- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$649,900
Monthly Est:$3,235
-- Bed
-- Bath
--sqft
2005 Morgan Ave SW, Decatur, AL 35601
$649,900
$3,235/moEst:
Get Pre-Approved
Apartment
Built in 1952
$-- HOA
-- sqft lot
--/sqft
Description
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.
- Houzeo last checked: 4 hours ago
- Listing updated: August 24, 2026 at 3:44 pm
- Listing Provided by: Sandy Nguyen (Binh) | Goal Realty LLC (120) 555-85030
- Source: Greater Alabama MLS-AL | MLS#: 21454574
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1952
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Greater Alabama MLS
MLS Number
21454574
MLS Status
Active - Active
Days on Market
145
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Flooring
Tile, Vinyl, Wall To Wall Carpet
Sewer
Connected
Cooling
Central Control Air
Construction
Year Built
Year Built: 1952
Home type
Apartment
Foundation Details
Slab
Construction Materials
Utilities & Energy
Basement
Other Features
Subdivision Name
None
Tenant Pays
Electricity
Price History
| Date | Event | Price |
|---|---|---|
08/23/2026 Source: | Price Decreased | $649,900 -10.36% $0/sqft |
05/28/2026 Source: | Listed for Sale | $724,999 $0/sqft |
Find Homes by Property Features in Decatur, AL
Based on information from the Greater Alabama MLS through Oct 22, 2026, 03:47PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater Alabama MLS, Inc. All rights reserved.
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