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Active75 days listed

2494 Lester Street, Atlanta, GA 30344

  • 7bd
  • 3ba
  • 2,825SF
  • 0.26ac lot

Single-family homeSemmes Park

List price

$479,000

$170/SF list

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FMLS IDXFMLS #7820754 · Listing Provided By Bolst · 404-482-2293 · Listing agent The Justin Landis Group

Location

2494 Lester Street, Atlanta GA 30344

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About this home

Rare Investment Opportunity offering TWO SEPARATE RESIDENCES and multiple streams of rental income in the heart of East Point's growing Semmes Park community, and Seller Financing is available below current market rates! Ideal for investors looking to expand their portfolio, house hackers, or buyers seeking a flexible income-producing property, this unique setup includes a main residence plus a separate two-story rear residence with two additional units. The main residence offers approximately 1,225 square feet with 3 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. Tucked behind the main home, the rear residence features two separate 2-bedroom, 1-bathroom units, each approximately 800 square feet. The upper unit is currently leased, while the lower unit is vacant and features an open living and kitchen area, two bedrooms, a full bathroom, updated flooring, and fresh neutral paint giving the next owner the opportunity to place a tenant and further maximize the property's income potential. With two income-producing units already in place and a third unit ready for its next occupant, this property offers a compelling combination of existing cash flow and additional upside. Seller is also offering multiple investment properties at 3181 Church St and 4010 Boulder Park Dr SW and is open to selling all three properties together with potential seller financing, creating a rare opportunity to acquire SEVERAL units across three income-producing properties. Located in one of Metro Atlanta's fastest-growing areas, enjoy easy access to East Point's revitalized Downtown District with local restaurants, shops, and MARTA, while being just minutes from Downtown Atlanta, Midtown, Hartsfield-Jackson International Airport, Tyler Perry Studios, and major highways.

How this list price compares in Atlanta

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
7
Full baths
3
Living area
2,825 SF
Lot size
0.26 acres
Year built
1930
Levels
Two
Main-level bedrooms
3
Parking
Driveway, Level Driveway
Style
Other
Construction
Other
Roof
Composition
Flooring
Hardwood, Other
Heating
Central
Cooling
Central Air
Fireplaces
1
Appliances
Dishwasher, Electric Oven, Electric Range
Lot
Level
Community
Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Other
HOA
No
Annual tax
$4,815 (2025)
County
Fulton

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $479,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$3,667/mo

Principal and interest
$2,961
Property tax
$401
Home insurance
$125
Mortgage insurance
$180
Loan amount
$431,100
Cash down
$47,900

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Bolst, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Atlanta?

See the similar homes section on this page, or browse all homes for sale in Atlanta, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

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