Single-family rental plus a 5-unit multifamily

2005 Morgan Avenue Southwest, Decatur, AL 35601

  • For Sale $735,000
  • Property Type Multi-Family
  • Property Size 5,854 SF
  • Units 6
  • Lot Size 0.35 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1984
  • Year Renovated 2024
  • Date Updated Dec 11, 2024
Located in the vibrant city of Decatur, AL, the area around the property offers a thriving hub of commerce, culture, and convenience. Nearby, you'll find an array of dining options, including popular eateries like Big Bob Gibson Bar-B-Q and Mellow Mushroom, perfect for business lunches and client meetings. For entertainment, the charming Cook Museum of Natural Science and the Old State Bank provide cultural enrichment just a stone's throw away. With its desirable location and access to amenities, Decatur offers an attractive backdrop for investors seeking to establish or expand their presence in this dynamic community.This investment property features one single family house plus a 5-unit multifamily building. In place rental income. Opportunity to purchase a home with rental property. Can be purchased with another 4-plex apartment building located at 201 8th Avenue, Decatur, AL for additional $425,000.
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Highlights

  • - Two Units have new HVACS from 2020 and 2021
  • - Recently renovated units
  • - Convenient to Decatur shopping and restaurants
  • - Can be purchased as a portfolio with 10 rental units

Contacts

broker
Len Johnson

Gateway Alabama Realty Group

Location

Getting Around

  • Walk Score ®

    46/100 Car-Dependent

  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Decatur, AL
  • Zip Code 35601
  • Market Huntsville

Points of Interest

  • Murphy USA

    1.31 miles

  • Shell

    1.43 miles

  • Texaco

    1.67 miles

  • Mapco

    1.68 miles

  • Walmart

    1.86 miles

  • Kroger

    2.02 miles

  • Snackers

    2.67 miles

  • Phillips 66

    2.77 miles

  • Fuel station

    2.98 miles

  • RaceWay

    3.32 miles

  • Lot 19C

    5.87 miles

  • Lot 19A

    5.93 miles

  • Lot 19B

    5.95 miles

  • Lot 17A

    5.99 miles

  • Lot 20B

    6.01 miles

  • Lot 15A

    6.04 miles

  • Lot 20A

    6.05 miles

  • Lot 16B

    6.10 miles

  • Lot 16A

    6.14 miles

  • Student/Faculty

    6.14 miles

  • Baymont Decatur

    0.33 miles

  • Quality Inn Decatur River City

    0.74 miles

  • Hampton Inn Decatur

    0.80 miles

  • La Quinta Inn Decatur

    1.01 miles

  • Sleep Inn & Suites

    1.24 miles

  • Best Western

    1.43 miles

  • Residence Inn

    1.47 miles

  • Courtyard

    1.52 miles

  • Holiday Inn Express

    1.74 miles

  • Fairfield Inn & Suites

    2.39 miles

  • McDonald's

    0.36 miles

  • Chick-fil-A

    0.45 miles

  • Taco Bell

    0.47 miles

  • Pizza Hut

    0.47 miles

  • Burger King

    0.83 miles

  • Whitt's Barbeque

    0.97 miles

  • Buffalo Wild Wings

    1.11 miles

  • KFC

    1.13 miles

  • Golden Corral

    1.15 miles

  • Arby's

    1.21 miles

  • Austin Junior High School

    0.38 miles

  • Woodmead Elementary School

    0.73 miles

  • Austinville Elementary School

    0.77 miles

  • Decatur City Head Start

    1.00 miles

  • Community Action Partnership of North AL

    1.08 miles

  • Austin Middle School

    1.27 miles

  • Julian Harris Elementary

    1.54 miles

  • Moulton Heights Elementary School

    1.59 miles

  • West Decatur Elementary School

    1.72 miles

  • Moulton Heights Junior High School

    1.88 miles

Frequently Asked Questions

How much does Single-family rental plus a 5-unit multifamily cost?

The space currently listed for sale at Single-family rental plus a 5-unit multifamily asks for $735,000.

What is the total square footage of Single-family rental plus a 5-unit multifamily?

Single-family rental plus a 5-unit multifamily totals 5,854 square feet.

When was this property built?

Single-family rental plus a 5-unit multifamily was built in 1984.

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Contact Listing Broker
broker
Len Johnson

Gateway Alabama Realty Group