Tenant-Occupied Duplex: Income Potential

332 Lockwood Terrace, Decatur, GA 30030

View on Map

For Sale

$725,000

MULTI_FAMILY - Decatur, GA

Property size:

1,000 SF

Lot size:

0.38 Acres

Price / SF:

$725/SF

HighLights

Tenant‑occupied duplex providing instant rental income
No HOA and no rental restrictions, offering flexibility
Separate driveways and large, private yards for each unit
New water heaters in both units
Minutes to Downtown Atlanta with easy access to MARTA
Located in an area with top‑rated schools

We can help!

Listing Contact

RHONDA DUFFY

For Sale

$725,000

MULTI_FAMILY - Decatur, GA

Property size:

1,000 SF

Lot size:

0.38 Acres

Price / SF:

$725/SF

Added:: Mar 10, 2026
Days on Market:: 93
Last Refresh:: Jun 10 at 11:06 pm

Property Features for 332 Lockwood Terrace

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking: 2
Parking features: Driveway
Fencing: Privacy
Standard status: Active
APN: 18 007 05 137
Size: 1,000 SF
Lot size: 0.38 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 3392

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1980
Floors in Building: 1
Number of units: 2
Building materials: Wood Siding
Roof type: Composition

We can help!

Listing Contact

RHONDA DUFFY

Listing agent RHONDA DUFFY License #177871

Listing office Duffy Realty of Atlanta 12295 Big Canoe, GA

Listing date Mar 10, 2026

MLS# 7732562 Listing URL

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Tenant‑occupied duplex providing instant rental income
No HOA and no rental restrictions, offering flexibility
Separate driveways and large, private yards for each unit
New water heaters in both units
Minutes to Downtown Atlanta with easy access to MARTA
Located in an area with top‑rated schools

Overview

Located in Decatur, this tenant-occupied duplex at 332 Lockwood Terrace presents an opportunity for investors seeking instant rental income or buyers looking to occupy one unit while renting the other. The property features two units, each with 2 bedrooms and 1.5 baths, encompassing approximately 1,000 square feet. Recent enhancements include new water heaters in both units, fresh exterior paint, refurbishment of Unit B, and updated landscaping. Each unit has a private driveway and a large yard. The 0.38-acre lot offers space and independence for residents. The property benefits from its proximity to Downtown Atlanta and MARTA access. Residents can easily access Downtown Decatur's restaurants, shops, local events, nearby parks, public pools, and a local farmer's market just 2 miles away. With no HOA and no rent restrictions, this property provides flexibility for investors and owner-occupants. The location offers immediate income potential in a convenient area of Decatur.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Decatur
County: DeKalb
State: Georgia
Longitude: -84.281313
Latitude: 33.78132

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For sale
Duplexes
GA
Decatur
30030
332 Lockwood Terrace

What type of property is this?

Duplex - Decatur duplex with no HOA, rent restrictions, and instant income.

Where is this duplex located?

The property is located at 332 Lockwood Terrace Decatur, GA.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: Tenant‑occupied duplex providing instant rental income; No HOA and no rental restrictions, offering flexibility; Separate driveways and large, private yards for each unit

332 Lockwood Terrace, Decatur, GA 30030

MULTI_FAMILY - Decatur, GA

Property Features for 332 Lockwood Terrace

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Decatur Office with High Visibility

Prime Commercial Opportunity on Covington Highway

Decatur Commercial Property with Business

Decatur Office with High Visibility

Decatur Commercial Property Opportunity

Prime Commercial Opportunity in Decatur

Decatur Office/Residential Opportunity

C1 Zoning Retail Storefront

Restored Sinclair Gas Station

Decatur Commercial Property For Sale

Decatur Commercial Property For Sale

Decatur Multifamily with Income Potential

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