INCREDIBLE INVESTMENT OPPORTUNITY IN HOT KIRKWOOD! ZONED C1 — Prime development potential in one of Atlanta’s most thriving neighborhoods. This large double lot is surrounded by ongoing improvements and new construction, making it a strategic choice for investors and developers alike. C1 zoning offers flexible, multi-use possibilities — including the potential for townhome development (per preliminary site plan, included with sale). The existing home on the property is tenant-occupied, providing immediate rental income while you finalize your development plans. Opportunities like this in Kirkwood don’t come around often — unlock the potential and maximize your ROI!
Closed
$530,000
240 Lamon Ave SE, Atlanta, GA 30316
4beds
2,122sqft
Single Family Residence, Residential
Built in 1948
0.34 Acres Lot
$538,700 Zestimate®
$250/sqft
$3,323 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 08, 2025 at 10:54pm
Listing Provided by:
Bobbie Spiller,
Keller Knapp 404-748-5988
Bought with:
Shawn Wall, 364454
Keller Williams Realty Metro Atlanta
Source: FMLS GA,MLS#: 7559454
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Roommate Floor Plan
- Level: Roommate Floor Plan
Bedroom
- Features: Roommate Floor Plan
Primary bathroom
- Features: Double Vanity, Tub/Shower Combo
Dining room
- Features: Other
Kitchen
- Features: Breakfast Bar, Cabinets Stain, Kitchen Island, Pantry, Solid Surface Counters
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Cooktop
- Laundry: In Kitchen, Laundry Closet, Main Level
Features
- High Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Walk-In Closet(s)
- Flooring: Hardwood
- Windows: Insulated Windows
- Basement: None
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,122
- Total interior livable area: 2,122 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.34 Acres
- Features: Back Yard, Front Yard, Level
Details
- Additional structures: None
- Parcel number: 15 178 04 010
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cottage,Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Cement Siding, HardiPlank Type
- Foundation: Block
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: None
Community
- Community features: Dog Park, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Playground, Restaurant, Street Lights
Location
- Region: Atlanta
- Subdivision: Kirkwood
Other
Other facts
- Road surface type: Asphalt
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Estimated market value
$538,700