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Old Decatur Multifamily Home for Sale

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    $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

Why Live in Old Decatur

Old Decatur is a historic neighborhood known for its Victorian-style architecture and a handful of Greek Revival homes that survived the Civil War. The community features a mix of cottages and townhomes, primarily around Line and Ferry streets, with larger homes also available. The neighborhood is committed to preserving its historical character, overseen by a historic preservation committee. Sidewalks are common, making it easy to walk to local amenities. Notable attractions include the Carnegie Visual Arts Center, Rhodes Ferry Park, and Frazier Park, each offering unique cultural and recreational experiences. Delano Park, about a mile away, provides tennis courts, a basketball court, and a garden filled with local plants and sculptures. Point Mallard Park, less than 5 miles east, offers a water park, golf course, and campgrounds. Dining options include Simp McGhee’s, 609 Social Market & Provisions, and B.B. Perrin’s Sports Grille. While the neighborhood lacks grocery stores, a Walmart Neighborhood Market is less than two miles away, and Decatur Mall is under 5 miles away for retail shopping. The area is safer than the national average, and students attend Decatur High School, which has a high rating and offers specialized Career Academies. The neighborhood is bordered by U.S. 72 Alternate, providing access to I-65 and I-565, with Huntsville International Airport about 15 miles away.

Home Trends in Old Decatur, AL

Housing Trends

Median Sale Price
$317,500
Median Single Family Sale Price
$359,000
Median Townhouse Sale Price
$295,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
13
Last 12 months Home Sales
10
Months of Supply
15.60
Median List Price
$389,415
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-20%
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