$225,000
$25K PRICE DROP

1640 Lakewood Ave SE Atlanta, GA 30315

Lakewood Heights Neighborhood

Estimated payment $1,419/month

Total Views 8,328
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1-Story Property
  • Central Air
  • Wood Siding

About This Home

Attention investors and developers! Check this out: a package deal of three lots totaling .42 acres, including two duplexes and one single-family home. Each lot is priced individually to simplify your investment decision.Seller is looking to sell all three properties at the same time. The properties are located at: * 1644 Lakewood Ave. SE, 30315 (Duplex) * 1640 Lakewood Ave. SE, 30315 (Duplex) * 1653 Richmond Ave. SE, 30315 (Single Family Home). All three with commercial zoning, these parcels offer a range of possibilities. Maintain them as rental properties with some upgrades, or take advantage of the zoning to develop multi-unit housing, mixed-use buildings, or a series of single-family homes or townhouses. Located on Lakewood Avenue, close to the Lakewood Amphitheater and The Ron Clark Academy, the area is experiencing a surge in new construction and development, signaling a prime time to invest!

Listing Agent

Nicholas Dixon

Atlanta Communities License #353661 Listed on: 03/20/2025

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 1940

Home Design

  • Composition Roof
  • Wood Siding

Schools

  • Thomas Heathe Slater Elementary School
  • Judson Price Middle School
  • G.W. Carver High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • 0.27 Acre Lot

Community Details

  • Lakewood Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 005700170228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,111

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Condition: Resale
  • Year Built: 1940
  • Levels Stories: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Composition
  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Natural Gas

Condo/Co-op/Association

  • Subdivision Complex: Lakewood Heights

Schools

  • Elementary School: Thomas Heathe Slater
  • Middle School: Judson Price
  • High School: G.W. Carver

Lot Info

  • Acres: 0.2727
  • Lot Dimensions: x
  • Parcel Number: 14 005700170228
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Multi Family

  • Unit Count: 3
  • Number Of Units Total: 1

Tax Info

  • Taxes: 2111.00
  • Assessor Parcel Number: 14-0057-0017-022-8
  • Tax Year: 2024

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Thomas Heathe Slater
  • High School: G.W. Carver
  • Middle School: Judson Price

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,645 $51,560 $40,800 $10,760
2023 $1,645 $51,560 $40,800 $10,760
2022 $2,087 $51,560 $40,800 $10,760
2021 $1,397 $51,560 $40,800 $10,760
2020 $2,112 $51,560 $40,800 $10,760
2019 $1,190 $51,560 $40,800 $10,760
2018 $2,135 $51,560 $40,800 $10,760
2017 $2,227 $51,560 $40,800 $10,760
2016 $1,898 $51,560 $40,800 $10,760
2015 $3,377 $51,560 $40,800 $10,760
2014 $1,487 $32,800 $22,960 $9,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $225,000 0.0% $47 / Sq Ft
05/14/2025 05/14/25 Price Changed $225,000 -10.0% --
03/20/2025 03/20/25 For Sale $250,000 0.0% $53 / Sq Ft
03/20/2025 03/20/25 For Sale $250,000 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Deed $82,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,600 Commercial
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7543013

First Multiple Listing Service (FMLS)

APN: 14-0057-0017-022-8

Georgia Fulton County Atlanta 30315 Lakewood Heights

1640 Lakewood Ave SE, Atlanta, GA

This home is located at 1640 Lakewood Ave SE, Atlanta, GA 30315 and is currently priced at $225,000. This property was built in 1940. 1640 Lakewood Ave SE is a home located in Fulton County with nearby schools including Slater Elementary School, Price Middle School, and Carver High School.

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Nicholas Dixon
Listing Agent
Nicholas Dixon
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Atlanta Communities
(470) 665-5493