Financial
Distress signals
Property profile

2417 Gaslight SW Pl Decatur, AL 35603

OFF-MARKET
Other apartment buildings
Property ID
US03-1768043
4,666 SF Built 1989
Last sale Dec 2025 · $457,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This four-unit multifamily property is located in Decatur, Alabama 35603 in Morgan County, on a 0.25-acre lot. The building contains four spacious two-bedroom units, each with 1.5 bathrooms, including a full bathroom upstairs and a half-bath downstairs. Unit layouts feature open-concept living and dining areas, functional kitchens with ample cabinet storage, and two generously sized bedrooms with closet space. Each unit includes in-unit laundry hookups. The property is configured to support either investor rental use or owner occupancy.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$54k
Assessed land$4k
Assessed improvement$49k
Effective rate4.53%

Value estimate

· Sep 2026
$220k
$198k – $242k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$89/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$59 – $136

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMORGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.3
Parking Facility12.0
Dental Office11.8

Location

2417 Gaslight SW Pl Decatur, AL 35603-7941
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1802 Ororke SW, Decatur, AL 35603-2588 $544,000 Apr 2025 3,728 SF
1607 Glenn SW, Decatur, AL 35603-2546 $339,900 Nov 2024 4,030 SF
1801 Windover SW, Decatur, AL 35603-2582 $350,000 Oct 2023 4,116 SF
1609 Ororke SW, Decatur, AL 35603-2578 $328,250 Aug 2023 3,728 SF
2826 Wimberly SW, Decatur, AL 35603-4516 $126,300 Oct 2022 4,255 SF
1608 Ororke SW, Decatur, AL 35603-2577 $200,000 May 2022 4,030 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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