Pending

217 8th Street

Decatur, AL 35601

$1,925,000 $8,115/Mo

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Overview

Bed

Bath

0.45

Acre(Lot)

Description

Apartments priced at $80,208/door, four six-unit apartment buildings for a total of 24 units offers a mix of 1 and 2 bedroom units, with a value-add upside, quality renovations have upgrades and updates, some include new cabinets and granite countertops, new bathroom vanities, metal roofs, most HVACs and water heaters have been replaced, each building has four 1-bedroom units and two 2-bedroom units. Value-add opportunity with market rent increases,100% occupancy. Pre-approval lender letter and POF with offers. Showings during inspection after contract and EMD.

Property Details

Property Type : Residential Income

Price : $1,925,000

AD Id : 74571413

MLS Id : 21908383

Lot Size : 0.45 Acre

Year Built : 1980

County : MORGAN

Subdivision: Metes And Bounds

Map

What's Nearby

Nearby Areas

Features

Interior Features

Appliances: Refrigerator, Dishwasher, Electric Water Heater, Oven Laundry Features: Washer Hookup
Heating & Cooling

Has Heating: Yes Heating: Central, Electric, Varies by Unit Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1980 Building Area Total: 14976 Stories: 2 Patio And Porch Features: Deck, Porch Private Pool: No

Lot Information

Main Square Feet: 0.45 Acres Lot Size Acres: 0.45 Lot Size Square Feet: 19602

Property Information

Subdivision: Metes And Bounds Source Property Type: Residential Income Zoning Description: Multi Family Property SubType: Multi Family Levels: Two Property Age: 46

Listing Price Information

Listing Price: $1925000 Cash, Conventional

Tax Information

Parcel Number: 03 09 30 1 002 017.000 Tax Year: 2025 Annual Tax: $7389 Tax Legal Desc: COM AT INT SO R/W OF 8TH STREET AND E R/W OF 2ND AVE S W; TH E ON SO R/W OF 8TH ST 28O' TO P OBTH CONT E 320'S; TH SW 20'S; THE 60'S; TH SW 410'S; TH N 1 90'S171.07'D TO POB IN SEC 30, T5S,R4W.

Parking Information

Parking Total: 36 Private, Off Street, Parking Lot

School Information

Elementary School: Banks-Caddell

Junior High School: Austin Middle

Senior High School: Austin
Location Information

Direction: South On Central Parkway, Right On 8th Street, Property On The Left. No Signage. WaterSource: Public Security Features: Smoke Detector(s)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
202 Somerville Road #SE, Decatur, AL, 35601	$250,000	--	--	--
410 11th Avenue, Decatur, AL, 35601	$200,000	--	--	--

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©2026 ValleyMLS.com. This content last refreshed on 06/10/2026 @ 20:31. 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 06/10/2026 @ 20:31

MLS: 21908383 LISTED BY: Len Johnson, Gateway Al Realty Group LLC 256-509-2078 SOURCE: ValleyMLS