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2083 Mallard Way

Lithonia, GA 30058

3 beds
2 baths
– sqft
8,712 sqft lot
1987 build
– on site

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Looking for cashflow? You found it! This turnkey coliving rental property generates $3,800 per month, and is a 12.0% cap rate when you factor expenses. A seasoned PadSplit, this home is in a great location close to expressways, shopping, and public transportation. This property is sold leased to a PadSplit LLC, and it can be terminated with 30 day notice by the landlord. An experienced Superhost is also available, making this property ideal for any investor, no matter their capacity. This house is set up with 6 rooms, as the dining room, living room, have been converted to bedrooms. PadSplit helps members save money and live closer to work, while providing 2x returns to investors compared to a typical rental. Google "PadSplit hosts" to learn more. Part of a Portfolio.

Listing courtesy of GAMLS / Rodney Campbell / Realty Hub of Georgia, LLC

Last checked: Checking… • Last updated Jan 10, 2025 •

MLS# 10413774 —

The Building

Year Built:

1987
Construction Materials:

Wood Siding
Architectural Style:

Ranch
Structure Type:

House
Roof:

Concrete, Tile
Levels:

One
Basement:

None
Living Area Source:

Public Records
Window Features:

Double Pane Windows

Interior

Interior Features:

Master On Main Level
Flooring:

Tile, Vinyl
Rooms:

Laundry

Financial & Terms

Home Warranty:

No
Possession:

Close Of Escrow

Location

Latitude:

33.727951
Longitude:

-84.158122

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Resale
Lot Features:

Level
Lot Size Acres:

0.2
Lot Size Source:

Public Records
Parcel Number:

16 059 01 256
Leased Land:

No
Land Lot:

78
Waterfront Footage:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$1,600

Beds

Bedrooms:

3
Bed Main:

3

Baths

Full Baths:

2
Main Level Full Baths:

2

The Listing

Financing Type:

Conventional

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

None
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dryer, Gas Water Heater, Oven/Range (Combo), Refrigerator
Laundry Features:

In Kitchen

Schools

District:

04
Elementary School:

Panola Way
Elementary Bus:

Yes
Middle School:

Miller Grove
Middle School Bus:

Yes
High School:

Miller Grove
High School Bus:

Yes

The Community

Subdivision:

Leisure Valley
Community Features:

Street Lights
Association:

No
Association Fee Includes:

Maintenance Grounds

Parking

Parking Features:

Garage

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/9/25 Jan 9, 2025	Sold	GAMLS	$168,000	-20.0%
12/20/24 Dec 20, 2024	Pending	GAMLS	$210,000
11/14/24 Nov 14, 2024	Listed / Active	GAMLS	$210,000

House Sold on 1/9/2025

$168,000

Listing provided by broker:

Rodney Campbell

Realty Hub of Georgia, LLC

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Listing Courtesy of: GAMLS and Realty Hub of Georgia, LLC.

© 2025 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

2083 Mallard Way

Lithonia, GA 30058