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5159 Covington HWY, Decatur, GA 30035
5159 Covington HWY, Decatur, GA 30035
5159 Covington HWY, Decatur, GA 30035
13
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$350,000
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4 Beds
3 Baths
2,748 SqFt
Active

5159 Covington HWY Decatur, GA 30035

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,748 sqft

Price per Sqft $127

Subdivision No Subdivision

MLS Listing ID 7549947

Style Ranch

Bedrooms 4

Full Baths 3

Construction Status Resale

HOA Y/N No

Year Built 1964

Annual Tax Amount $4,330

Tax Year 2023

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Single Family Residence

Source First Multiple Listing Service

Property Description

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.

Location

State GA

County Dekalb

Area None

Lake Name None

Rooms

Bedroom Description In-Law Floorplan

Other Rooms None

Basement Partial

Main Level Bedrooms 4

Dining Room None

Kitchen Breakfast Bar

Bedroom High Ceilings 9 ft Lower,High Ceilings 9 ft Main,High Ceilings 9 ft Upper,High Speed Internet

Interior

Interior Features High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet

Heating Electric, Forced Air

Cooling Central Air, Electric

Flooring Carpet, Hardwood, Laminate

Fireplaces Type None

Equipment None

Window Features None

Appliance Dishwasher, Gas Water Heater, Microwave, Refrigerator

Laundry Laundry Room, Other

Exterior

Exterior Feature None

Parking Features Carport

Fence None

Pool None

Community Features Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available

Waterfront Description None

View Y/N Yes

View Trees/Woods

Roof Type Composition

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch Covered

Total Parking Spaces 2

Private Pool false

Building

Lot Description Back Yard, Wooded

Story One and One Half

Foundation Slab

Sewer Septic Tank

Water Public

Architectural Style Ranch

Level or Stories One and One Half

Structure Type Brick,Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Canby Lane

Middle Schools Mary Mcleod Bethune

High Schools Towers

Others

Senior Community no

Restrictions false

Tax ID 15 162 05 020

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing no


First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Atl Partners
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5159 Covington HWY

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