Decatur AL Multi Family for Sale

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Type:
Other
Sq.Ft.:
1,724
Status:
Active
Beds:
n/a
Lot size:
0.39 Acres
Baths:
MLS#:
21872510
Subdivision:
Glenmier

ADDITIONAL INFORMATION

Recently updated fourplex available with 2 units occupied. Do NOT disturb the tenants. All units are 2 bedroom and 1 bath. Fresh paint and new flooring in each unit. Tenants pay all utilities.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1956
Baths:
MLS#:
21394421
Subdivision:
NONE

ADDITIONAL INFORMATION

Fully leased at $1100/ unit/mo. Restaurants shopping nearby, great investment income. At present 6% Cap rate

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1986
Baths:
MLS#:
21394353
Subdivision:
NONE

ADDITIONAL INFORMATION

This portfolio consists of three (3) Quadplexes, each with two bedroom/1bath units. All three properties are professionally managed and have had upgrades. These 3 properties are being sold only as a package AS IS" No showings until offer is accepted and proof of funds. Showings only during inspection period. The properties are owner managed and are well maintained. Current rents are well below the market rents making this value- The portfolio includes 1816 Glenn Street, 1803 Graymont Lane, and 1809 Windover Plan, Decatur, AL. Rent roll and expenses are in photos. REFER TO Photos for information on all 3 buildings. Total Price $1,299,000. Current T-12 5% CAP rate

Type:
Other
Sq.Ft.:
3,526
Status:
Active
Beds:
n/a
Year built:
1985
Baths:
MLS#:
21866040
Subdivision:
Fairview Land Company

ADDITIONAL INFORMATION

PORTFOLIO SALE ONLY: This is part of an 18-unit portfolio, priced at $2,000,000. Properties are not available individually, 2-bedroom units with W/D hookups. Do not disturb the tenants. This is part of an 18-unit portfolio, priced at $2,000,000. Addresses 1203 North St SE, 201 8th Ave, 2005 Morgan Ave, and 1221 Grant St must be sold together. Do not disturb the tenants, showings after executed contract, pre-approval and proof of funds required with all offers. Beautiful location, great neighborhood. Convenient to work and shopping. Tenants pay water/sewer/trash/electric. Beautiful granite countertops in renovated units.

Type:
Other
Sq.Ft.:
3,448
Status:
Active
Beds:
n/a
Year built:
1986
Baths:
MLS#:
21866038
Subdivision:
Little John

ADDITIONAL INFORMATION

PORTFOLIO SALE ONLY: This property is not available for sale individually but is part of an 18-unit portfolio, priced at $2,000,000. Addresses 1203 North St SE, 201 8th Ave SW, 2005 Morgan Ave, and 1221 Grant St SE are being sold as a portfolio. Please do not disturb tenants. 2-bedroom units, W/D hookups, new roof and gutters, Tenants pay trash and electric. Owner pays water/sewer, lawn care, maintenance. Pre-approval letter and down payment proof of funds required with all offers. Refer to the other 3 listings for full details of this portfolio. Rent rolls are available under documents.

Type:
Other
Sq.Ft.:
3,526
Status:
Active
Beds:
n/a
Year built:
1985
Baths:
MLS#:
21866043
Subdivision:
Decatur Land Company

ADDITIONAL INFORMATION

PORTFOLIO SALE ONLY: This property is not for sale individually only as a multifamily portfolio that includes the following addresses: 2005 Morgan Avenue has one 3-bedroom single-family rental house and a 5-unit apartment building located on the same lot, 1221 Grant Street has four 2-bedroom units, 1203 North Street has 4 two-bedroom units, and 201 8th Avenue has 4 two-bedroom units, portfolio price is $2,000,000. All properties are in great locations and have received recent improvements and upgrades. Most units have LVP flooring and several units have granite countertops.

Type:
Other
Sq.Ft.:
5,854
Status:
Active
Beds:
n/a
Year built:
1984
Baths:
MLS#:
21866035
Subdivision:
Railroad Association

ADDITIONAL INFORMATION

PORTFOLIO SALE ONLY: Not for sale individually but as an 18-unit portfolio, total price is $2,000,000. Preapproval and proof of funds required when submitting offers. Portfolio includes 2005 Morgan Ave, a 3-bedroom/2-bath, LR and Den have received updates and an apartment building with five 2-bedroom/1-bath units, with laundry hookups, some updated units include granite countertops. Additional portfolio addresses are 1221 Grant Street SE, 1203 North Street SE, 201 8th Avenue SW, Decatur, AL. View rent rolls by clicking on "D" next to photo. Additional financials are available, please request by email.

Type:
Other
Sq.Ft.:
3,526
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1985
Baths:
MLS#:
21865850
Subdivision:
Metes And Bounds

ADDITIONAL INFORMATION

PORTFOLIO SALE ONLY: This is one part of a two part portfolio, strong investment opportunity. Value add with increased rents, well maintained four-plex multifamily properties, total price is $880,000 and includes a total of 8 units. All units are 2-bedroom/1-bath, with laundry hookups, some updated units include granite countertops. The properties are not available individually. The package consist of two 4-plex buildings at 1814 and 1818 Glenn Street, Decatur, AL.

