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$165,000
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Property Description
PRICE ADJUSTMENT! Great opportunity for an Owner Occupant. Great for a 1st time home buyer. Bring your imagination and decorator skills and make this house your cozy personal haven. Great property for a 203-K Rehab loan and a great opportunity for an Investor looking for rental property. Property is being Sold "AS IS" Don't miss this Opportunity! Just Reduced!
Full Property Details
Full Property Details for 541 W Lake Ave NW
General
- Price: $165,000
- Taxes: $2,289 (24)
- Status: Active
- Type: Single Family
- Source: GAMLS_Atlanta
- MLS ID: 10634730
- Updated: 1/3/2026
- Added to Site: 83 day(s) ago
Interior
- Rooms/Areas: Other
- Interior Features: Master On Main Level, Pull-Down Attic Stairs, Tile Bath
- Appliances: Oven/Range (Combo), Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: None
Parking
- Parking Features: Off-Street
Location
- County: Fulton
- Driving Directions: Please use GPS for best directions
School Information
- Elementary School: Woodson
- Middle School: J. L. Invictus Academy
- High School: Douglass
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Water/Sewer: Private Sewer
Structural Information
- Architectural Style: Other
- Construction Status: Resale
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: One
- Living Area: 980 Sq. Ft.
- Finished Total: 980 Sq. Ft.
- Finished Above Grnd: 980 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.152
- Lot Size Range: .152
- Lot Size Source: Public Records
- Lot Description: Sloped
Financial Considerations
- Tax Amount: $2,289.37
- Tax Year: 24
Listing Courtesy of: Apollo Associates Realty
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Schools
Schools serving 541 W Lake Ave NW
School District:Atlanta City School District
| Name | Grades | Distance |
|---|---|---|
Woodson Park Academy 1605 Donald Lee Hollowell Parkway Northwest, Atlanta, GA 30318 | K-8 | 0.2 mi |
John Lewis Invictus Academy 1890 Donald Lee Hollowell Parkway Northwest, Atlanta, GA 30318 | 6-8 | 0.5 mi |
Douglass High School 225 Hamilton E Holmes Drive Northwest, Atlanta, GA 30318 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 541 W Lake Ave NW
Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$165,000
-7.82%
MLS
12/05/2025
Price Reduced
$179,000
-9.6%
MLS
10/27/2025
Listed
$198,000
10%
MLS
6/30/2022
Sold
$180,000
—
Public Record
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
Tax History for 541 W Lake Ave NW
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,315
43%
$55,920
43%
2022
$1,615
-13%
$39,000
15%
2021
$1,864
—
$33,960
19%
2021
$1,864
109%
$28,640
32%
2019
$894
144%
$21,760
146%
2018
$366
-1%
$8,840
4%
2017
$368
2353%
$8,520
—
2016
$15
150%
$8,520
124%
2014
$6
-70%
$3,800
3%
2012
$20
—
$3,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 541 W Lake Ave NW
541 W Lake Avenue NW, Atlanta, GA 30318 (MLS# 10634730) is a Single Family property with 3 bedrooms and 1 full bathroom. 541 W Lake Avenue NW is currently listed for $165,000 and was received on October 27, 2025. Want to learn more about 541 W Lake Avenue NW? Do you have questions about finding other Single Family real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.

