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1640 Lakewood Avenue; Atlanta, GA 30315

$175,000

4,757 Sq Ft
6 Bedrooms
4 Bathrooms
On Street
7769559
This Lakewood Heights property is a unique investor opportunity with mixed-use zoning and flexible uses! While it is technically being called a duplex because it is on 2 meters, the setup lives more like a quadraplex with 4 separate units and 6 total rooms. The current layout includes two studio-style apartments with 1 bedroom and 1 bathroom each, plus two additional 2-bedroom, 1-bath style units, giving you multiple ways to create rental income under one roof. The mixed-use zoning is where this property really gets interesting. You can renovate the current setup and hold it as a rental, reconfigure the existing units, explore live/work potential, or look into future commercial, residential, or multi-unit redevelopment options. This is not just a standard residential property. It gives you room to think bigger, especially in a corridor already seeing new construction and redevelopment. Inside, the property has several key pieces already in place, including multiple kitchens, multiple bathrooms, gas ranges, white cabinetry, updated-looking flooring, and flexible rooms that can be used for bedrooms, living areas, office space, or tenant setups. The covered front porch gives the property character, and the lot gives you additional space to work with. Located right on Lakewood Avenue in Lakewood Heights, this property sits close to Lakewood Amphitheatre, The Ron Clark Academy, and major Atlanta routes. With 4 separate units, 2 meters, mixed-use zoning, and strong upside in a growing Atlanta location, this is the kind of property investors look for when they want options. Don’t wait, take a tour today!
Key Facts
  • Style:
  • Year Built: 1940
  • Status: Active
Schools
  • Elementary School: Thomas Heathe Slater
  • Middle School: Judson Price
  • High School: G.W. Carver
Bedrooms
  • Beds Total: 6
Bathrooms
  • Baths Full: 4
  • Baths Half: 0
  • Main Full Baths: 4
  • Master Bath Features: None

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Listing information last updated on September 16, 2026
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