1640 Lakewood Avenue SE
Atlanta, GA 30315
6
Bed
4
Bath
0.27Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 0 Main Bedrooms: 6 Room Type: Other Window Features: Insulated WindowsBathroom Information
Total Baths: 4 Full Baths: 4 Half Baths: 0 Full Baths Main: 4 Baths Full Lower: 0 Baths Full Upper: 0Water/Sewer
Water Source: Public Water BodyName: NONE Sewer: Public Sewer -
Interior Features
Other Flooring: OtherAppliances
RefrigeratorUtilities
None -
Cooling Features
Central AirHeating Source
Natural GasFireplace
Number of Fireplaces: 0
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Building Information
Built Year: 1940 Roof Type: Composition Basement: Bath/Stubbed Common Walls: No Common Walls Levels: One Property Age: 86 -
Foundation
SlabSecurity Features
Smoke Detector(s) -
Laundry Features
NoneConstruction Materials
Wood SidingProperty Condition
Resale
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Lot Information
Lot Size (Acr): 0.273 Lot Size Source: Public Records Lot Features: Sloped -
Property Information
Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: Lakewood Heights City: Atlanta State: GA Directions: 75 South - Exit 244 - turn left onto GA-54 S/University Ave SW - Turn right onto McDonough Blvd SE - Turn right onto Lakewood Ave SE - The home will be on the left Property Status: Back On Market
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Listing Price Information
Original List Price: $175,000
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Tax Information
Annual Tax: $2111 Tax Year: 2024 -
Home Warranty
Home Warranty Paid: No
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Parking Information
Parking: 0 Parking Features: Parking Pad -
Homeowners Association Information
Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Association Fee Includes: None Community Features: None
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School Information
Elementary School: Slater High School: Carver Middle School: Price Source Neighborhood: Lakewood Heights
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1319 Lakota Place, Atlanta, GA, 30315 | $475,790 | 4 | 4 | -- | |
| 1321 Lakota Place, Atlanta, GA, 30315 | $471,990 | 3 | 4 | -- | |
| 1149 Isa Drive, Atlanta, GA, 30315 | $280,000 | 3 | 2 | 1,039 | 1,039 SqFt |
| 1149 Isa Drive SE, Atlanta, GA, 30315 | $280,000 | 3 | 2 | 1,039 | 1,039 SqFt |
| 1111 Valley View Road SE, Atlanta, GA, 30315 | $299,900 | 3 | 2 | 1,400 | 1,400 SqFt |
| 1111 Valley View Road, Atlanta, GA, 30315 | $299,900 | 3 | 2 | 1,400 | 1,400 SqFt |
| 1258 Kipling Street, Atlanta, GA, 30315 | $264,500 | 4 | 2 | -- | |
| 1258 Kipling Street SE, Atlanta, GA, 30315 | $264,500 | 4 | 2 | -- | |
| 1080 Valley View Road, Atlanta, GA, 30315 | $225,000 | 5 | 2 | 1,400 | 1,400 SqFt |
| 1080 Valley View Road SE, Atlanta, GA, 30315 | $225,000 | 5 | 2 | 1,400 | 1,400 SqFt |
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Nearby For Sale
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.
ByOwner last updated this listing 06/25/2026 @ 03:35
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