Active$59,900
3 bd2 ba1,871 SFSingle-family home
3159 Lakewood Avenue SW
Atlanta, GA 30310 · 84 days listed
FMLS #7815422 · Listing Provided By Harris Real Estate Service, Inc. · 470-576-3998
Active26 days listed
491 Center Hill Avenue NW, Atlanta, GA 30318
- 3bd
- 2ba
- 1,214SF
- 0.17ac lot
FMLS #7847802 · Listing Provided By Gps Property Management, LLC. · 404-949-3855 · Listing agent Stephen Lytle
About this home
Seasoned investors/builders wanted. The original structure was demolished in 2023. The current structure was not property permitted. Make your offer today! It could be a nice addition to a buy-&-hold portfolio. Sold As-Is. NO BLIND OFFERS. Must use seller’s closing attorney
How this list price compares in Atlanta
- List price is 84% below the Atlanta median list price of $380,000 (5,381 homes).
- Compared with 2,648 single-family homes in Atlanta: 87% below the median of $449,900.
- List price per square foot is 81% below the Atlanta median of $255/SF.
- 11 homes for sale in Center Hill.
- All 5,381 homes for sale in Atlanta, GA.
- 6,733 homes for sale in Fulton County.
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
- 3
- Full baths
- 2
- Living area
- 1,214 SF
- Lot size
- 0.17 acres
- Year built
- 1955
- Levels
- One
- Main-level bedrooms
- 3
- Parking
- Driveway
- Basement
- Exterior Entry
- Style
- Other
- Construction
- Other
- Roof
- Composition
- Appliances
- Other
- Lot
- Back Yard
- HOA
- No
- Annual tax
- $2,435 (2025)
- County
- Fulton
Assigned schools
- HighFrederick Douglass
- MiddleJohn Lewis Invictus Academy/Harper-Archer
- ElementaryWoodson Park Academy
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $59,900 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$721/mo
- Principal and interest
- $370
- Property tax
- $203
- Home insurance
- $125
- Mortgage insurance
- $22
- HOA dues
- $0
- Loan amount
- $53,910
- Cash down
- $5,990
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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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.
Other property types for sale
- apartment buildings for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment opportunities in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- church buildings for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- Georgia land and acreage for saleAcreage, lots and development land.
- apartment buildings for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
Investor research and tools
- cap rates for apartment buildings in AtlantaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- multifamily NOI guideHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- apartment building DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- multifamily financing optionsConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- NOI and cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- rental property cash flow calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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