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2464 East Tupelo Street; Atlanta, GA 30317

$849,000

3,192 Sq Ft
4 Bedrooms
3 Bathrooms
Carport
7258428
You could build your dream house right here on this rare huge intown lot of 1.6 acres. Owner lives in this house now. Perfect investment opportunity for someone that wants to live in or rent out this house & eventually develop the land OR just hold it & eventually sell this 1.6 acre land tract of potentially (5) five contiguous R-75 lots to a developer for a nice profit. Bring your developers!! Rare intown development opportunity of multiple contiguous units with even more land assemblage possibilities!! This is a wonderful redevelopment opportunity for much higher density, high end, in-town housing. NO REZONING REQUIRED in order to do a "Subdivision Re-plat" for five (5) R-75 lots here. PRICED AT JUST $180k PER LOT !!! Ideally located in unincorporated Deklab County just outside City of Atlanta limits and near East lake & City of Decatur. New Construction houses will sell in the mid 700's - plenty of comps to support this. Great area just north-east of Memorial Drive & Candler Road. See photos for survey, road concept plan, aerial, plat, topo map, zoning map, & R-75 zoning regulations. Possible assemblage opportunities here as well for an even larger development.
Key Facts
  • Style:
  • Year Built: 1962
  • Status: Active
Schools
  • Elementary School: Avondale
  • Middle School: Druid Hills
  • High School: Druid Hills
Bedrooms
  • Beds Total: 4
Bathrooms
  • Baths Full: 3
  • Baths Half: 0
  • Main Full Baths: 3
  • Master Bath Features: Other

Learn more about this property...

Private & Public Schools Nearby

  • 4 / 5
    Above
    Avg

    Museum School Avondale Estates
    3191 Covington Hwy; Avondale Estates, GA 30002
    Charter KG-8th  |  566 students
    Metro Atlanta School Rank: 133rd
  • 1 / 5
    Below
    Avg

    Avondale Elementary School
    10 LAKESHORE DRIVE; Avondale Estates, GA 30002
    Public PK-5th  |  503 students
    Metro Atlanta School Rank: 975th
  • 3 / 5
    Average

    Druid Hills Middle School
    3100 MOUNT OLIVE DRIVE; Decatur, GA 30033
    Public 6th-8th  |  929 students
    Metro Atlanta School Rank: 207th
  • 3 / 5
    Average

    Druid Hills High School
    1798 HAYGOOD DRIVE, NE; Atlanta, GA 30307
    Public 9th-12th  |  1,312 students
    Metro Atlanta School Rank: 140th

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Listing Provided Courtesy Of: Hammontree Realty, LLC.
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Listing information last updated on November 12, 2024
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