Four-Unit Mixed-Use
For Sale
$175,000
1640 Lakewood Avenue SE, Atlanta, GA 30315
Residential Income, Atlanta, GA
Property SizeContact for details
Lot Size0.27 Acres
Days on Market145
Property Features for 1640 Lakewood Avenue SE
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Lakewood Heights
Elementary school
Thomas Heathe Slater
Middle school
Judson Price
High school
G.W. Carver
Directions
75 South -> Exit 244 -> turn left onto GA-54 S/University Ave SW -> Turn right onto McDonough BIvd SE - urn right onto Lakewood Ave SE -> Turn left onto Richmond Ave SE -> The home will be on the right
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 Agency:
Atlanta Communities
(404) 844-4198
Listed By:
Nicholas Dixon · License #353661
(850) 321-8367
Added: May 16
Changed: Sep 12
Last Checked: Oct 7 at 8:06PM
MLS# 7770972
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1940 wood-sided property contains four separate residential units under one roof, including two one-bedroom, one-bath units and two additional two-bedroom, one-bath units. The interior includes multiple kitchens and bathrooms, gas ranges, white cabinetry, updated-looking flooring, and rooms that can accommodate bedroom, living, office, or tenant functions. A covered front porch adds outdoor character, while the 0.2727-acre lot provides additional site area.
The property is located at 1640 Lakewood Avenue SE in Atlanta’s Lakewood Heights area, near Lakewood Amphitheatre and The Ron Clark Academy. Public water and public sewer serve the property. Natural-gas heat, central air, and a composition roof are also in place.
Mixed-use zoning provides a framework for evaluating continued residential operation, unit reconfiguration, live-work use, or other residential and commercial possibilities. The property is identified as a quadplex and offers a four-unit configuration with two meters.
The property is located at 1640 Lakewood Avenue SE in Atlanta’s Lakewood Heights area, near Lakewood Amphitheatre and The Ron Clark Academy. Public water and public sewer serve the property. Natural-gas heat, central air, and a composition roof are also in place.
Mixed-use zoning provides a framework for evaluating continued residential operation, unit reconfiguration, live-work use, or other residential and commercial possibilities. The property is identified as a quadplex and offers a four-unit configuration with two meters.
Key Highlights
- Four separate units with two 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units
- Mixed‑use zoning supports residential, live‑work, and commercial‑use evaluation
- 0.2727‑acre lot at 1640 Lakewood Avenue SE, Atlanta, GA 30315
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
Demographics for 30315, GA
34,327
Population
15,458
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
82%
High-School Grad
11.5 sq mi
ZIP Area
2,985
Density / Sq Mi
$42,383
Median Household Income
$36,311
Median Earnings
$989
Median Rent
$266,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Mixed-use zoning supports residential rental use alongside potential live-work or commercial configurations.
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: Four separate units with two 1‑bedroom/1‑bath units and two 2‑bedroom/1‑bath units; Mixed‑use zoning supports residential, live‑work, and commercial‑use evaluation; 0.2727‑acre lot at 1640 Lakewood Avenue SE, Atlanta, GA 30315
