$440,000
$10K PRICE DROP

3583 Midway Rd Decatur, GA 30032

Estimated payment $2,909/month

Total Views 5,268
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Ceiling Fan

About This Home

Amazing multi-family investment opportunity in Decatur! First level features a one bedroom one bath unit and upper level boasts two studio units each with full baths and kitchens. All furniture is included in the purchase. So much potential in this 3 bed 3 bath triplex in a prime area just 5 minutes from Avondale Estates and 10 from downtown Decatur. Take advantage of an FHA loan and put as little as 3.5% down and occupy one unit while renting the other two out. This great deal won't last, make an appointment to see this amazing property today!

Listing Agent

Jonathan Rodriguez

Keller Williams Realty License #377510 Listed on: 01/23/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,747

Year Built

  • Built in 1987

Lot Details

  • 0.3 Acre Lot

Home Design

  • Triplex
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Parking

  • Parking Pad
  • Parking Accessed On Kitchen Level

Schools

  • Peachcrest Elementary School
  • Mary Mcleod Bethune Middle School
  • Towers High School

Utilities

  • Central Air
  • Underground Utilities

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,747

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1987
  • Levels: Two
  • Lot Size Acres: .30
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Concrete
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Kitchen Level, Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Peachcrest
  • High School: Towers
  • Middle School: Mary Mcleod Bethune
  • Elementary School: Peachcrest
  • Middle School: Mary Mcleod Bethune
  • High School: Towers

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5747

Multi Family

  • GrossIncome: 31200
  • NumberOfUnitsTotal: 3

Map

Range of Values:

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Average Value
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Sold Price
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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 $5,671 $123,000 $22,480 $100,520
2022 $4,439 $94,000 $14,400 $79,600
2021 $3,736 $78,000 $14,400 $63,600
2020 $2,595 $52,000 $14,400 $37,600
2019 $1,923 $61,320 $14,400 $46,920
2018 $2,082 $36,680 $3,040 $33,640
2017 $1,257 $21,400 $3,040 $18,360
2016 $1,441 $25,520 $3,040 $22,480
2014 $978 $14,680 $3,040 $11,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Price Changed $440,000 -1.1% --
04/14/2025 04/14/25 Price Changed $445,000 -1.1% --
03/07/2025 03/07/25 For Sale $450,000 0.0% --
02/05/2025 02/05/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $450,000 +12.5% --
03/14/2024 03/14/24 For Sale $400,000 0.0% $156 / Sq Ft
03/13/2024 03/13/24 Sold $400,000 0.0% $156 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/08/2024 03/08/24 Off Market $400,000 -- --
02/13/2024 02/13/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $400,000 -7.0% $156 / Sq Ft
11/11/2023 11/11/23 For Sale $430,000 0.0% $168 / Sq Ft
11/01/2022 11/01/22 Rented $1,350 0.0% --
10/06/2022 10/06/22 For Rent $1,350 0.0% --
08/16/2022 08/16/22 Under Contract -- -- --
07/19/2022 07/19/22 Price Changed $1,350 -9.9% $1 / Sq Ft
07/17/2022 07/17/22 For Rent $1,499 0.0% --
04/07/2020 04/07/20 Sold $195,000 -40.0% $76 / Sq Ft
04/06/2020 04/06/20 For Sale $324,900 0.0% $127 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $324,900 -- $127 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $400,000 --
Warranty Deed $195,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $74,000 New Conventional
Previous Owner $94,250 Stand Alone Second
Source: Public Records

Source: Georgia MLS

MLS Number: 10444958

Georgia MLS

APN: 15-219-02-013