Rare Three-Unit Investment With Two Separate Residences In Semmes Park
New

2494 Lester Street

Atlanta, GA 30344
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Bed 7

Bed

Bath 3

Bath

SqFt2,825

Sqft

Acres0.26

Acre(Lot)

Rare Investment Opportunity offering TWO SEPARATE RESIDENCES and multiple streams of rental income in the heart of East Point's growing Semmes Park community! Ideal for investors looking to expand their portfolio, house hackers, or buyers seeking a flexible income-producing property, this unique setup includes a main residence plus a separate two-story rear residence with two additional units. The main residence offers approximately 1,225 square feet with 3 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. Tucked behind the main home, the rear residence features two separate 2-bedroom, 1-bathroom units, each approximately 800 square feet. The upper unit is currently leased, while the lower unit is vacant and features an open living and kitchen are a, two bedrooms, a full bathroom, updated flooring, and fresh neutral paint giving the next owner the opportunity to place a tenant and further maximize the property's income potential. With two income-producing units already in place and a third unit ready for its next occupant, this property offers a compelling combination of existing cash flow and additional upside. Seller is also offering separate, multi-unit investment properties at 3181 Church St and 4010 Boulder Park Dr SW and is open to selling all three properties together with potential seller financing, creating a rare opportunity to acquire TEN UNITS across three income-producing properties. Located in one of Metro Atlanta's fastest-growing areas, enjoy easy access to East Point's revitalized Downtown District with local restaurants, shops, and MARTA, while being just minutes from Downtown Atlanta, Midtown, Hartsfield-Jackson International Airport, Tyler Perry Studios, and major highways.

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Detail Ic Property Details

Property Type : Residential

Price : $479,000

AD Id : 89826148

MLS Id : 10830495

Beds : 7

Lot Size : 0.26 Acre

Living Area Size : 2,825

Year Built : 1930

Garage : 4

County : Fulton

Subdivision: Semmes Park

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 7 Bedrooms On Upper Level: 2 Bedrooms On Lower Level: 2 Main Bedrooms: 3 Room Type: Family Room,Foyer Window Features: Insulated Windows

    Bathroom Information

    Total Baths: 3 Full Baths: 3 Half Baths: 0 Full Baths Main: 1 Baths Full Lower: 1 Baths Full Upper: 1

    Water/Sewer

    Water Source: Public Water BodyName: None Sewer: Public Sewer
  • Kitchen Information

    Kitchen: Breakfast Area,Pantry Dining Room: Separate Room

    Interior Features

    Master On Main Level,Roommate Plan Flooring: Hardwood

    Appliances

    Dishwasher

    Utilities

    High Speed Internet
  • Cooling Features

    Central Air

    Heating Source

    Central

    Fireplace

    Number of Fireplaces: 1 Fireplace Features: Family Room

  • Building Information

    Built Year: 1930 Roof Type: Composition Basement: None Common Walls: No Common Walls Levels: Two Property Age: 96
  • Foundation

    Slab
  • Laundry Features

    Other

    Patio And Porch

    Porch

    Construction Materials

    Other

    Property Condition

    Resale

  • Lot Information

    Lot Size (Acr): 0.257 Lot Size Source: Public Records Lot Features: Level
  • Property Information

    Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House,Other Subdivision: Semmes Park City: Atlanta State: GA Directions: Please use GPS. Property Status: New

  • Listing Price Information

    Original List Price: $479,000

  • Tax Information

    Annual Tax: $4815 Tax Year: 2025
  • Home Warranty

    Home Warranty Paid: No

  • Parking Information

    Parking: 4 Parking Features: Kitchen Level
  • Homeowners Association Information

    Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Association Fee Includes: None Community Features: Walk To Public Transit,Walk To Schools,Walk To Shopping

  • School Information

    Elementary School: Hamilton Holmes High School: Tri Cities High School Bus: No Middle School: Paul D West Middle School Bus: No Source Neighborhood: Semmes Park
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MLS Logo

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 08/25/2026 @ 23:52

MLS: 10830495 LISTED BY: Justin Landis, Bolst, Inc. 404-482-2293 SOURCE: Georgia MLS

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