2284 Emerald Springs Dr, Decatur, GA, 30035
About This Home
Calling all real estate investors looking for their next investment! 2284 Emerald Springs Drive in Decatur presents a fantastic opportunity to acquire a property with a potential 13% cap rate. This 9-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong financial history. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. Incredibly close to MARTA (6-minute walk to the nearest bus station) 2284 Emerald Springs is an excellent location for occupants who live and work in Metro Atlanta. With I-20 and 285 intersecting just west of the property, getting around Metro Atlanta is as easy as 1-2-3. Make this cash-flowing winner a part of your real estate portfolio today!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1972
Materials
- Foundation: Block
- Roof: Composition
- Construction materials: Brick 4 Sides,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Disposal,Electric Oven,Electric Range,Electric Water Heater,Microwave,Range Hood,Refrigerator
- Laundry features: In Garage,Lower Level
Basement
- Has basement: Yes
- Basement: Daylight,Exterior Entry,Finished,Finished Bath,Interior Entry,Walk-Out Access
Bedroom
- Features: Other
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 5
Dining Room
- Features: Separate Dining Room
Features
- Central Vacuum,Entrance Foyer,Entrance Foyer 2 Story,High Speed Internet
- Window features: None
- Flooring: Carpet,Luxury Vinyl,Tile
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 1,932
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Ceiling Fan(s),Central Air,Electric,Zoned
Interior Area
- Total structure area: 1,932
- Total interior livable area: 1,932 sqft
Kitchen
- Features: Cabinets Stain, Eat-in Kitchen, Pantry, Solid Surface Counters
Master Bathroom
- Features: Tub/Shower Combo
Master Bedroom
- Features: Other
- Level: Other
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 15 132 10 028
- Other equipment: None
- Horse amenities: None
Features
- Levels: Multi/Split
- Pool features: None
- Patio & porch: Deck
- Exterior features: Private Yard,Rain Gutters
- Spa features: None
- Fencing: Back Yard,Chain Link
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Waterbody name: None
Lot
- Lot size: 0.29 Acres
- Features: Back Yard,Front Yard,Private
- Lot size dimensions: 75x166x171x75
Parking
- Parking features: Driveway,Level Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Cold Wave
- Hail
- Inland Flooding
- Ice Storm
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,567 | $18,804 |
| Home Insurance * | $305 | $3,660 |
| Property Taxes | $240 | $2,880 |
| Electricity | $219 | $2,637 |
| Total | $2,331 | $27,972 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-19 | Listed for sale | $309,900 |
| 2025-08-20 | Listing removed | $344,900 |
| 2025-05-07 | Price change | $344,900 |
| 2025-02-21 | Listed for sale | $354,500 |
| 2023-11-06 | Sold | $265,000 |
| 2023-10-04 | Pending sale | $275,000 |
| 2023-09-19 | Price change | $275,000 |
| 2023-09-06 | Price change | $295,000 |
| 2023-07-28 | Price change | $339,900 |
| 2023-07-23 | Price change | $379,000 |
| 2023-07-13 | Listed for sale | $400,000 |
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