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  • $849,000

    2243 E Lake Rd NE, Atlanta, GA 30307

    4beds
    3baths
    --sqft
    : 
    $6,367/mo
    Get pre-qualified
    Triplex, Residential Income
    Built in 1925
    -- sqft lot
    $816,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Decorative fireplaceFull updated bathHardwood floorsRocking chair front porchLarge private backyardOriginal door knobsDining area
    INCOME PRODUCING TRIPLEX - FANTASTIC INVESTMENT OPPORTUNITY TO OWN 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 fantastic 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): Vacant - 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 - 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.
    44 days
    1,027
    136

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Sandra Chu,

    Realty Hub, LLC 888-900-1801

    Source: FMLS GA,MLS#: 7833644MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air, Ductless
      Features
      • Flooring: Luxury Vinyl, Wood
      • Windows: None

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Level Driveway, Paved
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: No Dock
      • Fencing: Back Yard,Wood
      • Has view: Yes
      • View description: City
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 0.42 Acres
      • Dimensions: 282 x 60
      • Features: Level
      Details
      • Parcel number: 15 237 04 008

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Residential Income
      Materials
      • Cement Siding
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1925

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: None
      • Security: None
      • Subdivision: Druid Hills
      HOA
      • Has HOA: No
      Location
      • Region: Atlanta

      Financial & listing details

      • Annual tax amount: $10,094
      • Date on market: 9/14/2026
      • Cumulative days on market: 44 days
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $816,300

        $775,000 - $857,000

        $3,047/mo

        Price history

        DateEventPrice
        9/14/2026Listed for sale$849,000+41.5%
        Source: FMLS GA #7833644 Report a problem
        5/24/2022Sold$600,000-4.1%
        Source: FMLS GA #7023732 Report a problem
        5/3/2022Pending sale$625,500
        Source: FMLS GA #7023732 Report a problem
        4/22/2022Price change$625,500-10%
        Source: FMLS GA #7023732 Report a problem
        3/31/2022Listed for sale$695,000
        Source: GAMLS #10033795 Report a problem
        5/25/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        5/18/2021Listed for rent$1,350+3.8%
        Source: Zillow Rental Manager Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        9/3/2020Listing removed$1,300
        Source: Owner Report a problem
        8/24/2020Listed for rent$1,300
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Druid Hills

        Getting around

        56 / 100
        Somewhat Walkable
        47 / 100
        Some Transit
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fernbank
        • Middle: Druid Hills
        • High: Druid Hills

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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