Decatur, GA 30035,5181 Covington HWY
Decatur, GA 30035,5181 Covington HWY
Decatur, GA 30035,5181 Covington HWY
Decatur, GA 30035,5181 Covington HWY
Decatur, GA 30035,5181 Covington HWY
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
20
May
Wed
21
May
Thu
22
May
$ 320,000
Est. payment | /mo

3 Beds

1 Bath

1,264 SqFt


Save
$ 320,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,264 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,264 sqft

Price per Sqft $253

MLS Listing ID 7549946

Style Bungalow,Cottage

Bedrooms 3

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1935

Annual Tax Amount $2,438

Tax Year 2023

Lot Size 2.600 Acres

Acres 2.6

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

Property Description

Exceptional Multi-Property Investment Opportunity – Prime Assemblage on Covington Highway

Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic location just minutes from Highway 285 ensures excellent connectivity and long-term value growth.

Property Breakdown:

Lot 1:A spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet of finished living space, plus an additional 391 square foot unfinished basement—perfect for customization or expansion. The home sits on a generously sized 0.66-acre lot, offering ample yard space and privacy.

Lot 2:A charming 3-bedroom, 2-bathroom residence featuring 1,891 square feet of interior space, along with a 300 square foot unfinished basement. Set on a substantial 1.39-acre lot, this property offers both comfort and future development potential.

Lot 3:A cozy 3-bedroom, 1-bathroom home offering 1,264 square feet of living area, situated on a sprawling 2.57-acre lot. Ideal for personal use, rental income, or as a candidate for redevelopment.

Total Combined Acreage: 4.62 Acres

With a flexible layout and diverse structures, this assemblage offers multiple paths for return on investment:

Renovate and lease existing residences

Develop a boutique housing enclave

Subdivide and sell parcels individually

Hold for long-term appreciation in a rapidly developing corridor

Key Highlights:

Prime location on Covington Highway

Easy access to major thoroughfares, especially I-285

Approximately 40 feet of road frontage

Flexible zoning potential (buyer to verify)

Seller is open to offers on individual lots—see additional listings #10488862 and #10488863 for separate details.

This is a compelling acquisition for investors, developers, or visionaries seeking a strategically located, multi-parcel property with excellent upside potential.

Location

State GA

County Dekalb

Lake Name None

Rooms

Bedroom Description None

Other Rooms None

Basement None

Main Level Bedrooms 3

Dining Room None

Interior

Interior Features Entrance Foyer, High Speed Internet, Other

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile, Hardwood

Fireplaces Type None

Window Features None

Appliance Dishwasher, Gas Water Heater, Microwave

Laundry Common Area

Exterior

Exterior Feature None

Parking Features Parking Pad

Fence None

Pool None

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available

Waterfront Description None

View Trees/Woods

Roof Type Composition

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch None

Private Pool false

Building

Lot Description Back Yard, Wooded

Story One

Foundation Slab

Sewer Septic Tank

Water Public

Architectural Style Bungalow, Cottage

Level or Stories One

Structure Type Stone

New Construction No

Construction Status Resale

Schools

Elementary Schools Canby Lane

Middle Schools Mary Mcleod Bethune

High Schools Towers

Others

Senior Community no

Restrictions false

Tax ID 15 161 02 002

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing no

Special Listing Condition None

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Atl Partners
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

5181 Covington HWY