Homes for sale - 5169 Covington HWY, Decatur, GA 30035

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Angelica Watson

angelicasellsgahomes@gmail.com +1(478) 442-4648

$ 315,000

Est. payment | -/mo

3 Beds

2 Baths

1,891 SqFt

Save

$ 315,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,891 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,891 sqft

Price per Sqft $166

MLS Listing ID 10488861

Style Ranch

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1959

Annual Tax Amount $3,829

Tax Year 23

Lot Size 1.400 Acres

Acres 1.4

Lot Dimensions 1.4

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

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.

Location

State GA

County Dekalb

Rooms

Bedroom Description No

Basement Partial, Unfinished

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring Carpet, Hardwood, Tile

Fireplace No

Appliance Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator

Laundry Common Area

Exterior

Parking Features None

Community Features None

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description None

Faces I75/85 S to I20 E, Exit 247 toward Augusta. Take Exit 67, I285 N toward Greenville. Take Exit 44, Glenwood Rd Exit. Turn R onto Glenwood Rd. Turn R onto Covington Hwy. Property on R.

Sewer Septic Tank

Water Public

Architectural Style Ranch

Structure Type Brick,Wood Siding

New Construction No

Schools

Elementary Schools Canby Lane

Middle Schools Mary Mcleod Bethune

High Schools Towers

Others

HOA Fee Include None

Tax ID 15 161 02 001

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Resale

SCHOOLSPROPERTIES

Elementary Schools 20

6

Edward L. Bouie- Sr. Elementary School

Public | PK - 5
5

Canby Lane Elementary School

Public | PK - 5
4

Dekalb Preparatory Academy Charter

Public | KG - 5
4

Rainbow Elementary School

Public | PK - 5
4

Woodridge Elementary School

Public | PK - 5
3

Bob Mathis Elementary School

Public | PK - 5
2

Peachcrest Elementary School

Public | PK - 5
2

Snapfinger Elementary School

Public | PK - 5
2

Rowland Elementary School

Public | PK - 5
2

Panola Way Elementary School

Public | PK - 5
1

Eldridge Miller Elementary School

Public | PK - 5
1

Fairington Elementary School

Public | PK - 5
0

Love & Grace Christian Academy

Private | PK - KG
0

Decatur Adventist Jr Academy

Private | PK - 8
0

Kingdom Group

Private | PK - 8
0

Solid Foundation

Private | T1 - 12
0

Kreative Kids Academy

Private | PK - KG
0

Berean Christian Academy

Private | KG - 8
0

Wings of a Dove Christian Academy

Private | PK - 5
0

Children for Christ Academy

Private | PK - 6

Middle Schools 2

2

Miller Grove Middle School

Public | 6 - 8
1

Mary McLeod Bethune Middle School

Public | 6 - 8

High Schools 3

5

Southwest Dekalb High School

Public | 9 - 12
4

Towers High School

Public | 9 - 12
4

Redan High School

Public | 9 - 12

School and business data provided by Attom Data.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(478) 442-4648

angelicasellsgahomes@gmail.com

800 Battery Ave SE Ste 100 Atlanta, GA 30339, Atlanta, Georgia, 30339, USA

5169 Covington HWY Decatur, GA 30035