2238 Douglas Drive, East Point, GA, 30344
FOR SALE $149,990
Additional Details
- Important Details: --> Vacant --> Roof and AC less than 5 years old
- Features: Under $150K in East Point, GA — This 4/3 split-level home offering 1,440 SQFT will be delivered vacant at close and presents a strong dual-threat opportunity for investors. The roof and AC are both less than 5 years old (reportedly closer to 3), helping limit major capital expenses and allowing you to focus on cosmetic value-add improvements. Sitting on a large 0.35-acre lot, the property features a fully finished basement with its own kitchen and bathroom, ideal for an in-law suite, rental configuration, or house-hack to maximize cash flow. A large outdoor storage shed adds additional utility, while the quiet street location is within walking distance to parks and less than a mile from downtown East Point and the MARTA station. With a quick 10-minute drive to the airport and easy access to Atlanta, this property combines convenience, space, and upside—making it a prime flip or long-term hold with strong resale and rental appeal.
- Potential ARV: $260,000-$280,000
- Rehab Description: For a flip or rental, this property will benefit from a cosmetic refresh to maximize resale value and rental appeal. Replace all flooring, update the bathrooms, and reface the main kitchen while modernizing the basement kitchen and bathroom to create a cohesive, updated look throughout. Address any necessary drywall repairs, apply fresh interior and exterior paint, and enhance the landscaping to boost curb appeal. Finish with a deep clean, and the property will be market-ready with strong potential to attract buyers or tenants.
- Comparable Rent: $1800-$1900/MO
- Ideal Investment Strategy: Resale/Rental
- Construction: FR
- Comp 1: 2715 Riggs Dr, East Pt, GA 30344 4/3 1696 SQFT 1957 Build PENDING @ $250,000 (Clean with some updates)
- Comp 2: 2023 Montrose Dr, East Pt, GA 30344 2/2 1500 SQFT 1955 Build SOLD @ $275,000 11/21/25 (Clean with some updates)
- Comp 3: 2461 Old Colony Rd, East Pt, GA 30344 3/2.5 1139 SQFT 1955 Build SOLD @ $250,000 11/12/25 (Smaller/fully updated)
- Comp 4: 2345 Old Colony Rd, East Pt, GA 30344 3/1 1178 SQFT 1955 Build SOLD @ $280,000 10/16/25 (Smaller/only one bath)
- Comp 5: 2511 Meadow Lark Dr, East Pt, GA 30344 3/2 1694 SQFT 1958 Build SOLD @ $267,500 9/30/25
- Comp 6: 2345 Leith Ave, East Pt, GA 30344 3/2.5 1584 SQFT 1956 Build SOLD @ $245,000 8/22/25 (Clean with some updates)
- Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money















































