About This Home

This 0-bedroom, 0-bathroom multi-family at 2005 MORGAN AVENUE in Decatur, AL is listed for $649,900. Built in 1952, on a N/A lot.

Key Features

  • Built in 1952

Property Details

1952

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,816
Insurance$190

Estimates only. Actual payments may vary.

Location

2005 MORGAN AVENUE

Decatur, AL 35601

Property Details

Flooring

Carpet - FullVinylTile

Construction

Brick and Frame Siding

Parking

Assigned

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 2005 MORGAN AVENUE is listed at $649,900. The estimated monthly payment is $3,476 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952.

This property is listed by Sandy Nguyen (Binh) and can be reached at 2052532500.

S(

Sandy Nguyen (Binh)

Agent at Goal Realty LLC

(205) 253-2500

Listed by Goal Realty LLC · Broker phone: 2055585030 · View on Broker Site

MLS# 21454574· Source: Greater Alabama MLS· 52 days on PropertySimple

Copyright © 2026 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2005 MORGAN AVENUE, Decatur, AL 35601

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