New

3927 Wabash Lane

Ellenwood, GA 30294
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Bed 8

Bed

Bath 2

Bath

SqFt1,782

Sqft

Acres0.38

Acre(Lot)

Options abound for this contemporary, furnished coliving rental. Currently generating over $3,200 per month in rent, you can reposition the property and bring rents up to market for robust returns north of a 12% cap rate. Or, with after repair values north of $300,000, this home could be a great BRRRR or flip. Already operating as a rental and in need of only minor TLC, there are many value-add plays here. Inside, soaring vaulted ceilings greet you, alongside an updated kitchen with granite countertops and white cabinets, updated bathrooms, LVP flooring throughout, and a dedicated laundry room. Outside, a long, wide driveway offers abundant off-street parking, and the large, level backyard is framed by mature trees for privacy. More than $38,500 in rent over the past year means you collect income from day one while you execute your plan. After some modest improvements, pro forma income as a furnished coliving rental runs over 24%+ cash-on-cash ROI even after management fees, north of 30% if you do self-managed co-living. Whether you plan to keep it or reposition it, you have options. Sold as-is. Pro forma and full financials available upon request.

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Detail Ic Property Details

Property Type : Residential

Price : $210,000

AD Id : 87866307

MLS Id : 10803481

Beds : 8

Lot Size : 0.38 Acre

Living Area Size : 1,782

Year Built : 1985

Garage : 2

County : DeKalb

Subdivision: River Run

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 0 Main Bedrooms: 8 Room Type: Laundry,Other Window Features: Insulated Windows

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0 Full Baths Main: 2 Baths Full Lower: 0 Baths Full Upper: 0

    Water/Sewer

    Water Source: Public Water BodyName: NONE Sewer: Public Sewer
  • Interior Features

    Other,Roommate Plan Flooring: Laminate

    Appliances

    Dishwasher,Microwave,Refrigerator

    Utilities

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

    Central Air

    Heating Source

    Central

    Fireplace

    Number of Fireplaces: 1 Fireplace Features: Other

  • Building Information

    Built Year: 1985 Roof Type: Composition Basement: None Common Walls: No Common Walls Levels: One Property Age: 41
  • Exterior Features

    Other

    Foundation

    Slab
  • Laundry Features

    Laundry Closet

    Construction Materials

    Wood Siding

    Property Condition

    Resale

  • Lot Information

    Lot Size (Acr): 0.38 Lot Size Source: Public Records Lot Features: Private
  • Property Information

    Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: River Run City: Ellenwood State: GA Directions: Please use GPS for most accurate driving directions Property Status: New

  • Listing Price Information

    Original List Price: $210,000

  • Tax Information

    Annual Tax: $4252 Tax Year: 2025
  • Home Warranty

    Home Warranty Paid: No

  • Parking Information

    Parking: 2 Parking Features: Off Street,Parking Pad
  • Homeowners Association Information

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

  • School Information

    Elementary School: Oak View High School: Cedar Grove Middle School: Cedar Grove Source Neighborhood: River Run
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2643 Colville Terrace, Ellenwood, GA, 30294 $341,990 3 3 1,677 1,677 SqFt
2639 Colville Terrace, Ellenwood, GA, 30294 $372,990 3 3 1,864 1,864 SqFt
Grant Road, Ellenwood, GA, 30294 $45,000 -- -- --
2643 Colville Terrace, Ellenwood, GA, 30294 $341,990 3 2 1,677 1,677 SqFt
2639 Colville Terrace, Ellenwood, GA, 30294 $372,990 3 2 1,864 1,864 SqFt
105 Southview Drive, Ellenwood, GA, 30294 $549,900 4 4 2,800 2,800 SqFt
5931 Brassie Ridge Lane, Ellenwood, GA, 30294 $310,000 3 2 --
5931 Brassie Ridge Lane, Ellenwood, GA, 30294 $310,000 3 3 --
4360 Riverstone Shoals, Ellenwood, GA, 30294 $995,000 5 3 4,205 4,205 SqFt
4453 Postwood Lane, Ellenwood, GA, 30294 $675,000 5 4 --
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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 07/22/2026 @ 15:13

MLS: 10803481 LISTED BY: Josh Stanton, Keller Williams Realty 404-564-5560 SOURCE: Georgia MLS

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