- For Sale $1,275,000
- Property Type Multi-Family
- Property Size 10,344 SF
- Units 12
- Property Tenancy Multi-Tenant
- Year Built 1985
- Year Renovated 2026
- Date Updated Aug 4, 2026
Description
Introducing an exceptional investment opportunity in the vibrant city of Decatur. Located in a prime spot, this offering is near Alabama's notable landmarks, including the renowned Point Mallard Park, the historic Old State Bank, and the stunning Wheeler National Wildlife Refuge. The area is also home to an array of dining, shopping, and entertainment options, ensuring a desirable lifestyle for potential tenants. With its convenient access to major roadways and proximity to employment centers, the location presents an attractive opportunity for a multifamily/low-rise/garden investment in Decatur.Introducing an exceptional investment opportunity in Decatur, Alabama—12 multifamily properties that are well maintained with recent renovations are available as a portfolio consisting of three 4-plex buildings boasts an impressive 91.66% occupancy rate, these multifamily gems offer a prime locations within the thriving Decatur area. Or the properties are available for individual purchase. Units are recently renovated offering modern comforts and conveniences, ensuring tenant satisfaction and maximizing investment potential. With its strong occupancy rate and strategic positioning, this portfolio presents a compelling opportunity for multifamily/low-rise/garden investors seeking an asset with immediate in-place rental income in the dynamic Decatur real estate market.
Portfolio includes:
1816 Glenn Street, Decatur, AL 35603, built 1985, 4 units, property tax $1,997.73; insurance $2,147.22
1803 Graymont Lane, Decatur, AL 35603, built 1985, 4 units, property tax $2,024.91; insurance $2,176.35
1809 Windover Place, Decatur, AL 35603, built 1985, 4 units, property tax $2,018.58; insurance $2,145.90
Highlights
- 10,344 SF across four separate buildings
- 12 unit portfolio offers value-add opportunity
- Achieved proven market rents
- Impressive 91.66% occupancy rate
- Individual sale also available
- Short commute to major corporate manufacturing and distribution plants
- Well-maintained with recent updates and upgrades
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Contacts
Len Johnson
Gateway Alabama Realty Group
Location
Contact Listing Broker
Len Johnson
Gateway Alabama Realty Group