- For Sale $1,595,000
- Property Type Multi-Family
- Property Size 16,764 SF
- Units 16
- Lot Size 0.9 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1974
- Year Renovated 2026
- Date Updated Aug 18, 2026
Description
Discover the vibrant potential of Decatur, AL, an emerging hub for Multifamily / Mid-Rise investment. Situated in the bustling heart of the city, the area offers a rich tapestry of urban amenities, dining options, and cultural attractions. Enjoy convenient access to the stunning Wheeler National Wildlife Refuge, the historic Old State Bank, and the awe-inspiring Princess Theatre Center for the Performing Arts. With its growing economy and strong rental demand, Decatur presents an enticing opportunity for investors seeking to capitalize on the thriving rental market in a dynamic and evolving urban landscape.Introducing an exceptional opportunity to purchase this unique and charming multifamily apartment complex in Decatur, AL. This 16-unit property at 1614 Somerville Rd SE features a 16,764 SF building, thoughtfully renovated with upgrades and updates, while preserving the unique design and charm. With a remarkable 100% occupancy rate and R-4 zoning, this investment offers immediate income in a prime location that offers potential for greater returns. A popular luxury amenity for tenants is covered parking plus ample additional off-street parking. Don't miss the chance to add this well-maintained, high-performing property to your portfolio.
Highlights
- 16 unit apartment complex uniquely designed
- 16,764 SF unique design offers lots of charm
- 2 one-bedroom/one-bath units
- 6 two-bedroom/one-bath units
- 8 two-bedroom/two-bath units
- Covered parking and ample additional off-street parking
- Impressive 100% occupancy
- Located in southeast Decatur area near Decatur High School,
- Private courtyard setting offering patios and balconies
- Renovated with updates and upgrades
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Contacts
Len Johnson
Gateway Alabama Realty Group
Location
Contact Listing Broker
Len Johnson
Gateway Alabama Realty Group