602 W Lake Nw Ave, Atlanta, GA 30318
$299,900
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Home Description
Investor Alert! Duplex & ADU Development OPPORTUNITY in Grove Park- Current 2bed 2bath 1,675sqft Property Housing Voucher Approved. Seize this prime investment opportunity in the heart of Atlanta! Sitting on 1/3 acre, the lot provides ample space to build an ADU n accents, a spacious front and backyard, a new HVAC system, and a solid roof which is a strong foundation for any investment strategy. Key investor benefits include: Housing voucher approval for consistent rental income with government-backed tenants, 100% conventional financing with a $10,000 grant available, and a prime location with a MARTA bus stop at your doorstep and Bankhead Station within walking distance. The property is also minutes from major attractions like the Atlanta Beltline, Westside Park, Proctor Greenway, and Maddox Park. Additionally, it is steps away from the brand-new KIPP Woodson Park Academy (K-8), attracting families and long-term tenants. Whether you're looking to rent immediately, develop a high-income duplex and ADU, or capitalize on Atlanta's booming rental market, this property offers exceptional potential. Grove Park is rapidly appreciating don't miss this turnkey or value-add opportunity. Schedule a viewing today and start building your real estate portfolio in one of Atlanta's hottest growth areas.
- MLS #: 10490220G
- Address: 602 W Lake Nw Ave
- City: Atlanta
- Zip: 30318
- County: Fulton
- Subdivision: Grove Park
- Community Features: None
- Square Feet: 1674
- Sq. Ft. Source: Public Records
- Interior of Property: Vaulted Ceiling(s)
- Rooms: Other
- Flooring: Hardwood,Laminate
- Kitchen Appliances: Oven/Range (Combo),Refrigerator
- Fireplace: Family Room
- Number Fireplaces: 1
- Dinning Room: Separate Room
- Laundry: In Kitchen
- Common Walls: No Common Walls,No One Above,No One Below
- Basement: Crawl Space
- Parking: Parking Pad
Available now at $299,900
- Type: Single Family
- Style: Brick 4 Side,Bungalow/Cottage
- Levels: One
- Property Condition: Resale
- Listing Terms: Cash,Conventional,FHA
- Cooling: Central Air
- Heating: Natural Gas
- Sewer: Public Sewer
- Construction Materials: Brick
- Roof Type: Composition,Slate
- Fee Amount: Annually
- Association Fee Includes: None
- Home Warranty: No
- : None None
Neighborhood
The average asking price of a 2 bedroom Atlanta home in this zip code is
$280,299 (6.5% less than this home).
This home is priced at $179/sqft,
which is 66.1% less than similar homes
in the 30318 zip code.
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School Information
- Elementary:Woodson
- Middle School:J. L. Invictus Academy
- High School:Douglass
Financial
- Approx Payment:$1,519*
- Taxes:$1,230
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(770) 298-4707 and speak with one of our real estate consultants.
Popular Homes
$522,093
$490,000
14
0.0%
35.7%
40
$779,494
$739,800
18
0.0%
33.3%
47
$1,835,717
$1,750,000
18
0.0%
33.3%
62
$3,266,112
$2,599,000
113
6.2%
21.2%
61
$683,608
$579,450
14
7.1%
28.6%
139
$380,589
$354,900
17
5.9%
52.9%
57
$456,772
$387,000
41
2.4%
48.8%
85
$357,295
$275,000
976
2.4%
36.6%
67
$402,500
$402,500
2
0.0%
50.0%
24
$1,207,232
$999,900
25
0.0%
36.0%
48
$462,276
$380,495
46
8.7%
41.3%
61
$300,849
$288,000
123
0.8%
32.5%
64
$479,274
$523,000
17
0.0%
64.7%
99
$454,554
$432,400
28
3.6%
35.7%
77
$691,048
$665,000
29
3.4%
34.5%
52
$744,900
$605,000
10
0.0%
50.0%
72
$530,315
$484,900
13
0.0%
7.7%
34
$1,583,198
$1,299,000
10
0.0%
30.0%
49
$454,520
$457,450
36
2.8%
50.0%
73
$425,191
$417,450
22
0.0%
36.4%
79
$972,877
$834,900
39
2.6%
23.1%
43
$1,677,850
$1,225,000
12
0.0%
16.7%
34
$1,664,363
$1,500,000
19
0.0%
10.5%
28
Listing Courtesy of Indigo Road Realty.
For information or to schedule a viewing of this property (MLS# 10490220G), call: 770 298 4707
602 W Lake Nw Ave, Atlanta GA is a single family home of 1674 sqft and
is currently priced at $299,900
.
This single family home has 2 bedrooms.
A comparable home for sale at 241 W Simon Nw Ter in Atlanta is listed at $209,900.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Atlanta, GA.
Almond Park, Spinks Estate and Vine City are nearby neighborhoods.
MLS 10490220G has been posted on this site since 4/1/2025 (today).
