1151 Canal Street
Decatur, GA 30032
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Bed
0
Bath
0.33Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Roofing Information
Shingle -
Interior Features
Roof: Shingle Window Features: Wood Frames -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1950 Private Pool: No View: Neighborhood
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Lot Information
Lot Dimensions: 153 x 100 Lot Size Acres: 0.33 Lot Size Source: Public Records Lot Description: LevelProperty Information
Subdivision: Panama Park Source Property Type: Residential Income Postal Code Plus 4: 2304 Property SubType: Duplex Levels: One Property Age: 76
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Listing Price Information
Listing Price: $335000
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Tax Information
Parcel Number: 15 220 06 004 Tax Year: 2025 Annual Tax: $5020 Tax Legal Desc: Available upon request
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Parking Information
Driveway
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School Information
Elementary School: PeachcrestJunior High School: Mary McLeod BethuneSenior High School: Towers -
Utility Information
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available -
Location Information
Direction: From I-285 exit onto Covington Hwy (exit 43), make a right on Canal St, first house on the left. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1485 Janmar Drive, Decatur, GA, 30032 | $495,000 | -- | -- | -- | 0.38 Acre |
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ByOwner last updated this listing 09/06/2026 @ 04:43
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