2148 Meador Avenue Se, Atlanta, GA 30315

Local realty services provided by:CENTURY 21 Novus
2148 Meador Avenue Se,Atlanta, GA 30315
$299,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Mar 22
    02:00 pm - 04:00 pm
Listed by: rick wiley
Office: coldwell banker realty
MLS#:10710741
Source:METROMLS

Price summary

  • Price:$299,000

About this home

Incredible investment opportunity in Historic Lakewood Heights featuring a rare grandfathered duplex with triplex potential in one of Atlanta's fastest-growing redevelopment corridors. This solid four-sided brick property includes two fully renovated main-level units, each configured as a 1-bedroom, 1-bath residence. Unit A offers approximately 600 square feet and has rental income potential of $1,500 per month or more, while Unit B is also a 1-bedroom, 1-bath unit with similar income potential of approximately $1,500 per month or more. The unfinished basement presents significant value-add potential with space suitable for conversion into a third studio apartment, with an estimated renovation cost of approximately $35,000 according to the seller's contractor bid. Once completed, the property could generate approximately $4,500 per month in gross rental income across three units. This setup also presents an attractive house-hacking opportunity for an owner-occupant utilizing FHA...

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Home facts

  • Year built:1959
  • Listing ID #:10710741
  • Updated:March 18, 2026 at 10:46 AM

Rooms and interior

  • Basement Description:Bath/Stubbed

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1959
  • Lot area:0.33 Acres
  • Construction Materials:Brick
  • Levels:1 Story

Schools

  • High school:South Atlanta
  • Middle school:Long
  • Elementary school:Dobbs

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$299,000
  • Tax amount:$4,261 (2024)

Parking

  • Total parking spaces:1
  • Parking description:Carport
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed March 18, 2026