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    Decatur Condo Near Glenlake Park Title is generated by Realmo AI

    1181 Church Street G, Decatur, GA 30030

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    For Sale
    $215,000

    Condo near downtown Decatur and Glenlake Park.

    Type:Condo/Townhome
    Property size:
    936 SF
    Lot size:
    0.01 Acres
    Price / SF:
    $229/SF
    Added:
    Mar 23, 2026
    Days on Market:
    82
    Last Refresh:
    Apr 5 at 8:27 pm

    Property Features for 1181 Church Street G

    General Information

    Standard status
    Active
    Size
    936 SF
    Lot size
    0.01 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1968

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    Listing Contact
    Ellen Buettner
    Ellen Buettner

    Listing agent Ellen Buettner License #360578

    Listing office Keller Williams Realty Metro Atlanta

    Listing date Mar 23, 2026

    Source Exitrealty

    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 Keller Williams Realty Metro Atlanta

    HighLights

    • City of Decatur Schools
    • Walkable to downtown Decatur restaurants, retail, and grocery stores
    • Close proximity to 17‑acre Glenlake Park with off‑leash dog area and walking trails
    • Community pool access
    • Granite countertops and gas range in kitchen
    • Washer and dryer in unit

    Overview

    This sunlight-filled condo is located in the City of Decatur and zoned for City of Decatur Schools. The property is near the 17-acre Glenlake Park, which includes an off-leash dog area and walking trails. Residents can also access the Glenlake pool and tennis courts. The kitchen features granite countertops, a gas range, and a pantry. A washer and dryer are included in the unit. The unit is located up a flight of exterior stairs and has no units above it. The property is walkable to downtown Decatur and close to shopping areas with restaurants, retail shops, and grocery stores. It also offers easy access to 285, Emory, Agnes Scott, and the CDC. The property size is 936 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $24.4k $26.04
    − Vacancy −$1.5k −$1.61
    EGI $22.9k $24.43
    − OpEx −$10.3k −$10.99
    NOI $12.6k $13.43
    936 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $179.6K
    $157.2K – $209.6K (±1% cap)
    NOI $12,574 @ 7.0% cap · market cap 5.85%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $261.6K
    $228.9K – $305.3K (±1% cap)
    NOI $18,315 @ 7.0% cap · market cap 8.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.2926961
    Latitude
    33.7846115

    FAQs

    What type of property is this?
    Residential income property - Condo near downtown Decatur and Glenlake Park.
    Where is this residential income property located?
    The property is located at 1181 Church Street G Decatur, GA.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: City of Decatur Schools; Walkable to downtown Decatur restaurants, retail, and grocery stores; Close proximity to 17‑acre Glenlake Park with off‑leash dog area and walking trails
    More about this property
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