Decatur, AL Multifamily Properties for Sale

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Trinity, AL Athens, AL Tanner, AL Town Creek, AL Hartselle, AL Mooresville, AL Huntsville, AL Moulton, AL

22 properties

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Updated: Aug 17

Renovated 16-Unit Apartment Building

1614 SE Somerville Road, Decatur, AL 35601

$1,595,000

16,764 sqft 0.90 AC lot

16‑unit apartment property with 16,764 square feet
0.9‑acre site in Decatur, Alabama
100% occupancy reported
R‑4 zoning
Covered parking plus driveway and additional off‑street parking

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Updated: Jul 15

Brick Quadplex with Balcony

1803 Graymont Lane, Decatur, AL 35603

$425,000

3,448 sqft 0.25 AC lot

3,448‑square‑foot quadplex on 0.25 acres
All‑brick building constructed in 1985
Fully occupied property
Tenants pay electric; owner pays water and trash
Public water and public sewer service

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Brick Quadplex With Balconies

1809 Windover Place SW, Decatur, AL 35603

$425,000

3,448 sqft 0.29 AC lot

Multifamily property with public utilities, off-street parking, and a practical tenant expense arrangement.

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10-Unit Apartment Building

2005 Morgan Avenue and 201 8th Avenue, Decatur, AL 35601

$1,100,000

9,302 sqft

Renovated multifamily property with current occupancy and updated HVAC equipment in two units.

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Brick Quadplex

1816 SW Glenn Street, Decatur, AL 35603

$425,000

3,448 sqft 0.25 AC lot

Fully occupied income property with off-street parking, central HVAC, and public water and sewer service.

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Five-Unit Townhouse Apartment Property

1801 Glenn Street, Decatur, AL 35603

$600,000

6,624 sqft 0.36 AC lot

Five separately deeded townhouses offer a compact multifamily configuration near shopping, restaurants, and the Beltline.

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Updated Quadplex with Fenced Yard

201 8TH AVENUE, Decatur, AL 35601

$349,900

Four residential units feature refreshed interiors, off-street parking, outdoor space, and tenant storage.

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Five-Unit Townhouse Portfolio

1801 Glenn Street, Decatur, AL 35603

$600,000

6,624 sqft

Five individually deeded townhomes are offered together, with tenants responsible for their own utilities.

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Well-Maintained Quadplex Rental

201 8th SW Avenue, Decatur, AL 35601

$399,999

850 sqft

Four updated two-bedroom units with ample parking and a fenced yard provide turnkey residential income.

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Renovated 16-Unit Apartment Building

1614 Somerville Rd SE, Decatur, AL 35601

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16,764 sqft

16-unit apartment building in Decatur, recently renovated and offering covered plus off-street parking under R-4 zoning.

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Four-Building Multifamily Community

217 8th Street SW, Decatur, AL 35601

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14,976 sqft

Four buildings totaling 24 units, renovated in 2025 and currently fully occupied in Decatur, Alabama.

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Decatur Multifamily Investment Opportunity

201 8th Ave SW, Decatur, AL 35601

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3,448 sqft

Value-add multifamily property in Decatur, Alabama with potential upside.

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Renovated 12-Unit Apartment Buildings

223 8th St SW, Decatur, AL 35601

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7,712 sqft

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

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24-Unit Apartment Portfolio

1802 Ororke Ln SW, Decatur, AL 35603

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20,240 sqft

Renovated multifamily holdings near downtown, shopping, grocery stores, Decatur Morgan Hospital, and a short drive from Huntsville.

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Multifamily Quadplex Portfolio

1218 Brookline Ave SW, Decatur, AL 35603

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Four-parcel multifamily holding in Decatur, Alabama.

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Well-Maintained Brick Duplex For Sale

226 Cedar Lake Road, Decatur, AL 35603

$239,900

Ranch-style duplex with updated unit, ideal for investment.

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12-Unit Apartment Buildings

1414-1416 Smith Ave SW, Decatur, AL 35603

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Two nearby multifamily buildings offer varied unit layouts with enclosed garages and a covered porch.

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Townhome-Style Apartment Portfolio

2402 Gaslight Pl SW, Decatur, AL 35603

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Portfolio of 44 townhome-style apartments across eight buildings, with most units completely renovated.

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Sandlin Villa Apartments

2807 Sandlin Rd SW, Decatur, AL 35603

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Multifamily property in Decatur, Alabama, approximately 20 minutes from Huntsville.

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7-Unit Apartment Building

201 Prospect Dr SE, Decatur, AL 35601

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Converted house configured for multifamily residential use in Decatur, AL.

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Four-Unit Multifamily Property

205 8th Ave SW, Decatur, AL 35601

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Well-suited for income purposes, this four-unit multifamily property offers four rental units.

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8-Unit Apartment Building

1814 Glenn St SW, Decatur, AL 35603

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Multifamily asset comprising eight residential units in Decatur, Alabama.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Decatur, AL, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Decatur, AL

Consider similar Off-Market properties in Decatur, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

1221 Grant SE St, Decatur, AL 35601-3218

$220,000

Estimated value

3,526 sqft

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APARTMENT HOUSE (5+ UNITS)

2417 Gaslight SW Pl, Decatur, AL 35603-7941

$220,000

Estimated value

4,666 sqft

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Decatur, AL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Decatur, AL, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 113,648 square feet of properties for sale, with an estimated market value of $6,159,799.

Sale prices for multifamily properties in Decatur, AL start at $239,900, averaging $615,979, and reaching up to $1,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 68K

Population Growth (5Y) +5.8%

Median Household Income $63,373

College Educated 12.6%

High-Yield Neighborhoods for Investment

Identify Decatur submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
35603	$452.5K
35601	$861.2K

Taxes & Financing

Tax Rate (average for all types) 3.96%

Property Tax per SF $72.38 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Morgan County

Residential Income

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