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Three-Unit Duplex Property
For Sale
$579,000

537 W Lake Avenue NW, Atlanta, GA 30318

Residential Income, Atlanta, GA

Property SizeContact for details
Lot Size0.29 Acres
Days on Market46

Property Features for 537 W Lake Avenue NW

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 4
Parking features Driveway
Elementary school Woodson Park Academy
Middle school John Lewis Invictus Academy/Harper-Archer
High school Frederick Douglass
Directions GPS
Standard status Active
APN 14 014600020251
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5382

Utilities

Utilities Cable Available
Sewer type Septic Tank
Water source Public

Building Details

Year built 1935
Floors in Building 2
Number of units 3
Building materials Block, Vinyl Siding
Roof type Composition
Listing Agency: HomeSmart · HomeSmart International
Listed By: Anthony Thomas · License #374529
Added: Jul 16 Changed: Aug 20 Last Checked: Aug 30 at 8:06PM
MLS# 7806140

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 duplex property includes three distinct residences on a 0.2865-acre lot. The upper home has 3 bedrooms and 1 full bath, along with an open living and kitchen area featuring granite counters, stainless steel appliances, a center island, and contemporary cabinetry. A finished lower-level residence provides 2 bedrooms, 1 bath, a kitchen, living area, laundry, and its own entrance. The detached ADU adds a 1-bedroom, 1-bath unit. All three spaces are currently operated as Airbnb short-term rentals.

Built in 1935, the property features block and vinyl siding construction, a composition roof, driveway parking, public water, and a septic tank. The Atlanta location offers access to Downtown Atlanta, major interstates, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.

Key Highlights

  • Three separate residences: 3‑bedroom upper unit, 2‑bedroom lower unit, and detached 1‑bedroom ADU
  • All three living spaces currently operate as Airbnb short‑term rentals
  • Finished lower level includes a kitchen, living area, laundry, and separate entrance

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Pharmacy Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate living spaces and active short-term rental operations support a multi-unit residential use.
Where is this duplex 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 $579,000.
What are key features of this property?
This property features: Three separate residences: 3‑bedroom upper unit, 2‑bedroom lower unit, and detached 1‑bedroom ADU; All three living spaces currently operate as Airbnb short‑term rentals; Finished lower level includes a kitchen, living area, laundry, and separate entrance
More about this property
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