Decatur 4-unit Multifamily Portfolio

201 8th Ave SW, Decatur, AL 35601

  • For Sale $425,000
  • Property Type Multi-Family
  • Property Size 3,448 SF
  • Units 4
  • Lot Size 0.29 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1986
  • Year Renovated 2024
  • Date Updated Dec 11, 2024
Nestled in Decatur, a city brimming with charm and opportunity, the location presents a wealth of amenities and conveniences for residents. With a variety of dining options, shopping destinations, and entertainment venues just moments away, residents enjoy a vibrant and dynamic community. Parks, schools, and healthcare facilities are easily accessible, ensuring a convenient and fulfilling lifestyle. The area's strong rental market and growing economy offer favorable conditions for real estate investment. Nearby attractions such as Point Mallard Park, Cook's Natural Science Museum, and the Wheeler National Wildlife Refuge provide residents with endless opportunities for leisure and exploration.At 201 8th Avenue, new roof and gutters, Tenants pay trash and electric. Owner pays water/sewer, lawn care, maintenance. Pre-approval letter and down payment proof of funds required with all offers. Can be purchased as a portfolio package for an additional $735,000 for 5 more units and a single-family house located at 2005 Morgan Avenue SW, Decatur, AL.
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Highlights

  • - Two new water heaters, 2023 & 2024
  • - One new HVAC, 2023
  • - New roof and gutters, 2024
  • - Vacant units recently renovated with updates
  • - Value-add opportunity
  • - Conveniently located near shopping, entertainment, and workplaces

Contacts

broker
Len Johnson

Gateway Alabama Realty Group

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Decatur, AL
  • Zip Code 35601
  • Market Huntsville

Points of Interest

  • Fuel station

    1.22 miles

  • Walmart

    1.42 miles

  • Mapco

    1.98 miles

  • Texaco

    2.05 miles

  • RaceWay

    2.09 miles

  • Phillips 66

    2.86 miles

  • Wally's

    2.89 miles

  • Shell

    3.10 miles

  • Kroger

    3.19 miles

  • Murphy USA

    3.22 miles

  • Lot 19C

    3.92 miles

  • Lot 19A

    4.00 miles

  • Lot 19B

    4.03 miles

  • Lot 17A

    4.03 miles

  • Lot 20B

    4.08 miles

  • Lot 15A

    4.08 miles

  • Lot 20A

    4.10 miles

  • Lot 16B

    4.15 miles

  • Student/Faculty

    4.15 miles

  • Lot 10B

    4.19 miles

  • Fairfield Inn & Suites

    0.72 miles

  • DoubleTree

    1.26 miles

  • Home2 Suites by Hilton Decatur Ingalls Harbor

    1.37 miles

  • Sleep Inn & Suites

    1.96 miles

  • Holiday Inn Express

    2.08 miles

  • Best Western

    2.08 miles

  • Residence Inn

    2.10 miles

  • Courtyard

    2.15 miles

  • Hampton Inn Decatur

    2.18 miles

  • Quality Inn Decatur River City

    2.23 miles

  • Bank Street Grill

    0.96 miles

  • Let's Do Lunch

    0.99 miles

  • Zaxby's

    1.01 miles

  • Mi Hacienda

    1.07 miles

  • Jack's

    1.09 miles

  • Hardee's

    1.18 miles

  • Whitt's Barbeque

    1.25 miles

  • McDonald's

    1.45 miles

  • El Palomino

    1.64 miles

  • Hard Dock

    1.73 miles

  • West Decatur Elementary School

    0.41 miles

  • Benjamin Davis Elementary School

    0.70 miles

  • Alabama Center for the Arts

    0.72 miles

  • Gordon Bibb School

    0.89 miles

  • Moulton Heights Junior High School

    1.11 miles

  • Lakeview Elementary School

    1.16 miles

  • Carver Elementary School

    1.27 miles

  • Grace Baptist Elementary School

    1.56 miles

  • Decatur High School

    1.68 miles

  • Woodmead Elementary School

    1.71 miles

Frequently Asked Questions

How much does Decatur 4-unit Multifamily Portfolio cost?

The space currently listed for sale at Decatur 4-unit Multifamily Portfolio asks for $425,000.

What is the total square footage of Decatur 4-unit Multifamily Portfolio?

Decatur 4-unit Multifamily Portfolio totals 3,448 square feet.

When was this property built?

Decatur 4-unit Multifamily Portfolio was built in 1986.

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Contact Listing Broker
broker
Len Johnson

Gateway Alabama Realty Group