About This Home

This 0-bedroom, 0-bathroom multi-family at 718 E Ponce De Leon Avenue in Decatur, GA is listed for $900,000. Built in 1932, on a 0.31 acres lot.

Key Features

  • Built in 1932
  • 0.31 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
4 spaces
1932

Amenities

ViewHardwoodA/C
Listing Description

Investor opportunity in the heart of Decatur! This historic tri-plex offers three units with long term tenants already in place, providing immediate income potential for a turnkey investment. Future value can be had if a new owner develops some of the remaining lot into another residential unit.

The property features two units in the main home plus a third unit above the detached two-car garage. A new roof and new upstairs heat pump add value and peace of mind, while original wood paneling and built-in bookshelves preserve the home's historic character.

Situated on a double, corner lot with two driveways, a large backyard, three established garden plots, and a screened porch off the downstairs unit. Shared basement storage includes laundry and workshop space, with direct basement access for all units. Excellent location just two blocks from Glenwood Elementary, moments from the Avondale Estates Marta, downtown Decatur and approximately 1.3 miles from Agnes Scott College. A rare opportunity to own a multi-unit property in a highly convenient Decatur location

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$263

Estimates only. Actual payments may vary.

Location

718 E Ponce De Leon Avenue

Decatur, GA 30030

Property Details

Flooring

Hardwood

Construction

Brick Vinyl Siding

Views

City

Parking

Garage

Heating

Heat Pump (Heating)Natural Gas

Cooling

Central AirCeiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 718 E Ponce De Leon Avenue is listed at $900,000. The estimated monthly payment is $4,814 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1932, 0.31 acre lot, 2 stories, 4 parking spaces.

This property is listed by Christopher Rodriguez.

CR

Christopher Rodriguez

Agent at Redfin Corporation

Listed by Redfin Corporation · Broker phone: (678) 916-2126 · View on Broker Site · Broker website

MLS# 7847231· Source: First Multiple Listing Service, Inc.· 29 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.

718 E Ponce De Leon Avenue, Decatur, GA 30030

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