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    1803 Graymont Ln Decatur, AL 35603

    For Sale
    $400,000

    Multi Family - Decatur, AL

    Type:Multi Family
    Lot size:
    0.25 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 1803 Graymont Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    02 07 36 3 000 005.013
    Parking
    8
    Parking features
    Off Street
    Lot size
    0.25 Acres

    Building Details

    Year built
    1985
    Number of units
    4
    Architectural style
    Other

    Gateway AL Realty Group LLC (256) 429-9360

    Listing agent Len Johnson (256) 509-2078

    Listing date Nov 13, 2025

    MLS# 21879320 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur Multi-Family Portfolio Offering

    This portfolio sale includes three 4-plexes and one duplex, totaling 14 units. The properties are located near shopping and restaurants in Decatur, Alabama. Included in the package are properties at the following addresses: 1816 Glenn Street, 1803 Graymont Lane, 1809 Windover Place, and 202 Somerville Road. All properties are occupied and reported to be in good condition with no deferred maintenance. The lot size is approximately 0.25 acres. Tenants are responsible for electric, while the owner covers water and trash expenses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -87.015214
    Latitude
    34.564819

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      Decatur Multi-Family Portfolio Opportunity

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      Decatur Warehouse in Finley Island

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      Decatur Multi-Family Portfolio Opportunity

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      Decatur, AL Quadplex For Sale

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      View Details

    FAQs

    What type of property is this?
    Quadplex - Fourteen-unit portfolio in Decatur, Alabama, offered as package.
    Where is this quadplex located?
    The property is located at 1803 Graymont Ln Decatur, AL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Portfolio sale of 14 units (three 4-plexes and one duplex) for $1,450,000.; - All properties are occupied and in good condition with no deferred maintenance.; - Convenient location near shopping and restaurants.
    (256) 509-2078
    Request Owner's contact information
    1803 Graymont Ln Decatur, AL 35603
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    Decatur, AL 35603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1803 Graymont Ln Decatur, AL 35603
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