Lakewood Heights Mixed-Use Investment
1640 Lakewood Avenue SE, Atlanta, GA 30315
- Added:
- May 16, 2026
- Days on Market:
- 8
- Last Refresh:
- May 23 at 7:06 am
Property Features for 1640 Lakewood Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 14 005700170228
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2111
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agent Nicholas Dixon License #353661 (770) 240-2001
Listing office Atlanta Communities 4170 Ashford Dunwoody Road Suite 125, Marietta, GA (404) 844-4198
Listing date May 16, 2026
MLS# 7770972
Listing URL
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HighLights
- Mixed‑use zoning offers flexible options.
- Configured as a quadraplex with 4 separate units, providing multiple income streams.
- Prime location in the growing Lakewood Heights area, close to amenities and major routes.
- Unique investor opportunity with strong upside potential.
- Two meters in place, technically a duplex, but functions as a quadraplex.
- Multiple kitchens and bathrooms already in place, reducing renovation costs.
Overview
Located in Lakewood Heights on Lakewood Avenue, this property presents a unique investor opportunity due to its mixed-use zoning and potential for flexible uses. Configured as a duplex on two meters, the setup functions more like a quadplex, featuring four separate units and a total of six rooms. The current layout includes two studio-style apartments, each with one bedroom and one bathroom, along with two additional units featuring two bedrooms and one bathroom each. This arrangement allows for multiple rental income streams under one roof. The mixed-use zoning provides options to renovate the current setup for rental income, reconfigure the existing units, explore live/work potential, or consider future commercial, residential, or multi-unit redevelopment. The property includes multiple kitchens, multiple bathrooms, gas ranges, white cabinetry, updated-looking flooring, and flexible rooms suitable for bedrooms, living areas, or office space. A covered front porch adds character, and the lot offers additional space. Situated near Lakewood Amphitheatre, The Ron Clark Academy, and major Atlanta routes, this property is positioned in a corridor experiencing new construction and redevelopment. The lot size is 0.2727 acres.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.379594
- Latitude
- 33.7095
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Mixed-use property with four units in growing Atlanta location.
Where is this quadplex located?
The property is located at 1640 Lakewood Avenue SE Atlanta, GA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Mixed‑use zoning offers flexible options.; Configured as a quadraplex with 4 separate units, providing multiple income streams.; Prime location in the growing Lakewood Heights area, close to amenities and major routes.
