$100,000
2722 Penwood Place, Lithonia, GA 30058
Seize this prime investment opportunity with a tenant-occupied, cash-flowing 3-bedroom, 1.5-bathroom condo in Lithonia, GA! Boasting 1,212 square feet of comfortable living space, this property has been modernized with major upgrades, including new Mechanical, Electrical, and Plumbing systems, ensuring efficiency and long-term value. Perfect for seasoned investors or those looking to expand
Kim Dildy Perfect Match Properties Inc.
$130,000
5101 Fairington Club Dr, Lithonia, GA 30038
This wonderful ground-level CONDO looks new, feels new and even smells new! Boasting 3 nice-sized bedrooms and 2 full bathrooms with new paint, and flooring throughout, and nice size storage room. Located off Panola Rd exit on I-20, its only minutes from public transportation, places to eat and shop…
Berenger Greer OneSource Real Estate, LLC
Established in 1856, Lithonia, whose name is derived from the Greek word for stone (lithos), is a reflection of its surroundings. Granite found in the nearby Arabia Mountain and elsewhere in the region made stone quarrying a key economic driver in the city until the 1970s. Today, Lithonia has benefited from its proximity to Interstate 20. Residents can commute to major employers in Atlanta, 20 miles away, including Coca-Cola and Delta Airlines.
With a population of about 2,600, Lithonia has maintained its small-town appeal. "At least half of ...
On average, homes in Lithonia, GA sell after 59 days on the market compared to the national average of 48 days. The average sale price for homes in Lithonia, GA over the last 12 months is $289,403, up 3% from the average home sale price over the previous 12 months.
In Lithonia, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $100,000 to $130,000, there's a range to accomodate every budget. As of May, 2025 the median home price in Lithonia is $290,500, while the average sale price is $289,403, offering insights into the local housing market. On average, multi-family homes spend 59 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lithonia, GA.
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