This income-producing single-family rental offers an excellent opportunity for investors seeking immediate cash flow in a strong South DeKalb rental corridor. The property features a functional layout in an established neighborhood with convenient access to major employment centers, retail, and transportation routes throughout Metro Atlanta. A long-term tenant is currently in place paying $2,100 per month, providing stable income from day one and eliminating lease-up risk. With continued rental demand in the area and limited inventory of occupied investment properties, this asset presents a compelling buy-and-hold opportunity.
Multi-familyProperty Type
2004Year Built
0.38 acresLot Size
2 spacesParking
Listed by Ryan Bowen• BHHS Georgia Properties
Contact: 404-587-5961
Bought with Willene James• Ambassador Realty, Inc.
The purpose and intent of the board of commissioners in establishing the R-100 (Residential Medium Lot-100) District is as follows: To provide for the protection of neighborhoods within the county where lots have a minimum area of fifteen thousand square feet; To provide for compatible infill development in neighborhoods; To provide protections for existing development as new subdivisions are created; To provide flexibility in design on the interior of new development while protecting surrounding development; To assure that the uses and structures authorized in the R-100 (Residential Medium Lot-100) District are those uses and structures designed to serve the housing, recreational, educational, religious, and social needs of the neighborhood; To provide for appropriately sized accessible and useable open space in new developments for health, recreational and social opportunities for county residents; and To implement the future development map of the county's most current comprehensive plan.
Zone overlays
Soapstone Historic Overlay
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Garden center
Housing-Single unit
Public service
Golf related
Communications tower
Property details
Parking
Garage
Has Garage
Parking Information
Parking Total: 2
Parking Features: Garage
Interior
Heating & Cooling
Has Heating
Heating: Central
Has Cooling
Cooling: Central Air
Interior Features
Living Area Units: Square Feet
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Levels: Two
Laundry Features: In Unit
Has Fireplace
Fireplaces Total: 1
Room Information
Basement: Crawl Space
Exterior
Exterior Features
Construction Materials: Wood Siding, Brick
Property Information
Property Condition: Resale
Property Type: Residential Income
Property Sub Type: Multi Family
Structure Type: House
Gross Income: 25200
Lot Information
Lot Size Area: 16552.8
Lot Size Units: Square Feet
Lot Size Square Feet: 16552.8
Lot Size Acres: 0.38
Lot Size Source: Other
Building Information
Year Built: 2004
Building Area Units: Square Feet
Financial
Tax Information
Parcel Number: 15 058 04 086
Tax Annual Amount: 5479
Tax Year: 2025
Financial Information
Buyer Financing: Other
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Other
Location
Multi-Unit Information
Number Of Units Total: 1
HOA Information
No
Association Fee: 0
Association Fee Includes: None
School Information
Elementary School: Oak View
Middle Or Junior School: Cedar Grove
High School: Cedar Grove
Bus Information
Es Bus Yn: Yes
Ms Bus Yn: Yes
Hs Bus Yn: Yes
Location Information
Unparsed Address: 3788 Heathermere Landing, Decatur GA 30034
City: Decatur
County Or Parish: DeKalb
State Or Province: GA
PostalCode: 30034
Country: US
Subdivision Name: HEATHERMERE 02
Coordinates: -84.262215,33.674563
Directions: Take I-285 East to Exit 48 for Flat Shoals Parkway. Travel south on Flat Shoals Parkway approximately 3 miles. Turn right onto River Road, then continue to Heathermere Landing. The property will be located within the subdivision.
Community Information
Community Features: None
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 2,576
Stories: 2.0
Lot Size: 0.38 acres
Style: Single Family Residential
Year Built: 2004
Year Renovated: 2006
County: DeKalb County
APN: 15 058 04 086
Home facts updated by county records on Aug 16, 2026
Special Listing Conditions: No Disclosure, Investor Owned
List Price: 319900
Search Price: 300000
Close Price: 300000
Listing Id: 10787045
Original List Price: 319900
Listing Date Information
On Market Date: 2026-06-16
Close Date: 2026-08-17
Listing Contract Date: 2026-06-16
Purchase Contract Date: 2026-07-16
Return To Market Date: 2026-08-18
Off Market Date: 2026-07-16
Around this home
12/100 Car-Dependent19/100 Somewhat bikeable
Schools
Places
Transit
Oakview Elementary School
Public PreK-5 • Assigned • 0.6mi
4/10
Cedar Grove Middle School
Public 6-8 • Assigned • 2.1mi
3/10
Cedar Grove High School
Public 9-12 • Assigned • 1.9mi
1/10
Provided by GreatSchools
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...