Active$85,000
2 bd2 ba1,376 SFCondo
2940 Parc Lorraine
Lithonia, GA 30038 · Fontaine East · 94 days listed
FMLS #7812041 · Listing Provided By EXP Realty, LLC. · 888-959-9461
Active4 days listed
42 Le Parc Fontaine, Lithonia, GA 30038
- 2bd
- 2ba
- 1,376SF
- 0.01ac lot
FMLS #7858772 · Listing Provided By Vickie Lester Realty, LLC · 404-290-2463 · Listing agent Vickie Lester
About this home
MAKE A GOOD OFFER, WE WILL MAKE IT WORK! MOTIVATED SELLER! Beautiful and Affordable. Great location, Convenient to I-20, Schools, Shopping, Restaurants, Libraries and so much more. Shown by appointment only. Tenant occupied. Great for investors looking for immediate income.
How this list price compares in Lithonia
- List price is 66% below the Lithonia median list price of $249,500 (442 homes).
- Compared with 52 condos in Lithonia: 14% below the median of $99,000.
- List price per square foot is 54% below the Lithonia median of $135/SF.
- 2 homes for sale in Fontaine West.
- All 442 homes for sale in Lithonia, 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
- 2
- Full baths
- 2
- Living area
- 1,376 SF
- Lot size
- 0.01 acres
- Year built
- 1971
- Levels
- One
- Main-level bedrooms
- 2
- Parking
- Assigned
- Style
- Contemporary, European, French Provincial
- Construction
- Other
- Roof
- Other
- Flooring
- Ceramic Tile, Marble
- Heating
- Central, Electric
- Cooling
- Ceiling Fan(s), Central Air, Electric
- Fireplaces
- 1
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Lot
- Level
- Community
- Homeowners Assoc, Sidewalks, Street Lights
- HOA
- $260 monthly
- Annual tax
- $1,894 (2025)
- County
- DeKalb
Assigned schools
- HighMartin Luther King Jr
- MiddleSalem
- ElementaryFairington
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $85,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,100/mo
- Principal and interest
- $526
- Property tax
- $158
- Home insurance
- $125
- Mortgage insurance
- $32
- HOA dues
- $260
- Loan amount
- $76,500
- Cash down
- $8,500
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.
Similar homes for sale in Lithonia
Active
Active$85,000
2 bd2 ba1,280 SFCondo
3064 Parc Lorraine
Lithonia, GA 30038 · Fontaine East · 94 days listed
FMLS #7812061 · Listing Provided By EXP Realty, LLC. · 888-959-9461
Active$85,000
2 bd2 ba1,376 SFCondo
3074 Parc Lorraine
Lithonia, GA 30038 · Fontaine East · 94 days listed
FMLS #7812175 · Listing Provided By EXP Realty, LLC. · 888-959-9461
Active$85,000
2 bd2 ba1,376 SFCondo
47 Le Parc Fontaine
Lithonia, GA 30038 · Fontaine · 94 days listed
FMLS #7812389 · Listing Provided By EXP Realty, LLC. · 888-959-9461
Active$85,000
2 bd2 ba1,376 SFCondo
71 Place Fontaine
Lithonia, GA 30038 · Fontaine · 94 days listed
FMLS #7812471 · Listing Provided By EXP Realty, LLC. · 888-959-9461
Active$85,000
2 bd2 ba1,202 SFCondo
1203 Par Three Way
Lithonia, GA 30038 · Fairington Park · 67 days listed
FMLS #7825570 · Listing Provided By 1 Percent Lists Metro Atlanta · 404-561-9399
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 Vickie Lester Realty, LLC, 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 Lithonia?
See the similar homes section on this page, or browse all homes for sale in Lithonia, 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
- Georgia apartment buildings for saleApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- churches for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- commercial properties for sale in GeorgiaOffice, retail, industrial and other commercial buildings.
- churches for sale in AtlantaChurch buildings for sale in Atlanta.
Investor research and tools
- Atlanta apartment cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- net operating income explainedHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- cash-on-cash return guideCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily deal analyzerRent 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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