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$579,000 -$20,000 (-3.34%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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THREE PROPERTIES FOR THE PRICE OF ONE!!! Duplex with an ADU!!!! Exceptional investment opportunity featuring three separate living spaces, all currently operating as successful Airbnb/short-term rentals. The main upper residence offers 3 bedrooms, 1 full bath, and a bright open-concept living room and kitchen with granite countertops, stainless steel appliances, a large center island, and modern cabinetry. The finished lower level includes a private 2-bedroom, 1-bath living space with its own kitchen, living area, laundry, and separate entrance. A detached accessory dwelling unit (ADU) provides an additional 1-bedroom, 1-bath residence, creating three income-producing units on one property. Ideal for investors seeking a turnkey short-term rental portfolio or those looking for a versatile multi-unit property. Conveniently located just minutes from Downtown Atlanta with quick access to major interstates, shopping, dining, entertainment, and Hartsfield-Jackson Atlanta International Airport.

Full Property Details for 537 W Lake Ave NW

General

  • Price: $579,000
  • Taxes: $5,382 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: GAMLS_Atlanta
  • MLS ID: 10807039
  • Updated: 8/23/2026
  • Added to Site: 41 day(s) ago

Parking

  • Parking Features: Off-Street

Location

  • County: Fulton
  • Driving Directions: GPS

School Information

  • Elementary School: Woodson
  • Middle School: Harper Archer
  • High School: Douglass

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Utilities

  • Water/Sewer: Septic Tank
  • Utility Description: Other

Structural Information

  • Construction Status: Resale
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Stories/Levels: Two
  • Year Built: 1935

Lot Features

  • Lot Size (Acres): 0.287
  • Lot Size Range: .287
  • Lot Size Source: Public Records

Water Features

  • Water Front Name: NONE

Financial Considerations

  • Tax Amount: $5,382
  • Tax Year: 2025

Listing Courtesy of: HomeSmart

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Listing agent

— 537 W Lake Ave NW —

  • HomeSmart

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 537 W Lake Ave NW

School District:Atlanta City School District
NameGradesDistance
Woodson Park Academy
1605 Donald Lee Hollowell Parkway Northwest, Atlanta, GA 30318
K-80.2 mi
Douglass High School
225 Hamilton E Holmes Drive Northwest, Atlanta, GA 30318
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 537 W Lake Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/20/2026
Price Reduced
$579,000
-3.34%
MLS
7/27/2026
Price Reduced
$599,000
-7.83%
MLS
7/16/2026
Listed
$649,900
94.58%
MLS
5/22/2024
Sold
$334,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 537 W Lake Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,193
36%
$131,560
77%
2023
$3,083
35%
$74,480
35%
2022
$2,285
-6%
$55,200
15%
2021
$2,429
—
$47,920
18%
2021
$2,429
91%
$40,720
32%
2019
$1,272
150%
$30,960
152%
2018
$508
11%
$12,280
16%
2017
$456
—
$10,560
—
2016
$457
119%
$10,560
130%
2014
$209
-68%
$4,600
1%
2012
$649
—
$4,560
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listing Courtesy of: HomeSmart

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537 W Lake Avenue NW, Atlanta, GA 30318 (MLS# 10807039) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 537 W Lake Avenue NW is currently listed for $579,000 and was received on July 16, 2026. Want to learn more about 537 W Lake Avenue NW? Do you have questions about finding other Multi-Family real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.

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