Active

422 Lafayette Street

Decatur, AL 35601

$750,000 $3,162/Mo

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Description

• 8-unit apartment complex in downtown Decatur. • 5- 2 bedroom 1 bath units • 3-1-bedroom 1 bath units • One building is 3,878+/- SQ FT and one is 3,776 +/- SQ FT fully brick with shingle roof • Corner lot at the intersection of Lafayette ST and Well ST • Electricity recently updated each unit has a new breaker box • All units have heating and cooling • 10 on-site parking spaces with extra on-street parking available

Property Details

Property Type : Residential Income

Price : $750,000

AD Id : 61725378

MLS Id : 21878333

Year Built : --

County : MORGAN

Subdivision: Old Decatur

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

Heating: None

Building Information

Building Area Total: 7654 Construction Materials: Brick Stories: 2 Private Pool: No

Property Information

Subdivision: Old Decatur Source Property Type: Residential Income Zoning Description: Residential Property SubType: Apartment Levels: Two

Listing Price Information

Listing Price: $750000 Original Price: $799000 Conventional, Cash

Tax Information

Parcel Number: 03 04 17 3 007 009.000 Tax Lot: 29 Tax Block: 0 Annual Tax: $4300 Tax Legal Desc: parts of lots 29 and 30 of City of "New Town" Decatur, Alabama

Parking Information

Parking Total: 10 On Street, Parking Lot, Shared Driveway, Concrete, Driveway

School Information

Elementary School: Banks-Caddell

Junior High School: Decatur

Senior High School: Decatur
Location Information

Direction: From Highway 31 Turn On Lafayette St Ne Property Will Be On Your Right At The Intersection Of Of Lafayette St And Well St WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1612 Tower Street, Decatur, AL, 35601	$340,000	--	--	--
201 Prospect Drive, Decatur, AL, 35601	$450,000	--	--	--
740 Sykes Street, Decatur, AL, 35601	$249,500	3	3	2,159	2,159 SqFt

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©2026 ValleyMLS.com. This content last refreshed on 06/19/2026 @ 01:54. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/19/2026 @ 01:54

MLS: 21878333 LISTED BY: Shane Odom, Marmac Real Estate 256-250-6009 SOURCE: ValleyMLS