Type:
Other
Sq.Ft.:
3,448
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1985
Baths:
MLS#:
21865849
Subdivision:
Metes And Bounds

ADDITIONAL INFORMATION

PORTFOLIO SALE ONLY: This property is not available individually. Strong investment opportunity. Value add with increased rents, well maintained four-plex multifamily properties, total price is $880,000 and includes a total of 8 units. All units are 2-bedroom/1-bath, with laundry hookups, some updated units include granite countertops. The package consist of 1814 and 1818 Glenn Street, Decatur, AL. Please request by financials by email. No showings without executed contract. Preapproval and proof of funds required with offers

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Andrea D. Conner, License 000112954-0, Xome Inc., License C000100267, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the cooperative data exchange program of the ValleyMLS.com. Real estate listings held by brokerage firms other than the owner of this site are marked with the IDX logo (Broker Reciprocity) or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 ValleyMLS.com. All rights reserved.
Andrea D. Conner, License 000112954-0, Xome Inc., License C000100267, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Listing information is being provided by the Greater Alabama Multiple Listings Service, Inc.. Information deemed reliable but not guaranteed and should be independently verified. Information is provided 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. Copyright 2024 Greater Alabama Multiple Listing Service, Inc. All rights reserved.



Decatur Real Estate

The median home value in Decatur, AL is $252,500. This is higher than the county median home value of $197,200. The national median home value is $338,100. The average price of homes sold in Decatur, AL is $252,500. Approximately 59.34% of Decatur homes are owned, compared to 32.58% rented, while 8.08% are vacant. Decatur real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Decatur real estate agent to arrange a tour today!

Decatur, Alabama has a population of 57,303. Decatur is less family-centric than the surrounding county with 25.59% of the households containing married families with children. The county average for households married with children is 28.38%.

The median household income in Decatur, Alabama is $52,539. The median household income for the surrounding county is $56,128 compared to the national median of $69,021. The median age of people living in Decatur is 40.6 years.

Decatur Weather

The average high temperature in July is 89.4 degrees, with an average low temperature in January of 30.2 degrees. The average rainfall is approximately 53.6 inches per year, with 1.5 inches of snow per year.

Decatur Real Estate Market Conditions

  • Median sales price

    $252,500
    19.8% change since last quarter
  • # Active listings

    381
    30-day change

Decatur Schools and Demographics

Education near Decatur, AL

Metric City County
High School Graduates 83.7 84.69
College Degree - 2 year 8.87 9.01
College Degree - 4 year 23.65 22.76
Graduate Degree 5.32 5.52
Expenditures per Student 12,058 12,058
Students per Teacher 17.8 17.8

Elementary Schools near Decatur, AL

School Grades Students P/T Ratio ZIP
Athens Elementary School PK - 04 402 19.1 35611
Austinville Elementary School PK - 05 356 17.5 35601
Banks-Caddell Elementary School PK - 05 494 15.2 35601
Benjamin Davis Elementary School KG - 02 255 16.6 35601
Blue Springs Elementary School KG - 05 456 14.3 35611
Brookhill Elementary School KG - 04 346 18.2 35611
Chestnut Grove Elementary School PK - 05 433 15.2 35603
East Lawrence Elementary School KG - 04 567 16.7 35673
Eastwood Elementary School PK - 05 233 15.4 35601
Frances Nungester Elementary School PK - 05 367 16.4 35603
James L Cowart Elementary School KG - 04 287 16.9 35611
Julian Harris Elementary School KG - 05 386 17.1 35603
Julian Newman Elementary School KG - 04 392 17.8 35611
Leon Sheffield Magnet Elementary School 03 - 05 359 16.8 35601
Priceville Elementary School KG - 05 727 19.1 35603
Somerville Road Elementary School PK - 05 440 15.5 35601
Walter Jackson Elementary School KG - 05 295 16.2 35601
West Decatur Elementary School PK - 05 306 16.7 35601
West Morgan Elementary School KG - 04 563 16.2 35673
Woodmeade Elementary School PK - 05 343 13.7 35601

Middle Schools near Decatur, AL

School Grades Students P/T Ratio ZIP
Athens Intermediate School 05 - 06 475 18.3 35611
Athens Middle School 07 - 08 557 19.5 35611
Brookhaven Middle School 06 - 08 392 15.1 35601
Cedar Ridge Middle School 06 - 08 858 17.9 35603
East Lawrence Middle School 05 - 08 416 24.1 35673
Oak Park Middle School 06 - 08 653 17.2 35601
Priceville Junior High School 06 - 08 361 21.8 35603
West Morgan Middle School 05 - 08 388 20.2 35673

High Schools near Decatur, AL

School Grades Students P/T Ratio ZIP
Athens High School 09 - 12 961 18.3 35611
Austin High School 09 - 12 1,420 15.1 35601
Clements High School 06 - 12 590 20.9 35611
Decatur High School 09 - 12 963 14 35601
East Lawrence High School 09 - 12 371 17.5 35673
Priceville High School 09 - 12 443 18.3 35603
West Morgan High School 09 - 12 375 17.9 35673

Ungraded Schools near Decatur, AL

School Grades Students P/T Ratio ZIP
* Horizon High School 08 - 12 0 0 35601
Long Term Case KG - 12 0 35601
Morgan County Learning Center 06 - 12 0 0 35601
Tanner High School KG - 12 863 16.4 35671

Demographics near Decatur, AL

Metric City County
Neighborhood Type Suburban
Population 57,303 122,608
Population Density 1,059 212
Median Age 40.6 40.6
People per Household 2.4 2.5
Median Household Income 52,539 56,128
Average Income per Capita 31,010 30,412