1151 Canal Street Decatur, GA $ 335,000
1151 Canal Street
$ 335,000
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1151 Canal Street

Decatur, GA, 30032
$ 335,000
Baths0.0

Monthly Estimate*

$ 2,115

1151 Canal Street, Decatur, GA 30032 - Image 1
1151 Canal Street, Decatur, GA 30032 - Image 2
1151 Canal Street, Decatur, GA 30032 - Image 3
1151 Canal Street, Decatur, GA 30032 - Image 4
1151 Canal Street, Decatur, GA 30032 - Image 5
1151 Canal Street, Decatur, GA 30032 - Image 6
1151 Canal Street, Decatur, GA 30032 - Image 7
1151 Canal Street, Decatur, GA 30032 - Image 8
Studio

Multi-Family Home for sale in Decatur, GA

for $335,000. This home was built in 1950 on a lot size of 0.33.

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.

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Multi-Family Active

Price

$ 335,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,020

Style

Lot Size

0.33

Year Built

1950

Town/City

Decatur

County/Region

Dekalb

MLS | Web ID

7829764

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Roof Shingle
Security Features None
Construction Materials Brick 4 Sides
Year Built 1950
View Neighborhood
Levels One
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Near Shopping
Accessibility None
County Dekalb - GA
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name Panama Park
Green Energy Generation None
Status Active
Directions From I-285 exit onto Covington Hwy (exit 43) make a right on Canal St first house on the left.
High School Towers
City Decatur
Body of Water None
Number Of Units Total 2
Elementary School Peachcrest
Property Attached Y/N false
Tax Annual Amount 5020
Home Warranty Y/N false
Middle/Junior High School Mary McLeod Bethune
Property Condition Resale
Standard Status Active
Freehold IDX
Corporate Owner Investor Owned No disclosures from Seller Sold As/Is
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Interior
Window Features Wood Frames
Total Baths 0
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Exterior
Fencing None
Parking Features Driveway
Lot Features Level
Water Source Public
Lot Dimensions 153 x 100
Lot Size Acres 0.33
Lot Size Source Public Records
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* Excluded Features
List By
JM Scott

Listing Agent

Chapman Hall Realtors Alpharetta

Broker

jmscott.ch@gmail.com

Email

Affordability Calculator

$2,534
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,115
Monthly Property Taxes
$418
Monthly Home Insurance
--
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
4133839 Elementary School
1927717 Middle School
Towers High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$335,000 Listed Price

Map


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1151 Canal Street, Decatur, GA, 30032 is a Multi-Family Home for sale at $335,000 with a lot size of 0.33. 1151 Canal Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 30032 which is in Decatur, GA