LKV Realty
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$175,000
1640 Lakewood Avenue SE, Atlanta, GA 30315Listing ID 7769559

1640 Lakewood Avenue SE, Atlanta, GA 30315

Active
Lakewood Heights
Time on site: 94 daysLast updated: Jun 24, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
4
Square Feet
Square Feet
4,757
Acres
Acres
0.27
Days on Site
Days on Site
88
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas
Year Built
Year Built
1940
Parking
Parking
On Street

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!

Property Information

Property Details

Location

Address
1640 Lakewood Avenue SE
County
Fulton - GA
City
Atlanta
Zip Code
30315
Subdivision
Lakewood Heights
High School
G.W. Carver
Elementary School
Thomas Heathe Slater
Atlanta Communities, (404) 844-4198

Interior Features

Beds and Baths

Bedrooms
6
Main Level Bedrooms
6
Full Bathrooms
4
Bedroom Features
Other

Building

Building Information

Square Feet
4,757
Year Built
1940
Construction
Wood Siding
Foundation
Slab
Roof
Composition
Condition
Resale

Property Taxes

Tax Annual Amount
$2,111
Tax Year
2024

Market Report for 30315

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: First Multiple Listing Service
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