This property includes a single-family residence and a 5-unit apartment building. Excellent opportunity to begin a profitable real estate portfolio. Property is well maintained and includes recent renovations. Additional 4-unit property is available at 201 8th Avenue, Decatur, AL for additional $400,000.
For sale
Price cut: $30K (10/31)
$700,000
2005 Morgan Ave SW, Decatur, AL 35601
--beds
--baths
5,854sqft
Est.:
Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
- 514 days |
- 101 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 07:02am
Listed by:
Len Johnson 256-509-2078,
Gateway AL Realty Group LLC
Source: ValleyMLS,MLS#: 21866035
Tour with a local agent
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Refrigerator, Dishwasher, W/D Hookup, Electric Water Heater
Features
- Has basement: No
Interior area
- Total structure area: 5,854
- Total interior livable area: 5,854 sqft
Property
Parking
- Total spaces: 12
- Parking features: Private, Lighted, Off Street
Features
- Patio & porch: Patio, Deck, Porch
- Exterior features: Balcony
- Fencing: Wood
Lot
- Size: 0.36 Acres
- Dimensions: 90 x 172
Details
- Parcel number: 02 07 36 1 002 033.000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Railroad Association
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $349,500
- Annual tax amount: $3,166
- Date on market: 7/17/2024
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Price change | $700,000-4.1%$120/sqft |
Source:  ValleyMLS #21866035 Report a problem | ||
| 4/16/2025 | Price change | $730,000-0.7%$125/sqft |
Source: ValleyMLS #21866035 Report a problem | ||
| 11/19/2024 | Price change | $735,000+1.4%$126/sqft |
Source: ValleyMLS #21866035 Report a problem | ||
| 7/17/2024 | Listed for sale | $725,000+190.1%$124/sqft |
Source: ValleyMLS #21866035 Report a problem | ||
| 2/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,166 +13.5% | $69,900 +13.5% |
| 2023 | $2,789 | $61,560 |
| 2022 | $2,789 +18.8% | $61,560 +18.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,851/mo
Principal & interest
$3402
Home insurance
$245
Property taxes
$204
Climate risks
Neighborhood: 35601
Nearby schools
GreatSchools rating
- 2/10Austinville Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Cedar Ridge Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Austin High SchoolGrades: 10-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Austinville
- Middle: Austin Middle
- High: Austin
Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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