About This Home

This 0-bedroom, 0-bathroom multi-family at 1151 Canal Street in Decatur, GA is listed for $335,000. Built in 1950, on a 0.33 acres lot.

Key Features

  • Built in 1950
  • 0.33 acre lot

Property Details

1 story
1950

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$1,792/mo

20% down · 6.5% · 30 years

Principal$242
Interest$1,452
Insurance$98

Estimates only. Actual payments may vary.

Location

1151 Canal Street

Decatur, GA 30032

Panama Park

Property Details

Construction

Brick 4 Sides

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1151 Canal Street is listed at $335,000. The estimated monthly payment is $1,792 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.33 acre lot.

This property is listed by JM Scott.

JS

JM Scott

Agent at Chapman Hall Alpharetta

Listed by Chapman Hall Alpharetta · Broker phone: (678) 242-5233 · View on Broker Site · Broker website

MLS# 7829764· Source: First Multiple Listing Service, Inc.· 62 days on PropertySimple

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1151 Canal Street, Decatur, GA 30032

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