537 W Lake Avenue NW Atlanta, GA $ 649,900
537 W Lake Avenue NW
$ 649,900
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537 W Lake Avenue NW

Atlanta, GA, 30318
$ 649,900
Baths0.0

Monthly Estimate*

$ 4,104

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Studio

Multi-Family Home for sale in Atlanta, GA

for $649,900. This home was built in 1935 on a lot size of 0.287.

Exceptional investment opportunity featuring three separate living spaces, all currently operating as successful Airbnb/short-term rentals. The main upper residence offers 3 bedrooms, 1 full bath, and a bright open-concept living room and kitchen with granite countertops, stainless steel appliances, a large center island, and modern cabinetry. The finished lower level includes a private 2-bedroom, 1-bath living space with its own kitchen, living area, laundry, and separate entrance. A detached accessory dwelling unit (ADU) provides an additional 1-bedroom, 1-bath residence, creating three income-producing units on one property. Ideal for investors seeking a turnkey short-term rental portfolio or those looking for a versatile multi-unit property. Conveniently located just minutes from Downtown Atlanta with quick access to major interstates, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.

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Multi-Family Active

Price

$ 649,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,382

Style

Lot Size

0.287

Year Built

1935

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10807039

Features
General
Sewer Septic Tank
Heating Other
Cooling Other
Utilities Other
HOA Fee 0
Association Fee Includes None
Construction Materials Block Vinyl Siding
Year Built 1935
Levels Two
Property Subtype Multi Family Duplex
Tax Year 2025
Gross Income 0
Community Features None
County Fulton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name None
Garage Y/N false
Status New
Directions GPS
High School Douglass
City Atlanta
Body of Water None
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 12501.72
Carport Y/N false
Elementary School Woodson
Tax Annual Amount 5382
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Harper Archer
Property Condition Resale
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement Finished Full
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Off Street
Water Source Public
Total Parking 4
Lot Size Area 12501.72
Lot Size Acres 0.287
Lot Size Source Public Records
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* Excluded Features

Affordability Calculator

$4,552
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$449
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4136273 Elementary School
4135901 Middle School
Douglass High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$649,900 Listed Price

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537 W Lake Avenue NW, Atlanta, GA, 30318 is a Multi-Family Home for sale at $649,900 with a lot size of 0.287. 537 W Lake Avenue NW is a studio with 0.0 baths and was built in 1935. The property's zip code is 30318 which is in Atlanta, GA