Views
Address
3927 Wabash Lane, Ellenwood, GA
Price
$ 210,000
Property Attributes
  • MLS#10803481
  • TypeSingle Family
  • Listing Status Under Contract
  • CountyDeKalb
  • CityEllenwood
  • NeighborhoodRiver Run
  • Zip30294
  • StyleOther
  • Year Built1985
  • Taxes$ 4252
  • Price$ 210,000
  • Bedrooms8
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1782
  • Lot Size0.38 Acres
Data Source:
Georgia MLS (GAMLS)
Property Description

Options abound for this contemporary, furnished coliving rental. Currently generating over $3,200 per month in rent, you can reposition the property and bring rents up to market for robust returns north of a 12% cap rate. Or, with after repair values north of $300,000, this home could be a great BRRRR or flip. Already operating as a rental and in need of only minor TLC, there are many value-add plays here. Inside, soaring vaulted ceilings greet you, alongside an updated kitchen with granite countertops and white cabinets, updated bathrooms, LVP flooring throughout, and a dedicated laundry room. Outside, a long, wide driveway offers abundant off-street parking, and the large, level backyard is framed by mature trees for privacy. More than $38,500 in rent over the past year means you collect income from day one while you execute your plan. After some modest improvements, pro forma income as a furnished coliving rental runs over 24%+ cash-on-cash ROI even after management fees, north of 30% if you do self-managed co-living. Whether you plan to keep it or reposition it, you have options. Sold as-is. Pro forma and full financials available upon request.

Elementary School Middle School High School
Oak View Elementary School Cedar Grove Middle School Cedar Grove High School
Price History
7/10/2026 Listed $210,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Sewer Available,Water Available
Roof Composition
Appliances Dishwasher,Microwave,Refrigerator
Association Fee Includes None
Architectural Style Other
Construction Materials Wood Siding
Year Built 1985
View Seasonal View
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Community Features None
County DeKalb
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name River Run
Garage Y/N false
Full Baths 2
Status Under Contract
Directions Please use GPS for most accurate driving directions
High School Cedar Grove
City Ellenwood
Body of Water None
Lot Size Units Square Feet
Lot Size Square Feet 16552.8
Carport Y/N false
Elementary School Oak View
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 4252
Home Warranty Y/N false
Middle/Junior High School Cedar Grove
Property Condition Resale
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending

Interior Features

Interior Amenities Other,Roommate Plan
Basement None
Flooring Laminate
Total Fireplaces 1
Fireplace Features Other
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1782
Laundry Features Laundry Closet
Total Bedrooms 8
Main Level Bedrooms 8
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Appraiser
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Exterior Amenities Other
Vegetation Wooded
Parking Features Off Street,Parking Pad
Lot Features Private
Water Source Public
Total Parking 2
Lot Size Area 16552.8
Foundation Details Slab
Building Area Total 1782
Lot Size Acres 0.38
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 30294

Price
AVG $320K
$210K
Taxes
AVG $4,271
$4,252
Year Built
AVG 1998
1985

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