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Active21 days listed

540 Parker Avenue SE, Decatur, GA 30032

  • 2bd
  • 1ba
  • 1,080SF
  • 0.17ac lot

Single-family homeEast Lake Terrace 04

List price

$279,900

$259/SF list

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FMLS IDXFMLS #7850288 · Listing Provided By The Agency Atlanta Metro · 470-990-4414 · Listing agent John Andersen

Location

540 Parker Avenue SE, Decatur GA 30032

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About this home

Welcome to 540 Parker Avenue, a classic 1940s bungalow offering an increasingly hard-to-find opportunity for affordable intown living in East Lake Terrace. With 2 bedrooms, 1 bath and approximately 1,080 square feet, this charming home combines original character with plenty of potential to make it your own. Inside, hardwood floors, a fireplace, built-in bookcases and a separate dining area reflect the home’s original character, while the sunroom provides additional flexible space for a home office, reading room or casual retreat. The single-level floor plan is comfortable and functional, and the approximately .20-acre lot offers room to enjoy the outdoors, garden or explore future possibilities. Move in and enjoy the home as it is, renovate over time, or bring your vision and take advantage of the continued investment and new construction occurring throughout the surrounding area. The location may be the real standout. East Lake Terrace puts you just minutes from East Lake Golf Club and within easy reach of Kirkwood, Oakhurst, Downtown Decatur, East Atlanta Village and the shops and restaurants along Glenwood Avenue. Convenient access to I-20 makes getting to Downtown Atlanta and other intown destinations easy. Whether you’re searching for your first home, an intown alternative to higher-priced neighboring communities, or a property with room for future improvements, 540 Parker Avenue offers character, location and opportunity in one of Decatur’s most convenient intown settings.

How this list price compares in Decatur

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
2
Full baths
1
Living area
1,080 SF
Lot size
0.17 acres
Year built
1945
Levels
One
Main-level bedrooms
2
Parking
On Street, Driveway, Level Driveway
Basement
Crawl Space, Other
Style
Bungalow
Construction
Other
Roof
Other
Flooring
Hardwood, Other
Heating
Central, Natural Gas, Other
Cooling
Central Air, Electric, Other
Fireplaces
1
Appliances
Dishwasher, Dryer, Electric Cooktop, Gas Oven, Gas Range, Refrigerator
Lot
Other, Back Yard, Front Yard
HOA
No
Annual tax
$4,784 (2025)
County
DeKalb

Assigned schools

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

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $279,900 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$2,359/mo

Principal and interest
$1,730
Property tax
$399
Home insurance
$125
Mortgage insurance
$105
Loan amount
$251,910
Cash down
$27,990

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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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 Agency Atlanta Metro, 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.

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