📦 Wholesale 3-Pack – 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.