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4002 Phylis Place; Decatur, GA 30035

$290,000

Discover the ultimate blend of classic charm and lucrative potential in this stunning four-sided brick ranch, perfectly situated on a sprawling, private 0.45-acre lot in the heart of the sought-after Pendley Hills community. This isn’t just a home; it’s a versatile investment featuring a rare daylight basement fully equipped with its own private exterior entry, a second kitchen, a full bedroom, and a bathroom—making it the ideal setup for an income-producing rental, a sophisticated in-law suite, or the ultimate guest retreat. Step inside to find a light-filled main level boasting original hardwood floors, an open-concept dining area, and a spacious master suite, all complemented by a cozy stone fireplace that serves as the heart of the home. Beyond the interior, your private oasis awaits in the massive, fenced backyard, featuring a tranquil patio and a fire pit perfect for starlit gatherings. Located just minutes from the I-20 and I-285 corridors, you are effortlessly connected to Downtown Atlanta’s vibrant entertainment scene, premier shopping at The Gallery at South DeKalb, and the serene trails of nearby nature preserves. Whether you are an owner-occupant looking to offset your mortgage or a savvy investor seeking a turnkey gem in a prime Decatur location, this property offers unmatched value and endless possibilities
Key Facts
  • Style:
  • Year Built: 1959
  • Status: Active
Schools
  • Elementary School: Rowland
  • Middle School: Mary McLeod Bethune
  • High School: Towers
Bedrooms
  • Beds Total: 4
Bathrooms
  • Baths Full: 3
  • Baths Half: 0
  • Main Full Baths: 2
  • Master Bath Features: Double Vanity

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Private & Public Schools Nearby

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    Rowland Elementary School

    1317 SOUTH INDIAN CREEK DRIVE; Stone Mountain, GA 30083
    Public PK-5th  |  565 students
    Metro Atlanta School Rank: 1047th
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    Mary McLeod Bethune Middle School

    5200 COVINGTON HWY.; Decatur, GA 30035
    Public 6th-8th  |  858 students
    Metro Atlanta School Rank: 519th
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    Towers High School

    3919 BROOKCREST CIRCLE; Decatur, GA 30032
    Public 9th-12th  |  957 students
    Metro Atlanta School Rank: 382nd

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Listing information last updated on March 4, 2026