5347 Lacey Avenue, Morrow, GA 30260
Moore H G · Clayton County
Key Facts
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1968
Stories
1
Living Area
1,075 sq ft
Lot Size
0.24 acres
Lot Dimensions
150 x 70
Parking Spaces
9
Days on Market
39
MLS® Listing#
7739985
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Pool
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Security
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Morrow
- Middle:
- Morrow
- High:
- Morrow
Financial Details
HOA
None
Annual Taxes
$640
Tax year 2025
Parcel Number
12179D A009
Directions
Waze and Gps. Drive to the end of the dead-end road
Affordability Calculator
$23,000
Estimated monthly payment
$612/mo
Principal $92,000 · Est. interest $128,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Morrow, GA
- $267,290
- Median Listing Price
- 57
- Median Days on Market
- 1,787
- Median Sq Ft
- $148
- Median Price / Sq Ft
- 150
- Active Listings
- This home’s price is 57% below the area median.
- Its price per sq ft is 28% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Morrow, GA.
Location
- 5347 Lacey Avenue, Morrow, GA 30260
Points of Interest in Morrow, GA
Showing the Morrow area map.
Nearby Schools
Morrow Middle School
Secondary · 1.1 mi away
Thurgood Marshall Elementary School
Elementary · 1.1 mi away
Morrow High School
Secondary · 1.2 mi away
Morrow Middle School
Elementary · 1.3 mi away
CCPS-Elite Scholars Academy
School · 1.3 mi away
Utopian Academy for the Arts
Elementary · 1.4 mi away
East Clayton Elementary School
Elementary · 1.4 mi away
Babb Middle School
Secondary · 1.7 mi away
Clayton County Board of Education
Elementary · 1.7 mi away
Forest Park High School
Secondary · 1.7 mi away
Morrow Elementary School
Elementary · 1.8 mi away
Lake City Elementary School
Elementary · 1.8 mi away
McGarrah Elementary School
Elementary · 2.0 mi away
Edmonds Elementary School
Elementary · 2.2 mi away
Forest Park Middle School
Secondary · 2.3 mi away
Anderson Elementary School
Elementary · 2.3 mi away
B.C. Haynie Elementary School
Elementary · 2.3 mi away
Atlanta Adventist International School
School · 2.3 mi away
South Metro Psychoeducational Center
Secondary · 2.4 mi away
Ash Street Center
School · 2.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6584 Sleepy Hollow LN, Morrow, GA | $83,500 | 3 | — | 1,237 |
| 6421 Woodstone TER, Morrow, GA | $84,000 | 2 | — | 1,116 |
| 6421 Woodstone Terrace, Morrow, GA | $84,000 | 2 | 2 | 1,116 |
| 6584 Sleepy Hollow Lane, Morrow, GA | $86,500 | 3 | 2 | 1,237 |
| 6423 Woodstone TER, Morrow, GA | $94,000 | 3 | — | 1,836 |
| 6423 Woodstone Terrace, Morrow, GA | $94,000 | 3 | 4 | 1,836 |
Moving Cost Estimate
EXIT Agents in Morrow
Listing Courtesy: Keller Williams Realty Atl North - 770-509-0700
Last Updated: 2026-03-23