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Pending
  • Price cut: $20K (8/20)
    $579,000

    537 W Lake Ave NW, Atlanta, GA 30318

    --beds
    --baths
    --sqft
    : 
    $4,213/mo
    Get pre-qualified
    Multi Family, Duplex, Triplex
    Built in 1935
    -- sqft lot
    $561,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern cabinetryLarge center islandStainless steel appliancesGranite countertops
    THREE PROPERTIES FOR THE PRICE OF ONE!!! Duplex with an ADU!!!! 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.
    53 days
    80
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony Thomas 205-422-2254,

    HomeSmart

    Source: GAMLS,MLS#: 10807039MLS Logo

      Facts & features

      Interior

      Heating
      • Other
      Cooling
      • Other
      Features
      • Basement: Finished,Full
      • Has fireplace: No

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Body of water: None
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: 14 014600020251

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex, Triplex
      Materials
      • Block, Vinyl Siding
      Condition
      • Resale
      • New construction: No
      • Year built: 1935

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Other

      Community & HOA

      Community
      • Features: None
      • Subdivision: None
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Atlanta

      Financial & listing details

      • Tax assessed value: $328,900
      • Annual tax amount: $5,382
      • Date on market: 7/16/2026
      • Cumulative days on market: 53 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $561,500

        $533,000 - $590,000

        $1,097/mo

        Price history

        DateEventPrice
        8/27/2026Pending sale$579,000
        Source: GAMLS #10807039 Report a problem
        8/20/2026Price change$579,000-3.3%
        Source: GAMLS #10807039 Report a problem
        7/27/2026Price change$599,000-7.8%
        Source: FMLS GA #7806140 Report a problem
        7/16/2026Listed for sale$649,900+94.6%
        Source: FMLS GA #7806140 Report a problem
        5/9/2024Sold$334,000-4.3%
        Source: FMLS GA #7340611 Report a problem
        4/12/2024Pending sale$349,000
        Source: FMLS GA #7340611 Report a problem
        4/5/2024Contingent$349,000
        Source: GAMLS #10256718 Report a problem
        4/2/2024Listed for sale$349,000
        Source: GAMLS #10256718 Report a problem
        2/26/2024Pending sale$349,000
        Source: FMLS GA #7340611 Report a problem
        2/22/2024Listed for sale$349,000
        Source: FMLS GA #7340611 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,382 +76.5%$131,560 +76.6%
        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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Grove Park

        Getting around

        47 / 100
        Car-Dependent
        52 / 100
        Good Transit
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Woodson
        • Middle: Harper Archer
        • High: Douglass

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

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