Skip main navigation
Active
    • $350,000

    5159 Covington Hwy, Decatur, GA 30035

    4beds
    2,748sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1964
    0.7 Acres Lot
    $337,100 Zestimate®
    $127/sqft
    $-- HOA

    What's special

    Exceptional Multi-Property Investment Opportunity – Prime Assemblage on Covington Highway Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic location just minutes from Highway 285 ensures excellent connectivity and long-term value growth. Property Breakdown: Lot 1:A spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet of finished living space, plus an additional 391 square foot unfinished basement—perfect for customization or expansion. The home sits on a generously sized 0.66-acre lot, offering ample yard space and privacy. Lot 2:A charming 3-bedroom, 2-bathroom residence featuring 1,891 square feet of interior space, along with a 300 square foot unfinished basement. Set on a substantial 1.39-acre lot, this property offers both comfort and future development potential. Lot 3:A cozy 3-bedroom, 1-bathroom home offering 1,264 square feet of living area, situated on a sprawling 2.57-acre lot. Ideal for personal use, rental income, or as a candidate for redevelopment. Total Combined Acreage: 4.62 Acres With a flexible layout and diverse structures, this assemblage offers multiple paths for return on investment: Renovate and lease existing residences Develop a boutique housing enclave Subdivide and sell parcels individually Hold for long-term appreciation in a rapidly developing corridor Key Highlights: Prime location on Covington Highway Easy access to major thoroughfares, especially I-285 Approximately 40 feet of road frontage Flexible zoning potential (buyer to verify) Seller is open to offers on individual lots—see additional listings #10488862 and #10488863 for separate details. This is a compelling acquisition for investors, developers, or visionaries seeking a strategically located, multi-parcel property with excellent upside potential.
    464 days
    |
    73
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    KIMBERLY D BRANCH,

    Keller Williams Realty Atl Partners 678-252-1900,

    ERIC RENDER,

    Keller Williams Realty Atl Partners

    Source: FMLS GA,MLS#: 7549947MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 3
      • Main level bedrooms: 4
      Rooms
      • Room types: Family Room, Laundry
      Primary bedroom
      • Features: In-Law Floorplan
      • Level: In-Law Floorplan
      Bedroom
      • Features: In-Law Floorplan
      Primary bathroom
      • Features: None
      Dining room
      • Features: None
      Kitchen
      • Features: Breakfast Bar
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Gas Water Heater, Microwave, Refrigerator
      • Laundry: Laundry Room, Other
      Features
      • High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet
      • Flooring: Carpet, Hardwood, Laminate
      • Windows: None
      • Basement: Partial
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,748
      • Total interior livable area: 2,748 sqft
      • Finished area above ground: 2,357
      • Finished area below ground: 98
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport
      • Carport spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1
      • Patio & porch: Covered
      • Exterior features: None, No Dock
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: Trees/Woods
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 0.7 Acres
      • Features: Back Yard, Wooded
      Details
      • Additional structures: None
      • Parcel number: 15 162 05 020
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick, Brick 4 Sides
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: Street Lights
      • Security: Carbon Monoxide Detector(s), Fire Alarm, Security System Leased, Security System Owned, Smoke Detector(s)
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Decatur

      Financial & listing details

      • Price per square foot: $127/sqft
      • Tax assessed value: $247,200
      • Annual tax amount: $4,330
      • Date on market: 3/22/2025
      • Cumulative days on market: 464 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $337,100

        $320,000 - $354,000

        $2,333/mo

        Price history

        DateEventPrice
        3/29/2025Listed for sale$350,000+439.3%$127/sqft
        Source: FMLS GA #7549947 Report a problem
        6/10/2014Listing removed$64,900$24/sqft
        Source: KELLER WILLIAMS REALTY ATLANTA MIDTOWN #5231155 Report a problem
        1/25/2014Pending sale$64,900-11.1%$24/sqft
        Source: KELLER WILLIAMS REALTY ATLANTA MIDTOWN #5231155 Report a problem
        1/24/2014Sold$73,000+12.5%$27/sqft
        Source: FMLS GA #5231155 Report a problem
        12/19/2013Listed for sale$64,900-10.5%$24/sqft
        Source: KELLER WILLIAMS REALTY ATLANTA MIDTOWN #5231155 Report a problem
        3/11/2011Listing removed$72,500$26/sqft
        Source: isNowListed.com Report a problem
        1/31/2011Price change$72,500-60.4%$26/sqft
        Source: Fannie Mae Report a problem
        1/23/2011Listed for sale--
        Source: foreclosure.com Report a problem
        12/24/2009Sold$183,280-23.6%$67/sqft
        Source: Public Record Report a problem
        12/3/2002Sold$240,000+169.7%$87/sqft
        Source: Public Record Report a problem
        4/22/1997Sold$89,000$32/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,745 +0%$98,880
        2024$4,743 -8.2%$98,880 -9.9%
        2023$5,166 +110.3%$109,720 +124.7%
        2022$2,457 $48,840
        2021$2,457 $48,840
        2020$2,457 -13.4%$48,840 -15%
        2019$2,836 +11.5%$57,480 +13.4%
        2018$2,542 -7.6%$50,680 -5.7%
        2017$2,752 +20.1%$53,760 +20.1%
        2016$2,291 $44,760 +413.3%
        2014$2,291 $8,720
        2013-- $8,720
        2012-- $8,720 -50.1%
        2011-- $17,472 -63.9%
        2010$2,255 -5.6%$48,440
        2009$2,390 -17.7%$48,440 -26.6%
        2008$2,905 0%$65,960
        2007$2,905 $65,960
        2006$2,905 +0.1%$65,960
        2005$2,901 $65,960
        2004$2,901 -4.4%$65,960 -8.9%
        2003$3,035 +20%$72,400 +18.8%
        2002$2,530 +11.4%$60,960
        2001$2,271 $60,960

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 30035

        Getting around

        36 / 100
        Some Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Canby Lane
        • Middle: Mary McLeod Bethune
        • High: Towers

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        Skip to the end of the carouselSkip to the beginning of the carousel

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Decatur Topics

                Search
                Updates
                Favorites
                Home Loans
                Inbox