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Tenant-Occupied Duplex with Private Driveways
For Sale
$725,000
Pending

332 Lockwood Terrace, Decatur, GA 30030

Residential Income, Decatur, GA

Property SizeContact for details
Lot Size0.38 Acres
Days on Market176

Property Features for 332 Lockwood Terrace

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Parking features Off Street
Elementary school Glennwood
Middle school Beacon Hill
High school Decatur
Directions Ga-10 E/John Lewis Freedom Pkwy NE, right on Ponce De Leon Ave NE, continue straight to Scott Blvd, right on N Decatur Rd, right on Church St, left on Sycamore Dr, left on Fairview St, right on Lockwood Terrace
Standard status Pending
APN 18 007 05 137
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3392

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

private driveway
large yard

Building Details

Year built 1980
Floors in Building 1
Number of units 2
Building materials Wood Siding
Listing Agency: Duffy Realty
Listed By: Rhonda Duffy · License #177871
Added: Mar 10 Changed: Aug 19 Last Checked: Sep 1 at 2:06PM
MLS# 10707304

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

Investment Insights

Based on property information with market context.

This 1980 duplex contains two residential units, each with 2 bedrooms, 1.5 baths, and approximately 1,000 square feet. Both units are occupied, with separate driveways and large yards providing distinct outdoor areas. Recent property work includes new water heaters in each unit, fresh exterior paint, landscaping, and refurbishment of Unit B. The structure has wood siding, central heating and central air, off-street parking, public water, and public sewer.

The property is located at 332 Lockwood Terrace in Decatur, with access to Downtown Atlanta and nearby MARTA service. Downtown Decatur amenities, parks, public pools, and a farmers market are also identified in the surrounding area. There is no HOA, and the property has no rent restrictions. The existing renters are family or friends paying below-market rent.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1.5 baths per unit
  • Each unit offers approximately 1,000 square feet
  • Both units are tenant‑occupied; renters are family or friends paying below‑market rent

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Electrical Service Barber Shop Fish Market

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,419
Businesses Nearby

Demographics for 30030, GA

32,364
Population
14,672
Households
2.2
Avg Household Size
39
Median Age
77%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
4,830
Density / Sq Mi
$127,318
Median Household Income
$81,712
Median Earnings
$1,683
Median Rent
$598,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two-unit property with separate yards and recent exterior updates.
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: Two‑unit duplex with 2 bedrooms and 1.5 baths per unit; Each unit offers approximately 1,000 square feet; Both units are tenant‑occupied; renters are family or friends paying below‑market rent
More about this property
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