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    Decatur, AL
    Multifamily

    Decatur, AL Multifamily Properties for Sale

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    Trinity, AL Athens, AL Tanner, AL Hartselle, AL Moulton, AL Huntsville, AL Madison, AL Danville, AL
    7 properties
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    16-Unit Apartment Building
    Updated: Aug 17
    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 totaling 16,764 square feet
    Situated on 0.9 acres at 1614 SE Somerville Road
    100% occupancy with R‑4 zoning
    Covered parking plus additional off‑street parking and driveways
    Renovations and updates completed while retaining the property’s distinctive design
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    Brick Quadplex with Balconies
    Updated: Jul 16
    Brick Quadplex with Balconies

    1816 SW Glenn Street, Decatur, AL 35603

    $425,000
    3,448 sqft 0.25 AC lot
    All‑brick quadplex with 3,448 square feet of building area
    0.25‑acre lot; built in 1985
    Fully occupied with no deferred maintenance reported
    Tenants pay electric; owner pays water and trash
    Balconies, patios, porches, and off‑street parking
    View details
    All-Brick Quadplex with Balconies
    All-Brick Quadplex with Balconies

    1803 Graymont Lane, Decatur, AL 35603

    $425,000
    3,448 sqft 0.25 AC lot

    Fully occupied quadplex with all-brick construction, off-street parking, and public water and sewer service.

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    See hot listings in Decatur

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Well-Maintained Quadplex Rental
    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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    Brick Quadplex With Balconies
    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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    Updated Quadplex with Fenced Yard
    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Well-Maintained Brick Duplex For Sale
    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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    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 7 Active listings in Decatur, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Four-Unit Residential Building
    Four-Unit Residential Building

    6201 Friar Tuck Drive, Huntsville, AL 35806

    $520,000
    3,189 sqft 0.11 AC lot

    Four matching layouts combine private porches, in-unit laundry closets, and kitchens connected to the living areas.

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    16-Unit Brick Apartment Building
    16-Unit Brick Apartment Building

    4510 Foster Ave SW, Huntsville, AL 35805

    Contact for pricing
    13,100 sqft

    Five brick buildings provide a fully occupied apartment community in Southwest Huntsville.

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    Hartselle Duplex Investment Opportunity
    Hartselle Duplex Investment Opportunity

    803 Main St E, Hartselle, AL 35640

    Contact for pricing
    2,478 sqft

    Fully occupied, full brick duplex in downtown Hartselle.

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    Hartselle Multifamily Investment Opportunity
    Hartselle Multifamily Investment Opportunity

    102 Puckett Rd, Hartselle, AL 35640

    Contact for pricing
    18,070 sqft

    31-unit apartment community in Hartselle, Alabama, near Highway 31.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Major Retail
    Commercial Land Near Major Retail

    30633 Highway 72, Madison, AL 35758

    $2,500,000
    800 sqft 4.20 AC lot

    Unzoned acreage near Walmart, Kroger, Clift Farm, and Madison Hospital.

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    Wooded Lot Ready for Home
    Wooded Lot Ready for Home

    LOT 28 County Road 279, Moulton, AL 35650

    $42,000

    Wooded lot with public utilities, suitable for various homes.

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    Wooded Lot in Moulton, AL
    Wooded Lot in Moulton, AL

    County Road 279 lot: 30, Moulton, AL 35650

    $45,000
    4.50 AC lot

    4.5-acre wooded lot suitable for mobile or stick-built homes.

    View details

    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.

