(864) 362-2375
3831 Waldrop Lane
$209,900

3831 Waldrop Lane, Decatur, GA 30034

3Beds
3Baths
1,424SQFT
0.08Acres
2003YearYear Built

About This Home

Investor's Dream! Don't miss this turnkey 3-bedroom, 2.5-bath corner-unit townhome in the established Waldrop Station community. This is a fantastic opportunity to add an income-producing property to your portfolio with instant cash flow. The property is tenant-occupied with a lease in place through May 2027, providing immediate and reliable rental income from day one. Inside, you'll find a bright, open floor plan featuring updated flooring, fresh neutral paint, and a spacious eat-in kitchen with all appliances included. The oversized primary suite offers a private en-suite bath, while two additional bedrooms provide plenty of space for family, guests, or a home office. Enjoy low-maintenance ownership with an HOA that covers lawn maintenance, plus a private back patio and assigned parking. Conveniently located near shopping, restaurants, schools, public transportation, I-20, I-285, and downtown Atlanta, this property is in a location that continues to attract quality tenants. With no rental restrictions, this is an excellent opportunity for both seasoned and first-time investors looking for a property that's already generating income. Whether you're expanding your portfolio or purchasing your first investment property, this one is ready to start working for you the day you close. Schedule your showing today!

Location

Key Facts

Status: Active
Type: Residential
Neighborhood: Waldrop STation
Annual Taxes: $3,356
HOA Fees: $790
MLS: Georgia
MLS #: 10816050

Features

Townhouse
Range
Oven
Dishwasher
Refrigerator

Mortgage Calculator

$1,061Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $209,900
Status: Active — For Sale
Days on market: 14
Last updated: Aug 13, 2026

Schools

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Source MLS #: 10816050
Last updated: Aug 13, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.