2920 Parc Lorraine, Lithonia, GA 30038 - Photo 1

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$120,000 -$5,000 (-4%) Price Reduced

For Sale
Active
Condo
3 Beds
2 Full Baths
1,628 Sq. Ft.
Updated 2 days ago

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Property Description

Investment opportunity alert - and this one checks every box! Welcome to 2920 Parc Lorraine in Lithonia Georgia - a fully renovated condominium that is already generating income from day one. This beautifully updated 3 bedroom 2 bathroom unit in the established Parc Lorraine community is a turnkey investment with a tenant already in place paying $1,750 per month - 100% covered by HUD. That is guaranteed government-backed rental income with zero vacancy headache for the new owner. The renovation has been completed - this is not a fixer. This is a move-in ready income-producing asset priced at just $120,000. At this price point the numbers speak for themselves. With $1,750 in monthly gross rent your cap rate is approximately 10.3% - the kind of return that institutional investors spend years chasing. Whether you are a seasoned investor looking to add a cash flowing asset to your portfolio or a first-time investor ready to get your foot in the door - this is the deal you have been waiting for. Priced to move. Income already in place. Government-backed rent. Do not wait on this one. Sold AS-IS. All documents uploaded to FMLS.

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Full Property Details

Full Property Details for 2920 Parc Lorraine

General

Price: $120,000
HOA FEE: $325/month
Taxes: $2,170 (2025)
Status: Active
Type: Condo
Source: FMLS_Atlanta
MLS ID: 7821141
Updated: 8/17/2026
Added to Site: 9 day(s) ago

Interior

Interior Features: Other
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Electric
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
Flooring: Laminate

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Main Floor Baths: 2
Primary Bathroom: None

Bedrooms

Total Bedrooms: 3
Bedrooms Main: 3
Bedroom Features: None

Other Rooms

Kitchen: Other
Dining Room: Other
Laundry: Main Level

Additional Information

Amenities: None
Security/Safety: None
Equipment: None

Exterior

Exterior Features: None
Porch/Patio/Deck: Patio

Parking

Total Spaces: 2
Parking Features: Parking Lot

Location

County: Dekalb
Subdivision: Parc Lorraine
Driving Directions: Use GPS

School Information

Elementary School: Flat Rock
Middle School: Lithonia
High School: Lithonia

Community

Association: Yes
Assoc. Fees Include: Maintenance Grounds
Units Assoc/Comm: 150

Heating & Cooling

Cooling Type: Central Air
Heating Type: Central

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

Architectural Style: Garden (1 Level)
Detached/Attached: Attached
Exterior Const.: Brick
Basement Desc.: None
Roof: Shingle
Common Walls: 2+ Common Walls
Windows: Wood Frames
Stories/Levels: One
Square Feet: 1,628
Sq. Ft. Source: Public Records
Year Built: 1974
Property Condition: Resale

Additional Structures

Other Structures: None

Lot Features

Property View: City
Lot Size (Acres): 0.5
Lot Size Source: See Remarks
Lot Dimensions: 58 x 38
Frontage: City Street
Street/Road Desc.: Paved
Lot Features: Other
Fencing (Description): None

Water Features

Docks: None

Financial Considerations

Association Fee: $325
Assoc Fee Freq.: Monthly
Other Assoc Fees: $325
Tax Amount: $2,170
Tax Year: 2025

Disclosures and Reports

Property ID: 16 074 08 014

Listed by EXP Realty, LLC.

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and 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 policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Aug 16 2026 2:48PM

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— 2920 Parc Lorraine —

EXP Realty, LLC.

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NMLS#: 1598647

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Schools

Schools serving 2920 Parc Lorraine

School District:Dekalb County School District

Name	Grades	Distance
Flat Rock Elementary School 4603 Evans Mill Rd, Lithonia, GA 30038	PK-5	2.9 mi
Lithonia Middle School 2451 Randall Avenue, Lithonia, GA 30058	6-8	2.4 mi
Lithonia High School 2440 Phillips Road, Lithonia, GA 30058	9-12	2 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 2920 Parc Lorraine Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/17/2026

Price Reduced

$120,000

-4%

MLS

8/11/2026

Listed

$125,000

117.39%

MLS

12/01/2022

Sold

$57,500

—

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

Tax History for 2920 Parc Lorraine

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,170

7%

$47,320

6%

2024

$2,030

21%

$44,520

21%

2023

$1,671

25%

$36,720

23%

2022

$1,341

54%

$29,960

58%

2021

$870

—

$18,960

34%

2021

$870

1076%

$14,120

-18%

2019

$74

54%

$17,160

46%

2017

$48

—

$11,720

4%

2017

$48

66%

$11,280

13%

2016

$29

-22%

$10,000

—

2014

$37

—

$10,000

33%

2014

$37

6%

$7,520

38%

2013

$35

—

$5,440

—

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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Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and 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 policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Aug 16 2026 2:48PM

2920 Parc Lorraine, Lithonia, GA 30038 (MLS# 7821141) is a Condo property with 3 bedrooms and 2 full bathrooms. 2920 Parc Lorraine is currently listed for $120,000 and was received on August 11, 2026. Want to learn more about 2920 Parc Lorraine? Do you have questions about finding other Condo real estate for sale in Lithonia? You can browse all Lithonia real estate or contact a Coldwell Banker agent to request more information.

2920 Parc Lorraine Lithonia, GA 30038

Full Property Details for 2920 Parc Lorraine

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Additional Information

Exterior

Parking

Location

School Information

Community

Heating & Cooling

Utilities

Structural Information

Additional Structures

Lot Features

Water Features

Financial Considerations

Disclosures and Reports

Quickly Find Out More

Quickly Find Out More

Listing agent

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Schools serving 2920 Parc Lorraine

Price & Sales History for 2920 Parc Lorraine Get Price Alerts and Save Property

Tax History for 2920 Parc Lorraine

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