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Triplex with Garage Unit
New
For Sale
$900,000

718 E Ponce De Leon Avenue, Decatur, GA 30030

Three residences are occupied by long-term tenants, with shared basement space for laundry and workshop use.

Property SizeContact for details
Days on Market6

Property Features for 718 E Ponce De Leon Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Triplex

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $15,752

Amenities

screened porch
laundry
workshop space
garden plots

Building Details

Year Built 1932
Tenancy Multi
Listing Agency: Redfin Corporation
Listed By: Christopher Rodriguez
Source: Evatlanta
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 10:39PM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

Built in 1932, the property contains three units: two in the main house and a third above a detached two-car garage. Improvements include a new roof and an upstairs heat pump. Original wood paneling and built-in bookshelves remain in the main home, and the downstairs unit has a screened porch. The shared basement provides laundry and workshop space, with access for all three units.

The property occupies a double corner lot with two driveways, a large backyard, and three garden plots. Glenwood Elementary is two blocks away; the property is also near Avondale Estates MARTA, downtown Decatur, and approximately 1.3 miles from Agnes Scott College.

Key Highlights

  • Three units: two in the main house and one above a detached two‑car garage
  • Long‑term tenants are in place
  • Built in 1932; new roof and upstairs heat pump

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience Store 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

3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,510
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
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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?
Triplex - Three residences are occupied by long-term tenants, with shared basement space for laundry and workshop use.
Where is this triplex located?
The property is located at 718 E Ponce De Leon Avenue Decatur, GA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Three units: two in the main house and one above a detached two‑car garage; Long‑term tenants are in place; Built in 1932; new roof and upstairs heat pump
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