Listing provided courtesy of Atlanta Communities- MLS# 7769559MLS Provider

1640 Lakewood Avenue SEAtlanta, GA 30315

Single Family · 6 Beds · 4 Full Baths · 4,757 Sq. ft. | 0.27 Acres
$175,000 Active

1640 Lakewood Avenue SE Overview

Time on Site:
45 days
Visits:
1

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!

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1640 Lakewood Avenue SE Facts & Features

  • Type Single Family
  • Sq. ft. 4,757
  • Price/Sq.ft. $37
  • Lot 0.27 Acres

Details

General

Association/HOA

  • Association Fee 2: 0
  • Association: No

School Information

  • Elementary School: Thomas Heathe Slater
  • Middle Or Junior School: Judson Price
  • High School: G.W. Carver

Green Features

  • Green Energy Efficient: None
  • Green Energy Generation: None

Building Information

  • Year Built: 1940

Location/Region

  • County Or Parish: Fulton - GA
  • Subdivision Name: Lakewood Heights

Community/Development

  • Community Features: None

Rent/Lease Information

  • Association Rent Restrictions: No
  • Land Lease: No

Tax Information

  • Tax Annual Amount: 2111
  • Tax Year: 2024

General Information

  • Parcel Number: 14 005700170228
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 4757

General Information

  • Accessibility Features: None
  • Appliances: Gas Range, Refrigerator
  • Basement: Bath/Stubbed
  • Common Walls: No Common Walls
  • Cooling: Central Air
  • Electric: None
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Flooring: None
  • Heating: Natural Gas
  • Interior Features: Other
  • Laundry Features: None
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Half Bathrooms: 0
  • Main Level Bedrooms: 6
  • Other Equipment: None
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: None

Room Information

  • Bedroom Features: Other

Exterior

Parking Information

  • Parking Features: On Street

Lot Information

  • Lot Features: Back Yard
  • Lot Size Acres: 0.2727
  • Lot Size Dimensions: x
  • Lot Size Source: Public Records
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Other
  • Water Body Name: None
  • Waterfront Features: None

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Wood Siding
  • Patio And Porch Features: Covered
  • Property Attached: No
  • Roof: Composition

General Information

  • Exterior Features: None
  • Fencing: None
  • Horse Amenities: None
  • Other Structures: None
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: None
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1640 Lakewood Avenue SE Neighborhood

Community

30315 (Atlanta) Demographics

34
Median Age
3,203
Population Density (per sq. mile)
29%
College Educated
$29,197
Estimated Median Income
4,552
Estimated Total Home Owners
8,713
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1640 Lakewood Avenue SE Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1640 Lakewood Avenue SE Market Data

Based on the last 30 days in this zip code

$373,835
Average List Price
$280
Average Price per Square Foot
56
Properties Sold
73
Average Days on Market
425
Properties for Sale
Calculations provided by Reliance Network

1640 Lakewood Avenue SE History

Date Event Value Agent
6/26/2026Source: Georgia MLS Status Change
Active
6/26/2026Source: Georgia MLS Status Change
Active
6/24/2026Source: Georgia MLS Status Change
Back On Market
6/24/2026Source: Georgia MLS Status Change
Back On Market
6/24/2026Source: FMLS Status Change
Active
6/24/2026Source: FMLS Status Change
Active
6/22/2026Source: Georgia MLS Status Change
Active Under Contract
6/22/2026Source: Georgia MLS Status Change
Active Under Contract
6/22/2026Source: FMLS Status Change
Active Under Contract
6/22/2026Source: FMLS Status Change
Active Under Contract
5/31/2026Source: Georgia MLS Status Change
Active
5/31/2026Source: Georgia MLS Status Change
Active
5/18/2026Source: Georgia MLS Added to Database
May 18, 2026
5/18/2026Source: Georgia MLS Added to Database
May 18, 2026
5/16/2026Source: FMLS Added to Database
May 16, 2026
5/16/2026Source: FMLS Added to Database
May 16, 2026