2494 Lester Street Atlanta, GA $ 479,000
2494 Lester Street
$ 479,000
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2494 Lester Street

Atlanta, GA, 30344
$ 479,000
Baths0.0

Monthly Estimate*

$ 3,024

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Studio

Multi-Family Home for sale in Atlanta, GA

for $479,000. This home was built in 1930 on a lot size of 0.257.

Rare THREE-UNIT Investment Opportunity offering TWO SEPARATE RESIDENCES and multiple streams of rental income in the heart of East Point's growing Semmes Park community! Ideal for investors looking to expand their portfolio, house hackers, or buyers seeking a flexible income-producing property, this unique setup includes a main residence plus a separate two-story rear residence with two additional units. The main residence offers approximately 1,225 square feet with 3 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. Tucked behind the main home, the rear residence features two separate 2-bedroom, 1-bathroom units, each approximately 800 square feet. The upper unit is currently leased, while the lower unit is vacant and features an open living and kitchen area, two bedrooms, a full bathroom, updated flooring, and fresh neutral paint giving the next owner the opportunity to place a tenant and further maximize the property's income potential. With two income-producing units already in place and a third unit ready for its next occupant, this property offers a compelling combination of existing cash flow and additional upside. Seller is also offering a separate three-unit investment property at 3181 Church Street and is open to selling both properties together, creating a unique opportunity for investors looking to acquire multiple income-producing properties. Located in one of Metro Atlanta's fastest-growing areas, enjoy easy access to East Point's revitalized Downtown District with local restaurants, shops, and MARTA, while being just minutes from Downtown Atlanta, Midtown, Hartsfield-Jackson International Airport, Tyler Perry Studios, and major highways.

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Multi-Family Active

Price

$ 479,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,815

Style

Lot Size

0.257

Year Built

1930

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7820730

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Other
Roof Composition
Security Features None
Construction Materials Other
Year Built 1930
View City Other
Levels Two
Property Subtype Triplex
Tax Year 2025
Gross Income 0
Waterfront Features None
Community Features Near Public Transport Near Schools Near Shopping Near Trails/Greenway Restaurant Other
Accessibility None
County Fulton - GA
Net Operating Income 0
Operating Expense 0
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name Semmes Park
Green Energy Generation None
Status Active
Directions Please use GPS.
High School Tri-Cities
City Atlanta
Body of Water None
Number Of Units Total 3
Elementary School Hamilton E. Holmes
Property Attached Y/N false
Tax Annual Amount 4815
Home Warranty Y/N false
Middle/Junior High School Paul D. West
Property Condition Resale
Standard Status Active
Cap Rate 0
Freehold IDX
Corporate Owner None
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Interior
Furnished Y/N Unfurnished
Window Features None
Total Baths 0
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Exterior
Fencing None
Parking Features Driveway Level Driveway
Lot Features Level
Water Source Public
Total Parking 4
Lot Dimensions 46x229x46x227
Lot Size Acres 0.257
Lot Size Source Public Records
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* Excluded Features
List By
The Justin Landis Group

Listing Agent

Bolst, Inc.

Broker

info@justinlandisgroup.com

Email

Affordability Calculator

$3,426
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,024
Monthly Property Taxes
$401
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
1927553 Elementary School
1929294 Middle School
Tri-Cities High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$479,000 Listed Price

Map


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2494 Lester Street, Atlanta, GA, 30344 is a Multi-Family Home for sale at $479,000 with a lot size of 0.257. 2494 Lester Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 30344 which is in Atlanta, GA