2132 Burroughs Ave SE Atlanta, GA 30315
Lakewood NeighborhoodEstimated payment $1,885/month
Highlights
- No HOA
- Central Heating and Cooling System
- Wood Siding
About This Home
This income-generating property is a turnkey dream for savvy investors, currently bringing in $2,700 per month in rental income. With 3 bedrooms on the main level and 3 additional bedrooms in the finished basement, each floor is complete with its own full bathroom, offering great functionality and tenant appeal. Ideally located on a quiet street, just a short walk to a MARTA bus stop, this home offers both convenience and strong rental potential. Flexible options allow the property to be sold with or without tenants-all currently on month-to-month leases. Whether you're looking to expand your portfolio or dive into real estate investing with immediate returns, this property is ready to deliver.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,293
Year Built
- Built in 1955
Lot Details
- 9,148 Sq Ft Lot
Parking
- Parking Pad
Home Design
- Duplex
- Slab Foundation
- Wood Siding
Interior Spaces
- 2-Story Property
- Crawl Space
Schools
- South Atlanta High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
Community Details
- No Home Owners Association
- Lakewood Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,124 | $116,960 | $25,040 | $91,920 |
| 2023 | $4,124 | $110,440 | $31,160 | $79,280 |
| 2022 | $2,624 | $64,840 | $10,080 | $54,760 |
| 2021 | $1,896 | $46,800 | $7,200 | $39,600 |
| 2020 | $1,762 | $43,000 | $8,480 | $34,520 |
| 2019 | $487 | $31,240 | $5,240 | $26,000 |
| 2018 | $780 | $18,840 | $4,040 | $14,800 |
| 2017 | $781 | $18,080 | $3,880 | $14,200 |
| 2016 | $783 | $18,080 | $3,880 | $14,200 |
| 2015 | $1,262 | $18,080 | $3,880 | $14,200 |
| 2014 | $820 | $18,080 | $3,880 | $14,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $265,000 | 0.0% | -- |
| 08/12/2025 08/12/25 | Price Changed | $265,000 | -8.6% | $252 / Sq Ft |
| 07/21/2025 07/21/25 | For Sale | $290,000 | -3.3% | -- |
| 07/21/2025 07/21/25 | For Sale | $300,000 | -- | $285 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Limited Warranty Deed | $235,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $29,000 | -- | |
| Warranty Deed | -- | -- | |
| Deed | $37,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $235,000 | New Conventional | |
| Previous Owner | $145,000 | Stand Alone Second |
Source: Georgia MLS
MLS Number: 10582269
APN: 14-0038-0002-031-0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Redfin 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 2025 Georgia MLS. All rights reserved.
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