732 S Candler Street
Decatur, GA, 30030 $ 699,500
Bedrooms4 Baths2.0 Monthly Estimate*
$ 4,364
for $699,500 with 4 bedrooms and 2 full baths. This home was built in 1982 on a lot size of 0.33.
Rare investment opportunity in the heart of Decatur with immediate income in place. 732/734 S Candler Street is a well-maintained duplex located in one of the city’s most desirable and walkable neighborhoods, offering strong rental appeal, flexible use options, and a compelling combination of current cash flow and long-term value potential. The property is rent-ready, with one unit currently leased at $1,875 per month and the second unit actively marketed at $2,200 per month, presenting clear upside potential. Recent improvements include a new roof approximately one year old, and washer/dryer sets are provided, supporting ease of ownership and tenant retention. Unit 732 features a freshly painted, move-in-ready layout with durable luxury vinyl flooring in the main living areas, bright living spaces, a dedicated dining area, and an efficient kitchen with white cabinetry, granite countertops, and ample storage. Main-level half baths add everyday convenience, while the upper level offers two bedrooms and a full bathroom - an attractive and functional configuration for long-term tenants. Outdoor amenities further enhance rental appeal, including private rear patios for each unit and a large, fully fenced backyard serving Unit 732 - an increasingly rare feature for intown multifamily properties. Both units benefit from off-street parking, with two dedicated spaces per unit. The location is a key driver of consistent demand. Tenants enjoy walkable access to Oakhurst Village, Downtown Decatur, MARTA, and Dearborn Park just down the road, along with nearby restaurants, coffee shops, boutiques, parks, and year-round festivals. Easy access to transit and intown amenities supports strong occupancy and long-term rentability. Ideal for investors seeking a buy-and-hold asset, a live-in-one/rent-the-other strategy, or future appreciation in a proven, supply-constrained intown submarket. One unit is currently tenant-occupied, providing stabilized rental income, while the second unit offers immediate leasing or owner-occupancy flexibility. Opportunities like this are increasingly limited in Decatur’s core neighborhoods.
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FeaturesGeneralSewer Public Sewer
Heating Central Forced Air Natural Gas
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Phone Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition
Security Features None
Construction Materials Brick Frame Vinyl Siding
Year Built 1982
View Trees/Woods Other
Levels Two
Property Subtype Duplex
Tax Year 2024
Gross Income 45600
Waterfront Features N
Community Features Near Public Transport Near Schools Near Shopping Near Trails/Greenway Park Pickleball Playground Restaurant Sidewalks Street Lights Other
Accessibility None
County Dekalb - GA
Net Operating Income 24258
Operating Expense 16562
Property Type Residential Income
HOA No
Energy Efficient None
Subdivision Name Winonna Park
Green Energy Generation None
Status Active
Directions Downtown Decatur Head south on Commerce Dr toward W Trinity Pl (118ft) Turn left at the 1st cross street onto W Trinity Place (0.4mi) Continue onto S Candler St (1.1mi) 732/734 S Candler St w
High School Decatur
City Decatur
Body of Water None
Number Of Units Total 2
Elementary School Winnona Park/Talley Street
Property Attached Y/N No
Tax Annual Amount 14865
Home Warranty Y/N No
Middle/Junior High School Beacon Hill
Property Condition Resale
Standard Status Active
Occupancy Type Vacant
Cap Rate 3.47
Legal Description Ask Agent or Attach to Listing
Corporate Owner None
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InteriorFlooring Carpet Luxury Vinyl
Window Features Insulated Windows
Total Baths 0
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ExteriorFencing Back Yard Chain Link Fenced
Parking Features Driveway
Lot Features Wooded Other
Water Source Public
Total Parking 4
Lot Dimensions 70x217x65x206
Lot Size Acres 0.33
Private Pool No
Lot Size Source Other
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* Excluded FeaturesList Byderek@derekwoodrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,364
- Monthly Property Taxes
- $1,239
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Decatur, GA
Average List Price $468,888
Percent of Sale Price 33%
About Decatur, GA 22,020 Population
18% Since 2002
$ 90,093 Median Income
40.1 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
2842528 Elementary School
3851695 Middle School
Decatur High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/17/2025 | $699,500 | | Listed Price |