Decatur Multi-Family Homes for Sale

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Newest Decatur Multi-Family Homes for Sale

$650,000

7854809 MLS

Rare investment opportunity in the heart of Emory/Decatur! Located in the desirable Clairmont Heights neighborhood, this beautifully updated, four-sided brick duplex offers an exceptional combination of location, versatility, and long-term investment potential. Situated on a spacious, corner lot spanning approximately one-third of an acre with walk-out level back yard, the property features two separate residences each with separate utility meters, and each offering two bedrooms and one full bathroom, making it an ideal opportunity for investors or owner-occupants looking to generate additional rental income. Both units feature hardwood floors, central heating and air, fully equipped kitchens, and the convenience of their own washer and dryer. Thoughtfully designed living spaces, private outdoor areas, and an abundance of natural light create comfortable and inviting interiors. Additional highlights include a detached two-car garage, generous driveway parking, a private backyard, and an expansive walk-up attic offering incredible storage space and future possibilities. The location is equally impressive! Tucked within an established residential neighborhood, the property offers easy access to Emory University, Emory Healthcare, CDC, Downtown Decatur, the VA Hospital and some of Atlanta's most desirable intown destinations. Enjoy close proximity to neighborhood parks, walking trails, grocery stores, restaurants, shopping, and major thoroughfares. Located in the sought-after Fernbank Elementary and Druid Hills school districts, this property offers convenience and accessibility in one of Decatur's most desirable areas. Whether you're looking to expand your investment portfolio, convert to a single-family home, live in one unit while renting the other, or secure a versatile income-producing property in a prime location, 640 Webster Drive offers an incredible opportunity with endless potential! Tree in photo 1 has been digitally altered to show more of the home.

640 Webster Drive, Decatur

$550,000

7846733 MLS

Duplex opportunity in the Decatur school district offering two side-by-side units, each with 2 bedrooms and 1 bathroom, giving flexibility whether you want to live in one unit and lease the other or add a dependable income-producing asset to your portfolio. Inside, each unit features hardwood floors, updated kitchens, in-unit stack washer/dryer. Unit A currently leased at $1,450/month and Unit B projected to lease for the same amount, if not higher. Enjoy off street parking, carport, private backyard patio, and wonderful landscaping. Unbeatable location puts you close to Decatur Square, Emory, Druid Hills, MARTA, restaurants, shops, and parks Easy access to I-285/I-20 Midtown, CDC and Downtown Atlanta.

336 Coventry Road, Decatur

$115,000

7852423 MLS

INVESTORS-DON'T SLEEP ON THIS ONE! *NO RENTAL RESTRICTIONS; SOLD AS IS* 2800 Vining Ridge Terrace is a 3-bedroom, 2.5-bath Decatur townhome offering approximately 1,664 sq. ft., a fireplace, and rental potential. Previously utilized as a Housing Choice Voucher rental with historical rent of approximately $1,900/month, this property offers an opportunity for investors looking to add another door to their portfolio. Also a great option for owner-occupants or house hackers seeking affordability and flexibility. Conveniently located near I-20, public transportation, schools, shopping, and Grady outpatient healthcare. *BUYER INCENTIVE: Qualified buyers may be eligible for up to 1% toward closing costs when using the seller's preferred lender, subject to lender terms and eligibility requirements. SOLD AS-IS. At this price point and with its income potential, this is one you'll want to see before it's gone.

2800 Vining Ridge Terrace, Decatur

$900,000

7847231 MLS

Investor opportunity in the heart of Decatur! This historic tri-plex offers three units with long term tenants already in place, providing immediate income potential for a turnkey investment. Future value can be had if a new owner develops some of the remaining lot into another residential unit. The property features two units in the main home plus a third unit above the detached two-car garage. A new roof and new upstairs heat pump add value and peace of mind, while original wood paneling and built-in bookshelves preserve the home's historic character. Situated on a double, corner lot with two driveways, a large backyard, three established garden plots, and a screened porch off the downstairs unit. Shared basement storage includes laundry and workshop space, with direct basement access for all units. Excellent location just two blocks from Glenwood Elementary, moments from the Avondale Estates Marta, downtown Decatur and approximately 1.3 miles from Agnes Scott College. A rare opportunity to own a multi-unit property in a highly convenient Decatur location

718 E Ponce De Leon Avenue, Decatur

$350,000

7841944 MLS

Duplex in Decatur features twin 2 bedroom / 1 full bath with updated appliances and fresh paint. Recently updated flooring with no carpet. Located in lovely Decatur with plenty of restaurants and shopping nearby.

2536 Mcafee Road, Decatur

$3,950,000

7836741 MLS

21 working-class rental houses on 19 parcels, conveniently located in close proximity to each other within the booming 30032 zip code. 100% Occupancy. Current rents average $1,219/month — $25,600/month gross and climbing at each turn over — 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

$120,000

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

$549,000

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

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Decatur Multi-Family Homes for Sale

Newest Decatur Multi-Family Homes for Sale

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