5347 Lacey Avenue

About this home

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 $97,000, 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.

Details

Home type

Single Family Residence

County

Clayton County

Year built

1968

Lot size (acres)

0.241

Association fee

$0

Annual tax

$640

Tax year

2025

Elementary school

Morrow

Middle school

Morrow

High school

Charles R. Drew

Heating

Wall Unit(s)

Cooling

Window Unit(s)

Appliances

Other

Flooring

Carpet

Basement

None

Parking

On Street, Parking Pad

Levels

One

Style

Ranch

Interior

Other

Exterior

Other

Community

Other

Pool

None

Days on market

1

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