5169 Covington Highway, Decatur, GA 30035
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
5169 Covington Highway,Decatur, GA 30035
$315,000
- 3 Beds
- 2 Baths
- 1,891 sq. ft.
- Single family
- Active
Listed by:kimberly branch
Office:keller williams rlty atl. part
MLS#:10488861
Source:METROMLS
Price summary
- Price:$315,000
- Price per sq. ft.:$166.58
About this home
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.
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Home facts
- Year built:1959
- Listing Id #:10488861
- Updated:August 14, 2025 at 10:41 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,891 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1959
- Building area:1,891 sq. ft.
- Lot area:1.4 Acres
Schools
- High school:Towers
- Middle school:Mary Mcleod Bethune
- Elementary school:Canby Lane
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$166.58
- Tax amount:$3,829 (23)
2025 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed August 14, 2025New listings near 5169 Covington Highway
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