5347 Lacey Ave, Morrow, GA 30260
Property image
Property image
FOR SALE

$85,000

Original price: $98,000
  • 2 Beds
  • 1 Bath

5347 Lacey Ave, Morrow, GA 30260

Est. Mortgage $602/mo*
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Home Highlights

Single-Family Home
Built in 1968

Local Information

  • Map ViewExplore the area around 5347 Lacey Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
Last check for updates: about 13 hours ago
Listing courtesy of Taylor Ingram, (404) 599-3338
Keller Williams Realty Atlanta North
Source: GAMLS, MLS#10716365
Also Listed on FMLS GA, GAMLS, FMLS GA.

Home Details for 5347 Lacey Ave

Active Status

MLS Status: Active

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 132Days on Market: 180+

Property Information

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

Price & Status

Price
List Price: $85,000
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: MorrowCommunity: Moore H G
School Information
Elementary School: MorrowJr High / Middle School: MorrowHigh School: Morrow

Agent Information

Listing Agent
Listing ID: 10716365

Community

Community Features: None

HOA

HOA Fee Includes: NoneNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 10497.96 sqft

Offer

Listing Agreement Type: Exclusive AgencyListing Terms: 1031 Exchange, Cash, Conventional, Private Financing Available

Miscellaneous

Mls Number: 10716365Showing Requirements: Appointment Only

Additional Information

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.
  • Nicole W.
    "I Love it here They have plenty of Activities for the kids holiday festivals and events at Morrow city Hall everything is convenient Mall stores convenience stores QT gas stations Some are in walking distance! Neighbors look out for each other plenty of parks "
  • Tinacurry64
    "Traffic isn’t bad here. Drivers are mindful of their surroundings. Nice area, easy access to places of business "
  • Kimberly W.
    "I see people walking dogs all the time in my neighborhood and they are very funny Neighbors they clean up behind their self and the dog"
  • Evangelist G Smith
    "Morrow is people friendly and there are plenty of shopping areas. However, you have to choose your neighborhood wisely as with any neighborhood based on cleanliness, noise, or traffic. overall, Morrow is a great city. "
  • Genniene
    "There are barely any community activities other than voting events other than that it’s nothing whatsoever "
  • Jasmyn O.
    "I see people walking their dogs all the time . There isn’t much grass for the dogs to play in outside of the owners yards though"
  • Realjeremyfortune
    "Poor area but great if you have money because it’s very cheap. Not many places to eat though so you have to be a cook. "
  • Rayleemendez
    "I live in Morrow for 1 year is good but something the city have to much rule. And you feeling like jail. And yon no feel you house is your "
  • Melinda H.
    "There are sidewalks and parks where dog owners can take their pets for exercise. The traffic is not too heavy on the inner roads so it’s safe to walk. "
  • Tayneasha
    "It’s cool. It’s pretty quite up in ole Graceland for the most part. There is a fire station at the head of the community and they actually do not turn their sirens on until they leave the neighborhood "
  • Christopher G.
    "quite and older neighbors, kept clean and no loud music . and neighborhood watch has been pretty good "
  • stringpuller777
    "WoodStone is an older community that needs rehabilitation but for the price it can not be beat!"

Market trends in Morrow

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
19
7
MoM

Home Value

Trulia Estimate
$80.3K
Since 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
MonthEstimated 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

DateEventPrice
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

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.

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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 $609 (about $459 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.