5181 Covington Highway, Decatur, GA 30035
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
5181 Covington Highway,Decatur, GA 30035
$320,000
- 3 Beds
- 1 Baths
- 1,264 sq. ft.
- Single family
- Active
Listed by: kimberly d branch, eric render678-252-1900
Office: keller williams realty atl partners
MLS#:7549946
Source:FIRSTMLS
Price summary
- Price:$320,000
- Price per sq. ft.:$253.16
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.
Contact an agent
Home facts
- Year built:1935
- Listing ID #:7549946
- Updated:March 10, 2026 at 01:22 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Ceramic Tile, Hardwood
- Kitchen Description:Breakfast Room, Cabinets Other, Country Kitchen, Dishwasher, Eat-in Kitchen, Microwave
- Living area:1,264 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1935
- Building area:1,264 sq. ft.
- Lot area:2.6 Acres
- Lot Features:Back Yard, Wooded
- Architectural Style:Bungalow, Cottage
- Construction Materials:Stone
- Levels:1 Story
Schools
- High school:Towers
- Middle school:Mary McLeod Bethune
- Elementary school:Canby Lane
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$320,000
- Price per sq. ft.:$253.16
- Tax amount:$2,438 (2023)
Features and amenities
- Laundry features:Common Area
- Amenities:Entrance Foyer, Gas Water Heater, High Speed Internet
New listings near 5181 Covington Highway
- New
$490,000Active2 beds 2 baths1,088 sq. ft.1800 Clairmont Lake #A428, Decatur, GA 30033
MLS# 7731966Listed by: NORTHGROUP REAL ESTATE - New
$189,000Active3 beds 1 baths1,085 sq. ft.2243 Mark Trail, Decatur, GA 30032
MLS# 7732021Listed by: AREA WEST REALTY, LLC. - New
$384,900Active5 beds 3 baths3699 Larkspur Terrace, Decatur, GA 30032
MLS# 10706682Listed by: eXp Realty - New
Listed by BHGRE$367,000Active3 beds 2 baths1,798 sq. ft.3534 Spring Circle, Decatur, GA 30032
MLS# 7731818Listed by: BHGRE METRO BROKERS - Open Wed, 9am to 7pmNew
$185,000Active3 beds 3 baths1,560 sq. ft.3794 Waldrop Lane, Decatur, GA 30034
MLS# 7731949Listed by: OPENDOOR BROKERAGE, LLC - New
$699,000Active4 beds 3 baths2878 Blackwood Road, Decatur, GA 30033
MLS# 10706373Listed by: First United Realty, Inc. - New
$245,000Active4 beds 2 baths1,892 sq. ft.3768 Glen Mora Drive, Decatur, GA 30032
MLS# 7731593Listed by: EXCALIBUR HOMES, LLC. - New
$50,000Active2 beds 2 baths1,254 sq. ft.3269 Abbeywood Drive, Decatur, GA 30034
MLS# 10706231Listed by: BHHS Georgia Properties - New
$775,000Active-- beds -- baths827 Pinetree Drive, Decatur, GA 30030
MLS# 7731298Listed by: KELLER WILLIAMS REALTY METRO ATLANTA - New
$89,999Active3 beds 2 baths1,292 sq. ft.1203 Waldrop Place, Decatur, GA 30034
MLS# 7731329Listed by: EXP REALTY, LLC.