Decatur Multi-Family Homes for Sale

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Newest Decatur Multi-Family Homes for Sale

$3,950,000

7836741 MLS

21 working-class rental units on 19 parcels, conveniently located in close proximity to each other within the booming 30032 zip code. 100% Occupancy. Current rents average $1,216/month — $25,550/month gross — against a market rate average of $1,582. That gap is intentional. There are many long term tenants and every unit that turns has potential to be a profitable flip, cosmetic renovation and rent bump or just re-lease at the same price. The 30032 zip code sits on I-20 and near I285 with direct access to Downtown Atlanta, East Atlanta Village, and Hartsfield-Jackson. The Avondale MARTA station is nearby. These are practical amenities that keep working-class renters in place. The corridor is moving. Belvedere Plaza at Memorial Drive and Columbia Drive just landed a $24.3 million redevelopment backed by a $3 million Decide DeKalb grant — four national retailers and a full-service grocery anchor coming in 2027. DeKalb County's long-range plan calls for mixed-use and multifamily density along Memorial Drive. That's not speculation. That's a unanimous board vote and a developer writing a real check. Publix is opening a second store on Glenwood close to these properties. The play is straightforward. Collect $25,550/month while you hold. Renovate as units turn. Re-lease at market rate. A fully repositioned portfolio at $1,582/month gross clears over $33,200/month. Or flip individual renovated units as retail sales. Working-class housing. Below-market rents. I-20 access. A corridor with institutional money coming in behind it.

1860 S Columbia Place, Decatur

$335,000

7829764 MLS

Rare investment opportunity with immediate cash flow and long-term value potential! This duplex is conveniently located less than one mile from I-285 with easy access to Decatur, Downtown Atlanta, and major employment centers. Each unit has 2-bedrooms and 1-bath, with a separate laundry/utility room. One unit currently rents for $1,245/month, lease expiring on 7/31/2027. The other unit is below market since this is a 5+ year tenant, currently rents for $1,020/month, expiring on 12/31/2026. Water is not separated and is paid by the landlord, however all other utilities are separated and paid by tenants. Crawlspace is encapsulated with a commercial dehumidifier. Property is being sold As-Is; owner is an investor and has never lived at the property; no Seller's Disclosures are provided.

1151 Canal Street, Decatur

$289,900

7813646 MLS

Cash-flowing single-family, rental in Decatur with a long-term tenant in place paying $2,500/month. This 4-bedroom, 2-bath home offers approximately 1,926 square feet with a functional split-level layout, hardwood floors, fireplace, garage, and deck, all situated on a 0.40-acre lot in an established area with consistent rental demand. The property provides immediate income with no vacancy, making it a strong addition to an investment portfolio with upside potential over time. Sold with tenant in place.

3766 Conley Downs Lane, Decatur

$995,000

7798809 MLS

Located in the sought-after, highly rated **City Schools of Decatur**, this beautifully updated quadruplex offers an exceptional investment opportunity just minutes from the heart of Decatur in the desirable Oakhurst community. Tucked away on a peaceful street, this hidden gem combines a quiet setting with unbeatable convenience. Inside, each unit is filled with natural light, updated luxury vinyl plank flooring, and spacious living areas that tenants will love. The renovated kitchens are bright and inviting, complete with stainless steel/black appliances and modern finishes. Bathrooms have also been tastefully updated with stylish tile and new flooring. Units 1, 2, and 4 each offer the convenience of an in-unit stackable washer and dryer, while Unit 3 has access to a shared laundry facility. Residents can enjoy a walkable lifestyle with neighborhood favorites including Oakhurst Park, Oakhurst Dog Park, and popular local dining destinations such as Mezcalito's Cantina just a short stroll away. All 4 units are currently leased, providing immediate rental income. A professional management company is already in place with an affordable 6% monthly fee based on gross rental income.

545 Oakview Road, Decatur

$264,900

7787343 MLS

1st time Home Buyers this property qualifies for a $10,000 down payment assistance for 1st time home buyers with a 620 credit score. Take a look into this all-brick, four-sided gem. This spacious home features five generous bedrooms and two full baths, offering room for everyone to live and grow. Added bonus, No HOA. Enjoy the charm of a separate formal living and dining room, perfect for entertaining or creating lasting memories with loved ones. The kitchen opens up effortlessly, creating a warm and inviting flow throughout the living spaces. Step outside onto the expansive deck that overlooks a serene, private backyard—an ideal setting for gatherings, celebrations, or peaceful mornings with coffee. Located just minutes from public transportation and with easy access to major freeways, this home offers both convenience and comfort. The seller is motivated and ready for offers—don’t miss this incredible opportunity to make this house your home or add it to your investment portfolio. This property is currently occupied. Bring offers.

2436 Glenrock Drive, Decatur

$125,000

7785447 MLS

Welcome to this spacious 4-bedroom, 2.5-bath home offering a functional layout and comfortable living spaces throughout. The property features generously sized bedrooms, and a well-designed floor plan ideal for everyday living. Conveniently located near shopping, dining, parks, schools, and major commuter routes, this home provides access while maintaining a neighborhood setting. Whether you're looking to expand your investment portfolio or secure a future primary residence, this property presents a unique opportunity. A tenant currently occupies the home, making it an attractive option for investors seeking immediate rental income. Tenant occupied. All showings require a minimum of 24-hour notice and must be scheduled by appointment only. Please do not disturb the tenant. Professional photos coming soon. This property is priced to sell!

