MAJOR PRICE REDUCTION – NOW OFFERED AT $115,000 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 $115,000, 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: $30K (5/1)
$115,000
5347 Lacey Ave, Morrow, GA 30260
2beds
1,075sqft
Single Family Residence, Residential
Built in 1968
10,497 Square Feet Lot
$-- Zestimate®
$107/sqft
$-- HOA
What's special
- 107 days |
- 142 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Taylor Ingram,
Keller Williams Realty Atl North 770-509-0700
Source: FMLS GA,MLS#: 7739985
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Den
Primary bedroom
- Features: None
- Level: None
Bedroom
- Features: None
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: None
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
- Laundry: None
Features
- Other
- Flooring: Other
- Windows: None
- Basement: None
- Number of fireplaces: 1
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,075
- Total interior livable area: 1,075 sqft
Video & virtual tour
Property
Parking
- Total spaces: 9
- Parking features: None
Accessibility
- Accessibility features: Accessible Bedroom
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Private Yard, No Dock
- Pool features: None
- Spa features: None
- Fencing: Front Yard
- Has view: Yes
- View description: Neighborhood, Rural, Trees/Woods
- Waterfront features: None
- Body of water: None
Lot
- Size: 10,497 Square Feet
- Dimensions: 150 x 70
- Features: Back Yard, Corner Lot, Private
Details
- Additional structures: Barn(s)
- Parcel number: 12179D A009
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Other
- Roof: Other
Condition
- Fixer
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: None
- Sewer: Septic Tank
- 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: Security Gate
- Subdivision: Moore H G
HOA
- Has HOA: No
Location
- Region: Morrow
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $115,900
- Annual tax amount: $640
- Date on market: 3/23/2026
- Cumulative days on market: 107 days
- Electric utility on property: Yes
- Road surface type: None
Estimated market value
Not available
Estimated sales range
Not available
$1,550/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $115,000-20.7%$107/sqft |
Source:  FMLS GA #7739985 Report a problem | ||
| 3/24/2026 | Listed for sale | $145,000$135/sqft |
Source: FMLS GA #7739985 Report a problem | ||
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 | $67 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 30260
Nearby schools
GreatSchools rating
- 5/10Morrow Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 6/10Morrow Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Morrow High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Morrow
- Middle: Morrow
- High: Morrow
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Clayton County
- Morrow
- 30260
- 5347 Lacey Ave
Nearby cities
Nearby zip codes
Other Morrow Topics
