1640 Lakewood Avenue
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 beds: 6Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Has Basement: Yes Basement: Bath/Stubbed -
Flooring Information
None -
Roofing Information
Composition -
Interior Features
Other Roof: Composition Appliances: Gas Range, Refrigerator Laundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1940 Building Area Total: 4757 Construction Materials: Wood Siding Patio And Porch Features: Covered Pool Features: None Private Pool: No View: Other -
Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: x Lot Size Acres: 0.2727 Lot Size Source: Public Records Lot Description: Back YardProperty Information
Subdivision: Lakewood Heights Source Property Type: Residential Postal Code Plus 4: 5251 Property SubType: Single Family Residence Levels: One Property Age: 86
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Listing Price Information
Listing Price: $175000
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Tax Information
Parcel Number: 14 005700170228 Tax Year: 2024 Annual Tax: $2111 Tax Legal Desc: Deed book/page 43296/469
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Parking Information
On Street
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School Information
Elementary School: Thomas Heathe SlaterJunior High School: Judson PriceSenior High School: G.W. Carver -
Utility Information
None -
Location Information
Direction: 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 WaterSource: Public Security Features: Smoke Detector(s)
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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ByOwner last updated this listing 06/23/2026 @ 06:19
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