5347 Lacey Avenue
Morrow, GA, 30260 $ 145,000
Bedrooms2 Baths1.0 Sq 1,075 Monthly Estimate*
$ 893
for $145,000 with 2 bedrooms and 1 full bath. This 1,075 square foot home was built in 1968 on a lot size of 0.241.
You’ve been considering developing. This is your opportunity. You need a spacious lot that is suitable for both business and personal. Look no further. You’ve been looking for a residential lot with strong agricultural and homestead potential. You’re in luck. You have just come across one of the strongest infill opportunities in the city and it wasn’t by mistake. Welcome to 5347 Lacey Ave. What makes this opportunity strategic and unique is that this 2 bed, 1 bath home, on approximately a quarter acre can be acquired individually for $145,000 as a rehab or redevelopment opportunity, or better yet, you have the option to purchase all 4 parcels combined for $249,000, unlocking the full potential of the 1.5 acre site. Whether you’re looking to build multiple homes, create a long-term investment hold, or position yourself for future commercial use, this site gives you options. Positioned at the end of a dead-end street, the property benefits from limited traffic and added privacy, while still maintaining strong accessibility. It also features dual road frontage, giving you flexibility with layout, access points, and future development potential. Perhaps you’re not familiar with the area, so here’s what you need to know. You’re minutes from Hartsfield-Jackson International Airport, roughly 15 minutes from downtown Atlanta, and surrounded by major interstates including I-75 and I-285, making connectivity seamless. The area continues to see steady growth with nearby residential and commercial development, positioning this as a smart long-term play. Even more important, there is rezoning potential to commercial use, which adds another layer of upside for investors looking to maximize the highest and best use of the land.With ARV per newly constructed home estimated around $240,000, this creates a potential revenue of up to $960,000. The pricing has been strategically positioned to allow for builder margin while still offering immediate upside. Opportunities like this with subdivision potential, dual road frontage, and future rezoning upside are becoming increasingly difficult to find in this market.
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FeaturesGeneralSewer Septic Tank
Heating Other
Cooling Other
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Roof Other
Appliances Other
Patio/Porch Features None
Architectural Style Ranch
Pool Features None
Security Features Security Gate
Construction Materials Other
Year Built 1968
Electric None
View Neighborhood Rural Trees/Woods
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 12179D A009
Waterfront Features None
Community Features None
Accessibility Accessible Bedroom
HOA Fee 2 0
County Clayton - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name Moore H G
Green Energy Generation None
Other Structures Barn(s)
Full Baths 1
Status Active
Directions Waze and Gps. Drive to the end of the dead-end road
High School Morrow
City Morrow
Body of Water None
Spa Features None
Elementary School Morrow
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 640
Home Warranty Y/N false
Middle/Junior High School Morrow
Property Condition Fixer
Standard Status Active
Freehold IDX
Corporate Owner None
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InteriorInterior Amenities Other
Basement None
Flooring Other
Total Fireplaces 1
Fireplace Features None
Common Walls No Common Walls
Window Features None
Half Baths 0
Laundry Features None
Total Bedrooms 2
Room Type Den
Main Level Bedrooms 2
Main Level Bathrooms 1
Kitchen Features None
Total Baths 1
Primary Bathroom Features None
Dining Room Features None
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ExteriorExterior Amenities Private Entrance Private Yard
Fencing Front Yard
Parking Features None
Lot Features Back Yard Corner Lot Private
Water Source Public
Total Parking 9
Foundation Details Raised
Building Area Total 1075
Lot Dimensions 150 x 70
Lot Size Acres 0.241
Road Surface Type None
Lot Size Source Public Records
Road Frontage Type Other
Other Equipment None
Horse Amenities None
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* Excluded FeaturesList ByTaylor IngramListing Agent
Keller Williams Realty Atl NorthBroker
taylor.ingram@kw.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $893
- Monthly Property Taxes
- $53
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Morrow, GA
Average List Price $248,927
Percent of Sale Price 72%
About Morrow, GA 7,237 Population
12% Since 2002
$ 41,036 Median Income
33.33 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4134984 Elementary School
4136687 Middle School
Morrow High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/24/2026 | $145,000 | 90,525.00% | Price Up |
| 3/24/2026 | $160 | | Listed Price |