1151 Canal Street, Decatur, GA 30032

Decatur
Local realty services provided by:ERA Towne Square Realty, Inc.
1151 Canal Street,Decatur, GA 30032
$335,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jm scott
Office: chapman hall realtors alpharetta
MLS#:7829764
Source:FIRSTMLS

Price summary

  • Price:$335,000

About this home

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.

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Home facts

  • Year built:1950
  • Subdivision & Development:Panama Park
  • Listing ID #:7829764
  • Updated:September 07, 2026 at 01:31 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Lot area:0.33 Acres
  • Lot Features:Level
  • Construction Materials:Brick 4 Sides
  • Levels:1 Story

Schools

  • High school:Towers
  • Middle school:Mary McLeod Bethune
  • Elementary school:Peachcrest

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$335,000
  • Tax amount:$5,020 (2025)

Parking

  • Parking description:Driveway
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