Fantastic Opportunity for an investor, owner occupier, or single family primary residence! At 100% occupancy, this property is currently producing a CAP RATE of 9.6%!!! Conveniently located within walking distance of the restaurants and shops of historical downtown Tucker, this re-modeled classic mid-century home is located in a quiet neighborhood on a beautiful .7 acre lot surrounded by mature trees. Currently leased for $2,700/month, the main house measures 2,595 SQFT and consists of 4BR/3BA as well as a finished basement, which includes 1B/1BA and a fireplace. Since it has an exterior entry, the basement can also be used as an in-law suite or future separate apartment which could be rented out. The home also has a separate, two car detached garage with a 1BR/1BA apartment located above it which is currently be rented out for $1,450/month. Total annual gross revenue for this property is approximately $49,800. NOI is $39,431. See attached Offering Memorandum for financials and other information. Time to make hay while the sun shines!!!
Single-familyProperty Type
1959Year Built
0.7 acresLot Size
1 car garageParking
Listed by Randolph Kallenberg• Knapp Realty
Bought with Khyati Talati• Virtual Properties Realty. Biz
Source:FMLS #6813273
Redfin Estimate
$573,293
$167K since sold in January 2021$37K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 15.6% higher than the average sale price ($496K) of 6 comparable homes.
Fantastic Opportunity for an investor, owner occupier, or single family primary residence! At 100% occupancy, this property is currently producing a CAP RATE of 9.6%!!! Conveniently located within walking distance of the restaurants and shops of historical downtown Tucker, this re-modeled classic mid-century home is located in a quiet neighborhood on a beautiful .7 acre lot surrounded by mature trees. Currently leased for $2,700/month, the main house measures 2,595 SQFT and consists of 4BR/3BA as well as a finished basement, which includes 1B/1BA and a fireplace. Since it has an exterior entry, The basement can also be used as an in-law suite or future separate apartment which could be rented out. The home also has a separate, two car detached garage with a 1BR/1BA apartment located above it which is currently be rented out for $1,450/month. Total annual gross revenue for this property is approximately $49,800. See attached Offering Memorandum for financials and other information. Time to make hay while the sun shines!!!
FMLS #6813273
Jan 26, 2021
Sold
$406,500
Dec 8, 2020
Pending
—
Nov 25, 2020
Listed
$411,000
Public Records
Mar 19, 2013
Sold
$157,000
FMLS #5093425
Mar 20, 2013
Price Changed
$157,000
Mar 20, 2013
Listing Removed
—
Mar 11, 2013
Sold
$157,000
Mar 11, 2013
Price Changed
$200,000
Feb 11, 2013
Pending
—
Feb 11, 2013
Contingent
—
Dec 21, 2012
Listed
$200,000
GAMLS #7030299
Apr 4, 2013
Price Changed
$157,000
Mar 7, 2013
Sold
$157,000
Feb 12, 2013
Pending
—
Feb 11, 2013
Listing Removed
—
Feb 8, 2013
Price Changed
$200,000
Dec 21, 2012
Listed
$200,000
INVESTORS BRING ALL CASH OFFERS! House is ready to FLIP WITHOUT WORK.. Can be reduced for quick sale- Flexible. Can be two or more rental apartments with basement, a perfect apt. The garage awaits apartment conversion or other income production as well as office car uses. Beautiful for homeowner with extended family wanting to spread out.
Public Records
Apr 19, 2006
Sold
$59,500
Public Records
Sep 20, 1993
Sold
$106,600
Year
Property tax
Land + Additions
Assessment*
2025
$4,974 (−2.9%)
$21,800 + $180,920
$202,720
2024
$5,123 (+14.7%)
$21,800 + $180,920
$202,720
2023
$4,467 (+19.3%)
$21,864 + $123,896
$145,760
2022
$3,744 (+31.9%)
$21,800 + $123,960
$145,760
2021
$2,838 (+14.3%)
$21,800 + $88,360
$110,160
2020
$2,483 (+2.0%)
$21,800 + $88,360
$110,160
2019
$2,435 (+20.9%)
$21,800 + $71,280
$93,080
2018
$2,014 (+10.3%)
$17,680 + $58,520
$76,200
2017
$1,827 (+5.0%)
$17,680 + $58,520
$76,200
2016
$1,740 (−0.5%)
$17,680 + $46,160
$63,840
2014
$1,748 (+20.1%)
$17,680 + $50,960
$68,640
2013
$1,456 (−24.1%)
$17,680 + $5,960
$23,640
2012
$1,918 (−23.6%)
$17,480 + $16,320
$33,800
2011
$2,511 (+4.4%)
$20,560 + $27,296
$47,856
2010
$2,405 (−0.3%)
$18,407 + $31,993
$50,400
2008
$2,412
Tax history for 2489 Pine Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,974 (−2.9%)
$21,800 + $180,920
$202,720
2024
$5,123 (+14.7%)
$21,800 + $180,920
$202,720
2023
$4,467 (+19.3%)
$21,864 + $123,896
$145,760
2022
$3,744 (+31.9%)
$21,800 + $123,960
$145,760
2021
$2,838 (+14.3%)
$21,800 + $88,360
$110,160
2020
$2,483 (+2.0%)
$21,800 + $88,360
$110,160
2019
$2,435 (+20.9%)
$21,800 + $71,280
$93,080
2018
$2,014 (+10.3%)
$17,680 + $58,520
$76,200
2017
$1,827 (+5.0%)
$17,680 + $58,520
$76,200
2016
$1,740 (−0.5%)
$17,680 + $46,160
$63,840
2014
$1,748 (+20.1%)
$17,680 + $50,960
$68,640
2013
$1,456 (−24.1%)
$17,680 + $5,960
$23,640
2012
$1,918 (−23.6%)
$17,480 + $16,320
$33,800
2011
$2,511 (+4.4%)
$20,560 + $27,296
$47,856
2010
$2,405 (−0.3%)
$18,407 + $31,993
$50,400
2008
$2,412
*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
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.69 Acres
Year renovated
2012
Sq. Ft.
1,231
Year built
1959
Style
Single Family Residential
County
DeKalb County
APN
18 225 03 005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-85
Residential Medium Lot-85 District
The purpose and intent of the mayor and city council in establishing the R-85 Residential Medium Lot-85 District is as follows: To provide for the protection of neighborhoods within the city where lots have a minimum area of 12,000 sq ft; 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 ensure that the uses and structures authorized in the R-85 Residential Medium Lot-85 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 city residents; To implement the future development map of the city's most current comprehensive plan.
Home facts updated by county records on Sep 14, 2026
Around this home
Schools
Midvale Elementary School
Public PreK-5 • Assigned • 1.3mi
7/10
Tucker Middle School
Public 6-8 • Assigned • 0.8mi
5/10
Tucker High School
Public 9-12 • Assigned • 0.3mi
4/10
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...