2494 Lester Street, Atlanta, GA 30344

$479,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$479,000
MLS#
10824995
Type
Multifamily
City
Atlanta
County
Fulton
Subdivision
Semmes Park
Year Built
1930

Property Description

Rare THREE-UNIT Investment Opportunity offering TWO SEPARATE RESIDENCES and multiple streams of rental income in the heart of East Point's growing Semmes Park community! Ideal for investors looking to expand their portfolio, house hackers, or buyers seeking a flexible income-producing property, this unique setup includes a main residence plus a separate two-story rear residence with two additional units. The main residence offers approximately 1,225 square feet with 3 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. Tucked behind the main home, the rear residence features two separate 2-bedroom, 1-bathroom units, each approximately 800 square feet. The upper unit is currently leased, while the lower unit is vacant and features an open living and kitchen area, two bedrooms, a full bathroom, updated flooring, and fresh neutral paint giving the next owner the opportunity to place a tenant and further maximize the property's income potential. With two income-producing units already in place and a third unit ready for its next occupant, this property offers a compelling combination of existing cash flow and additional upside. Seller is also offering a separate three-unit investment property at 3181 Church Street and is open to selling both properties together, creating a unique opportunity for investors looking to acquire multiple income-producing properties. Located in one of Metro Atlanta's fastest-growing areas, enjoy easy access to East Point's revitalized Downtown District with local restaurants, shops, and MARTA, while being just minutes from Downtown Atlanta, Midtown, Hartsfield-Jackson International Airport, Tyler Perry Studios, and major highways.

Additional Information

Elementary School
Hamilton Holmes
High School
Tri Cities
Parking
Parking Pad, Kitchen Level
Basement Type
Crawl Space
Stories
2 Stories
Fees Include
None
Tax Year
2025

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Bolst, Inc..

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.