$85,000
Original price: $98,000
- 2 Beds
- 1 Bath
5347 Lacey Ave, Morrow, GA 30260
Est. Mortgage $602/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1968
Local Information
-- mins to
About this House
MAJOR PRICE REDUCTION - NOW OFFERED AT $85,000 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 $85,000, 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.
Home Details for 5347 Lacey Ave
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Interior Details Basement: None |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Appliances & Utilities Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water AvailableAppliances: OtherLaundry: None |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: Electric,Gas,Other,Window Unit(s)Has Heating |
Fireplace & Spa Number of Fireplaces: 1Has a Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: OtherCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Other |
View Has a ViewView: City, Seasonal View, Valley |
Security Security: Gated Community |
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Exterior Home Features Roof: OtherFencing: Front YardVegetation: Cleared, Grassed, Partially WoodedOther Structures: Barn(s)No Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 9Parking: None |
Frontage Waterfront: No Dock Or BoathouseNot on Waterfront |
Water & Sewer Sewer: Septic TankWater Body: None |
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Cumulative Days on Market: 132Days on Market: 180+ |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: OtherArchitecture: Ranch |
Building Construction Materials: OtherNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Condition: FixerParcel Number: 12179D A009 |
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Price List Price: $85,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: MorrowCommunity: Moore H G |
School Information Elementary School: MorrowJr High / Middle School: MorrowHigh School: Morrow |
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Listing Agent Listing ID: 10716365 |
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Community Features: None |
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HOA Fee Includes: NoneNo HOAHOA Fee: No HOA Fee |
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Lot Area: 10497.96 sqft |
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Listing Agreement Type: Exclusive AgencyListing Terms: 1031 Exchange, Cash, Conventional, Private Financing Available |
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Mls Number: 10716365Showing Requirements: Appointment Only |
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None |
Around this home
What Locals Say about Morrow
At least 80 Trulia users voted on each feature.
86 % Say car is needed
85 % Say parking is easy
81 % Say yards are well-kept
73 % Say there's holiday spirit
68 % Say kids play outside
67 % Say it's quiet
63 % Say it's walkable to grocery stores
63 % Say it's dog friendly
53 % Say people would walk alone at night
51 % Say streets are well-lit
47 % Say there are sidewalks
42 % Say it's walkable to restaurants
39 % Say they plan to stay for at least 5 years
35 % Say there's wildlife
33 % Say neighbors are friendly
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Morrow
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
19
7MoM
Home Value
Trulia Estimate
$80.3KSince last month
Decreased$57K (-41.7%)Since last year
Decreased$47K (-36.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +143% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $80K |
| April 2026 | $138K |
| March 2026 | $143K |
| February 2026 | $130K |
| January 2026 | $127K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $231,000 | 03/27/26 | 3 | 2 | 1,375 | |
0.33 | Single-Family Home | $265,000 | 08/25/26 | 3 | 2 | 1,354 | |
0.47 | Single-Family Home | $285,000 | 07/31/26 | 3 | 2 | 1,480 | |
0.52 | Single-Family Home | $290,000 | 07/10/26 | 4 | 2.5 | 1,966 | |
0.60 | Single-Family Home | $255,000 | 02/25/26 | 3 | 3 | 1,812 | |
0.39 | Single-Family Home | $275,000 | 06/04/26 | 5 | 3 | 2,475 | |
0.79 | Single-Family Home | $95,000 | 05/28/26 | 4 | 2 | 1,324 | |
0.51 | Single-Family Home | $244,000 | 05/29/26 | 4 | 3 | 2,200 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $144,100 | 3 | 1 | 1,080 | Off Market | |
0.12 | $45,000 | - | - | - | For Sale | |
0.12 | $35,000 | - | - | - | For Sale | |
0.13 | $45,000 | - | - | - | For Sale | |
0.14 | $297,300 | 4 | 2.5 | 2,207 | Off Market | |
0.15 | $231,000 | 3 | 2 | 1,375 | Recently Sold | |
0.20 | $311,200 | 4 | 2.5 | 2,476 | Off Market | |
0.17 | $170,000 | - | - | - | For Sale | |
0.22 | $40,000 | - | - | - | For Sale | |
0.22 | $40,000 | - | - | - | For Sale | |
0.27 | $250,800 | 3 | 2 | 1,464 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jul 30, 2026 Source: GAMLS #10716365 | PriceChange | $85,000 Price decreased by 13% |
Jul 27, 2026 Source: FMLS GA #7739985 | PriceChange | $98,000 Price decreased by 15% |
May 1, 2026 Source: FMLS GA #7739985 | PriceChange | $115,000 Price decreased by 21% |
Mar 24, 2026 Source: FMLS GA #7739985 | Listed For Sale | $145,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $640 | $115,900 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Taylor Ingram, Keller Williams Realty Atlanta North
Agent Phone: (404) 599-3338

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
Copyright 2026 GAMLS. All rights reserved.
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Frequently asked questions about 5347 Lacey Ave
- What is the estimated monthly payment for 5347 Lacey Ave?Based on a $85,000 list price with 20% down at today's rates, the estimated monthly payment for 5347 Lacey Ave in Morrow, GA is approximately $608 (about $458 principal & interest, $75 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 5347 Lacey Ave?The closest schools to 5347 Lacey Ave in Morrow, GA are Morrow Elementary School (Pre-K, rated 5/10), Morrow High School (rated 3/10), Morrow Middle School (rated 6/10).
- What is 5347 Lacey Ave estimated to be worth?Trulia's estimated value for 5347 Lacey Ave in Morrow, GA is $80,300.
- Does 5347 Lacey Ave have air conditioning?Yes, 5347 Lacey Ave in Morrow, GA has air conditioning.
- Does 5347 Lacey Ave have a yard?Yes, 5347 Lacey Ave in Morrow, GA has a yard.
- How big is the lot at 5347 Lacey Ave?The lot at 5347 Lacey Ave in Morrow, GA is about 0.24 acres (10,498 sq ft).
5347 Lacey Ave, Morrow, GA 30260 is a 2 bedroom, 1 bathroom single-family home built in 1968. This property is currently available for sale and was listed by GAMLS on Mar 24, 2026. The MLS # for this home is MLS# 10716365.

