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Two-Unit Duplex
For Sale
$335,000

1151 Canal Street, Decatur, GA 30032

Duplex with two-bedroom, one-bath units and separate laundry and utility rooms.

Property SizeContact for details
Days on Market48

Property Features for 1151 Canal Street

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1950
Listing Agency: The Mcgill Co
Listed By: Intown Elite
Source: Intownelite
Added: Sep 1 Changed: Oct 16 Last Checked: Oct 16 at 8:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Mcgill Co

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Investment Insights

Based on property information with market context.

This two-unit duplex, built in 1950, offers a consistent layout across both residences, with two bedrooms, one bathroom, and a dedicated laundry and utility room per unit. The crawlspace is encapsulated and equipped with a commercial dehumidifier. The property is being sold as-is, and the owner has not occupied the home.

The property is located less than one mile from I-285, providing access to Decatur, Downtown Atlanta, and major employment centers. The units are subject to existing leases, with terms ending July 31, 2027, and December 31, 2026. Water is billed to the landlord because it is not separately metered; tenants pay the other utilities directly.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bathroom in each residence
  • Separate laundry and utility room for both units
  • Crawlspace encapsulated with a commercial dehumidifier

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Parking Lot & Garage Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby

Demographics for 30032, GA

44,697
Population
20,676
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
91%
High-School Grad
13.6 sq mi
ZIP Area
3,287
Density / Sq Mi
$61,292
Median Household Income
$37,443
Median Earnings
$1,364
Median Rent
$245,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two-bedroom, one-bath units and separate laundry and utility rooms.
Where is this duplex located?
The property is located at 1151 Canal Street Decatur, GA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bathroom in each residence; Separate laundry and utility room for both units; Crawlspace encapsulated with a commercial dehumidifier
More about this property
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