Apartment Building

Decatur, AL Apartment Buildings for Sale

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Trinity, AL Athens, AL Tanner, AL Town Creek, AL Hartselle, AL Mooresville, AL Huntsville, AL Moulton, AL
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16-Unit Apartment Building
Updated: Aug 17
16-Unit Apartment Building

1614 SE Somerville Road, Decatur, AL 35601

$1,595,000
16,764 sqft 0.90 AC lot
16‑unit apartment property totaling 16,764 square feet
Situated on 0.9 acres at 1614 SE Somerville Road
100% occupancy with R‑4 zoning
Covered parking plus additional off‑street parking and driveways
Renovations and updates completed while retaining the property’s distinctive design
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Five-Unit Townhouse Apartment Property
Updated: Apr 6
Five-Unit Townhouse Apartment Property

1801 Glenn Street, Decatur, AL 35603

$600,000
6,624 sqft 0.36 AC lot
Five townhouses sold together as one multifamily property
Each townhouse occupies an individually deeded lot
6,624 square feet on 0.3599 acres
Unit mix includes three 3‑bedroom and two 2‑bedroom townhouses
Tenants pay their own utilities; owner maintains lawn service
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10-Unit Apartment Building
10-Unit Apartment Building

2005 Morgan Avenue and 201 8th Avenue, Decatur, AL 35601

$1,100,000
9,302 sqft

Renovated multifamily property with current occupancy and updated HVAC equipment in two units.

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Five-Unit Townhouse Portfolio
Five-Unit Townhouse Portfolio

1801 Glenn Street, Decatur, AL 35603

$600,000
6,624 sqft

Five individually deeded townhomes are offered together, with tenants responsible for their own utilities.

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Renovated 16-Unit Apartment Building
Renovated 16-Unit Apartment Building

1614 Somerville Rd SE, Decatur, AL 35601

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16,764 sqft

16-unit apartment building in Decatur, recently renovated and offering covered plus off-street parking under R-4 zoning.

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Four-Building Multifamily Community
Four-Building Multifamily Community

217 8th Street SW, Decatur, AL 35601

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14,976 sqft

Four buildings totaling 24 units, renovated in 2025 and currently fully occupied in Decatur, Alabama.

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Decatur Multifamily Investment Opportunity
Decatur Multifamily Investment Opportunity

201 8th Ave SW, Decatur, AL 35601

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3,448 sqft

Value-add multifamily property in Decatur, Alabama with potential upside.

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Renovated 12-Unit Apartment Buildings
Renovated 12-Unit Apartment Buildings

223 8th St SW, Decatur, AL 35601

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7,712 sqft

Two updated buildings offer a mix of one- and two-bedroom apartments with current occupancy and in-unit laundry hookups.

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24-Unit Apartment Portfolio
24-Unit Apartment Portfolio

1802 Ororke Ln SW, Decatur, AL 35603

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20,240 sqft

Renovated multifamily holdings near downtown, shopping, grocery stores, Decatur Morgan Hospital, and a short drive from Huntsville.

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12-Unit Apartment Buildings
12-Unit Apartment Buildings

1414-1416 Smith Ave SW, Decatur, AL 35603

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Two nearby multifamily buildings offer varied unit layouts with enclosed garages and a covered porch.

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Townhome-Style Apartment Portfolio
Townhome-Style Apartment Portfolio

2402 Gaslight Pl SW, Decatur, AL 35603

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Portfolio of 44 townhome-style apartments across eight buildings, with most units completely renovated.

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7-Unit Apartment Building
7-Unit Apartment Building

201 Prospect Dr SE, Decatur, AL 35601

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Converted house configured for multifamily residential use in Decatur, AL.

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8-Unit Apartment Building
8-Unit Apartment Building

1814 Glenn St SW, Decatur, AL 35603

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Multifamily asset comprising eight residential units in Decatur, Alabama.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Decatur, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Occupied Apartment Building
Occupied Apartment Building

609 Adelle Street, Hartselle, AL 35640

$400,000
13,939 sqft

Fully occupied multifamily property constructed in 1992 near major employment and education centers.

