Exceptional investment opportunity featuring three separate living spaces, all currently operating as successful Airbnb/short-term rentals. The main upper residence offers 3 bedrooms, 1 full bath, and a bright open-concept living room and kitchen with granite countertops, stainless steel appliances, a large center island, and modern cabinetry. The finished lower level includes a private 2-bedroom, 1-bath living space with its own kitchen, living area, laundry, and separate entrance. A detached accessory dwelling unit (ADU) provides an additional 1-bedroom, 1-bath residence, creating three income-producing units on one property. Ideal for investors seeking a turnkey short-term rental portfolio or those looking for a versatile multi-unit property. Conveniently located just minutes from Downtown Atlanta with quick access to major interstates, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.
Active
$649,900
537 W Lake Ave NW, Atlanta, GA 30318
5beds
3baths
--sqft
Duplex, Residential Income
Built in 1935
-- sqft lot
$622,200 Zestimate®
$--/sqft
$-- HOA
What's special
Modern cabinetryLarge center islandStainless steel appliancesGranite countertopsThree separate living spaces
- 3 days |
- 52 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Anthony Thomas,
HomeSmart 205-422-2254
Source: FMLS GA,MLS#: 7806140
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Other
Cooling
- Other
Features
- Windows: None
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Level Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.29 Acres
- Features: Other
Details
- Parcel number: 14 014600020251
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Residential Income
Materials
- Block, Vinyl Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: Other
- Security: None
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $186,200
- Annual tax amount: $5,382
- Date on market: 7/16/2026
- Cumulative days on market: 3 days
- Electric utility on property: Yes
Estimated market value
$622,200
$591,000 - $653,000
$1,241/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $649,900+94.6% |
Source:  FMLS GA #7806140 Report a problem | ||
| 5/9/2024 | Sold | $334,000-4.3% |
Source: FMLS GA #7340611 Report a problem | ||
| 4/12/2024 | Pending sale | $349,000 |
Source: FMLS GA #7340611 Report a problem | ||
| 4/5/2024 | Contingent | $349,000 |
Source:  GAMLS #10256718 Report a problem | ||
| 4/2/2024 | Listed for sale | $349,000 |
Source: GAMLS #10256718 Report a problem | ||
| 2/26/2024 | Pending sale | $349,000 |
Source: FMLS GA #7340611 Report a problem | ||
| 2/22/2024 | Listed for sale | $349,000 |
Source: FMLS GA #7340611 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,049 +28.3% | $74,480 |
| 2023 | $2,376 +6.4% | $74,480 +34.9% |
| 2022 | $2,234 +15.1% | $55,200 +15.2% |
| 2021 | $1,941 +15.2% | $47,920 +17.7% |
| 2020 | $1,686 +66.8% | $40,720 +31.5% |
| 2019 | $1,011 | $30,960 +152.1% |
| 2018 | $1,011 | $12,280 +16.3% |
| 2017 | $1,011 +5.5% | $10,560 |
| 2016 | $959 +109.1% | $10,560 |
| 2015 | $458 | $10,560 +129.6% |
| 2014 | -- | $4,600 +0.9% |
| 2013 | -- | $4,560 -68.8% |
| 2012 | $649 | $14,600 -36.2% |
| 2011 | -- | $22,880 |
| 2010 | -- | $22,880 |
| 2009 | -- | $22,880 -17.2% |
| 2007 | $291 | $27,640 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Grove Park
Nearby schools
GreatSchools rating
- 4/10Woodson Park AcademyGrades: PK-8Distance: 0.2 mi
- 2/10Douglass High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Woodson Park Academy
- Middle: John Lewis Invictus Academy/Harper-Archer
- High: Frederick Douglass
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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A local agent can set up tours, give advice and negotiate with sellers.
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