2005 MORGAN AVENUE SW, Decatur, AL 35601
Local realty services provided by:ERA Waldrop Real Estate
Listed by: sandy nguyen (binh)
Office: goal realty llc.
MLS#:21454574
Source:AL_BAMLS
Price summary
- Price:$724,999
About this home
Exceptional Investment Opportunity in Decatur! Rare chance to own a 3-bedroom, 2-bath home with a 2-car garage plus a fully occupied 5-unit apartment complex on the same property. Positioned back-to-back with separate street frontage, this unique setup offers flexibility for investors and owner-occupants alike. The approximately 1,600 sq. ft. home is well maintained and features updated flooring, a covered patio, private backyard, long driveway, hot tub, and a reliable long-term tenant. The 5-unit complex is fully leased with established tenants, providing immediate and stable cash flow. NO SELLER'S FINANCING AVAILABLE Live in the home while generating income from the apartments, or rent all six units for maximum returns. Conveniently located in Decatur, one of North Alabama's fastest-growing cities, with easy access to the thriving Huntsville corridor, major employers, shopping, and dining. A rare income-producing property with strong occupancy and long-term growth potential.
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Home facts
- Year built:1952
- Listing ID #:21454574
- Added:7 day(s) ago
- Updated:June 06, 2026 at 02:24 PM
Rooms and interior
- Flooring:Tile, Vinyl, Wall-to-Wall Carpet
Heating and cooling
- Cooling:Central Control
- Heating:Central Conrol
Structure and exterior
- Year built:1952
- Construction Materials:Brick and Frame, Siding
- Foundation Description:Slab
Schools
- High school:DECATUR
- Middle school:DECATUR MIDDLE SCHOOL
- Elementary school:WEST DECATUR
Utilities
- Water:Public Water
- Sewer:Sewer Connected
Finances and disclosures
- Price:$724,999
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