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Property view

500 Allendale Drive, 
Decatur, GA 30032

$158,000


3

Beds


1

Bath


981

Sq Ft


Single Family

Sold

Listed by

Kathleen Levy

Brandon Beamer

Bought with EXPR01

Keller Williams Realty

MLS#

10687060

Source:

METROMLS

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About This Home

500 Allendale Drive

East Lake Terrace Fixer Upper! Discover the exceptional potential of this East Lake area fixer-upper offered at $169,900! Perfectly positioned just one block from the world-renowned East Lake Golf Club, home of the PGA Tour Championship, this investment offers an unparalleled chance to capitalize on one of Atlanta's most rapidly appreciating neighborhoods.The home sits on a desirable, level lot surrounded by beautiful, established residences and is just steps away from the fairways. Furthermore, it's just a few blocks away from the Candler Crossing Development at Glenwood and Candler, a $28.9 million revitalization project. This major development will feature a new Publix, a renovated MARTA stop, and is projected to open in 2027, promising significant appreciation and lifestyle enhancements for the area. Check out the surrounding renovated comps and new construction sale prices. There are multiple exit strategies for this deal. Buy, fix and add to your rental portfolio (ARVs: $200,000 to $275,000), renovate and flip/renovate with additional square footage and flip (ARVs: Mid-$300,000 to Mid-$500,000) or do a build new ($600,000 to $1,400,000)! See attached documents including a foundation inspection and a quote for foundation repair and a rental grade rehab. Please do your due diligence (inspections, contractor estimates and capital expenditure budget) prior to submitting an offer to eliminate the due diligence period.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1949

Price Summary

169,900

$173 per Sq. Ft.

MLS #:

10687060

Sold:

March 24, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

981 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

981 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

10,890


Finances & Disclosures

Finances

Price:

$169,900

Price per Sq. Ft:

$173 per Sq. Ft.

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2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed May 28, 2026