Short-Term Rental Property with
For Sale
$599,000
537 W Lake Avenue NW, Atlanta, GA 30318
Three separate rental living spaces, including a detached ADU, currently operating as short-term rentals.
Property SizeContact for details
Days on Market27
Property Features for 537 W Lake Avenue NW
General Information
Standard status
Active
Property subtype
Duplex
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,382
Building Details
Year Built
1935
Buildings
2
Listing Agency:
HomeSmart
(205) 422-2254
Listed By:
Anthony Thomas · License #374529
Source:
Evatlanta
Added: Jul 16
Changed: Aug 8
Last Checked: Aug 10 at 9:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart
Investment Insights
Based on property information with market context.
This short-term rental property combines three separate living spaces on one lot, currently operating as successful Airbnb/short-term rentals. The main upper residence features three bedrooms and one full bath, with a bright open-concept living room and kitchen. The kitchen includes granite countertops, stainless steel appliances, a large center island, and modern cabinetry.
The finished lower level provides a private two-bedroom, one-bath living space with its own kitchen, living area, laundry, and a separate entrance. A detached accessory dwelling unit (ADU) adds an additional one-bedroom, one-bath residence, creating three income-producing units on one property. The home was built in 1935, and the layout supports independent occupancy across all three units.
Conveniently located just minutes from Downtown Atlanta, with quick access to major interstates, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.
The finished lower level provides a private two-bedroom, one-bath living space with its own kitchen, living area, laundry, and a separate entrance. A detached accessory dwelling unit (ADU) adds an additional one-bedroom, one-bath residence, creating three income-producing units on one property. The home was built in 1935, and the layout supports independent occupancy across all three units.
Conveniently located just minutes from Downtown Atlanta, with quick access to major interstates, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.
Key Highlights
- Three separate living spaces operating as short‑term rentals
- Main upper residence: 3 bedrooms, 1 full bath, open‑concept living and kitchen
- Lower level: private 2‑bedroom, 1‑bath suite with kitchen, laundry, and separate entrance
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Explore this area
Business Placement
Demographics for 30318, GA
60,392
Population
29,993
Households
2
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
20.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$79,222
Median Household Income
$53,455
Median Earnings
$1,702
Median Rent
$395,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Three separate rental living spaces, including a detached ADU, currently operating as short-term rentals.
Where is this short term rental property located?
The property is located at 537 W Lake Avenue NW Atlanta, GA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three separate living spaces operating as short‑term rentals; Main upper residence: 3 bedrooms, 1 full bath, open‑concept living and kitchen; Lower level: private 2‑bedroom, 1‑bath suite with kitchen, laundry, and separate entrance
