Description
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.
Address
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Address: 1151 Canal Street, Decatur, Georgia 30032
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City: Decatur
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State/county: GA
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Zip/Postal Code: 30032
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Area: Panama Park
Details
Updated on September 1, 2026 at 12:02 pm-
Property ID 7829764
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Price $335,000
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Land Area 0.33 m²
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Year Built 1950
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Property Type Duplex, Residential Income
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Property Status Active, For Sale
Additional details
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Roof Shingle
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Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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County Dekalb - GA
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Property Type Residential Income
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Parking Driveway
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Elementary School Peachcrest
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Middle School Mary McLeod Bethune
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High School Towers
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Community Features Near Shopping
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Waterfront None
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees
- Jason Tatum