Calling all real estate investors looking for a strong return on investment! 3068 River Oak Road in Decatur presents a amazing opportunity to acquire a property with a 11% cap rate. This 9-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. 3068 River Oak Road is just 0.6 miles to the nearest Marta Bus route, making it easy for current and future occupants to access public transportation options. Make this cash-flowing winner a part of your real estate portfolio today!
Single-familyProperty Type
1996Year Built
0.29 acresLot Size
$127Est. Price/Sq.Ft.
2 car garageParking
Listed by Allison Haywood• Bolst, Inc.
Bought with Allison Haywood• Bolst, Inc.
Source:FMLS #7528598
Redfin Estimate
$362,166
$4,034 since sold in May 2025$5,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 31% higher than the average sale price ($276K) of 6 comparable homes.
Calling all real estate investors looking for a strong return on investment! 3068 River Oak Road in Decatur presents a amazing opportunity to acquire a property with a 11% cap rate. This 9-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. 3068 River Oak Road is just 0.6 miles to the nearest Marta Bus route, making it easy for current and future occupants to access public transportation options. Make this cash-flowing winner a part of your real estate portfolio today!
FMLS #7006998
Mar 30, 2022
Sold
$290,000
$102/sq ft
Mar 1, 2022
Pending
—
Feb 9, 2022
Listed
$275,000
$97/sq ft
If space is what you need, space is what we have!!!! This home has high ceilings, four large bedrooms, two and a half bathrooms all on a spacious corner lot! First floor features an amazing flowing layout. Just inside the foyer, to the right you will find the formal living and dining room, with connection to the Kitchen. The spacious kitchen features a gas range, plenty of counter top space, an eat-in bump out area, and an unobstructed view of the gas fireplace in the adjoining sunken family room. Access to the large backyard and patio is also located in the family room. Next, you will find each of the four large bedrooms privately tucked away upstairs. Lastly, agents, be sure to remind your clients that this home is located in a community that does NOT have an annoying HOA and is within a convenient proximity to shopping in Decatur and Ellenwood, Georgia Perimeter College, I-20 and I-285. Home is being sold AS/IS, Showings Saturday and Sunday 2/26 & 2/27 9:00 - 6:00pm.
GAMLS #10023501
Mar 30, 2022
Sold
$290,000
$102/sq ft
Mar 1, 2022
Pending
—
Feb 9, 2022
Listed
$275,000
$97/sq ft
FMLS #5758964
Dec 2, 2016
Sold
$144,900
$51/sq ft
Oct 12, 2016
Contingent
—
Oct 7, 2016
Listed
$144,900
$51/sq ft
Public Records
Dec 9, 2005
Sold
$114,100
$40/sq ft
Public Records
Dec 13, 1996
Sold
$108,900
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,654 (+2.5%)
$16,000 + $101,800
$117,800
2024
$5,516 (−0.2%)
$16,000 + $101,800
$117,800
2023
$5,525 (+1.5%)
$16,000 + $98,640
$114,640
2022
$5,441 (+29.6%)
$8,000 + $106,920
$114,920
2021
$4,198 (+17.8%)
$8,000 + $78,600
$86,600
2020
$3,565 (+3.6%)
$8,000 + $78,600
$86,600
2019
$3,440 (+22.1%)
$5,800 + $63,520
$69,320
2018
$2,817 (−3.9%)
$5,800 + $49,200
$55,000
2017
$2,932 (+8.3%)
$5,800 + $49,200
$55,000
2016
$2,707 (+29.7%)
$5,800 + $46,480
$52,280
2014
$2,087 (+41.0%)
$5,800 + $40,840
$46,640
2013
$1,480
$5,720 + $18,160
$23,880
2012
$1,481 (−38.0%)
$5,720 + $18,160
$23,880
2011
$2,388 (−5.9%)
$8,160 + $36,624
$44,784
2010
$2,537 (−20.8%)
$11,257 + $42,103
$53,360
2008
$3,203
Tax history for 3068 River Oak Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,654 (+2.5%)
$16,000 + $101,800
$117,800
2024
$5,516 (−0.2%)
$16,000 + $101,800
$117,800
2023
$5,525 (+1.5%)
$16,000 + $98,640
$114,640
2022
$5,441 (+29.6%)
$8,000 + $106,920
$114,920
2021
$4,198 (+17.8%)
$8,000 + $78,600
$86,600
2020
$3,565 (+3.6%)
$8,000 + $78,600
$86,600
2019
$3,440 (+22.1%)
$5,800 + $63,520
$69,320
2018
$2,817 (−3.9%)
$5,800 + $49,200
$55,000
2017
$2,932 (+8.3%)
$5,800 + $49,200
$55,000
2016
$2,707 (+29.7%)
$5,800 + $46,480
$52,280
2014
$2,087 (+41.0%)
$5,800 + $40,840
$46,640
2013
$1,480
$5,720 + $18,160
$23,880
2012
$1,481 (−38.0%)
$5,720 + $18,160
$23,880
2011
$2,388 (−5.9%)
$8,160 + $36,624
$44,784
2010
$2,537 (−20.8%)
$11,257 + $42,103
$53,360
2008
$3,203
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.29 Acres
Year renovated
2006
Sq. Ft.
