

5181 Covington HighwayDecatur, GA 30035
Single Family · 3 Beds · 1 Full Bath · 1,264 Sq. ft. | 2.60 Acres5181 Covington Highway Overview
- Time on Site:
- 458 days
- Visits:
- 6
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.
5181 Covington Highway Facts & Features
- Type Single Family
- Sq. ft. 1,264
- Price/Sq.ft. $253
- Lot 2.60 Acres
Details
General
Association/HOA
- Swim Tennis Fee: 0
- Association Fee: 0
- Association Fee 2: 0
- Association: No
School Information
- School Bus Route Elem: No
- School Bus Route High: No
- School Bus Route Middle: No
- Elementary School: Canby Lane
- Middle Or Junior School: Mary McLeod Bethune
- High School: Towers
Green Features
- Green Energy Efficient: None
- Green Energy Generation: None
Building Information
- Year Built: 1935
Location/Region
- County Or Parish: Dekalb - GA
- Subdivision Name: None
Community/Development
- Community Features: None
- Number Of Units In Community: 0
Rent/Lease Information
- Association Rent Restrictions: No
- Land Lease: No
Tax Information
- Tax Annual Amount: 2438
- Tax Year: 2023
General Information
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Parcel Number: 15 161 02 002
- Property Condition: Resale
- Property Sub Type: Single Family Residence
- Property Type: Residential
Unit Information
- Number of Units To Be Built: 0
Interior
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms Total: 1
- Bedrooms Total: 3
Building Interior
- Above Grade Finished Area: 1264
- Below Grade Finished Area: 0
- Building Area Source: Owner
- Building Area Total: 1264
General Information
- Accessibility Features: None
- Appliances: Dishwasher, Gas Water Heater, Microwave
- Basement: None
- Common Walls: No Common Walls
- Cooling: Central Air
- Electric: 220 Volts
- Fireplace Features: None
- Fireplaces Total: 0
- Flooring: Carpet, Ceramic Tile, Hardwood
- Heating: Central
- Interior Features: Entrance Foyer, High Speed Internet, Other
- Laundry Features: Common Area
- Levels: One
- Main Level Bathrooms: 1
- Main Level Half Bathrooms: 0
- Main Level Bedrooms: 3
- Other Equipment: None
- Security Features: None
- Spa Features: None
- Window Features: None
Room Information
- Bedroom Features: None
Exterior
Parking Information
- Parking Features: Parking Pad
- Parking Total: 0
Lot Information
- Land Lot: 0
- Lot Features: Back Yard, Wooded
- Lot Size Acres: 2.6
- Lot Size Dimensions: 0
- Lot Size Source: Owner
- Road Surface Type: Asphalt
- Water Source: Public
Waterfront/View
- Waterfrontage Length: 0
- View: Trees/Woods
- Water Body Name: None
- Waterfront Features: None
Building Exterior/Construction
- Dock: None
- Architectural Style: Bungalow, Cottage
- Construction Materials: Stone
- Patio And Porch Features: None
- Property Attached: No
- Roof: Composition
General Information
- Exterior Features: None
- Fencing: None
- Horse Amenities: None
- Other Structures: None
- Pool Features: None
- Pool Private: No
- Road Frontage Type: Highway
- Sewer: Septic Tank
- Utilities: Cable Available, Electricity Available, Natural Gas Available
5181 Covington Highway Neighborhood
Community
30035 (Decatur) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.Understanding Mortgage Rates:
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5181 Covington Highway Monthly Cost
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5181 Covington Highway History
| Date | Value | Agent |
|---|---|---|
| 4/11/2025Source: Georgia MLS | Active |
|
| 3/28/2025Source: FMLS | March 28, 2025 |
|
| 3/28/2025Source: Georgia MLS | March 28, 2025 |

