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Decatur, AL Multifamily Homes & Duplexes for Sale

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  • /24

    $958,000

    • 9,336 Sq Ft

    2415 Gaslight Place SW, Decatur, AL 35603

    Welcome to this well-maintained 8 unit multifamily property, offering spacious and thoughtfully designed 2-bedroom, 1.5-bathroom units. Whether you're an investor looking for steady rental income or an owner-occupant seeking to offset your mortgage, this versatile property is a must-see! Each unit features Two generously sized bedrooms with ample closet space, a full bathroom upstairs and a

    Ryan Summerford Redstone Realty Solutions-DEC

    2415 Gaslight Place SW, Decatur, AL 35603
  • /36

    $384,900

    • 4 Beds
    • 2.5 Baths
    • 2,264 Sq Ft

    35 Winchester Dr, Decatur, AL 35603

    This lovely home in the Priceville school district offer everything you could be asking for and much more. The 4 bedroom 2.5 bath house offers a large back covered patio area directly off the large open kitchen and family room plan. The kitchen offers a large island with all SS appliances. The main living areas have hardwood flooring throughout. A split bedroom lay out with the primary

    Mark Mizell

    35 Winchester Dr, Decatur, AL 35603
  • /24

    $455,000

    • 4,668 Sq Ft

    2411 Gaslight Place SW, Decatur, AL 35603

    Welcome to this well-maintained 4 unit multifamily property, offering spacious and thoughtfully designed 2-bedroom, 1.5-bathroom units. Whether you're an investor looking for steady rental income or an owner-occupant seeking to offset your mortgage, this versatile property is a must-see! Each unit features Two generously sized bedrooms with ample closet space, a full bathroom upstairs and a

    Ryan Summerford Redstone Realty Solutions-DEC

    2411 Gaslight Place SW, Decatur, AL 35603
  • /6

    $245,000

    • 3,624 Sq Ft

    202 Somerville Rd SE Unit SE, Decatur, AL 35601

    PORTFOLIO SALE ONLY: This is an estate sale, not available individually. There are three 4-plexes and one duplex making a 14-unit portfolio with package price of $1,550,000. All properties are occupied and in good condition, no deferred maintenance, located conveniently near shopping and restaurants. Package includes four addresses: 1816 Glenn Street, 1803 Graymont Lane, 1809 Windover Place, and

    Len Johnson Gateway AL Realty Group LLC

    202 Somerville Rd SE Unit SE, Decatur, AL 35601
  • /13

    $435,000

    • 3,448 Sq Ft

    1803 Graymont Ln SW, Decatur, AL 35603

    PORTFOLIO SALE ONLY: This is an estate sale, not available individually. There are three 4-plexes and one duplex making a 14-unit portfolio with package price of $1,550,000. All properties are occupied and in good condition, no deferred maintenance, located conveniently near shopping and restaurants. Package includes four addresses: 1816 Glenn Street, 1803 Graymont Lane, 1809 Windover Place, and

    Len Johnson Gateway AL Realty Group LLC

    1803 Graymont Ln SW, Decatur, AL 35603
  • /11

    $435,000

    • 3,448 Sq Ft

    1809 Windover Place SW, Decatur, AL 35603

    PORTFOLIO SALE ONLY: This is an estate sale, not available individually. There are three 4-plexes and one duplex making a 14-unit portfolio with package price of $1,550,000. All properties are occupied and in good condition, no deferred maintenance, located conveniently near shopping and restaurants. Package includes four addresses: 1816 Glenn Street, 1803 Graymont Lane, 1809 Windover Place, and

    Len Johnson Gateway AL Realty Group LLC

    1809 Windover Place SW, Decatur, AL 35603
  • /17

    $435,000

    • 3,448 Sq Ft

    1816 Glenn St SW Unit SW, Decatur, AL 35603

    PORTFOLIO SALE ONLY: 100% occupied. This is an estate sale, not available individually. There are three 4-plexes and one duplex making a 14-unit portfolio with package price of $1,550,000. All properties are occupied or rent ready and in good condition, no deferred maintenance, located conveniently near shopping and restaurants. Package includes four addresses: 1816 Glenn Street, 1803 Graymont

