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Pending99 days listed

541 W Lake Avenue NW, Atlanta, GA 30318

  • 3bd
  • 1ba
  • 980SF
  • 0.15ac lot

Single-family homeGrove Park

List price

$139,500

$142/SF list

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FMLS IDXFMLS #7805118 · Listing Provided By The Official Ascending Realty, LLC · 470-329-3079 · Listing agent Dung Montilla

Location

541 W Lake Avenue NW, Atlanta GA 30318

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About this home

Charming Atlanta Bungalow with Endless Potential – Ideal for First-Time Buyers or Investors! Welcome to this charming 3-bedroom, 1-bath home nestled on a level 6,608± sq. ft. lot in one of Atlanta's rapidly growing areas. Blending classic character with everyday functionality, this single-story home offers a comfortable layout that's perfect for first-time homebuyers, downsizers, or savvy investors looking to expand their portfolio. From the inviting front porch to the spacious yard, this property offers plenty of curb appeal and room to make it your own. Inside, you'll find a practical floor plan with a welcoming family room, comfortable bedrooms, and abundant natural light. The level lot provides ample outdoor space for entertaining, gardening, future improvements, or simply enjoying the outdoors. Recent improvements have further enhanced the home, including newly completed landscaping that contributes to an attractive, refreshed exterior, repairs addressing prior moisture-related concerns, and restoration of the previously damaged ceiling area. Conveniently located just minutes from Downtown Atlanta, Westside Park, the BeltLine, Mercedes-Benz Stadium, and major highways, you'll enjoy easy access to shopping, restaurants, schools, parks, and everyday amenities. Whether you're searching for a place to call home or a property with strong rental potential, this home is full of opportunity.

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
Pending
Bedrooms
3
Full baths
1
Living area
980 SF
Lot size
0.15 acres
Year built
1940
Levels
One
Main-level bedrooms
3
Parking
Driveway
Style
Ranch
Construction
Other
Roof
Composition
Flooring
Other
Heating
Central
Fireplaces
1
Appliances
Other
Lot
Sloped, Wooded
Community
Sidewalks, Street Lights
HOA
No
Annual tax
$2,222 (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 $139,500 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$1,225/mo

Principal and interest
$862
Property tax
$185
Home insurance
$125
Mortgage insurance
$52
Loan amount
$125,550
Cash down
$13,950

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 The Official Ascending Realty, LLC, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Pending) 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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