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$970,000
-- Bed
-- Bath
--sqft
223 8Th Street Sw, Decatur, AL 35601
$970,000
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Multi Family
Built in 1980
$-- HOA
0.62 acre lot
--/sqft
Description
Excellent investment opportunity in Decatur, AL. Apartments priced at $80,833/door. Twelve apartments, offering a mix of 1 and 2 bedroom units, with a value-add upside, renovated units can include new cabinets and granite countertops, new bathroom vanities, metal roofs, most HVACs and water heaters have been replaced, 100% occupancy, two six-unit apartment buildings at 223 & 225 8th Street. Each building has four 1-bedroom units and two 2-bedroom units. Value-add opportunity with market rent rates. Full occupancy currently, showings take place after accepted contract and EMD. A pre-approval letter and POF to accompany offers.
- Houzeo last checked: 36 Minutes ago
- Listing updated: January 30, 2026 at 5:09 pm
- Listing Provided by: Len Johnson DRE #40398 | Gateway Al Realty Group LLC
- Source: Valley MLS | MLS#: 21908015
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
- sqft
Lot Size
0.62 acre lot
Basement Area
- sqft
MLS Name
Valley MLS
MLS Number
21908015
MLS Status
ACTIVE
Days on Market
13
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