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$115,000

Est. payment - /mo

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2 Beds

1 Bath

10,497 Sqft Lot

Price Change

5347 Lacey AVE Morrow, GA 30260

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Price Change

Purchase Type For Sale

Subdivision Moore H G

MLS Listing ID 10716365

Style Ranch

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1968

Annual Tax Amount $640

Tax Year 2025

Lot Size 10,497 Sqft

Acres 0.241

Lot Dimensions 10497.96

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

MAJOR PRICE REDUCTION - NOW OFFERED AT $115,000 This is the opportunity investors have been waiting for. Welcome to 5347 Lacey Ave, a 2-bedroom, 1-bath property situated on approximately 0.24 acres in Morrow, Georgia. This property gives buyers the flexibility to renovate, rent, or redevelop based on their investment strategy. Positioned at the end of a dead-end street, the property offers privacy with minimal through traffic while still maintaining strong accessibility to major corridors. Located just minutes from Hartsfield-Jackson International Airport, I-75, I-285, and approximately 15 minutes from Downtown Atlanta, this location continues to benefit from steady growth and increasing demand. The home itself is a 1,075 square foot ranch built in 1968 and is in need of renovation, making it a strong value-add opportunity for investors seeking to create equity through improvements . The lot spans approximately 0.24 acres and offers usable space with flexibility for future repositioning or long-term hold . The property is not located within a flood hazard area, which adds an additional layer of long-term stability for development or ownership . With pricing now at $115,000, this creates a compelling entry point for investors seeking margin, flexibility, and long-term upside in a growing area. Whether you're looking to renovate and hold, fix and flip, or secure a well-located piece of land for future use, this property offers multiple exit strategies. Opportunities at this price point with this level of potential are becoming increasingly difficult to find.

Location

State GA

County Clayton

Rooms

Bedroom Description No

Other Rooms Barn(s)

Basement None

Interior

Interior Features Other

Heating Other

Cooling Electric, Gas, Other, Window Unit(s)

Flooring Other

Fireplaces Number 1

Fireplace Yes

Appliance Other

Laundry None

Exterior

Parking Features None

Garage Spaces 9.0

Fence Front Yard

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description No Dock Or Boathouse

View Y/N Yes

View City, Seasonal View, Valley

Roof Type Other

Total Parking Spaces 9

Garage No

Private Pool No

Building

Lot Description Corner Lot, Private

Faces Waze and Gps. Drive to the end of the dead-end road

Sewer Septic Tank

Water Public

Architectural Style Ranch

Structure Type Other

New Construction No

Schools

Elementary Schools Morrow

Middle Schools Morrow

High Schools Morrow

Others

HOA Fee Include None

Tax ID 12179D A009

Security Features Gated Community

Acceptable Financing 1031 Exchange, Cash, Conventional, Private Financing Available

Listing Terms 1031 Exchange, Cash, Conventional, Private Financing Available

Special Listing Condition Fixer

Nearby Locations