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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 : 63639915

MLS Id : 7549947

Beds : 4

Lot Size : 0.70 Acre

Living Area Size : 2,455

Year Built : 1964

County : Dekalb

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Partial
  • Flooring Information

    Carpet, Hardwood, Laminate
  • Roofing Information

    Composition
  • Interior Features

    Breakfast Bar, In-Law Floorplan, High Speed Internet Roof: Composition Appliances: Dishwasher, Gas Water Heater, Microwave, Refrigerator Laundry Features: Laundry Room, Other
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1964 Building Area Total: 2748 Construction Materials: Brick Patio And Porch Features: Covered Pool Features: None Private Pool: No View: Trees/Woods
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Lot Size Acres: 0.7 Lot Size Source: Assessor Lot Description: Back Yard, Wooded

    Property Information

    Subdivision: None Source Property Type: Residential Property SubType: Single Family Residence Levels: One and One Half Property Age: 62

  • Listing Price Information

    Listing Price: $350000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 15 162 05 020 Tax Lot: 0 Tax Block: 05 Tax Year: 2023 Annual Tax: $4330 Tax Legal Desc: Recorder's Book # 24304 Recorder's Page # 415

  • Parking Information

    Parking Total: 2 Carport

  • School Information

    Elementary School: Canby Lane
    Junior High School: Mary McLeod Bethune
    Senior High School: Towers
  • Utility Information

    Cable Available, Electricity Available, Natural Gas Available
  • Location Information

    Direction: 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. WaterSource: Public Security Features: Smoke Detector(s), Security System, Carbon Monoxide Detector(s), Fire Alarm, Security System Leased, Security System Owned
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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

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ByOwner last updated this listing 06/05/2026 @ 18:01

MLS: 7549947 LISTED BY: KIMBERLY BRANCH, Keller Williams Realty Atl Partners 678-252-1900 SOURCE: First Multiple Listing Service (FMLS)

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