2494 Lester Street
Atlanta, GA, 30344 $ 479,000
Bedrooms7 Baths3.0 Sq 2,825 Monthly Estimate*
$ 3,024
for $479,000 with 7 bedrooms and 3 full baths. This 2,825 square foot home was built in 1930 on a lot size of 0.257.
Rare 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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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities High Speed Internet
Roof Composition
Appliances Dishwasher
HOA Fee 0
Association Fee Includes None
Patio/Porch Features Porch
Architectural Style Craftsman Other
Construction Materials Other
Year Built 1930
View City
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Community Features Near Public Transport Walk To Schools Near Shopping
County Fulton
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Semmes Park
Garage Y/N false
Full Baths 3
Status New
Directions Please use GPS.
High School Tri Cities
City Atlanta
Body of Water None
Lot Size Units Square Feet
Lot Size Square Feet 11194.92
Carport Y/N false
Elementary School Hamilton Holmes
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 4815
Home Warranty Y/N false
Middle/Junior High School Paul D West
Property Condition Resale
Structure Type House Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorInterior Amenities Master On Main Level Roommate Plan
Basement None
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Family Room
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 2825
Half Baths 0
Laundry Features Other
Total Bedrooms 7
Below Grade Finished Area 0
Main Level Bedrooms 3
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Kitchen Features Breakfast Area Pantry
Total Baths 3
Dining Room Features Separate Room
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ExteriorParking Features Kitchen Level
Lot Features Level
Water Source Public
Total Parking 4
Lot Size Area 11194.92
Foundation Details Slab
Building Area Total 2825
Lot Size Acres 0.257
Lot Size Source Public Records
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* Excluded FeaturesAffordability Calculator
- 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.
Learn more about how to save NearbySingle family listings in Atlanta, GA
Average List Price $750,675
Percent of Sale Price 57%
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.
4134115 Elementary School
4133274 Middle School
Tri Cities High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/21/2026 | $479,000 | | Listed Price |