    1221 Grant SE St
    APARTMENT HOUSE (5+ UNITS)

    1221 Grant SE St, Decatur, AL 35601-3218

    Estimated value:
    $220,000
    3,526 sqft
    View details
    2417 Gaslight SW Pl
    APARTMENT HOUSE (5+ UNITS)

    2417 Gaslight SW Pl, Decatur, AL 35603-7941

    Estimated value:
    $220,000
    4,666 sqft
    View details
    1604 8th SE St
    APARTMENT HOUSE (5+ UNITS)

    1604 8th SE St, Decatur, AL 35601

    Estimated value:
    $205,000
    4,200 sqft
    View details
    406 Lafayette NE St
    APARTMENT HOUSE (5+ UNITS)

    406 Lafayette NE St, Decatur, AL 35601-1975

    Estimated value: by Request
    9,432 sqft
    View details
    414 Lafayette NE St
    APARTMENT HOUSE (5+ UNITS)

    414 Lafayette NE St, Decatur, AL 35601-1958

    Estimated value: by Request
    1,732 sqft
    View details
    1806 Runnymead SW Ave
    APARTMENT HOUSE (5+ UNITS)

    1806 Runnymead SW Ave, Decatur, AL 35601-4681

    Estimated value:
    $180,000
    13,992 sqft 2.00 AC lot
    View details
    305 Courtney SW Dr
    APARTMENT HOUSE (5+ UNITS)

    305 Courtney SW Dr, Decatur, AL 35603-1929

    Estimated value:
    $4,955,000
    16,648 sqft 6.40 AC lot
    View details
    1203 Nn SE St
    APARTMENT HOUSE (5+ UNITS)

    1203 Nn SE St, Decatur, AL 35601-5066

    Estimated value:
    $210,000
    3,526 sqft
    View details
    2411 Gaslight SW Pl
    APARTMENT HOUSE (5+ UNITS)

    2411 Gaslight SW Pl, Decatur, AL 35603-7944

    Estimated value:
    $1,655,000
    4,608 sqft
    View details
    2817 Wimberly SW Dr
    APARTMENT HOUSE (5+ UNITS)

    2817 Wimberly SW Dr, Decatur, AL 35603-4561

    Estimated value: by Request
    1,689 sqft
    View details
    1610 Ororke SW Ln
    APARTMENT HOUSE (5+ UNITS)

    1610 Ororke SW Ln, Decatur, AL 35603-2597

    Estimated value:
    $240,000
    3,918 sqft
    View details
    1802 Ororke SW Ln
    APARTMENT HOUSE (5+ UNITS)

    1802 Ororke SW Ln, Decatur, AL 35603-2588

    Estimated value:
    $465,000
    3,728 sqft
    View details
    1807 Ororke SW Ln
    APARTMENT HOUSE (5+ UNITS)

    1807 Ororke SW Ln, Decatur, AL 35603-2595

    Estimated value:
    $255,000
    3,360 sqft
    View details
    2409 Kelly SW Ave
    APARTMENT HOUSE (5+ UNITS)

    2409 Kelly SW Ave, Decatur, AL 35601-7324

    Estimated value:
    $180,000
    3,588 sqft
    View details
    1814 Glenn SW St
    APARTMENT HOUSE (5+ UNITS)

    1814 Glenn SW St, Decatur, AL 35603-2550

    Estimated value:
    $370,000
    3,448 sqft
    View details
    1631 Wadsworth SE St
    APARTMENT HOUSE (5+ UNITS)

    1631 Wadsworth SE St, Decatur, AL 35601-3445

    Estimated value:
    $170,000
    3,240 sqft 0.40 AC lot
    View details
    1627 Wadsworth SE St
    APARTMENT HOUSE (5+ UNITS)

    1627 Wadsworth SE St, Decatur, AL 35601-3400

    Estimated value:
    $190,000
    2,666 sqft
    View details

    Decatur, AL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Decatur, AL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 27,958 square feet of properties for sale, with an estimated market value of $3,859,799.

    Sale prices for multifamily properties in Decatur, AL start at $239,900, averaging $551,399, 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

    Quadplexes 5
    Apartment buildings 1
    Duplexes 1

    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 $378.7K
    35601 $781.6K

    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 Residential Income pricing trends in Morgan County

    Residential Income

    How Realmo verifies these figures

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