Great Investment Property! This Triplex fully rented is located a few blocks from downtown Decatur. Located across the street from school. This Property is in Fair Condition with several recent repairs to outside and inside recently. Unit 1 is 1bdrm, 1 bath with living room and kitchen, Unit 2 is 1bdrm, 1bath and kitchenette, Unit 3 is upstairs 1bdrm, 1bath, living room and kitchenette newly remodeled. Landlord pays Utilities, property tax and insurance. Parking on the street and in the back of property. Appointment ONLY! 24 HOUR NOTICE!
Sold for $113,000 on 02/23/23
$113,000
205 Prospect Dr SE, Decatur, AL 35601
--beds
--baths
1,611sqft
Multi Family
Built in 1944
-- sqft lot
$173,700 Zestimate®
$70/sqft
$1,121 Estimated rent
Home value
$173,700
$153,000 - $196,000
$1,121/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 28, 2025 at 02:18pm
Listed by:
Shane Odom 256-214-2196,
MarMac Real Estate
Bought with:
Philip Wright, 138422
The Grisham Group, LLC
Source: ValleyMLS,MLS#: 1827425
Facts & features
Interior
Heating
- Varies by Unit
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, Refrigerator, Oven
Features
- Has basement: No
Interior area
- Total structure area: 1,611
- Total interior livable area: 1,611 sqft
Property
Parking
- Total spaces: 3
- Parking features: On Street, Driveway
- Has uncovered spaces: Yes
Lot
- Size: 7,000 sqft
- Dimensions: 140 x 50
Details
- Parcel number: 0304191027004.000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Decatur
- Subdivision: D L I & F C
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2023 | Sold | $113,000-5%$70/sqft |
Source:  ValleyMLS #1827425 | ||
| 2/10/2023 | Pending sale | $119,000$74/sqft |
Source: ValleyMLS #1827425 | ||
| 2/7/2023 | Listed for sale | $119,000-1.6%$74/sqft |
Source: ValleyMLS #1827425 | ||
| 2/26/2021 | Sold | $120,888+0.8%$75/sqft |
Source: Agent Provided | ||
| 10/15/2020 | Listed for sale | $119,900+21.1%$74/sqft |
Source: MarMac Real Estate #1149911 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $777 | $17,160 |
| 2023 | $777 | $17,160 |
| 2022 | $777 -0.5% | $17,160 -0.5% |
Find assessor info on the county website
Neighborhood: 35601
Nearby schools
GreatSchools rating
- 4/10Banks-Caddell Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Decatur Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Decatur High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Banks-Caddell
- Middle: Decatur
- High: Decatur
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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