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.
Pending
Price cut: $20K (8/20)
$579,000
537 W Lake Ave NW, Atlanta, GA 30318
--beds
--baths
--sqft
Multi Family, Duplex, Triplex
Built in 1935
-- sqft lot
$561,500 Zestimate®
$--/sqft
$-- HOA
What's special
Modern cabinetryLarge center islandStainless steel appliancesGranite countertops
- 53 days
- 80
- 5
Zillow last checked:
Listing updated:
Listed by:
Anthony Thomas 205-422-2254,
HomeSmart
Source: GAMLS,MLS#: 10807039
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
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Pending sale | $579,000 |
Source: | ||
| 8/20/2026 | Price change | $579,000-3.3% |
Source: | ||
| 7/27/2026 | Price change | $599,000-7.8% |
Source: | ||
| 7/16/2026 | Listed for sale | $649,900+94.6% |
Source: | ||
| 5/9/2024 | Sold | $334,000-4.3% |
Source: | ||
| 4/12/2024 | Pending sale | $349,000 |
Source: | ||
| 4/5/2024 | Contingent | $349,000 |
Source: | ||
| 4/2/2024 | Listed for sale | $349,000 |
Source: | ||
| 2/26/2024 | Pending sale | $349,000 |
Source: | ||
| 2/22/2024 | Listed for sale | $349,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: Grove Park
Nearby schools
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.







