Active$49,899
2 bd1 ba1,116 SFCondo
3281 Blazing Pine Knoll Unit B
Decatur, GA 30034 · Tamarack · 26 days listed
FMLS #7847803 · Listing Provided By Century 21 Results · 770-889-6090
Active211 days listed
3506 Sleeping Fawn Knolls, Decatur, GA 30034
- 1bd
- 2ba
- 1,008SF
- 0.02ac lot
FMLS #7743753 · Listing Provided By Keller Williams Realty Atl Partners · 678-668-1376 · Listing agent Lateefa Mosley
About this home
Bring all offers! CASH ONLY! Tenant-occupied for over 5 years paying $925/month This 1-bedroom and 1.5-bathroom unit offers an incredible opportunity for investors or future homeowners. Own for significantly less than the cost of rent or keep it as a high-performing rental generating up to a 20% annual return, truly a cash-flowing asset with no rental restrictions! Enjoy a low condo fee and strong upside potential. Prime location with easy access to Decatur, Atlanta, I-285, I-20, and nearby shopping.
How this list price compares in Decatur
- List price is 82% below the Decatur median list price of $299,000 (934 homes).
- Compared with 110 condos in Decatur: 72% below the median of $200,000.
- List price per square foot is 71% below the Decatur median of $188/SF.
- 3 homes for sale in Tamarack.
- All 934 homes for sale in Decatur, GA.
- 3,375 homes for sale in DeKalb 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
- Condo
- Status
- Active
- Bedrooms
- 1
- Full baths
- 1
- Half baths
- 1
- Living area
- 1,008 SF
- Lot size
- 0.02 acres
- Year built
- 1974
- Levels
- Two
- Main-level bedrooms
- 0
- Style
- Mid-Century Modern, Modern, Other
- Construction
- Cedar, Wood Siding
- Roof
- Other
- Flooring
- Other
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
- Appliances
- Dishwasher
- Lot
- Other
- Community
- Homeowners Assoc
- HOA
- Yes
- Annual tax
- $1,399 (2024)
- County
- DeKalb
Assigned schools
- HighCedar Grove
- MiddleCedar Grove
- ElementaryOak View - DeKalb
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $55,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$602/mo
- Principal and interest
- $340
- Property tax
- $117
- Home insurance
- $125
- Mortgage insurance
- $21
- HOA dues
- $0
- Loan amount
- $49,500
- Cash down
- $5,500
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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FMLS #7827323 · Listing Provided By Keller Williams Realty Partners · 678-494-0644
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 Keller Williams Realty Atl Partners, 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 Decatur?
See the similar homes section on this page, or browse all homes for sale in Decatur, 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.
Other property types for sale
- apartment complex for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- church for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in DecaturApartment buildings for sale in Decatur, GA.
- Georgia land and acreage for saleAcreage, lots and development land.
Investor research and tools
- what cap rate Atlanta apartments list atMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- how to calculate NOI on an apartment buildingHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR explained for multifamilyDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- cash-on-cash return explainedCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- capitalization rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- cash-on-cash return calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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