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217 8th SW Street Decatur, AL 35601

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For Sale
$1,925,000

24 units with value-add potential in Decatur, Alabama.

Type:Multi Family
Added:
Jan 26, 2026
Days on Market:
81
Last Refresh:
Apr 7 at 11:16 pm

Property Features for 217 8th SW Street

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1980

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Listing Contact
Len Johnson
Len Johnson

Listing agent Len Johnson License #40398

Listing office Gateway AL Realty Group LLC

Listing date Jan 26, 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 Gateway AL Realty Group LLC


Overview

24-Unit Multifamily Investment Opportunity

This offering comprises four six-unit apartment buildings, totaling 24 units. The unit mix includes both one-bedroom and two-bedroom layouts. The property presents a value-add opportunity through market rent increases and is currently at 100% occupancy. Quality renovations have been implemented, featuring upgrades and updates such as new cabinets, granite countertops, and bathroom vanities in select units. The buildings are equipped with metal roofs, and most HVAC systems and water heaters have been replaced. Each building consists of four one-bedroom units and two two-bedroom units. The apartments are priced at $80,208 per door. Pre-approval lender letter and proof of funds are required with offers. Showings will be conducted during the inspection period after contract and earnest money deposit.
Location Intelligence

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Apartment buildings

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

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

Location Insight

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City
Decatur
County
Morgan
State
Alabama
Longitude
-86.9891412
Latitude
34.5891391

FAQs

What type of property is this?
Apartment building - 24 units with value-add potential in Decatur, Alabama.
Where is this apartment building located?
The property is located at 217 8th SW Street Decatur, AL.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Priced at $80,208 per door, offering an attractive investment opportunity.; 100% occupancy provides immediate cash flow.; Value‑add potential through market rent increases.
More about this property
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