5181 Covington Highway

5181 Covington Highway, Decatur, GA 30035

For Sale
MLS Number 10488862
3 Bedrooms
1 Bathrooms
0 Half Baths
Square Footage - 1,264 *estimated
Exceptional Multi-Property Investment Opportunity - Prime Assemblage on Covington Highway Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic location just minutes from Highway 285 ensures excellent connectivity and long-term value growth. Property Breakdown: Lot 1:A spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet of finished living space, plus an additional 391 square foot unfinished basement-perfect for customization or expansion. The home sits on a generously sized 0.66-acre lot, offering ample yard space and privacy. Lot 2:A charming 3-bedroom, 2-bathroom residence featuring 1,891 square feet of interior space, along with a 300 square foot unfinished basement. Set on a substantial 1.39-acre lot, this property offers both comfort and future development potential. Lot 3:A cozy 3-bedroom, 1-bathroom home offering 1,264 square feet of living area, situated on a sprawling 2.57-acre lot. Ideal for personal use, rental income, or as a candidate for redevelopment. Total Combined Acreage: 4.62 Acres With a flexible layout and diverse structures, this assemblage offers multiple paths for return on investment: Renovate and lease existing residences Develop a boutique housing enclave Subdivide and sell parcels individually Hold for long-term appreciation in a rapidly developing corridor Key Highlights: Prime location on Covington Highway Easy access to major thoroughfares, especially I-285 Approximately 40 feet of road frontage Flexible zoning potential (buyer to verify) Seller is open to offers on individual lots-see additional listings #10488862 and #10488863 for separate details. This is a compelling acquisition for investors, developers, or visionaries seeking a strategically located, multi-parcel property with excellent upside potential.
County
Neighborhood
Year Built
1935
Lot Size
2 to 5 Acres
Taxes
$2,438
High School
Middle School
Elementary School
Appliances
Dishwasher,Gas Water Heater,Microwave,Oven/Range (Combo)
Architectural Style
Bungalow/Cottage
Association
No
Foundation
Slab
Construction Materials
Stone
Cooling
Central Air
Flooring
Carpet,Hardwood,Tile
Heating
Central
Home Warranty
No
Laundry Features
Common Area
Levels
One
Financing Available
Cash,Conventional,FHA,VA Loan
Lot Features
None
Lot Size Estimated
2.6
Tax ID Number
15 161 02 002
Parking Features
Parking Pad
Selling Status
Resale
Roof
Composition
Rooms
Family Room,Foyer
Sewer Type
Septic Tank
Listing Conditions
As Is,No Disclosure
Total Finished Area
1,264
Utilities
Cable Available,Electricity Available,High Speed Internet,Natural Gas Available
Water Source
Public
5181 Covington Highway - Map & Directions
view in Google Maps
I75/85 S to I20 E, Exit 247 toward Augusta. Take Exit 67, I285 N toward Greenville. Take Exit 44, Glenwood Rd Exit. Turn R onto Glenwood Rd. Turn R onto Covington Hwy. Property on R.
Summary of 5181 Covington Highway
5181 Covington Highway is a 1,264 (*estimated) square foot home with 3 bedrooms and 1 bathrooms located in Decatur GA, DeKalb County. This property is listed for sale at $320,000 and is currently active and accepting offers.
listed by real estate agent kimberly branch and courtesy of keller williams realty atl. partners
Brad Huber
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404-405-7027
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Our Financing Partner
Dalton Carter
Lender
Lic. 1566538
Office:
Direct: 678-425-4140
AP Mortgage
340 Jesse Jewell Parkway
Suite 500A
Gainesville, GA 30501
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