Active
$350,000

5159 Covington Highway Decatur, GA 30035

  • 4   Bedrooms
  • 3   Bathrooms
  • 2,748 SQ FTSource: Owner
5159 Covington Highway Exceptional Multi-Property Investment Opportunity – Prime Assemblage on Covington Highway Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic location just minutes from Highway 285 ensures excellent connectivity and long-term value growth. Property Breakdown: Lot 1:A spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet of finished living space, plus an additional 391 square foot unfinished basement—perfect for customization or expansion. The home sits on a generously sized 0.66-acre lot, offering ample yard space and privacy. Lot 2:A charming 3-bedroom, 2-bathroom residence featuring 1,891 square feet of interior space, along with a 300 square foot unfinished basement. Set on a substantial 1.39-acre lot, this property offers both comfort and future development potential. Lot 3:A cozy 3-bedroom, 1-bathroom home offering 1,264 square feet of living area, situated on a sprawling 2.57-acre lot. Ideal for personal use, rental income, or as a candidate for redevelopment. Total Combined Acreage: 4.62 Acres With a flexible layout and diverse structures, this assemblage offers multiple paths for return on investment: Renovate and lease existing residences Develop a boutique housing enclave Subdivide and sell parcels individually Hold for long-term appreciation in a rapidly developing corridor Key Highlights: Prime location on Covington Highway Easy access to major thoroughfares, especially I-285 Approximately 40 feet of road frontage Flexible zoning potential (buyer to verify) Seller is open to offers on individual lots—see additional listings #10488862 and #10488863 for separate details. This is a compelling acquisition for investors, developers, or visionaries seeking a strategically located, multi-parcel property with excellent upside potential.

Schools

  • Elementary
    Canby Lane
  • Middle
    Mary McLeod Bethune
  • High
    Towers
  • Location

  • Zip Code
    30035
  • City
    Decatur
  • County
    Dekalb - GA
  • Property Data

  • Status
    Active
  • MLS #
    7549947
  • Type
    Residential
  • Special
    Sold As/Is
  • Interior

  • Bedrooms
    4
  • Bathrooms
    3
  • Bedroom Description
    In-Law Floorplan
  • Rooms
    Family Room, Laundry
  • Features
    High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet
  • Kitchen
    Breakfast Bar
  • Appliances
    Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • HVAC
    Central Air, Electric
  • Basement
    Partial
  • Exterior

  • Style
    Ranch
  • Construction
    Brick, Brick 4 Sides
  • Built In
    1964
  • Stories
    Array
  • Sewer
    Septic Tank
  • Parking
    Carport
  • Services
    Street Lights
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available
  • Lot Description
    Back Yard, Wooded
  • Acres
    0.7
  • Listing Provided Courtesy Of: Keller Williams Realty Atl Partners 678-252-1900

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    Data Last updated on May 17, 2025 1:46am

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