3631 Raiders Ridge Drive, Lithonia, GA 30038
Local realty services provided by:ERA Towne Square Realty, Inc.
3631 Raiders Ridge Drive,Lithonia, GA 30038
$259,000
- 8 Beds
- 3 Baths
- 1,951 sq. ft.
- Single family
- Active
Listed by: josh stanton, brandon beamer
Office: keller williams realty
MLS#:10641797
Source:METROMLS
Price summary
- Price:$259,000
- Price per sq. ft.:$132.75
About this home
This distinctive property features a striking castle-inspired facade and versatile 8-room layout that works for owner occupants seeking flexibility with extra rooms, house hackers looking to offset their mortgage with roommate income, or investors seeking a practically turnkey rental. For investors, this property will perform over a 12% cap rate with over 20% cash-on-cash ROI when operated as co-living or PadSplit, making this an exceptional opportunity in today's market. The property needs some cosmetic updates but offers strong bones and immediate income potential for savvy buyers ready to capitalize on the growing demand for affordable, flexible housing.
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Home facts
- Year built:1995
- Listing ID #:10641797
- Updated:December 31, 2025 at 11:48 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:1,951 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1995
- Building area:1,951 sq. ft.
- Lot area:0.37 Acres
Schools
- High school:Martin Luther King Jr
- Middle school:Chapel Hill
- Elementary school:Browns Mill
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$259,000
- Price per sq. ft.:$132.75
- Tax amount:$5,304 (2025)
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