$3,741 Closing Credit¹
#7538867, Alicia Rylander, Listing Office: Keller Williams Realty Metro Atlanta
$320,000 List price
5181 Covington Hwy Decatur, GA 30035
$3,800
Closing credit¹
3 beds
1 full
1,264 sqft
2.6 acres
$253 / sqft
House
Property details
About 5181 Covington Hwy
**Exceptional Investment Opportunity** Presenting a unique three-property assemblage opportunity. The offering includes three distinct structures: Lot 1 features a spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet with a 391 square foot unfinished basement, situated on a generous 0.66-acre lot. Lot 2 comprises a charming 3-bedroom, 2-bathroom residence spanning 1,891 square feet with a 300 square foot unfinished basement on a expansive 1.39-acre lot. Lot 3 includes a cozy 3-bedroom, 1-bathroom house offering 1,264 square feet of living space on a sizable 2.57-acre lot. Combined, these properties boast a substantial 4.62 acres in total. Ideally located along Covington Highway with approximately 40 feet of road frontage, and mere minutes from Highway 285, this offering provides unparalleled convenience and potential. Whether renovating the existing properties or pursuing new construction for a small housing community, this is an opportunity not to be missed in the realm of multi-property investments. For further details, please refer to additional listings: 10488861, 10488863.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,264 sqft
Lot size2.6 Acres
Year built1935
ParkingParking Pad
MLS #7549946
ViewTrees/Woods
Summary
- MLS Number: 7549946
- MLS Name: First Multiple Listing Service
- Office Name: Keller Williams Realty Atl Partners
- Office Phone: (678) 252-1900
- Listing Agent: KIMBERLY D BRANCH
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.
IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$320,000
5181 Covington Hwy
$3,800
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $58,960 | $2,998 |
| 2022 | $41,120 | $2,117 |
| 2021 | $28,320 | $1,555 |
| 2020 | $26,080 | $1,457 |
| 2018 | $18,520 | $1,148 |
| 2017 | $18,320 | $1,148 |
History based on county public records data.
Nearby schools
4
Woodridge Elementary School
Public District PK-5
0.7 mi
•4120 Cedar Ridge Trl
4
Canby Lane Elementary School
Public District PK-5
1.2 mi
•4150 Green Hawk Trl
3
Panola Way Elementary School
Public District PK-5
2.0 mi
•2170 Panola Way Ct
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,419. Most Decatur, GA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
41%
<35k
44%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
19%
Single, with Kids
13%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Soccer
College Basketball
Pro Wrestling
Where do the neighbors shop?
Burlington
Dillards
Books-a-Million
Where do the neighbors go to eat?
Wingstop
Logan's Roadhouse
Cicis Pizza
What do the neighbors drive?
Nissan
Hyundai
Pontiac
What do the neighbors listen to?
Christian Adult Contemporary
Rock
Urban Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$3,741 Closing Credit¹
#10476163, Alicia Rylander, Listing Office: Keller Williams Realty
$3,503 Closing Credit¹
#7545483, FELECIA BROOKS, Listing Office: Keller Williams North Atlanta
$3,325 Closing Credit¹
#10449919, Andrea Pietri-Diaz, Listing Office: HomeSmart
6 days on Rocket
$2,909 Closing Credit¹
#10491846, Chris Hurd, Listing Office: Blue Mountain Realty GA LLC
$2,832 Closing Credit¹
#7509934, Anthony Fontana, Listing Office: Cornerstone Real Estate Partners, LLC
$3,438 Closing Credit¹
#10446820, Jimmy Rose, Listing Office: Georgia R/E and Investment Svc
$2,791 Closing Credit¹
#7532158, JEREMY GARRIOTT, Listing Office: Mainstay Brokerage LLC
$2,963 Closing Credit¹
#10435017, Ceirra Matthews, Listing Office: E & R Realty Group Inc.
Backup offers
$2,672 Closing Credit¹
#10428906, Chris Hurd, Listing Office: Blue Mountain Realty GA LLC
Frequently asked questions
About 5181 Covington Hwy
This home is located at 5181 Covington Hwy in Decatur, GA and zip code 30035. This 1,264 square foot home, which was built in 1935, sits on a 2.60 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $320,000.
In March 2025 more than 44 listings in Decatur, GA were sold above the asking price. During the same period more than 56 listings were sold at asking price, while more than 117 were sold below. The inventory of homes for sale in Decatur, GA between February and March 2025 increased by 23.9%. Listings spent 53 days on the market in March 2025, and had a median list price of $329,998 during the same period.
From Rocket Homes Real Estate and based on county public records data.