732 S Candler Street
Decatur, GA, 30030 $ 699,500
Baths0.0 Monthly Estimate*
$ 4,364
Studio for $699,500. 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 Other
HOA Fee 0
Association Fee Includes None
Construction Materials Brick Stone Frame Vinyl Siding
Year Built 1982
Levels Two
Property Subtype Multi Family Duplex
Tax Year 2024
Gross Income 0
Community Features Park Playground Sidewalks Street Lights Near Public Transport Walk To Schools Near Shopping
County DeKalb
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
MaintenanceExpense 0
Subdivision Name Winonna Park
Garage Y/N N
Status New
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
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 14374.8
Carport Y/N N
Elementary School Winnona Park
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 14865
Electric Expense 0
Home Warranty Y/N N
Fuel Expense 0
Middle/Junior High School Beacon Hill
Property Condition Resale
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Off Street Kitchen Level Side/Rear Entrance Over 1 Space per Unit
Water Source Public
Total Parking 4
Lot Size Area 14374.8
Foundation Details Slab
Spa N
Lot Size Acres 0.33
Lot Size Source Other
Waterfront Y/N N
Horse Y/N N
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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.
4135101 Elementary School
4135595 Middle School
Decatur High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/17/2025 | $699,500 | | Listed Price |