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2243 E Lake Road

Atlanta, GA 30307
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Acres0.42

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FANTASTIC INVESTMENT OPPORTUNITY TO OWN AN INCOME PRODUCING TRIPLEX IN HISTORIC DRUID HILLS OR CONVERT INTO SINGLE FAMILY HOME! Projected combined rents of approximately $6,000 per month provide potential gross rental income of $72,000 annually. Recent renovations include new concrete driveway and parking pad, full total renovation of the ADU loft in the back. This charming 1920's traditional ranch with a rocking chair front porch and sidewalk that takes you to Oakhurst Village or Olmsted Linear Park, Fernbank Museum, Fernbank Elementary, Druid Hills Golf Club and many other parks. This hot, in-town location is ideal! Only minutes to Emory, CDC and much much more! Find many original stunning features such as original crown molding and hardwood floors, built in cabinetry, door knobs and f antastic 12’ ceilings. Large private backyard. This triplex offers 2 bedroom/1 full bath spacious unit, one 1 bed/1 bath unit and a separate Studio/Tiny House on the rear of the property. All units with private entrances. Each unit has its own washer and dryer. Parking spaces located in the rear of the property for all the units. Gas and Electric are 3 separate meters and water is 1 meter for the property. Unit A (front): Tenant occupied - 2/1 is the largest and includes a decorative fireplace, hardwood floors, living room, reading nook or small office area, dining area, renovated modern kitchen with shaker cabinets and quartz countertops, 2 bedrooms and a full updated bath. Unit features original crown molding and hardwood floors, built in cabinetry, some original door knobs and fantastic 12’ ceilings give this property lots of charm. Unit B (front): Tenant occupied - 1/1 includes a modern new renovated kitchen with white shaker cabinets and quartz countertops and stainless steel appliances, full updated bath, spacious bedroom with hardwood floors, a light-filled bright unit with lots of light through large windows. Hardwood floors, built in cabinetry and original door knobs and fantastic 12’ ceilings give this unit fantastic charm. Unit C: Located on the rear of the property. Unit C - Large Loft ADU (back): Vacant - 1/1 total renovation including new stairs and wrought iron railing, newly refinished hardwood floors and large new windows that flood the space with natural light. The modern new kitchen boasts stainless steel appliances, quartz countertops, and ample cabinetry for storage. Loft bedroom is upstairs. Bathroom has towel warmer and heating rack, vanity mirror with built-in lights, smart Toto toilet, frameless shower room door and brand new washer and dryer. All written Lease Agreements available for occupied units. Convert to a single family home, live in one unit and rent the other two. Or use it as an investment property and collect rent.

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Detail Ic Property Details

Property Type : Residential Income

Price : $849,000

AD Id : 91217305

MLS Id : 7833644

Lot Size : 0.42 Acre

Tax Amount : 10094.00

Year Built : 1925

County : Dekalb

Subdivision: Druid Hills

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Feature Features

  • Flooring Information

    Wood
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Ductless

  • Building Information

    Year Built: 1925 Construction Materials: Cement Siding Private Pool: No View: City

  • Lot Information

    Lot Dimensions: 282 x 60 Lot Size Acres: 0.42 Lot Size Source: Public Records Lot Description: Level

    Property Information

    Subdivision: Druid Hills Source Property Type: Residential Income Postal Code Plus 4: 1837 Property SubType: Triplex Levels: One Property Age: 101

  • Listing Price Information

    Listing Price: $849000 1031 Exchange, Cash, Conventional

  • Tax Information

    Parcel Number: 15 237 04 008 Tax Year: 2025 Annual Tax: $10094 Tax Legal Desc: LAND:237 DIS:15 SUB:DRUID HILLS LOT:15 BLK:25 Parcel:15 237 04 008 ADDR1:2243 LAKE RDSTREETNUM:2243 STREET:LAKE SUFF:RD STATE:GA

  • Parking Information

    Parking Total: 3 Driveway, Paved

  • School Information

    Elementary School: Fernbank
    Junior High School: Druid Hills
    Senior High School: Druid Hills
  • Utility Information

    Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Location Information

    Direction: Use GPS. WaterSource: Public
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Nearby Home Value

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472 Burlington Road, Atlanta, GA, 30307 $675,000 -- -- -- 0.24 Acre
1353 La France Street, Atlanta, GA, 30307 $1,025,000 -- -- -- 0.27 Acre
590 Seminole Avenue, Atlanta, GA, 30307 $799,900 -- -- -- 0.15 Acre
452 Sinclair Avenue, Atlanta, GA, 30307 $1,295,000 -- -- -- 0.18 Acre
937 Austin Avenue, Atlanta, GA, 30307 $1,299,900 -- -- -- 0.13 Acre

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ByOwner last updated this listing 09/14/2026 @ 09:17

MLS: 7833644 LISTED BY: Sandra Chu, Realty Hub, LLC 888-900-1801 SOURCE: First Multiple Listing Service (FMLS)

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