Skip To Content

1640 Lakewood Avenue SE

Atlanta, GA 30315
  • $175,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 10766586
UPDATED: 20 min ago
$175,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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!

Monthly Payment Calculator



Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2026-06-10T20:13:01.933.
www.c21novusrettrogroup.com/homes/176613523
Print Image

1640 Lakewood Avenue SE Atlanta, GA 30315

  • Price: $175,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 20 min ago
  • MLS #: 10766586
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1940
Built
Neighborhood:
Lakewood Heights
County:
Fulton
Area:
ATLANTA
Elementary School:
Slater
Middle School:
Price
High School:
Carver
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!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Wood Siding Garage YN No Levels One Lot Size Area 11891.88 Lot Size Source Public Records Lot Size Units Square Feet Parking Features None Parking Total 0

Interior Features

Above Grade Finished Area Units Square Feet Basement Partial Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Natural Gas Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None Gross Income 0 New Construction YN No Property Condition Resale Property Sub Type Multi FamilyTriplex Sewer Public Sewer Structure Type Triplex Tax Annual Amount 2111 Tax Year 2024 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Atlanta Communities: 404-844-4198. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2026-06-10T20:13:01.933.
 
https://bt-photos.global.ssl.fastly.net/gamls/1280_boomver_1_10766586-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/1280_boomver_1_10766586-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/1280_boomver_1_10766586-2.jpg
Logo
Rettro Group | Century 21 Novus
537 Newnan Road
Carrollton GA, 30117