2082 Oak Park Lane, Decatur

$1,500

3 Beds ⋅ 3 Baths ⋅ 7783610 MLS

Welcome! This spacious, move-in-ready 3-bedroom, 2.5-bath condominium is located in the gated Snapfinger Manor community in Decatur. This well-maintained end-unit home offers approximately 1,670 square feet of comfortable living space, featuring a bright foyer, an inviting living room with a cozy fireplace, and an open dining area perfect for entertaining. The kitchen offers ample cabinet space and convenient access to a private rear patio, creating the ideal setting for outdoor relaxation. Upstairs, the oversized owner's suite boasts vaulted ceilings, a walk-in closet, and a spa-like en-suite bath complete with a garden tub and separate shower. Two additional bedrooms provide flexibility for family, guests, or a home office. Residents enjoy the security of a gated community while being conveniently located near shopping, dining, major highways, MARTA, and everyday amenities. With dedicated parking, low-maintenance living, and a functional floor plan, this home is an excellent opportunity! IMPORTANT: This is a gated community. Please obtain the gate code prior to visiting. No street parking is allowed. Violators can be towed.

2878 Snapfinger Manor, Decatur

$595,000

7776962 MLS

Investment opportunity in the City of Decatur with endless potential! Keep the property as a cash-flowing duplex with current rents, renovate to maximize rental income, or build your dream home on this prime lot. This charming duplex sits on a deep lot and features an open kitchen, a sun-drenched living room, spacious bedrooms, a utility room with washer/dryer connections, and off-street parking. Best of all, it’s ideally located just minutes from Downtown Decatur, Agnes Scott and Emory. There is small parcel of land (15-244-04-019) in the back that is included in the sale. Please note there are 2 different addresses (138 &140 Scott Blvd) for this property as well.

140 Scott Boulevard, Decatur

$749,000

7770912 MLS

This property can be purchased in combination with the vacant lot next door. There are addresses, and then there are addresses. 120 South Candler is the latter. Set on one of Decatur's most storied corridors, this home sits directly across from Agnes Scott College, brick towers, magnolias, and a century of Southern academic gravity right outside your front door. It is the kind of view that doesn't depreciate. Out the other direction, Downtown Decatur is right down the street: the restaurants, the farmers market, the energy, and yet the home's deep setbacks pull it back from all of it, preserving a sense of quiet that feels almost impossible this close to the center of things. The house itself reads like a time capsule. A single-family home that has spent years as a duplex, it has been maintained with the kind of care that preserves rather than erases, original hardwood floors intact, heavy trim undisturbed, high ceilings still drawing the eye upward the way they were meant to. The front porch anchors the street presence with the ease of something designed before porches became an afterthought. At the rear, a sun room catches the light in a way that feels deliberate, generous, almost indulgent. The bones are exceptional. The opportunity is wide open. Bring it back to the single-family home it was born to be, or reimagine it entirely. This is a property that rewards vision. The history is already here. The rest is yours to write.

120 S Candler Street, Decatur

$315,000

7768960 MLS

Seller is negotiable, motivated and ready to make a deal. Seller Says Bring an Offer. Seller Says Bring an Offer. Qualified buyers can purchase this home with NO MONEY DOWN when using Preferred Lender! Turnkey 5BR/3BA income-producing property with strong cash flow and solid rental history - ideal for investors seeking immediate income and long-term potential. Rental income can generate approximately $3,000/month at full occupancy, and tenants currently contributing toward utilities. This well-maintained property features spacious bedrooms, granite countertops, stainless steel appliances, all new flooring, a newer HVAC system, roof approximately 5 years old, and a newly added storage unit. Minimal immediate capital expenses with recent upgrades already completed. Tenant occupied. Please do not disturb tenants. Showings by appointment only.

2082 Marble Arch Drive, Decatur

$495,000

7654451 MLS

Rare opportunity in Decatur! This fully renovated duplex offers two separate units, each with 2 bedrooms and 1 full bath, making it perfect for investors or owner-occupants looking to house hack. Currently operating as a proven income-producing Airbnb, the sale includes all furnishings, making this a true turnkey opportunity. Inside, both units feature hardwood floors throughout, spacious living areas, and updated full kitchens with stainless steel appliances, granite countertops, tile backsplash, and ample cabinet space. The bathrooms have been beautifully remodeled with modern vanities, tiled walls, updated fixtures, and tub/shower combos. Each unit is thoughtfully furnished and move-in ready. Additional highlights include a private balcony deck, ample closet storage, and stylish décor designed for comfort and functionality. The location is unbeatable—just minutes from Decatur Square, one of Atlanta’s most vibrant destinations. Stroll to award-winning dining at Brush Sushi Izakya, Iberian Pig, No. 246, and The White Bull, or enjoy local favorites like Calle Latina, Sushi Avenue, and Victory Sandwich Bar. Unique shopping, live music at Eddie’s Attic, and nightlife at SOS Tiki Bar are all nearby, giving guests and residents plenty to explore. Whether you’re seeking a turnkey short-term rental portfolio or a multi-family property in a prime location, this duplex offers modern upgrades, proven income, and endless potential.

1485 Janmar Drive, Decatur

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