Back to Search
Residential Income Property with Detached ADU

537 W Lake Avenue NW Atlanta, GA 30318

New
537 W Lake Avenue NW, Atlanta, GA, 30318
$649,900
For Sale
$649,900

MULTI_FAMILY - Atlanta, GA

Lot Size0.29 Acres
Days on Market1

Property Features for 537 W Lake Avenue NW

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Driveway
Standard status
Active
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
10900 Crabapple Road, Atlanta, GA
Listed by Anthony Thomas · License #374529
Added: Jul 16 Checked: Jul 16 at 5:06 pm
MLS# 7806140 Listing URL

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 residential income property contains three separate living spaces used as short-term rentals. The main upper residence features 3 bedrooms and 1 full bath, with an open-concept living room and kitchen. The kitchen includes granite countertops, stainless steel appliances, and a large center island, supported by modern cabinetry.

The finished lower level offers a private 2-bedroom, 1-bath living space with its own kitchen, living area, laundry, and a separate entrance. A detached accessory dwelling unit (ADU) provides an additional 1-bedroom, 1-bath residence, creating three income-producing units on one property.

Located at 537 W Lake Avenue NW in Atlanta (30318), the property is described as being 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 currently operating as Airbnb/short‑term rentals
  • Upper residence: 3 bedrooms, 1 full bath, open‑concept living room and kitchen with granite countertops and stainless steel appliances
  • Finished lower level offers a private 2‑bedroom, 1‑bath space with its own kitchen, living area, laundry, and separate entrance

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Building Supply Pharmacy Kitchen & Bath Showroom Furniture & Home Goods Gym & Fitness Center Big Box & Wholesale Store HVAC Service Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three self-contained residential units operate as short-term rentals, including a detached 1-bedroom ADU.
Where is this triplex 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 $649,900.
What are key features of this property?
This property features: Three separate living spaces currently operating as Airbnb/short‑term rentals; Upper residence: 3 bedrooms, 1 full bath, open‑concept living room and kitchen with granite countertops and stainless steel appliances; Finished lower level offers a private 2‑bedroom, 1‑bath space with its own kitchen, living area, laundry, and separate entrance
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message