Listing provided courtesy of Keller Williams Realty Atl Partners- MLS# 7549945MLS Provider

5169 Covington HighwayDecatur, GA 30035

Single Family · 3 Beds · 2 Full Baths · 2,191 Sq. ft. | 1.40 Acres
$315,000 Active

5169 Covington Highway Overview

Time on Site:
458 days
Visits:
0

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.

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5169 Covington Highway Facts & Features

  • Type Single Family
  • Sq. ft. 2,191
  • Price/Sq.ft. $144
  • Lot 1.40 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: 1959

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: 3829
  • Tax Year: 2023

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 15 161 02 001
  • 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: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 1891
  • Below Grade Finished Area: 0
  • Building Area Source: Public Records
  • Building Area Total: 2191

General Information

  • Accessibility Features: None
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • Basement: Partial, Unfinished
  • Common Walls: No Common Walls
  • Cooling: Central Air
  • Electric: 220 Volts
  • Fireplace Features: Basement, Brick
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Heating: Central
  • Interior Features: Entrance Foyer, High Speed Internet, Other
  • Laundry Features: Common Area, Laundry Room
  • Levels: One and One Half
  • Main Level Bathrooms: 2
  • 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: None
  • Parking Total: 0

Lot Information

  • Land Lot: 0
  • Lot Features: Wooded
  • Lot Size Acres: 1.4
  • Lot Size Dimensions: 0
  • Lot Size Source: Assessor
  • 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: Ranch
  • Construction Materials: Brick, Cedar, Wood Siding
  • Patio And Porch Features: None
  • Property Attached: No
  • Roof: Composition

General Information

  • Exterior Features: None
  • Fencing: Back Yard
  • 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

5169 Covington Highway Neighborhood

Community

30035 (DECATUR) Demographics

34
Median Age
2,682
Population Density (per sq. mile)
35%
College Educated
$42,620
Estimated Median Income
3,804
Estimated Total Home Owners
3,942
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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:
A Guide For Homebuyers

Learn More

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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5169 Covington Highway Market Data

Based on the last 30 days in this zip code

$248,700
Average List Price
$151
Average Price per Square Foot
33
Properties Sold
84
Average Days on Market
273
Properties for Sale
Calculations provided by Reliance Network

5169 Covington Highway History

Date Event Value Agent
8/4/2025Source: FMLS Status Change
Active
7/31/2025Source: FMLS Status Change
Pending
4/11/2025Source: Georgia MLS Status Change
Active
3/28/2025Source: FMLS Added to Database
March 28, 2025
3/28/2025Source: Georgia MLS Added to Database
March 28, 2025

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