Active$202,900
5 bd3 ba1,516 SFSingle-family home
5535 Downs Way
Lithonia, GA 30058 · Panola Downs · 46 days listed
FMLS #7836406 · Listing Provided By Mainstay Brokerage LLC · 800-583-2914
Active4 days listed
780 Shore Drive, Lithonia, GA 30058
- 3bd
- 2ba
- 1,382SF
- 0.21ac lot
FMLS #7858491 · Listing Provided By HomeSold GA, LLC · 770-668-4888 · Listing agent Debra Moon
About this home
Great opportunity for investor. Fixer-upper. Needs work. HVAC 4 year old, Roof less than 10 years old, New doublepane windows, New Gas Stove, New Water Heater, New Garage Door and New Fence. Corner Lot. Level lot.
How this list price compares in Lithonia
- List price is 20% below the Lithonia median list price of $249,500 (442 homes).
- Compared with 271 single-family homes in Lithonia: 27% below the median of $275,000.
- List price per square foot is 7% above the Lithonia median of $135/SF.
- 2 homes for sale in Lakeshore.
- 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
- Single-family home
- Status
- Active
- Bedrooms
- 3
- Full baths
- 2
- Living area
- 1,382 SF
- Lot size
- 0.21 acres
- Year built
- 1992
- Levels
- Three Or More
- Main-level bedrooms
- 0
- Garage spaces
- 1
- Parking
- Attached, Garage, Garage Faces Front
- Style
- Other
- Construction
- Frame
- Roof
- Composition
- Flooring
- Wood
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Fireplaces
- 1
- Appliances
- Gas Range
- Lot
- Back Yard, Corner Lot, Front Yard
- HOA
- $725 annually
- Annual tax
- $2,412 (2025)
- County
- DeKalb
Assigned schools
- HighStephenson
- MiddleStephenson
- ElementaryPrinceton
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $200,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,697/mo
- Principal and interest
- $1,236
- Property tax
- $201
- Home insurance
- $125
- Mortgage insurance
- $75
- HOA dues
- $60
- Loan amount
- $180,000
- Cash down
- $20,000
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$204,900
3 bd2 ba1,540 SFSingle-family home
6783 Arabian Terrace
Lithonia, GA 30038 · Arabian Woods · 56 days listed
FMLS #7830697 · Listing Provided By Call It Closed International Inc. · 407-338-3339
Active$205,000
4 bd2 ba1,170 SFSingle-family home
5666 Marbut Road
Lithonia, GA 30058 · Ridgefield West · 124 days listed
FMLS #7794962 · Listing Provided By Unlock Realty Group · info@unlockrealtygroup.com
Active$195,000
3 bd2 baSingle-family home
4270 Klondike Road
Lithonia, GA 30038 · 117 days listed
FMLS #7798583 · Listing Provided By Signature Realty Services, Inc · 770-560-4356
Active$195,000
3 bd2 ba1,527 SFSingle-family home
4608 Latchwood Drive
Lithonia, GA 30038 · Gatewood · 43 days listed
FMLS #7837562 · Listing Provided By Sanders RE, LLC · 678-888-3438
Active$192,000
3 bd2 ba1,440 SFSingle-family home
6568 Eastbriar Drive
Lithonia, GA 30058 · Laurel Post Close · 19 days listed
FMLS #7851656 · Listing Provided By Engel & Volkers Atlanta · 404-845-7724
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 HomeSold GA, 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
- apartment buildings for sale in GAApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- church buildings for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment complex for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
- commercial real estate 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.
- multifamily NOI guideHow 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 on apartment buildingsCash-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.
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.