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Tenant-Occupied Duplex
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 Market175

Property Features for 332 Lockwood Terrace

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Parking features Driveway
Fencing Privacy
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

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

large yards

Building Details

Year built 1980
Floors in Building 1
Number of units 2
Building materials Wood Siding
Roof type Composition
Listing Agency: Duffy Realty of Atlanta
Listed By: RHONDA DUFFY · License #177871
Added: Mar 10 Changed: Aug 19 Last Checked: Aug 31 at 3:06PM
MLS# 7732562

Copyright © 2026 First Multiple Listing Service, Inc. 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 tenant-occupied duplex contains two residential units, each with 2 bedrooms, 1.5 baths, and approximately 1,000 square feet. The property sits on a 0.38-acre lot and was built in 1980, with wood siding, composition roofing, central heating and cooling, privacy fencing, and driveway parking. Both units have separate driveways and large yards, while recent work includes new water heaters, fresh exterior paint, landscaping, and refurbishment of Unit B.

Public water and public sewer serve the property, with cable available. The address is minutes from Downtown Atlanta and offers access to nearby MARTA service. Downtown Decatur restaurants, shops, events, parks, public pools, and a farmer’s market approximately 2 miles away add to the surrounding amenities. There is no HOA or rent restriction stated for the property.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1.5 baths per unit
  • Approximately 1,000 square feet in each unit
  • 0.38‑acre lot with separate driveways and large yards

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate driveways, private yards, and recent exterior improvements with no HOA or rent restrictions.
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; Approximately 1,000 square feet in each unit; 0.38‑acre lot with separate driveways and large yards
More about this property
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