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Duplex with Detached ADU
For Sale
$579,000
Pending

537 W Lake Avenue NW, Atlanta, GA 30318

Residential Income, Atlanta, GA

Property SizeContact for details
Lot Size0.29 Acres
Days on Market47

Property Features for 537 W Lake Avenue NW

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 4
Parking features Off Street
Elementary school Woodson
Middle school Harper Archer
High school Douglass
Directions GPS
Standard status Pending
APN 14 014600020251
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5382

Utilities

Sewer type Septic Tank
Water source Public

Building Details

Year built 1935
Floors in Building 2
Number of units 2
Building materials Block, Vinyl Siding
Listing Agency: HomeSmart
Listed By: Anthony Thomas · License #374529
Added: Jul 16 Changed: Aug 27 Last Checked: Aug 31 at 12:06AM
MLS# 10807039

Copyright © 2026 Georgia Multiple Listing Service. 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 1935 duplex property includes three distinct living spaces. The upper residence has three bedrooms, one full bath, and an open living and kitchen area with granite countertops, stainless steel appliances, a center island, and modern cabinetry. The finished lower level provides two bedrooms, one bath, a kitchen, living area, laundry, and a separate entrance. A detached accessory dwelling unit adds a one-bedroom, one-bath residence.

The property is currently operated as short-term rentals and sits on a 0.287-acre parcel at 537 W Lake Avenue NW in Atlanta. Downtown Atlanta, major interstates, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport are described as minutes or quick-access destinations. Construction includes block and vinyl siding, with off-street parking, public water, and a septic tank.

Key Highlights

  • Three separate residences, including a duplex and detached ADU
  • Upper unit offers 3 bedrooms, 1 full bath, and open living‑kitchen space
  • Finished lower level includes 2 bedrooms, 1 bath, kitchen, 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 - Three separately configured residences combine into a multi-unit property currently operated as short-term rentals.
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, including a duplex and detached ADU; Upper unit offers 3 bedrooms, 1 full bath, and open living‑kitchen space; Finished lower level includes 2 bedrooms, 1 bath, kitchen, laundry, and separate entrance
More about this property
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