Active

2885 Lakemont Drive

Marietta, GA 30060

$615,000 $2,592/Mo

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Overview

Bed

Bath

0.33

Acre(Lot)

Description

Excellent turnkey investment opportunity in a high-demand Marietta location close to I-75, I-285, and minutes from The Battery Atlanta! This solid 3-story triplex sits on a private lot and features three spacious 2-bedroom, 2-bathroom units, each boasting a highly functional floor plan with a separate formal dining room and a cozy fireplace in the living room. The property offers a seamless mix of value-add potential and stability, as some units have been renovated while others remain classic. Professionally managed with seamless operations from day one, the building is occupied by long-term tenants. Perfect for a seasoned investor looking for reliable cash flow with potential rental increases with further renovations, providing the perfect future window to place a new tenant at top market rent, as only 1 of the 3 units have been renovated. Units with this layout and location historically rent quickly. The 3 units are 2885, 2887, and 2889 Lakemont Drive SW.

Property Details

Property Type : Residential Income

Price : $615,000

AD Id : 79386352

MLS Id : 7775525

Lot Size : 0.33 Acre

Year Built : 1981

County : Cobb

Subdivision: Lakemont Village

Map

What's Nearby

Nearby Areas

Features

Roofing Information

Composition
Interior Features

Roof: Composition
Heating & Cooling

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

Building Information

Year Built: 1981 Construction Materials: Cedar, Frame Private Pool: No View: Trees/Woods

Lot Information

Lot Dimensions: x Lot Size Acres: 0.3255 Lot Size Source: Public Records Lot Description: Corner Lot

Property Information

Subdivision: Lakemont Village Source Property Type: Residential Income Property SubType: Triplex Levels: Three Or More Property Age: 45

Listing Price Information

Listing Price: $615000

Tax Information

Parcel Number: 17019900640 Tax Year: 2025 Annual Tax: $4966 Tax Legal Desc: LOT 7 BLOCK A

Parking Information

Parking Total: 6 Detached, Paved

School Information

Elementary School: Norton Park

Junior High School: Floyd

Senior High School: Osborne
Utility Information

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

Direction: Please use GPS. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
229 Victory Drive, Marietta, GA, 30060	$479,000	--	--	--
466 Birney Street, Marietta, GA, 30060	$399,900	--	--	--
454 Birney Street, Marietta, GA, 30060	$399,900	--	--	--

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ByOwner last updated this listing 06/16/2026 @ 02:42

MLS: 7775525 LISTED BY: Tim Hur, Point Honors and Associates, Realtors 678-869-5130 SOURCE: First Multiple Listing Service (FMLS)