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Hartselle Multifamily Investment Opportunity
Hartselle Multifamily Investment Opportunity

102 Puckett Rd, Hartselle, AL 35640

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18,070 sqft

31-unit apartment community in Hartselle, Alabama, near Highway 31.

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14-Unit Apartment Building
14-Unit Apartment Building

206 Cloverleaf Dr, Athens, AL 35611

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11,094 sqft

Partially renovated apartment community with all units occupied and convenient access to everyday services.

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12-Unit Apartment Community with Brick
12-Unit Apartment Community with Brick

12055 Lawngate Road, Athens, AL 35611

Contact for pricing
14,060 sqft

Heritage Landings is a 12-unit multifamily community featuring mostly brick buildings and a tar-and-gravel pitched roof.

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Off-Market Properties in Decatur, AL

Consider similar Off-Market properties in Decatur, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1221 Grant SE St
APARTMENT HOUSE (5+ UNITS)

1221 Grant SE St, Decatur, AL 35601-3218

$220,000
Estimated value
3,526 sqft
View details
2417 Gaslight SW Pl
APARTMENT HOUSE (5+ UNITS)

2417 Gaslight SW Pl, Decatur, AL 35603-7941

$220,000
Estimated value
4,666 sqft
View details
1604 8th SE St
APARTMENT HOUSE (5+ UNITS)

1604 8th SE St, Decatur, AL 35601

$205,000
Estimated value
4,200 sqft
View details
406 Lafayette NE St
APARTMENT HOUSE (5+ UNITS)

406 Lafayette NE St, Decatur, AL 35601-1975

Value Estimation by Request
9,432 sqft
View details
414 Lafayette NE St
APARTMENT HOUSE (5+ UNITS)

414 Lafayette NE St, Decatur, AL 35601-1958

Value Estimation by Request
1,732 sqft
View details
1806 Runnymead SW Ave
APARTMENT HOUSE (5+ UNITS)

1806 Runnymead SW Ave, Decatur, AL 35601-4681

$180,000
Estimated value
13,992 sqft 2.00 AC lot
View details
305 Courtney SW Dr
APARTMENT HOUSE (5+ UNITS)

305 Courtney SW Dr, Decatur, AL 35603-1929

$4,955,000
Estimated value
16,648 sqft 6.40 AC lot
View details
1203 Nn SE St
APARTMENT HOUSE (5+ UNITS)

1203 Nn SE St, Decatur, AL 35601-5066

$210,000
Estimated value
3,526 sqft
View details
2411 Gaslight SW Pl
APARTMENT HOUSE (5+ UNITS)

2411 Gaslight SW Pl, Decatur, AL 35603-7944

$1,655,000
Estimated value
4,608 sqft
View details
2817 Wimberly SW Dr
APARTMENT HOUSE (5+ UNITS)

2817 Wimberly SW Dr, Decatur, AL 35603-4561

Value Estimation by Request
1,689 sqft
View details
1610 Ororke SW Ln
APARTMENT HOUSE (5+ UNITS)

1610 Ororke SW Ln, Decatur, AL 35603-2597

$240,000
Estimated value
3,918 sqft
View details

Decatur, AL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Decatur, AL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 102,454 square feet of properties for sale, with an estimated market value of $3,895,000.

Sale prices for two-family homes in Decatur, AL start at $600,000, averaging $973,750, and reaching up to $1,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 68K
Population Growth (5Y) +5.8%
Median Household Income $63,373
College Educated 12.6%

High-Yield Neighborhoods for Investment

Identify Decatur submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
35603 $600K
35601 $1.3M

Taxes & Financing

Tax Rate (average for all types) 3.96%
Property Tax per SF $72.38 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Morgan County

Residential Income

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