$1,250,000

Estimated payment $8,553/month

Total Views 2,421
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.43 Acre Lot
  • Wood Flooring
  • Property is near shops
  • Westchester Elementary School Rated A
  • Four Sided Brick Exterior Elevation
  • Central Air

About This Home

Rare opportunity to own a fully occupied, 6-unit apartment building in the City of Decatur. 3 ground-level apartments and 3 2nd-floor apartments. Each unit features 2 bedrooms and 1 bathroom, front and rear entrance, central HVAC and is all electric, separately metered for power. Shared, coin-operated laundry facility in unfinished basement. Off-street parking for 6 cars with additional street parking. Reliable, long-term tenants (no late payers). Well-maintained, 4-sided brick building with recently painted exterior metal stairways and balconies. Prime location near shops and restaurants or downtown Decatur. Showings are only permitted during Due Diligence with approved appointment. Please DO NOT disturb tenants.

Listing Agent

Branagan Dunn

Realty Associates of Atlanta, LLC. License #326144 Listed on: 06/10/2025

Co-Listing Agent

Emily Hogan

Realty Associates of Atlanta, LLC. License #331292

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,784

Year Built

  • Built in 1968

Lot Details

  • 0.43 Acre Lot

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Insulated Windows

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • Parking Lot

Location

  • In Flood Plain
  • Property is near shops

Schools

  • Westchester/Fifth Avenue Elementary School
  • Beacon Hill Middle School
  • Decatur High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 18 004 19 046

Community Details

Overview

  • 6 Units
  • Chelsea Heights Subdivision

Recreation

  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,784

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Condition: Resale
  • Year Built: 1968
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Window Features: Insulated Windows

Exterior Features

  • Construction Materials: Brick, Brick 4 Sides
  • Roof Type: Composition
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 6
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Shopping, Near Trails/Greenway, Sidewalks, Street Lights
  • Subdivision Complex: Chelsea Heights

Fee Information

  • Annual Expenses: 20859

Schools

  • Elementary School: Westchester/Fifth Avenue
  • Middle School: Beacon Hill
  • High School: Decatur

Lot Info

  • Acres: 0.4340
  • Lot Features: Flood Plain
  • Parcel Number: 18 004 19 046
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 6
  • Number Of Units Total: 6

Tax Info

  • Taxes: 19784.00
  • Assessor Parcel Number: 18-004-19-046
  • Tax Year: 2024

MLS Schools

  • Elementary School: Westchester/Fifth Avenue
  • High School: Decatur
  • Middle School: Beacon Hill

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

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $1,250,000 0.0% --
06/07/2018 06/07/18 Rented $1,250 0.0% --
06/06/2018 06/06/18 Under Contract -- -- --
05/15/2018 05/15/18 Price Changed $1,250 -3.8% --
05/07/2018 05/07/18 Price Changed $1,300 -3.7% --
04/17/2018 04/17/18 Price Changed $1,350 -6.9% --
04/12/2018 04/12/18 For Rent $1,450 0.0% --
04/11/2018 04/11/18 Under Contract -- -- --
03/27/2018 03/27/18 For Rent $1,450 0.0% --
11/30/2017 11/30/17 Sold $850,000 -14.1% --
10/13/2017 10/13/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $989,000 0.0% --
09/18/2017 09/18/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $989,000 -- --
Source: First Multiple Listing Service (FMLS)

Source: First Multiple Listing Service (FMLS)

MLS Number: 7595451

First Multiple Listing Service (FMLS)