Wholesale 3 for 1 Deal! – Salem Rd, Lithonia, GA 30038
All three at deep discounts. Perfect for flips, BRRRRs, or a small rental portfolio.
1️⃣ 5209 Salem Rd, Lithonia, GA 30038
🔗 Photos: https://drive.google.com/drive/folders/1f3mINioxVawlp7FVg3PDAnOFQHUQBJt6
Wholesale Price: $85,000
Beds/Baths: 3/1
Sq Ft: ~1,472
Lot: 0.51 acre
Built: 1909
Value Play:
At $80K, you’re in at ~$54/sq ft, which is far below the area’s renovated sales.
Relevant SOLD Comps (Renovated 3/2 or modernized 3-bed homes)
✔ 5030 Cheryl Ct – 3/2 – 1,200 sf – SOLD $240,000 (Renovated)
✔ 4948 Fairlake Dr – 3/2 – 1,392 sf – SOLD $255,000 (Renovated)
✔ 5085 Flakes Mill Rd – 3/2 – 1,350 sf – SOLD $248,000 (Renovated)
ARV Range:
➡️ $235,000 – $255,000+ depending on level of finish, layout upgrade, and adding a true 2nd bath.
2️⃣ 5331 Salem Rd, Lithonia, GA 30038
🔗 Photos: https://drive.google.com/drive/folders/1qLansZS5Vxa7GSzppcACj5l6gzlF8Tmu
Wholesale Price: $120,000
Beds/Baths: 3/1.5 (convertible to 3/2)
Sq Ft: ~1,202
Lot: 2 acres
Built: 1955
Value Play:
Brick structure + 2 full acres. Strong upside with a cosmetic-to-moderate renovation.
Relevant SOLD Comps:
✔ 5061 Flakes Mill Rd – 3/2 – 1,350 sf – SOLD $250,000
✔ 5044 Fairlake Dr – 3/2 – 1,220 sf – SOLD $242,000
✔ 5080 Biffle Rd – 3/2 – 1,260 sf – SOLD $260,000
ARV Range:
➡️ $240,000 – $265,000+ (land value gives this one extra ceiling).
3️⃣ 5263 Salem Rd, Lithonia, GA 30038
🔗 Photos: https://drive.google.com/drive/folders/179lhD3E7t7CGH0Wxm5gHAZLQh07IOAtF
Wholesale Price: $120,000
Beds/Baths: 3/1
Sq Ft: ~1,175
Lot: 0.49 acre
Built: 1961
Value Play:
Ideal flip: good footprint and easily upgraded to a modern 3/2.
Relevant SOLD Comps:
✔ 5308 Salem Springs Ct – 3/2 – 1,140 sf – SOLD $233,000
✔ 5291 Flakes Mill Rd – 3/2 – 1,180 sf – SOLD $245,000
✔ 5078 Flakes Mill Rd – 3/2 – 1,260 sf – SOLD $252,000
ARV Range:
➡️ $230,000 – $250,000+
📊
Perfect for flips or long-term BRRRR plays with equity at closing.
