1640 Lakewood AVE SE, Atlanta, GA 30315
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1640 Lakewood AVE SE, Atlanta, GA 30315
1640 Lakewood AVE SE, Atlanta, GA 30315
1640 Lakewood AVE SE, Atlanta, GA 30315
1640 Lakewood AVE SE, Atlanta, GA 30315
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1640 Lakewood AVE SE Atlanta, GA 30315

0.27 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Lakewood Heights

MLS Listing ID 7770972

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $2,111

Tax Year 2024

Lot Size 0.273 Acres

Acres 0.2727

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

This Lakewood Heights property is a unique investor opportunity with mixed-use zoning and flexible uses! While it is technically being called a duplex because it is on 2 meters, the setup lives more like a quadraplex with 4 separate units and 6 total rooms. The current layout includes two studio-style apartments with 1 bedroom and 1 bathroom each, plus two additional 2-bedroom, 1-bath style units, giving you multiple ways to create rental income under one roof. The mixed-use zoning is where this property really gets interesting. You can renovate the current setup and hold it as a rental, reconfigure the existing units, explore live/work potential, or look into future commercial, residential, or multi-unit redevelopment options. This is not just a standard residential property. It gives you room to think bigger, especially in a corridor already seeing new construction and redevelopment. Inside, the property has several key pieces already in place, including multiple kitchens, multiple bathrooms, gas ranges, white cabinetry, updated-looking flooring, and flexible rooms that can be used for bedrooms, living areas, office space, or tenant setups. The covered front porch gives the property character, and the lot gives you additional space to work with. Located right on Lakewood Avenue in Lakewood Heights, this property sits close to Lakewood Amphitheatre, The Ron Clark Academy, and major Atlanta routes. With 4 separate units, 2 meters, mixed-use zoning, and strong upside in a growing Atlanta location, this is the kind of property investors look for when they want options. Don't wait, take a tour today!

Location

State GA

County Fulton

Area Lakewood Heights

Lake Name None

Interior

Heating Natural Gas

Cooling Central Air

Window Features None

Exterior

Parking Features None

Fence None

Community Features None

Utilities Available None

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Other

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Wood Siding

Construction Status Resale

Schools

Elementary Schools Thomas Heathe Slater

Middle Schools Judson Price

High Schools G.W. Carver

Others

Senior Community no

Tax ID 14 005700170228


First Multiple Listing Service(FMLS)
Listed by Atlanta Communities
Kimberley Brown

Kimberley Brown

Agent License ID: 347367

+1(770) 652-1248

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1640 Lakewood AVE SE