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

10838344

Features
General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Central Air
Utilities Electricity Individual Meters Gas Individual Meters Sewer Connected Water Billing Prorated
HOA Fee 0
Association Fee Includes None
Construction Materials Brick
Year Built 1950
Levels One
Property Subtype Multi Family Duplex
Tax Year 2025
Gross Income 0
Community Features Near Shopping
County DeKalb
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name Panama Park
Garage Y/N false
Status New
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
Lot Size Units Square Feet
Lot Size Square Feet 14374.8
Carport Y/N false
Elementary School Peachcrest
Tax Annual Amount 5020
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Mary Mcleod Bethune
Property Condition Resale
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement Crawl Space
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Off Street
Water Source Public
Total Parking 0
Lot Size Area 14374.8
Lot Size Acres 0.33
Lot Size Source Public Records
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* Excluded Features
List By
jmscott.ch@gmail.com

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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
4133867 Middle School
Towers High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2026$335,000 Listed Price

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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