New

$145,000

For Sale

4 days ago

5347 Lacey Ave, Morrow, GA

Name: 5347 Lacey Ave, For Sale in Morrow - eXp Realty
Brand: Keller Williams Realty Atl North
SKU: 7739985
Price: 145000 USD

House

MLS® 7739985

2 Bed

1 Bath

9 Parking

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage No

Taxes $640

Days Active 4

Lot Size 0.241 acres

Approx. Age 1968

MLS® Number 7739985

Property Address: 5347 Lacey Ave, Morrow, GA, 30260-3639

Average square foot calculated using Size range provided by listing agent.

Description

You’ve been considering developing. This is your opportunity. You need a spacious lot that is suitable for both business and personal. Look no further. You’ve been looking for a residential lot with strong agricultural and homestead potential. You’re in luck. You have just come across one of the strongest infill opportunities in the city and it wasn’t by mistake. Welcome to 5347 Lacey Ave. What makes this opportunity strategic and unique is that this 2 bed, 1 bath home, on approximately a quarter acre can be acquired individually for $145, 000 as a rehab or redevelopment opportunity, or better yet, you have the option to purchase all 4 parcels combined for $210, 000, unlocking the full potential of the 1.5 acre site. Whether you’re looking to build multiple homes, create a long-term investment hold, or position yourself for future commercial use, this site gives you options. Positioned at the end of a dead-end street, the property benefits from limited traffic and added privacy, while still maintaining strong accessibility. It also features dual road frontage, giving you flexibility with layout, access points, and future development potential. Perhaps you’re not familiar with the area, so here’s what you need to know. You’re minutes from Hartsfield-Jackson International Airport, roughly 15 minutes from downtown Atlanta, and surrounded by major interstates including I-75 and I-285, making connectivity seamless. The area continues to see steady growth with nearby residential and commercial development, positioning this as a smart long-term play. Even more important, there is rezoning potential to commercial use, which adds another layer of upside for investors looking to maximize the highest and best use of the land.With ARV per newly constructed home estimated around $240, 000, this creates a potential revenue of up to $960, 000. The pricing has been strategically positioned to allow for builder margin while still offering immediate upside. Opportunities like this with subdivision potential, dual road frontage, and future rezoning upside are becoming increasingly difficult to find in this market.

MLS® Number7739985

Laundry LevelNone

Central VacNo

FireplaceNo

Acreage0.241

Exterior

GarageNo

Approx. Age1968

BasementNone

DrivewayNone

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 23, 2026List Date

$145,000List Price

Commute

Commute

Starting Address

Destination Address

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