Active

718 E Ponce De Leon Avenue

Decatur, GA 30030
Mark as Favorite
Bed --

Bed

Bath 0

Bath

Acres0.31

Acre(Lot)

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 fo r 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

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $900,000

AD Id : 91634207

MLS Id : 7847231

Lot Size : 0.31 Acre

Tax Amount : $15,752

Year Built : 1932

County : Dekalb

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Flooring Information

    Hardwood, Other
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump, Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1932 Construction Materials: Brick, Vinyl Siding Private Pool: No View: City

  • Lot Information

    Lot Dimensions: 186 x 70 Lot Size Acres: 0.31 Lot Size Source: Public Records Lot Description: Corner Lot, Level, Private

    Property Information

    Subdivision: n/a Source Property Type: Residential Income Postal Code Plus 4: 2002 Property SubType: Triplex Levels: Two Property Age: 94

  • Listing Price Information

    Listing Price: $900000

  • Tax Information

    Parcel Number: 15 247 05 021 Tax Lot: 27 Tax Block: B Tax Year: 2025 Annual Tax: $15752 Tax Legal Desc: x

  • Parking Information

    Parking Total: 4 Garage, Varies by Unit

    Garage Information

    Has Garage: Yes

  • School Information

    Elementary School: Glennwood
    Junior High School: Beacon Hill
    Senior High School: Decatur
  • Utility Information

    Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Location Information

    Direction: FROM I-285 N - Take exit 41 toward Avondale Estates - Use the right lane to turn left onto GA-10 W - Turn right onto GA-10 W/Mountain Dr - Turn right onto US-278 W - Continue straight onto N Avondale Rd - Continue onto E College Ave - Turn right onto Sams Crossing - Turn left onto E Ponce de Leon Ave - Destination will be on the right WaterSource: Public Security Features: Carbon Monoxide Detector(s)
Sell a home like this and save $53,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
120 S Candler Street, Decatur, GA, 30030 $749,000 -- -- -- 0.70 Acre
545 Oakview Road, Decatur, GA, 30030 $995,000 -- -- -- 0.18 Acre
140 Scott Boulevard, Decatur, GA, 30030 $549,000 -- -- -- 0.21 Acre

Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please (https://www.fmls.com/dmca.htm) to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS.

ByOwner last updated this listing 10/07/2026 @ 13:35

MLS: 7847231 LISTED BY: Christopher Rodriguez, Redfin Corporation 404-800-3623 SOURCE: First Multiple Listing Service (FMLS)

Homes around $900,000

Selling? Save $53,501 when you sell a home like this

Tour with a ByOwner Agent