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, its 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.
- MLS# 7715808
- Date Listed02/06/2026
- Days on Realty 20 Days
- Bedrooms 3
- Bathrooms 1 Full baths
- Lot Size 0.25 acres (10,890 sq. ft)
- Sewer Public Sewer
- Subdivision East Lake Terrace
- Property Type Single Family
- County Dekalb
- Year Built 1949
- Water Public
- Square Feet 981 sq. ft
- Price Per Sq. Ft $173.19
Interior Features
- Appliances Dishwasher, Gas Range, Gas Water Heater, Range Hood
- Flooring Hardwood, Tile
- Cooling Central Air, Electric
- Heating Central, Natural Gas, Forced Air
Exterior / Lot Features
- Exterior Garden, Private Entrance, Private Yard, Rain Gutters, None
- Roof Composition, Shingle
- Lot Size Acres 0.25
- Lot Size SQFT 10,890.00
- Lot Features Back Yard, Front Yard, Level, Rectangular Lot, Wooded
Financial Considerations
- Tax Amount $4,135
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
Population & Environment
Source: Sperling's Best Places
61/100
Somewhat Walkable
Walk Score ®
41/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 16/100, Bike Score: 32/100.
Property Change History
Points of Interest near 500 Allendale Drive, Decatur, GA 30032
Frequently Asked Questions for 500 Allendale Drive
Source: Realty.com
500 Allendale Drive, Decatur, GA 30032 is a Single Family 981 sq. ft. home listed for sale. Realty.com has 6 photos available of this 3 bed, 1 bath house, listed at $169,900. View sales and tax history, use our mortgage calculator and more on Realty.com
Realty.com has 6 photos of 500 Allendale Drive.
Our records indicate that 500 Allendale Drive was built in 1949.
The full address for this home is 500 Allendale Drive, Decatur, GA 30032.
500 Allendale Drive has been listed on Realty.com since Fri February 06, 2026
Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 37/100, Transit Score: 16/100, Bike Score: 32/100.
There are 3 schools assigned to this home. Check out the schools near 500 Allendale Drive. Ronald E Mcnair Discover Learning Academy Elementary School (Grades: PK - 5), Ronald E Mcnair Middle School (Grades: 6 - 8), Mcnair High School (Grades: 9 - 12)
Listing provided courtesy of:
Keller Williams Realty Metro Atlanta
(tel: 404-564-5560)
Listing agent:
Kathleen Levy
(#LEVYKATH)
This content last refreshed on 2026-02-26 10:03:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 500 Allendale Drive, Decatur, GA 30032 : MLS# 7715808