541 W Lake Avenue NW
Atlanta, GA, 30318 $ 139,500
Bedrooms3 Baths1.0 Sq 980 Monthly Estimate*
$ 963
for $139,500 with 3 bedrooms and 1 full bath. This 980 square foot home was built in 1940 on a lot size of 0.1517.
Charming Atlanta Bungalow with Endless Potential – Ideal for First-Time Buyers or Investors! Welcome to this charming 3-bedroom, 1-bath home nestled on a level 6,608± sq. ft. lot in one of Atlanta's rapidly growing areas. Blending classic character with everyday functionality, this single-story home offers a comfortable layout that's perfect for first-time homebuyers, downsizers, or savvy investors looking to expand their portfolio. From the inviting front porch to the spacious yard, this property offers plenty of curb appeal and room to make it your own. Inside, you'll find a practical floor plan with a welcoming family room, comfortable bedrooms, and abundant natural light. The level lot provides ample outdoor space for entertaining, gardening, future improvements, or simply enjoying the outdoors. Recent improvements have further enhanced the home, including newly completed landscaping that contributes to an attractive, refreshed exterior, repairs addressing prior moisture-related concerns, and restoration of the previously damaged ceiling area. Conveniently located just minutes from Downtown Atlanta, Westside Park, the BeltLine, Mercedes-Benz Stadium, and major highways, you'll enjoy easy access to shopping, restaurants, schools, parks, and everyday amenities. Whether you're searching for a place to call home or a property with strong rental potential, this home is full of opportunity.
See more
FeaturesGeneralSewer Other
Heating Central
Cooling None
Utilities Cable Available Electricity Available Phone Available
Roof Composition
Appliances Other
Patio/Porch Features Patio
Architectural Style Ranch
Pool Features None
Security Features None
Construction Materials Other
Year Built 1940
Electric Other
View Trees/Woods
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 14 014600020111
Waterfront Features None
Community Features Sidewalks Street Lights
Accessibility None
HOA Fee 2 0
County Fulton - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name Grove Park
Green Energy Generation None
Other Structures None
Full Baths 1
Status Active
Directions See google map for direction.
High School Frederick Douglass
City Atlanta
Body of Water None
Spa Features None
Elementary School Woodson Park Academy
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 2222
Home Warranty Y/N false
Middle/Junior High School John Lewis Invictus Academy/Harper-Archer
Property Condition Resale
Standard Status Active
Freehold IDX
Corporate Owner None
See more
InteriorInterior Amenities Other
Basement None
Flooring Other
Total Fireplaces 1
Fireplace Features Living Room
Common Walls No Common Walls
Window Features None
Half Baths 0
Laundry Features Other
Total Bedrooms 3
Room Type Other
Main Level Bedrooms 3
Main Level Bathrooms 1
Kitchen Features Other
Total Baths 1
Primary Bathroom Features None
Dining Room Features Other
See more
ExteriorExterior Amenities Other
Fencing None
Parking Features Driveway
Lot Features Sloped Wooded
Water Source Public
Foundation Details Brick/Mortar
Building Area Total 980
Lot Dimensions x
Lot Size Acres 0.1517
Road Surface Type Concrete
Lot Size Source Public Records
Road Frontage Type City Street
Other Equipment None
Horse Amenities None
See more
* Excluded FeaturesList ByDung MontillaListing Agent
The Official Ascending Realty, LlcBroker
teamascendingrealty@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $963
- Monthly Property Taxes
- $185
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 Atlanta, GA
Average List Price $738,552
Percent of Sale Price 429%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
3420514 Elementary School
3420547 Middle School
Frederick Douglass High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/14/2026 | $139,500 | -3.46% | Price Down |
| 9/30/2026 | $144,500 | 7.43% | Price Up |
| 8/24/2026 | $134,500 | -3.58% | Price Down |
| 8/3/2026 | $139,500 | -3.46% | Price Down |
| 7/20/2026 | $144,500 | | Listed Price |