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$90,000

2722 Penwood Pl Lithonia, GA 30058

Multi-Family

Property details

About 2722 Penwood Pl

Seize this prime investment opportunity in Lithonia, GA! This vacant, cash-flow-ready 3-bedroom, 1.5-bathroom condo has been modernized with major upgrades, including new Mechanical, Electrical, and Plumbing systems, making it a low-maintenance property with long-term value. Whether you're a seasoned investor or expanding your portfolio, this property is ready for its next owner. Seller is very motivated. --- Let me know if you'd like a shortened version for social media or marketing materials.

Highlights

Home typeMulti Family
HeatingCentral, Heat Pump
StatusActive
CoolingCentral Air
Year built1973
ParkingOff Street
MLS #10512960

Summary

  • Basement: No
  • Attached Garage: No
  • Parking: Off Street
  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • List Price: $90,000
  • HOA Amount: $2532
  • Annual Tax Amount: $1,240
  • Tax Year: 2024
  • Directions: Travel I-20 East. Take exit 71 toward Panola Rd. Turn left onto Panola Rd. Turn right onto Hillandale Dr. Turn left onto Somerset Pkwy. Turn right onto Penwood Pl. Turn left onto Penwood Pl.
  • Year Built: 1973
  • MLS Number: 10512960
  • MLS Name: Georgia MLS 2
  • Office Name: Perfect Match Properties Inc.
  • Office Phone: (678) 444-3155
  • Office Email: kimdildy@pmpincga.com
  • Listing Agent: Kim Yvette Dildy

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 5:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 03, 2021
Home Sold
$48,950

Tax history

YearAssessmentProperty Tax
2024$19,640$1,240
2022$18,080$1,083
2021$14,640$393
2020$11,920$317
2018$10,080$310
2017$9,680$310

History based on county public records data.

Nearby schools

4

Stoneview Elementary School

Public District PK-5

1.3 mi

2629 Huber St

3

Fairington Elementary School

Public District PK-5

1.5 mi

5505 Philip Bradley Dr

5

Marbut Elementary School

Public District PK-5

1.8 mi

5776 Marbut Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,658. The most common annual income of people living in Lithonia, GA is less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

48%
<35k
43%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
34%
Single, with Kids
8%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Frequently asked questions

About 2722 Penwood Pl

The listing price of 2722 Penwood Pl property is $90,000.

The property 2722 Penwood Pl is a multi located in Lithonia, Georgia, 30058.

Active Listing: 2722 Penwood Pl is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2722 Penwood Pl are: Stoneview Elementary School (GreatSchools Rating 4/10), Fairington Elementary School (GreatSchools Rating 3/10), Marbut Elementary School (GreatSchools Rating 5/10), Leadership Preparatory Academy (GreatSchools Rating 6/10), Lithonia Middle School (GreatSchools Rating 3/10), Redan Middle School (GreatSchools Rating 5/10), Miller Grove High School (GreatSchools Rating 3/10), Lithonia High School (GreatSchools Rating 2/10), Arabia Mountain High School - Academy of Engineering (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $1,240 (source: MLS/based on county public records data).

The last sale was on November 3, 2021 for $48,950 (source: MLS/tax record).

The year of construction for 2722 Penwood Pl is 1973.

This home is located at 2722 Penwood Pl in Lithonia, GA and zip code 30058. Features: 0 bathroom. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $90,000.

In June 2025, from all listings sold in Lithonia, GA there were more than 26 sold above asking price, over 57 sold below and more than 46 were sold right at the asked price. Between May and June 2025, Lithonia, GA real estate market has seen increase in the number of listings by 10.8%. Listings spent 58 days on the market in June 2025, and had a median list price of $265,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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