Multifamily Income
For Sale
$599,000
537 W Lake Avenue NW, Atlanta, GA 30318
MULTI_FAMILY - Atlanta, GA
Property SizeContact for details
Lot Size0.29 Acres
Days on Market32
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
Active
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
(404) 876-4901
Listed By:
Anthony Thomas · License #374529
(205) 422-2254
Added: Jul 16
Changed: Jul 27
Last Checked: Aug 16 at 3:06PM
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 multifamily income property features three separate living spaces on one lot: a duplex with an additional finished lower level and a detached accessory dwelling unit (ADU). The main upper residence includes 3 bedrooms and 1 full bath, with a bright open-concept living room and kitchen. The kitchen is described as having granite countertops, stainless steel appliances, a large center island, and modern cabinetry. The finished lower level provides a private 2-bedroom, 1-bath living space with its own kitchen, living area, laundry, and separate entrance.
The detached ADU adds a 1-bedroom, 1-bath residence, bringing the total to three income-producing units. The property is currently operating as successful Airbnb/short-term rentals. It is described as conveniently located just minutes from Downtown Atlanta, with quick access to major interstates, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.
All three units are situated on a single parcel at 537 W Lake Avenue NW, offering a self-contained configuration for separate operations.
The detached ADU adds a 1-bedroom, 1-bath residence, bringing the total to three income-producing units. The property is currently operating as successful Airbnb/short-term rentals. It is described as conveniently located just minutes from Downtown Atlanta, with quick access to major interstates, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.
All three units are situated on a single parcel at 537 W Lake Avenue NW, offering a self-contained configuration for separate operations.
Key Highlights
- Duplex with a detached ADU providing three separate living spaces on one property
- Upper main residence features 3 bedrooms, 1 full bath, open‑concept living room and kitchen, granite countertops, and stainless steel appliances
- Finished lower level offers a private 2‑bedroom, 1‑bath living space with its own kitchen, living area, laundry, and separate entrance
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Three separate residences on one lot, including a duplex with a finished lower level and a detached ADU.
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 $599,000.
What are key features of this property?
This property features: Duplex with a detached ADU providing three separate living spaces on one property; Upper main residence features 3 bedrooms, 1 full bath, open‑concept living room and kitchen, granite countertops, and stainless steel appliances; Finished lower level offers a private 2‑bedroom, 1‑bath living space with its own kitchen, living area, laundry, and separate entrance
