5347 Lacey Avenue
Morrow, GA, 30260 $ 145,000
Bedrooms2 Baths1.0 Monthly Estimate*
$ 893
for $145,000 with 2 bedrooms and 1 full bath. This 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 $210,000, 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.
See more
FeaturesGeneralSewer Septic Tank
Heating Other
Cooling Electric Gas Other Window Unit(s)
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Roof Other
Appliances Other
HOA Fee 0
Association Fee Includes None
Architectural Style Ranch
Security Features Gated Community
Construction Materials Other
Year Built 1968
View City Seasonal View Valley
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features No Dock Or Boathouse
Community Features None
County Clayton
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Moore H G
Garage Y/N false
Other Structures Barn(s)
Full Baths 1
Status New
Directions Waze and Gps. Drive to the end of the dead-end road
High School Morrow
City Morrow
Body of Water None
Lot Size Units Square Feet
Lot Size Square Feet 10497.96
Carport Y/N false
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
Structure Type Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
See more
InteriorInterior Amenities Other
Basement None
Flooring Other
Total Fireplaces 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 0
Half Baths 0
Laundry Features None
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
See more
ExteriorVegetation Cleared Grassed Partially Wooded
Fencing Front Yard
Parking Features None
Lot Features Corner Lot Private
Water Source Public
Total Parking 9
Lot Size Area 10497.96
Building Area Total 0
Lot Size Acres 0.241
Lot Size Source Public Records
Waterfront Y/N false
See more
* Excluded FeaturesList ByKeller Williams Realty Atlanta 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 $246,616
Percent of Sale Price 70%
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 | | Listed Price |