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$320,000

Listing Price

3beds

1baths

1,264sqft

111,949sqft lot

5181 Covington Hwy, Decatur, GA 30035

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

253.16

Price / sqft

1935

Year built

Home Details

Exceptional Multi-Property Investment Opportunity Prime Assemblage on Covington HighwaynnSeize 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.nnProperty Breakdown:nnLot 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.nnLot 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.nnLot 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.nnTotal Combined Acreage: 4.62 AcresnnWith a flexible layout and diverse structures, this assemblage offers multiple paths for return o

Interior Details

Square Feet
  • 1264

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 111949

Water
  • No

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Traditional/old

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,457

$11,560

$14,520

--%

$26,080

2019

$1,218

$11,560

$9,080

--%

$20,640

2017

$1,148

$11,560

$6,960

--%

$18,520

2017

$1,148

$11,560

$6,760

--%

$18,320

2016

$1,067

$11,560

$5,520

--%

$17,080

2014

$907

$11,600

$1,520

--%

$13,120

2013

$453

$11,600

$1,520

--%

$13,120

2012

$908

$11,600

$1,520

--%

$13,120

percent-home-icon

Average Home Price in 30035

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$158,500

3 Beds

1 Baths

1,149 Sqft

78,408 Lot (sqft)

Sold 09/29/2026

$225,000

4 Beds

2 Baths

1,267 Sqft

24,394 Lot (sqft)

Sold 10/13/2026

$219,900

3 Beds

2 Baths

1,144 Sqft

33,977 Lot (sqft)

Sold 10/12/2026

$259,999

3 Beds

1.5 Baths

1,388 Sqft

32,234 Lot (sqft)

Sold 10/13/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
320,000
$
Down payment
64,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,920
$
HOA (Monthly)
0
$
PMI
0
$
$2,071
Your Payment
Total Monthly Payment:$2,071
Percent of Income:36%
Affordable:No

Details for 5181 COVINGTON HWY

Property Debt

Foreclosure Contact Details