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Renovated 12-Unit Apartment Buildings
For Sale
Contact for pricing
Pending

223 8th St SW, Decatur, AL 35601

Two updated buildings offer a mix of one- and two-bedroom apartments with current occupancy and in-unit laundry hookups.

Property Size7,712 SF
Days on Market195

Property Features for 223 8th St SW

General Information

Standard status Pending
Size 7,712 SF
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA, 8 x 1BR/1BA
Multifamily Units 12

Building Details

Year Renovated 2025
Buildings 2
Listing Agency: Amerisell Realty
Listed By: Tracy Hood · License #84479-1
Source: Crexi
Added: Feb 18 Changed: Aug 30 Last Checked: Sep 1 at 1:40AM

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 Amerisell Realty

Investment Insights

Based on property information with market context.

This apartment property includes two buildings containing 12 units and 7,712 SF. The unit mix comprises four two-bedroom, one-bath apartments and eight one-bedroom, one-bath apartments. Renovation work completed in 2025 included flooring, kitchen cabinetry, select granite countertops, appliances, bathroom vanities, and interior finishes. Multiple water heaters and HVAC systems were also replaced. Every unit includes washer/dryer hookups, while brick and vinyl exteriors are paired with metal roofing.

The property is located at 223 8th Street Southwest in Decatur, Alabama. Residents can walk to the Riverwalk and historic downtown, with dining and entertainment nearby. The surrounding area also includes access to major employers, educational institutions, and cultural attractions. All 12 units are currently occupied.

Key Highlights

  • 12 units across 2 buildings totaling 7,712 SF
  • Unit mix includes 4 two‑bedroom and 8 one‑bedroom apartments
  • Renovation and system updates completed in 2025

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Plumbing Service Kitchen & Bath Showroom Carpet & Flooring Store

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

Lease Details

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby

Demographics for 35601, AL

34,958
Population
15,168
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
26.5 sq mi
ZIP Area
1,319
Density / Sq Mi
$50,216
Median Household Income
$33,438
Median Earnings
$860
Median Rent
$148,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two updated buildings offer a mix of one- and two-bedroom apartments with current occupancy and in-unit laundry hookups.
Where is this apartment building located?
The property is located at 223 8th St SW Decatur, AL.
What are key features of this property?
This property features: 12 units across 2 buildings totaling 7,712 SF; Unit mix includes 4 two‑bedroom and 8 one‑bedroom apartments; Renovation and system updates completed in 2025
(256) 429-9360 Call to check price and availability
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