He was 83.
Though his cause of death was not yet determined, police said the author had wounds to his neck and face, which also showed evidence of asphyxiation.
Investigators believe Koumandareas went out last night with friends not far from his neighbourhood, which is close to the city centre.
Police were still piecing together what happened next and have not indicated a possible motive for the crime.
Koumandareas wrote some 20 novels, short story collections and essays starting in the 1960s, and he twice won the state prize for novels. His writing has been translated into several languages.
Over the past half-century Koumandareas has expressed with his unparallelled sensitivity and personal style the hopes of contemporary man and society."
Known also for translating Ernest Hemingway and F Scott Fitzgerald, Koumandareas drew sober portraits in his works "Koula" and the "Glass Factory" of post-war Greek society with a focus on Athens' middle class and shopkeepers.
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