Three-Unit Short-Term Rental
For Sale
$579,000
537 W Lake Avenue NW, Atlanta, GA 30318
Three distinct residences currently operate as short-term rentals, including a detached accessory dwelling unit.
Property SizeContact for details
Days on Market106
Property Features for 537 W Lake Avenue NW
General Information
Standard status
Active
Property subtype
Multi Family,Duplex,Triplex
Site & Location
Neighborhood
Grove Park
Highway Access
Yes
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$5,382
Building Details
Year Built
1935
Buildings
2
Listing Agency:
J Brand Realty
Listed By:
Reville Realty
(706) 318-0045
Source:
Jbrandrealtyga
Added: Jul 16
Changed: Oct 28
Last Checked: Oct 26 at 2:48PM
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 J Brand Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property contains three separate residences: an upper-level home with three bedrooms and one full bath, a finished lower-level unit with two bedrooms and one bath, and a detached one-bedroom, one-bath accessory dwelling unit. The lower residence has its own kitchen, living area, laundry, and entrance. The upper home features an open living and kitchen area with granite countertops, stainless steel appliances, a center island, and modern cabinetry. The property was built in 1935, and all three units currently operate as short-term rentals.
The property is in Atlanta, with access to major interstates and proximity to Downtown Atlanta, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.
The property is in Atlanta, with access to major interstates and proximity to Downtown Atlanta, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.
Key Highlights
- Three separate residences operating as short‑term rentals
- Upper residence offers 3 bedrooms, 1 full bath, granite countertops, stainless steel appliances, and a center island
- Finished lower‑level unit has 2 bedrooms, 1 bath, its own kitchen, living area, laundry, and separate entrance
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Three distinct residences currently operate as short-term rentals, including a detached accessory dwelling unit.
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 $579,000.
What are key features of this property?
This property features: Three separate residences operating as short‑term rentals; Upper residence offers 3 bedrooms, 1 full bath, granite countertops, stainless steel appliances, and a center island; Finished lower‑level unit has 2 bedrooms, 1 bath, its own kitchen, living area, laundry, and separate entrance
