MAJOR PRICE REDUCTION - NOW OFFERED AT $85,000 This is the opportunity investors have been waiting for. Welcome to 5347 Lacey Ave, a 2-bedroom, 1-bath property situated on approximately 0.24 acres in Morrow, Georgia. This property gives buyers the flexibility to renovate, rent, or redevelop based on their investment strategy. Positioned at the end of a dead-end street, the property offers privacy with minimal through traffic while still maintaining strong accessibility to major corridors. Located just minutes from Hartsfield-Jackson International Airport, I-75, I-285, and approximately 15 minutes from Downtown Atlanta, this location continues to benefit from steady growth and increasing demand. The home itself is a 1,075 square foot ranch built in 1968 and is in need of renovation, making it a strong value-add opportunity for investors seeking to create equity through improvements . The lot spans approximately 0.24 acres and offers usable space with flexibility for future repositioning or long-term hold . The property is not located within a flood hazard area, which adds an additional layer of long-term stability for development or ownership. With pricing now at $85,000, this creates a compelling entry point for investors seeking margin, flexibility, and long-term upside in a growing area. Whether you're looking to renovate and hold, fix and flip, or secure a well-located piece of land for future use, this property offers multiple exit strategies. Opportunities at this price point with this level of potential are becoming increasingly difficult to find.
Active
Price cut: $13K (7/30)
$85,000
5347 Lacey Ave, Morrow, GA 30260
2beds
--sqft
Single Family Residence
Built in 1968
10,497 Square Feet Lot
$80,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 199 days
- 164
- 11
Zillow last checked:
Listing updated:
Listed by:
Taylor Ingram 404-599-3338,
Keller Williams Realty Atlanta North
Source: GAMLS,MLS#: 10716365
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Den
Heating
- Other
Cooling
- Electric, Gas, Other, Window Unit(s)
Appliances
- Included: Other
- Laundry: None
Features
- Other
- Flooring: Other
- Basement: None
- Number of fireplaces: 1
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 9
- Parking features: None
Features
- Levels: One
- Stories: 1
- Fencing: Front Yard
- Has view: Yes
- View description: City, Seasonal View, Valley
- Waterfront features: No Dock Or Boathouse
- Body of water: None
Lot
- Size: 10,497 Square Feet
- Features: Corner Lot, Private
- Residential vegetation: Cleared, Grassed, Partially Wooded
Details
- Additional structures: Barn(s)
- Parcel number: 12179D A009
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Other
Condition
- Fixer
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Features: None
- Security: Gated Community
- Subdivision: Moore H G
HOA
- Has HOA: No
- Services included: None
Location
- Region: Morrow
Financial & listing details
- Tax assessed value: $115,900
- Annual tax amount: $640
- Date on market: 3/23/2026
- Cumulative days on market: 199 days
- Listing agreement: Exclusive Agency
- Listing terms: 1031 Exchange,Cash,Conventional,Private Financing Available
- Electric utility on property: Yes
Estimated market value
$80,800
$76,000 - $85,000
$1,586/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Price change | $85,000-13.3% |
Source: | ||
| 7/27/2026 | Price change | $98,000-14.8% |
Source: | ||
| 5/1/2026 | Price change | $115,000-20.7% |
Source: | ||
| 3/24/2026 | Listed for sale | $145,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $640 +25.1% | $46,360 +20.2% |
| 2024 | $512 +423.7% | $38,560 +7.7% |
| 2023 | $98 -69.2% | $35,800 +25% |
| 2022 | $317 +61.9% | $28,640 +28.8% |
| 2021 | $196 +79.6% | $22,240 +25.7% |
| 2020 | $109 +80.6% | $17,698 -53.5% |
| 2019 | $60 -8.1% | $38,073 +145.9% |
| 2018 | $66 -7.6% | $15,486 -1.2% |
| 2017 | $71 -5.6% | $15,668 -1.2% |
| 2016 | $75 | $15,862 |
| 2015 | $75 -3.5% | -- |
| 2014 | $78 +18.1% | $15,450 |
| 2013 | $66 -19.4% | -- |
| 2012 | $82 -62.3% | -- |
| 2011 | $217 +3.2% | -- |
| 2010 | $210 -14% | -- |
| 2009 | $245 +107.4% | -- |
| 2008 | $118 +2.7% | -- |
| 2007 | $115 -6.2% | -- |
| 2006 | $122 -13.8% | -- |
| 2005 | $142 +32.8% | -- |
| 2003 | $107 +80.6% | -- |
| 2002 | $59 -11.8% | -- |
| 2001 | $67 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 30260
Nearby schools
Schools provided by the listing agent
- Elementary: Morrow
- Middle: Morrow
- High: Morrow
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






