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Residential > House
Active
03/22/2025
List Price
$315,000$167/ft²

5169 Covington Hwy
Decatur, GA 30035

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  • Malobo BannerMalobo Banner Square
    5169 Covington Hwy, Decatur, GA 30035 is a 3 bed, 2 bath, 1,891 ft² house built in 1959 on a 1.400 acre lot with 4 construction permits. This house is currently for sale for $315,000. The latest TopHap estimate of the house's value is $263,965.

    Property Valuations

    Latest estimates for 5169 Covington Hwy based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    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.

    Listing Agents

    The listing agent for 5169 Covington Hwy is Kimberly Branch.

    Permits

    5169 Covington Hwy has 4 permit records.

    Permit History
    4
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    5169 Covington Hwy has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 5169 Covington Hwy

    School Information

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    Neighborhood

    This property is located in 30035.

    Market Trends

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    Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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