Active$169,900
2 bd1 ba928 SFSingle-family home
8338 Dallas Highway
Douglasville, GA 30134 · Douglas Hosiery Mill Property · 64 days listed
FMLS #7826313 · Listing Provided By Scott Dasher and Associates · 678-715-3600
Active11 days listed
5031 Oakdale Drive, Douglasville, GA 30135
- 3bd
- 2ba
- 1,304SF
- 0.5ac lot
FMLS #7855667 · Listing Provided By Keller Williams Realty Atl Partners · 404-966-3140 · Listing agent Natalie Bates
About this home
NO BLIND OFFERS- FOUR-SIDED BRICK HOME WITH GREAT RENOVATION POTENTIAL! PRICED TO SELL AT $169,000! Calling all investors, renovators, and buyers looking for an opportunity to build equity! Welcome to 5031 Oakdale Drive in Douglasville, GA! This 3-bedroom, 1.5-bath, four-sided brick home is full of possibilities and ready for someone with the vision to restore it to its full potential! Nestled in an established neighborhood surrounded by many well-maintained homes, this property offers a wonderful opportunity to transform a fixer-upper into something special. Features include a charming front porch, a spacious fenced backyard with plenty of room for outdoor entertaining, and a convenient two-car carport. While the home has experienced significant damage from previous tenants and vandalism, including graffiti on interior walls, it presents an opportunity for the right buyer to renovate, customize, and add value. With thoughtful improvements and updates, this property could become a beautiful primary residence or an attractive investment property. Whether you're an investor searching for your next renovation project, looking to expand your rental portfolio, or a buyer ready to create a home that reflects your personal style, this property is worth exploring! SOLD AS-IS! SELLER WILL ENTERTAIN ALL OFFERS! Cash buyers and buyers utilizing eligible renovation or conventional financing are welcome. Financing is subject to property condition and lender approval. Bring your contractor, your creativity, and your vision! Opportunities like this don't come along every day at this price point. Schedule your showing today and discover the possibilities!
How this list price compares in Douglasville
- List price is 51% below the Douglasville median list price of $344,450 (588 homes).
- Compared with 519 single-family homes in Douglasville: 52% below the median of $355,000.
- List price per square foot is 19% below the Douglasville median of $159/SF.
- All 588 homes for sale in Douglasville, GA.
- 772 homes for sale in Douglas 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
- 1
- Half baths
- 1
- Living area
- 1,304 SF
- Lot size
- 0.5 acres
- Year built
- 1972
- Levels
- One
- Main-level bedrooms
- 3
- Parking
- Carport, Kitchen Level, Level Driveway, Parking Pad
- Style
- Ranch
- Construction
- Brick, Brick 4 Sides
- Roof
- Composition
- Flooring
- Carpet, Laminate, Other
- Heating
- Central, Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Appliances
- Dishwasher, Electric Range
- Lot
- Back Yard, Level
- Community
- Street Lights
- HOA
- No
- Annual tax
- $2,112 (2024)
- County
- Douglas
Assigned schools
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $169,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,409/mo
- Principal and interest
- $1,045
- Property tax
- $176
- Home insurance
- $125
- Mortgage insurance
- $63
- HOA dues
- $0
- Loan amount
- $152,100
- Cash down
- $16,900
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.
Similar homes for sale in Douglasville
Active
Active$159,999
2 bd1 ba768 SFSingle-family home
6057 Hill Street
Douglasville, GA 30134 · Awesome Acres · 82 days listed
FMLS #7817430 · Listing Provided By Keller Williams Realty Atl Partners · 917-741-7065
Active$180,000
3 bd2 ba2,020 SFSingle-family home
6050 Dorsett Shoals Road
Douglasville, GA 30135 · Kings West · 5 days listed
FMLS #7858166 · Listing Provided By Southern Classic Realtors · 678-635-8877
Active$184,900
3 bd2 ba1,370 SFSingle-family home
4161 Partridge Drive
Douglasville, GA 30135 · Quail Nest · 7 days listed
FMLS #7856957 · Listing Provided By Mission Realty Group, LLC · 770-880-6708
Active$150,000
3 bd2 baSingle-family home
4183 Jade Drive
Douglasville, GA 30135 · Autumn Woods · 173 days listed
FMLS #7769399 · Listing Provided By Indigo Road Realty Georgia · 404-876-4901
Active$189,900
3 bd2 ba1,395 SFSingle-family home
3354 Cheoah Drive
Douglasville, GA 30135 · Cherokee Manor · 17 days listed
FMLS #7852360 · Listing Provided By ACC Realty · 404-580-3466
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 GAApartment buildings and complexes for sale across Georgia.
- multifamily investment opportunities in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- churches for saleChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
- commercial properties for sale in GeorgiaOffice, retail, industrial and other commercial buildings.
Investor research and tools
- apartment cap rates in GeorgiaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- NOI for apartment buildingsHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- debt service coverage ratio explainedDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- apartment building loans explainedConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- multifamily cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily investment 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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. ©2026 First Multiple Listing Service, Inc.