Decatur AL 8th Street 12 multifamily units
223 8th Street Southwest
Decatur, AL 35601
Highlights
- 2 buildings and a total of 12 units priced at $80,833/door
- 4 two-bedroom one-bath units
- 8 one-bedroom one-bath units
- Modern kitchen and bath upgrades and updates in 2025
- Some kitchen upgrades will include new cabinets and granite countertops
- Brick and vinyl exteriors and metal roofing provide durability
- Flooring upgrades and updates include in 2025 that include some LVP
- Multiple appliances including water heaters replaced in 2025
- Multiple HVAC replaced in 2025
- All units have Washer/Dryer hookups
Description
Introducing a prime investment opportunity in the heart of Decatur, AL. This multifamily property at offers 2 buildings with a total of 12 units priced at $80,833/door. Each building consists of 4 two-bedroom one-bath units and 8 one-bedroom one-bath units. With a total area of 7,712 SF, these recently renovated buildings underwent significant updates and upgrades in 2025 and currently boasts full occupancy. Recent upgrades and updates include some granite countertops, new kitchen cabinets, new appliances, new bathroom vanities, new flooring and decor. Value-add as markets rents show there's room to increase rents at these newly renovated units. Each property features brick and vinyl exteriors plus metal roofing for lower maintenance costs and durability. Whether you're a seasoned investor or entering the multifamily real estate market, this property presents a compelling opportunity for steady returns and long-term growth potential. There is an opportunity to increase the number of units with a similar adjoining property.
Discover the charm and convenience of Decatur, Alabama. Located in the heart of the city, the area surrounding the property offers a vibrant urban lifestyle with a small-town feel. Within walking distance, residents can enjoy the scenic Riverwalk, explore the historic downtown district, and sample local dining and entertainment options. The property is also conveniently located near major employers, educational institutions, and cultural attractions, making it an ideal location for prospective Multifamily investors seeking a prime position in this thriving community. With its blend of modern amenities and historic appeal, the area offers a compelling opportunity for investors in the multifamily and high-rise sectors.
