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About This Home

This 2-bedroom, 1-bathroom single family at 5347 Lacey Avenue in Morrow, GA is listed for $115,000. Built in 1968, on a 0.24 acres lot.

Agent Description

MAJOR PRICE REDUCTION - NOW OFFERED AT $115,000 This is the opportunity investors have been waiting for. Welcome to 5347 Lacey Ave, a 2-bedroom, 1-bath property situated on approximately 0.24 acres in Morrow, Georgia. This property gives buyers the flexibility to renovate, rent, or redevelop based on their investment strategy.

Positioned at the end of a dead-end street, the property offers privacy with minimal through traffic while still maintaining strong accessibility to major corridors. Located just minutes from Hartsfield-Jackson International Airport, I-75, I-285, and approximately 15 minutes from Downtown Atlanta, this location continues to benefit from steady growth and increasing demand.

The home itself is a 1,075 square foot ranch built in 1968 and is in need of renovation, making it a strong value-add opportunity for investors seeking to create equity through improvements . The lot spans approximately 0.24 acres and offers usable space with flexibility for future repositioning or long-term hold .

The property is not located within a flood hazard area, which adds an additional layer of long-term stability for development or ownership . With pricing now at $115,000, this creates a compelling entry point for investors seeking margin, flexibility, and long-term upside in a growing area.

Whether you're looking to renovate and hold, fix and flip, or secure a well-located piece of land for future use, this property offers multiple exit strategies. Opportunities at this price point with this level of potential are becoming increasingly difficult to find.

Key Features

  • Built in 1968
  • 0.24 acre lot
  • 9 parking spaces
  • Fireplace

Property Details

1 story
1 full
9 spaces
1968

Amenities

FireplaceViewA/C

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

5347 Lacey Avenue

Morrow, GA 30260

Moore H G

Property Details

Views

CityValley

Cooling

Window Unit(s)Gas (Cooling)Electric

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5347 Lacey Avenue is listed at $115,000. The estimated monthly payment is $498 based on 20% down at 6.5% interest.

Key features include: Built in 1968, 0.24 acre lot, 9 parking spaces, Fireplace.

This property is listed by Taylor Ingram and can be reached at 4045993338 or taylor.ingram@kw.com.

TI

Taylor Ingram

Agent at Keller Williams Realty Atlanta North

(404) 599-3338

Listed by Keller Williams Realty Atlanta North · View on Broker Site

MLS# 10716365· Source: listhub· Updated 70 days ago

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5347 Lacey Avenue, Morrow, GA 30260

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