2,846
Year built
1996
Style
Single Family Residential
County
DeKalb County
APN
15 057 02 095
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
MR-1
Medium Density Residential-1 District
The purpose and intent of the board of commissioners in establishing the MR-1 Medium Density Residential-1 District is as follows: To encourage primarily residential, planned developments that allow accessory retail, office, institutional, and civic uses; To provide for residential neighborhoods with a mix of single-family and multi-family housing types that maintain harmony of scale, intensity, and design with surrounding development; To provide for connectivity of streets and communities and reduce the dependence on automobile use by increasing the ease of and opportunity for alternative modes of travel; To implement the future development map of the county's most current comprehensive plan.
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use
Public service
Library
Museum / gallery
Communications tower
Property details
Parking
Parking Information
# of Garage Spaces: 2
Parking Features: Attached, Driveway, Garage, Garage Faces Front
Open Parking: Yes
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
# of Main Level Bathrooms: 2
Master Bathroom Features: Separate Tub/Shower,Soaking Tub
Bedroom Information
# of Main Level Bedrooms: 5
Bedroom Features: Oversized Master
Interior Features
# of Fireplaces: 1
Fireplace Features: Family Room, Gas Starter
Interior Features: High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
Common Walls: No Common Walls
Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
Flooring: Carpet, Vinyl
Room Information
LaundryFeatures: In Hall, Laundry Room
Kitchen Features: Breakfast Bar,Cabinets Other,Eat-in Kitchen,Other Surface Counters,Pantry,View to Family Room
Dining Room Features: Separate Dining Room
Room Type: Bonus Room, Family Room
Exterior
Property Information
Levels: Two
Above Grade Finished Area: 2,846
Construction Materials: Frame, Vinyl Siding
Exterior Features: Private Yard, Rain Gutters
Roof: Composition
Patio And Porch Features: Patio
Property Condition: Resale
Foundation Details: Slab
Ownership: Fee Simple
Lot Information
Waterfrontage Length: 0
TaxLegalDescription: OAKVALE HEIGHTS U-4 BLOCK A LOT 65 9-16-96 76 X 40 X 95 X 100 X 131. . . . . . . . . . . . . 0.29AC
Financial
Financial Information
Buyer Financing: Other
Utilities
Utility Information
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Electric
Water Source: Public
Electric: Other
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Location
Multi-Family Information
# Of Units To Be Built: 0
HOA Information
Association Fee Frequency: Annually
Association Fee2 Frequency: Annually
School Information
Middle Or Junior School: Cedar Grove
High School: Cedar Grove
Location Information
Directions: Please use GPS.
Road Surface Type: Paved
Road Frontage Type: Other
Dekalb - GA
Community Information
Community Features: Near Schools, Near Shopping, Street Lights
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 2,846
Stories: 2.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: 2006
County: DeKalb County
APN: 15 057 02 095
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Oakview Elementary School
Public PreK-5 • Assigned • 0.3mi
4/10
Cedar Grove Middle School
Public 6-8 • Assigned • 1.9mi
3/10
Cedar Grove High School
Public 9-12 • Assigned • 1.8mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
DeKalb County offers diverse lifestyles, from established communities like Decatur and Avondale Estates to suburban neighborhoods throughout North and East DeKalb. Known for its culture, dining, green spaces, and MARTA access, DeKalb attracts buyers...