Listing provided courtesy of Keller Williams Realty Atlanta North- MLS# 10716365MLS ProviderContact Information: 404-599-3338

5347 Lacey AvenueMorrow, GA 30260

Single Family · 2 Beds · 1 Full Bath · 0.24 Acres
$115,000 Active

5347 Lacey Avenue Overview

Time on Site:
99 days
Visits:
0

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.

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5347 Lacey Avenue Facts & Features

  • Type Single Family
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association Fee: 0
  • Association Fee Includes: None
  • Association: No

School Information

  • Elementary School: Morrow
  • Middle Or Junior School: Morrow
  • High School: Morrow

Building Information

  • New Construction: No
  • Year Built: 1968

Location/Region

  • Country: US
  • County Or Parish: Clayton
  • Subdivision Name: Moore H G

Building Exterior/Construction

  • Total Number Of Slips: 0

Community/Development

  • Community Features: None

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 640
  • Tax Year: 2025

General Information

  • Listing Terms: 1031 Exchange, Cash, Conventional, Private Financing Available
  • Parcel Number: 12179D A009
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Building Information

  • Below Grade Unfinished: 0

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full Lower: 0
  • Bathrooms Half Lower: 0
  • Bedrooms Lower: 0
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2
  • Bathrooms Total Decimal: 1

Building Interior

  • Above Grade Finished Area: 0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Public Records
  • Building Area Total: 0
  • Building Area Units: Square Feet

General Information

  • Appliances: Other
  • Basement: None
  • Common Walls: No Common Walls
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Other
  • Interior Features: Other
  • Laundry Features: None
  • Levels: One
  • Living Area: 0
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Security Features: Gated Community

Exterior

Parking Information

  • Parking Features: None
  • Parking Total: 9

Lot Information

  • Lot Features: Corner Lot, Private
  • Lot Size Acres: 0.241
  • Lot Size Area: 10497.96
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 10497.96
  • Lot Size Units: Square Feet
  • Vegetation: Cleared, Grassed, Partially Wooded
  • Water Source: Public

Waterfront/View

  • Water Body Name: None
  • Waterfront Features: No Dock Or Boathouse
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: No
  • Construction Materials: Other
  • Property Attached: No
  • Roof: Other
  • Structure Type: Other

General Information

  • Carport: No
  • Electric On Property: Yes
  • Fencing: Front Yard
  • Other Structures: Barn(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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5347 Lacey Avenue Neighborhood

Community

30260 (Morrow) Demographics

30
Median Age
2,386
Population Density (per sq. mile)
24%
College Educated
$50,092
Estimated Median Income
3,630
Estimated Total Home Owners
4,185
Estimated Total Renters
46% / 54%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5347 Lacey Avenue Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5347 Lacey Avenue Market Data

Based on the last 30 days in this zip code

$244,419
Average List Price
$174
Average Price per Square Foot
24
Properties Sold
87
Average Days on Market
217
Properties for Sale
Calculations provided by Reliance Network

5347 Lacey Avenue History

Date Event Value Agent
5/8/2026Source: Georgia MLS Status Change
Active
5/6/2026Source: Georgia MLS Price Reduction
$115,000 -20.7%
5/6/2026Source: Georgia MLS Status Change
Price Change
5/1/2026Source: FMLS Price Reduction
$115,000 -20.7%
4/5/2026Source: Georgia MLS Status Change
Active
3/23/2026Source: Georgia MLS Added to Database
March 23, 2026
3/23/2026Source: FMLS Price Increase
$145,000 90,525.0%
3/23/2026Source: FMLS Added to Database
March 23, 2026