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Street View
$725,000
Monthly Est:$3,609
-- Bed
- -- Bath
--sqft
332 Lockwood Ter, Decatur, GA 30030
$725,000
$3,609/moEst:
Get Pre-Approved
Multi Family
Built in 1980
$-- HOA
16,552.8 sqft lot
--/sqft
Description
|| TENANT-OCCUPIED DUPLEX = INSTANT INCOME || NO HOA & NO RENT RESTRICTIONS || NEW WATER HEATERS IN BOTH UNITS || || TOP RATED SCHOOLS || SEPARATE DRIVEWAYS & LARGE YARDS || FRESH EXTERIOR PAINT & LANDSCAPING || MINUTES TO DOWNTOWN ATLANTA || Opportunity meets location at 332 Lockwood Terrace in Decatur, where lifestyle, flexibility, and income potential come together. This tenant-occupied duplex features two units, each offering 2 bedrooms and 1.5 baths with approximately 1,000 square feet, making it an ideal setup for investors seeking instant rental income or buyers who want to live in one side while renting the other. Recent improvements help enhance the property's appeal, including NEW WATER HEATERS in both units, fresh exterior paint, refurbishment of Unit B, and fresh landscaping that adds curb appeal the moment you arrive. Each unit also enjoys its own private driveway and large yard, giving residents the kind of space and independence that is hard to find in multifamily living. Picture the everyday convenience: mornings where tenants can hop in the car for an easy commute into Downtown Atlanta, or take advantage of easy MARTA access nearby. On weekends, the possibilities expand in every direction-explore Downtown Decatur's restaurants, shops, and local events, meet friends at one of the 10 nearby parks, cool off at one of the 3 public pools, or swing by the local farmer's market just 2 miles away for fresh produce and community vibes. With NO HOA and NO RENT RESTRICTIONS, this property offers rare flexibility for investors and owner-occupants alike. Combine that with two tenants already in place and top-rated schools nearby, and you have a property positioned for both lifestyle and long-term value. You can't beat this location or the opportunity for immediate income in one of Decatur's most convenient areas! **Renters are Family/Friends and Paying Below Market Value.**
- Houzeo last checked: 6 minutes ago
- Listing updated: October 19, 2026 at 2:47 pm
- Listing Provided by: | Duffy Realty (678) 318-3613
- Source: Georgia MLS-GA | MLS#: 10707304

Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
- sqft
Lot Size
16,552.8 sqft lot
Basement Area
- sqft
MLS Name
Georgia MLS
MLS Number
10707304
MLS Status
Under Contract
Days on Market
247
Cumulative Days on Market
122

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Central
Sewer
Public Sewer
Cooling
Central Air
Construction
Year Built
Year Built: 1980
Home type
Multi Family
Property Condition
Resale
Construction Materials
Wood Siding
Utilities & Energy
Utilities
Sewer Connected
Parking Features
Off Street
Basement
None
Water Source
Public
Laundry Features
In Unit
Other Features
Subdivision Name
None
Community Features
Walk To Schools, Near Shopping, Near Public Transport
Price History
| Date | Event | Price |
|---|---|---|
07/10/2026 Source: | Contingent (Active Under Contract) | $725,000 $0/sqft |
07/10/2026 Source: | Pending | $725,000 $0/sqft |
05/29/2026 Source: | Price Decreased | $725,000 -2.68% $0/sqft |
04/16/2026 Source: | Price Decreased | $745,000 -0.67% $0/sqft |
03/10/2026 Source: | Listed for Sale | $750,000 -16.66% $0/sqft |
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