2005 Morgan Avenue Sw Decatur, AL $ 724,999
2005 Morgan Avenue Sw
$ 724,999
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2005 Morgan Avenue Sw

Decatur, AL, 35601
$ 724,999
Bedrooms11 Baths6.0

Monthly Estimate*

$ 4,578

2005 Morgan Avenue Sw, Decatur, AL 35601 - Image 1
2005 Morgan Avenue Sw, Decatur, AL 35601 - Image 2
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2005 Morgan Avenue Sw, Decatur, AL 35601 - Image 10
2005 Morgan Avenue Sw, Decatur, AL 35601 - Image 11
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Multi-Family Home for sale in Decatur, AL

for $724,999 with 11 bedrooms and 6 full baths. This home was built in 1952.

Exceptional Investment Opportunity in Decatur! Rare chance to own a 3-bedroom, 2-bath home with a 2-car garage plus a fully occupied 5-unit apartment complex on the same property. Positioned back-to-back with separate street frontage, this unique setup offers flexibility for investors and owner-occupants alike. The approximately 1,600 sq. ft. home is well maintained and features updated flooring, a covered patio, private backyard, long driveway, hot tub, and a reliable long-term tenant. The 5-unit complex is fully leased with established tenants, providing immediate and stable cash flow. NO SELLER'S FINANCING AVAILABLE Live in the home while generating income from the apartments, or rent all six units for maximum returns. Conveniently located in Decatur, one of North Alabama's fastest-growing cities, with easy access to the thriving Huntsville corridor, major employers, shopping, and dining. A rare income-producing property with strong occupancy and long-term growth potential.

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Multi-Family Active

Price

$ 724,999

Bedrooms

11

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Year Built

1952

Town/City

Decatur

County/Region

Morgan

MLS | Web ID

21454574

Features
General
Heating Central Control (HEAT)
Cooling Central Control (COOL)
Development Status Existing
Water Public Water
Status Active Active
Year Built 1952
Parking Assigned
Tenant Pays Electric (TENANT)
Subdivision NONE AL
Water Heater Electric (WTRHTR)
County Morgan
Class MULTIFAMILY
Type Apartment
Miscellaneous None/Other Pets Allowed
Sale/Rent For Sale
Status Detail 0
Area Morgan County
Primary City Decatur
Virtual Tour https://www.propertypanorama.com/instaview/bham/21454574
High School DECATUR
City DECATUR
Financing Cash Conventional
Elementary School WEST DECATUR
Middle School DECATUR MIDDLE SCHOOL
Legal Description RAILROAD ASSN ADD LOT 2 BLK 4 PLAT BK 1 PAGE 27
DOM 30
Postal Code 35601
Price Per Sq Ft Total AG 1
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Exterior
Exterior Brick and Frame Siding
Foundation Slab
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Interior
Floors Tile Vinyl Wall-to-Wall Carpet
Total Number of Units 5
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* Excluded Features
List By
Goal Realty Llc

Broker

goalrealty2017@gmail.com

Email

Affordability Calculator

$4,578
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,578
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Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
5484265 Elementary School
5484264 Middle School
Decatur High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2026$724,999 Listed Price

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2005 Morgan Avenue Sw, Decatur, AL, 35601 is a Multi-Family Home for sale at $724,999. 2005 Morgan Avenue Sw has 11 bedrooms, 6.0 baths, and was built in 1952. The property's zip code is 35601 which is in Decatur, AL