Active

5159 Covington Highway

Decatur, GA 30035
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Bed 4

Bed

Bath 3

Bath

SqFt2,455

Sqft

Acres0.70

Acre(Lot)

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-perfec t 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.

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Detail Ic Property Details

Property Type : Residential

Price : $350,000

AD Id : 63626513

MLS Id : 10488863

Beds : 4

Lot Size : 0.70 Acre

Living Area Size : 2,455

Year Built : 1964

Garage : 2

County : DeKalb

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 0 Main Bedrooms: 4 Room Type: Family Room,Laundry Window Features: Insulated Windows

    Bathroom Information

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

    Water/Sewer

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

    Kitchen: Breakfast Bar Dining Room: Open Concept

    Interior Features

    High Ceilings,In-Law Floorplan Flooring: Carpet,Hardwood,Laminate

    Appliances

    Dishwasher,Gas Water Heater,Microwave,Oven/Range (Combo),Refrigerator

    Utilities

    Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Sewer Connected
  • Cooling Features

    Electric,Central Air

    Energy

    Electric: 220 Volts

    Heating Source

    Electric,Forced Air

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1964 Roof Type: Composition Basement: Partial Levels: One and One Half Property Age: 62
  • Security Features

    Carbon Monoxide Detector(s),Security System,Smoke Detector(s)
  • Laundry Features

    Other

    Construction Materials

    Brick

    Property Condition

    Resale

  • Lot Information

    Lot Size (Acr): 0.7 Land Lot: 162 Lot Size Source: Public Records Lot Features: None
  • Property Information

    Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: None City: Decatur State: GA Directions: 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. Property Status: Active

  • Listing Price Information

    Original List Price: $350,000

  • Tax Information

    Annual Tax: $4329.96 Tax Year: 23 Tax Block: 05 Tax Lot: 0
  • Home Warranty

    Home Warranty Paid: No

  • Parking Information

    Parking: 2 Parking Features: Carport
  • Homeowners Association Information

    Association: No Annual Association Fee: 0 Calculated Total Monthly Association Fees: 0 Association Fee Includes: None Community Features: None,Street Lights

  • School Information

    Elementary School: Canby Lane High School: Towers High School Bus: Yes Middle School: Mary Mcleod Bethune Middle School Bus: Yes Source Neighborhood: None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5184 Miller Woods Drive, Decatur, GA, 30035 $425,000 6 3 3,752 3,752 SqFt
5071 Donnell Way, Decatur, GA, 30035 $199,000 3 2 1,857 1,857 SqFt
5065 Donnell Way, Decatur, GA, 30035 $199,900 3 2 2,379 2,379 SqFt
5139 Longview Run, Decatur, GA, 30035 $289,900 3 2 1,728 1,728 SqFt
5103 Jack Drive, Decatur, GA, 30035 $300,000 3 3 --
5103 Jack Drive, Decatur, GA, 30035 $300,000 3 2 1,872 1,872 SqFt
5099 Jack Drive, Decatur, GA, 30035 $349,999 5 3 --
5099 Jack Drive, Decatur, GA, 30035 $349,999 5 3 --
4998 Windsor Downs Drive, Decatur, GA, 30035 $214,900 3 2 1,731 1,731 SqFt
4999 Windsor Downs Drive, Decatur, GA, 30035 $240,000 3 2 1,334 1,334 SqFt
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 06/05/2026 @ 15:40

MLS: 10488863 LISTED BY: Kimberly Branch, Keller Williams Realty Atl. Partners 678-252-1900 SOURCE: Georgia MLS

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