1640 Lakewood Avenue Se, Atlanta, GA 30315

Atlanta
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
1640 Lakewood Avenue Se,Atlanta, GA 30315
$175,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nicholas dixon
Office: atlanta communities
MLS#:7770972
Source:FIRSTMLS

Price summary

  • Price:$175,000

About this home

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...

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Home facts

  • Year built:1940
  • Subdivision & Development:Lakewood Heights
  • Listing ID #:7770972
  • Updated:October 11, 2026 at 01:29 PM

Rooms and interior

  • Total bathrooms:4

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1940
  • Lot area:0.27 Acres
  • Construction Materials:Wood Siding
  • Levels:1 Story

Schools

  • High school:G.W. Carver
  • Middle school:Judson Price
  • Elementary school:Thomas Heathe Slater

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$175,000
  • Tax amount:$2,111 (2024)
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