$810,000
$15K PRICE DROP

Estimated payment $6,008/month

Total Views 8,832
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near public transit
  • 2 Fireplaces
  • Tennis Courts
  • Oakhurst Elementary School Rated A
  • No HOA
  • Park

About This Home

15K PRICE REDUCTIONS!!!!!!!!! Seller is motivated and $40K below Appraisal value!!!! Bring your serious and prequalified Buyers and schedule a showing today!!!! Perfectly located turn-key income producing property in City of Decatur, close to shopping, restaurants, colleges, the Beltline, parks and trails. Conveniently within walking distance to Downtown Decatur, Oakhurst Village, and Agnes Scott University. The property is a historic home, modernized in 2008, featuring three spacious units. Very well upkeep, each unit blends contemporary amenities with historical accents, providing unique character and a home feel to each unit. It includes a large rear yard and parking for 2-3 cars, plus additional street parking. Its also perfect for owner-occupied with roommate plan, or in-law suite. Surrounded by million dollars home, this property is a great investment and can also be easily converted to a single family home and flip for huge profit. property was appraised below last Appraisal at $850,000! Property is very spacious at 3,764 sqft. Property is a Legal Triplex with 2 street level units and 1 side access city approved 3rd lower level unit. All three units have long term tenants with signed leases through mid 2026. APT A UNIT - 2 Bedroom 2 bathroom. Front door access. new paint, well-kept original hardwood floors, Fireplace, separate living and dining room, Large bedrooms, new appliances including washer/dryers. Unit has 2 levels with 2 bedrooms on ground floor. Owner has tenant in place at $1750.00. Market rent - $2100.00. APT B UNIT - 2 Bedroom 2 bathroom. Front Door access. New paint, Granite counters, original hardwood floors throughout, good size living room, dining/study room, historical fireplace and built-in wood hutch, new appliances including washer/dryers. 2 Bedrooms with back door access to a very large deck overlooking back yard. Owner has tenant in place at $1750.00. Market rent - $2100.00. APT C UNIT - 2 bedroom 1 full bathroom. Side Door Access. Tons of natural light. Large open floor plan. Full Kitchen with stainless steel appliances, Washer/Dryer. Rear bottom level access. Owner has tenant in place at $1600. Market rent - $1,800.00. Total estimate market rent is $6,000/month. Property has 2 NEW AC UNITS / 3 NEW Furnace. New Appliances throughout. Roof replaced in 2016. Large front porch and Rear deck, Concrete slab entrainment area in rear. Huge backyard with large walk-in Shed on property. Separate electricity and gas meters, paid by tenants. Water is paid by Owner.

Listing Agent

Erny Liauw

Virtual Properties Realty.com Brokerage Phone: 4047867778 License #400601 Listed on: 06/11/2025

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,255

Year Built

  • Built in 1925

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Frame
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • 2 Fireplaces

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Oakhurst Elementary School
  • Beacon Hill Middle School
  • Decatur High School

Additional Features

  • 9,583 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Oakhurst Subdivision

Recreation

  • Tennis Courts
  • Park

Building Details

  • Gross Income $5,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,255

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Levels: One and One Half
  • Lot Size Acres: .22
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Exterior Entry, Finished, Full, Interior Entry

Exterior Features

  • Construction Materials: Brick, Stone Frame, Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Tennis Court(s), Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oakhurst
  • High School: Decatur
  • Middle School: Beacon Hill
  • Elementary School: Oakhurst
  • Middle School: Beacon Hill
  • High School: Decatur

Lot Info

  • Deed Book: 27601
  • Deed Page: 722

Rental Info

  • Owner Pays: Water

Multi Family

  • Total Fireplaces: 2
  • GrossIncome: 5100
  • NumberOfUnitsTotal: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 18255

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,965 $348,400 $95,920 $252,480
2022 $17,878 $316,000 $70,000 $246,000
2021 $16,703 $285,800 $36,160 $249,640
2020 $12,962 $256,680 $36,160 $220,520
2019 $11,272 $194,200 $36,160 $158,040
2018 $8,120 $225,600 $36,160 $189,440
2017 $10,270 $178,800 $32,184 $146,616
2016 $4,279 $178,800 $32,184 $146,616
2014 -- $139,280 $36,000 $103,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Pending -- -- --
06/28/2025 06/28/25 Price Changed $810,000 -1.8% --
06/11/2025 06/11/25 For Sale $825,000 +23.1% --
05/13/2019 05/13/19 Sold $670,000 -4.1% $176 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $699,000 0.0% $184 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $699,000 0.0% $184 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $699,000 -- $184 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $670,000 --
Warranty Deed -- --
Warranty Deed $400,000 --
Deed $430,000 --
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $502,500 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $344,000 New Conventional
Previous Owner $350,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $187,500 New Conventional
Source: Public Records

Source: Georgia MLS

MLS Number: 10540221

Georgia MLS

APN: 15-236-02-157