Investor's Dream! Don't miss this turnkey 3-bedroom, 2.5-bath corner-unit townhome in the established Waldrop Station community. This is a fantastic opportunity to add an income-producing property to your portfolio with instant cash flow. The property is tenant-occupied with a lease in place through May 2027, providing immediate and reliable rental income from day one. Inside, you'll find a bright, open floor plan featuring updated flooring, fresh neutral paint, and a spacious eat-in kitchen with all appliances included. The oversized primary suite offers a private en-suite bath, while two additional bedrooms provide plenty of space for family, guests, or a home office. Enjoy low-maintenance ownership with an HOA that covers lawn maintenance, plus a private back patio and assigned parking. Conveniently located near shopping, restaurants, schools, public transportation, I-20, I-285, and downtown Atlanta, this property is in a location that continues to attract quality tenants. With no rental restrictions, this is an excellent opportunity for both seasoned and first-time investors looking for a property that's already generating income. Whether you're expanding your portfolio or purchasing your first investment property, this one is ready to start working for you the day you close. Schedule your showing today!
TownhomeProperty Type
2003Year Built
3,484 sq ftLot Size
$147Price/Sq.Ft.
$66/moHOA Dues
Listed by Rhonda Dennis• Virtual Properties Realty.com
Welcome home! This corner-unit townhome is move-in ready and packed with charm. Freshly painted with new flooring throughout, this home features a spacious, open-concept layout with bright white walls and durable LVP flooring in the main living areas. The eat-in kitchen includes appliances and offers plenty of space for cooking and gathering. Upstairs, the large primary bedroom boasts an en-suite bathroom for added comfort and privacy. Two additional bedrooms provide ample space for guests, a home office, or hobbies. Step outside to enjoy your private back patio, perfect for relaxing or entertaining. This low-maintenance property is part of a community with an HOA that takes care of all lawn maintenance, and the units are fully electric for energy efficiency and ease. The seller is open to first-time homebuyer programs, including Georgia Dream. Don't miss this incredible opportunity-schedule your showing today!
GAMLS #10816050
Feb 21, 2025
Listed
$209,900
$147/sq ft
GAMLS #10427474
Feb 10, 2025
Listing Removed
—
Dec 13, 2024
Listed
$208,000
$146/sq ft
GAMLS #10187646
Aug 4, 2023
Rental Removed
$1,525
$1/sq ft
Aug 3, 2023
Listed for Rent
$1,525
$1/sq ft
APPFOLIO #1
Aug 29, 2023
Rental Removed
$1,525
$1/sq ft
Aug 5, 2023
Listed for Rent
$1,525
$1/sq ft
Jul 22, 2023
Rental Removed
—
Jul 20, 2023
Listed for Rent
—
Public Records
Feb 14, 2019
Sold
$89,000
$63/sq ft
Public Records
Oct 11, 2016
Sold
$54,000
$38/sq ft
FMLS #5703588
Jul 29, 2016
Sold
$53,053
$37/sq ft
Jul 7, 2016
Contingent
—
Jun 27, 2016
Pending
—
Jun 9, 2016
Listed
$58,300
$41/sq ft
GAMLS #8014814
Jul 29, 2016
Sold
$53,053
$37/sq ft
Jul 7, 2016
Pending
—
Jun 27, 2016
Pending
—
Jun 9, 2016
Listed
$58,300
$41/sq ft
Public Records
Oct 20, 2004
Sold
$114,000
$80/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,806 (−9.5%)
$4,800 + $72,200
$77,000
2024
$4,204 (+11.2%)
$4,800 + $72,200
$77,000
2023
$3,779 (+25.1%)
$4,800 + $81,400
$86,200
2022
$3,021 (+30.7%)
$4,800 + $56,560
$61,360
2021
$2,311 (+22.3%)
$4,800 + $40,400
$45,200
2020
$1,890 (+2.5%)
$4,800 + $40,400
$45,200
2019
$1,844 (+22.4%)
$4,800 + $29,760
$34,560
2018
$1,507 (+17.8%)
$4,800 + $22,000
$26,800
2017
$1,279 (+121.2%)
$4,800 + $22,000
$26,800
2016
$578 (+43.4%)
$2,960 + $15,880
$18,840
2014
$403 (+0.4%)
$2,960 + $14,080
$17,040
2013
$401 (+9.0%)
$2,966 + $10,514
$13,480
2012
$368 (−40.1%)
$2,960 + $10,520
$13,480
2011
$615 (−27.7%)
$3,520 + $15,632
$19,152
2010
$851 (−23.7%)
$6,369 + $21,311
$27,680
2008
$1,115
Public record
Public record
Zoning
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
2006
Finished Sq. Ft.
1,424
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,424
Year built
2003
Style
Townhouse
County
DeKalb County
APN
15 071 03 076
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
MR-2
SOAP
Medium Density Residential-2 District
The purpose and intent of the board of commissioners in establishing the MR-2 (Medium Density Residential-2) 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 uses by increasing the ease of movement and opportunities for alternative modes of travel; To implement the future development map of the county's most current comprehensive plan; To provide districts that allow appropriate development transitions within the edges and transitional areas of the Town Center and Regional Center character areas.
Zone overlays
Soapstone Historic Overlay
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Mixed use
Library
Museum / gallery
Communications tower
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...