    Len Johnson Gateway AL Realty Group LLC

    1816 Glenn St SW Unit SW, Decatur, AL 35603
  • /15

    $799,000

    • 7,654 Sq Ft

    422 Lafayette St NE, Decatur, AL 35601

    • 8-unit apartment complex in downtown Decatur. • 5- 2 bedroom 1 bath units • 3-1-bedroom 1 bath units • One building is 3,878+/- SQ FT and one is 3,776 +/- SQ FT fully brick with shingle roof • Corner lot at the intersection of Lafayette ST and Well ST • Electricity recently updated each unit has a new breaker box • All units have heating and cooling • 10 on-site parking spaces with extra

    Shane Odom MarMac Real Estate

    422 Lafayette St NE, Decatur, AL 35601
  • /20

    $420,000

    • 3,448 Sq Ft

    201 8th Ave SW, Decatur, AL 35601

    Please do not disturb tenants. Tenants pay trash and electric. Owner pays water/sewer, lawn care, maintenance. In 2023 & 2024 units were renovated with updates and upgrades such as modern paint decor, new LED light fixtures, new brushed nickel door knobs and cabinet hardware, some units received granite counter-tops in kitchen and bath, new stainless kitchen appliance package, new LVP in the

    Len Johnson Gateway AL Realty Group LLC

    201 8th Ave SW, Decatur, AL 35601
  • /24

    $730,000

    • 5,854 Sq Ft

    2005 Morgan Ave SW, Decatur, AL 35601

    This property includes a single-family residence and a 5-unit apartment building. Excellent opportunity to begin a profitable real estate portfolio. Property is well maintained and includes recent renovations. Additional 4-unit property is available at 201 8th Avenue, Decatur, AL for additional $420,000.

    Len Johnson Gateway AL Realty Group LLC

    2005 Morgan Ave SW, Decatur, AL 35601

Why Live in Decatur

Decatur's cultural scene centers around the historic Princess Theatre Center for the Performing Arts and the innovative Cook Museum of Natural Science. The Tennessee River shapes daily life, with Rhodes Ferry Park providing waterfront recreation and Wheeler National Wildlife Refuge attracting diverse wildlife species. Point Mallard Park features a seasonal water park and golf course, while the Old Decatur and Albany Historic Districts showcase preserved Victorian and Craftsman architecture. Local dining includes the renowned Big Bob Gibson Bar-B-Q and upscale Simp McGhee's, known for New Orleans-inspired seafood.

The housing market in Decatur includes approximately 400 homes for sale, with prices ranging from $138,000 to $845,000. The median sale price for single-family homes is $252,000, while townhomes have a median price of $216,500. Two-bedroom condos command a median price of $490,900. Neighborhood prices vary significantly: Old Decatur's single-family homes have a median price of $425,000, while West Decatur's median is $130,500. Burningtree features luxury homes with a median price of $465,000.

Living costs in Decatur run 15.8% below the national average. A family with school-age children needs approximately $90,000 annually to live comfortably, while renters should aim for $46,000. Property taxes are favorable at 0.35%, lower than Huntsville and Madison at 0.4%. The combined sales tax rate is 9.43%. Groceries cost 4.1% below the national average, and gas prices at $2.929 per gallon stay 9.7% below national figures.

The education system includes highly rated public schools like Brookhill Elementary and Leon Sheffield Magnet Elementary School, both rated A by Niche. Decatur Heritage Christian Academy, serving Flint City, maintains an A minus rating across elementary through high school levels.

Home Trends in Decatur, AL

Housing Trends

Median Sale Price
$241,900
Median Single Family Sale Price
$268,300
Median Townhouse Sale Price
$210,213
Average Price Per Sq Ft
$159
Number of Homes for Sale
39
Last 12 months Home Sales
198
Months of Supply
2.40
Median List Price
$269,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-35%
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