Single-family rental plus a 5-unit multifamily

For Sale

2005 Morgan Avenue Southwest, Decatur, AL 35601

This Decatur property for sale is located at 2005 Morgan Avenue Southwest. The current listed sale price for Single-family rental plus a 5-unit multifamily is $735,000. Single-family rental plus a 5-unit multifamily is situated on a lot that is 0.35 acre in size.

Contacts

broker
Len Johnson

Gateway Alabama Realty Group

Property Details

  • Property Type Multi-Family
  • Property Size 5,854 SF
  • Units 6
  • Lot Size 0.35 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1984
  • Year Renovated 2024
  • Date Updated Dec 11, 2024
Located in the vibrant city of Decatur, AL, the area around the property offers a thriving hub of commerce, culture, and convenience. Nearby, you'll find an array of dining options, including popular eateries like Big Bob Gibson Bar-B-Q and Mellow Mushroom, perfect for business lunches and client meetings. For entertainment, the charming Cook Museum of Natural Science and the Old State Bank provide cultural enrichment just a stone's throw away. With its desirable location and access to amenities, Decatur offers an attractive backdrop for investors seeking to establish or expand their presence in this dynamic community.This investment property features one single family house plus a 5-unit multifamily building. In place rental income. Opportunity to purchase a home with rental property. Can be purchased with another 4-plex apartment building located at 201 8th Avenue, Decatur, AL for additional $425,000.
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Highlights

  • - Two Units have new HVACS from 2020 and 2021
  • - Recently renovated units
  • - Convenient to Decatur shopping and restaurants
  • - Can be purchased as a portfolio with 10 rental units

Getting around

  • 46/100

    Walk Score ®

  • 47/100

    Bike Score ®

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Location

  • City Decatur, AL
  • Zip Code 35601
  • Market Huntsville

Points of Interest

  • Murphy USA

    1.31 miles

  • Shell

    1.43 miles

  • Texaco

    1.67 miles

  • Mapco

    1.68 miles

  • Walmart

    1.86 miles

  • Kroger

    2.02 miles

  • Snackers

    2.67 miles

  • Phillips 66

    2.77 miles

  • Fuel station

    2.98 miles

  • RaceWay

    3.32 miles

  • Lot 19C

    5.87 miles

  • Lot 19A

    5.93 miles

  • Lot 19B

    5.95 miles

  • Lot 17A

    5.99 miles

  • Lot 20B

    6.01 miles

  • Lot 15A

    6.04 miles

  • Lot 20A

    6.05 miles

  • Lot 16B

    6.10 miles

  • Lot 16A

    6.14 miles

  • Student/Faculty

    6.14 miles

  • Baymont Decatur

    0.33 miles

  • Quality Inn Decatur River City

    0.74 miles

  • Hampton Inn Decatur

    0.80 miles

  • La Quinta Inn Decatur

    1.01 miles

  • Sleep Inn & Suites

    1.24 miles

  • Best Western

    1.43 miles

  • Residence Inn

    1.47 miles

  • Courtyard

    1.52 miles

  • Holiday Inn Express

    1.74 miles

  • Fairfield Inn & Suites

    2.39 miles

  • Decatur Mall

    0.58 miles

  • Publix

    0.71 miles

  • ALDI

    0.78 miles

  • Walmart Supercenter

    1.41 miles

  • Walmart Neighborhood Market

    1.79 miles

  • Kroger

    2.06 miles

  • Ross

    2.34 miles

  • Target

    2.41 miles

  • Coop

    2.61 miles

  • Foodland

    7.38 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Len Johnson

Gateway Alabama Realty Group