Decatur, AL Residential Income Properties for Sale

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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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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

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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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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

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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5-Unit Townhouse Multifamily Property

1801 Glenn Street, Decatur, AL 35603

$600,000

6,624 sqft 0.36 AC lot

Five individually deeded townhouse lots are offered together with tenant-paid utilities and owner-maintained lawn care.

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Community Commercial Land with Road Frontage

4009 US Highway 31 S, Decatur, AL 35603

$325,000

3,025 sqft 5.60 AC lot

Three parcels totaling 5.6 acres are zoned community commercial with more than 200 feet of frontage on US Highway 31 S.

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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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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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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Decatur, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 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.

Remodeled Mixed-Use Property

15488 East Limestone Road, Harvest, AL 35749

$285,000

1.36 AC lot

Includes a leased commercial building and a separate rental property on a corner lot near Highway 72.

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Mixed-Use Property with Rental Home

15488 E Limestone Road, Harvest, AL 35749

$285,000

Corner-lot property combines a remodeled commercial building with a two-bedroom, one-bath rental home.

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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

102 Puckett Rd, Hartselle, AL 35640

Contact for pricing

18,070 sqft

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

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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.

Decatur Land in Westmead Subdivision

8.2 Brownstone Court SW, Decatur, AL 35603

$100,000

7.50 AC lot

7.5 acres in SW Decatur, ideal for development or home.

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Residential Land Near Decatur Schools

3907 Spring Avenue, Decatur, AL 35601

$487,000

14.00 AC lot

14-acre residential land near shopping and Decatur City Schools.

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Residential Land in Decatur, AL

3907 Spring Avenue, Decatur, AL 35601

$487,000

14.00 AC lot

14 acres of residential land zoned for single-family estate.

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Pasture and Wooded Farmland

136 acres Old Hwy 24, Trinity, AL 35673

$2,720,000

136.00 AC lot

Agricultural acreage combines open pasture with lightly wooded terrain beside an existing school.

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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

Estimated value:

$220,000

3,526 sqft

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APARTMENT HOUSE (5+ UNITS)

2417 Gaslight SW Pl, Decatur, AL 35603-7941

Estimated value:

$220,000

4,666 sqft

View details

APARTMENT HOUSE (5+ UNITS)

1604 8th SE St, Decatur, AL 35601

Estimated value:

$205,000

4,200 sqft

View details

APARTMENT HOUSE (5+ UNITS)

406 Lafayette NE St, Decatur, AL 35601-1975

Estimated value:

by Request

9,432 sqft

View details

APARTMENT HOUSE (5+ UNITS)

414 Lafayette NE St, Decatur, AL 35601-1958

Estimated value:

by Request

1,732 sqft

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APARTMENT HOUSE (5+ UNITS)

1806 Runnymead SW Ave, Decatur, AL 35601-4681

Estimated value:

$180,000

13,992 sqft 2.00 AC lot

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APARTMENT HOUSE (5+ UNITS)

305 Courtney SW Dr, Decatur, AL 35603-1929

Estimated value:

$4,955,000

16,648 sqft 6.40 AC lot

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APARTMENT HOUSE (5+ UNITS)

1203 Nn SE St, Decatur, AL 35601-5066

Estimated value:

$210,000

3,526 sqft

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APARTMENT HOUSE (5+ UNITS)

2411 Gaslight SW Pl, Decatur, AL 35603-7944

Estimated value:

$1,655,000

4,608 sqft

View details

APARTMENT HOUSE (5+ UNITS)

2817 Wimberly SW Dr, Decatur, AL 35603-4561

Estimated value:

by Request

1,689 sqft

View details

APARTMENT HOUSE (5+ UNITS)

1610 Ororke SW Ln, Decatur, AL 35603-2597

Estimated value:

$240,000

3,918 sqft

View details

APARTMENT HOUSE (5+ UNITS)

1802 Ororke SW Ln, Decatur, AL 35603-2588

Estimated value:

$465,000

3,728 sqft

View details

APARTMENT HOUSE (5+ UNITS)

1807 Ororke SW Ln, Decatur, AL 35603-2595

Estimated value:

$255,000

3,360 sqft

View details

APARTMENT HOUSE (5+ UNITS)

2409 Kelly SW Ave, Decatur, AL 35601-7324

Estimated value:

$180,000

3,588 sqft

View details

APARTMENT HOUSE (5+ UNITS)

1814 Glenn SW St, Decatur, AL 35603-2550

Estimated value:

$370,000

3,448 sqft

View details

Decatur, AL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Decatur, AL, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 37,607 square feet of properties for sale, with an estimated market value of $4,784,799.

Sale prices for residential income properties in Decatur, AL start at $239,900, averaging $531,644, 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	$432.7K
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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Decatur, AL Residential Income Properties for Sale

1614 SE Somerville Road, Decatur, AL 35601

1816 SW Glenn Street, Decatur, AL 35603

1803 Graymont Lane, Decatur, AL 35603

201 8th SW Avenue, Decatur, AL 35601

1809 Windover Place SW, Decatur, AL 35603

1801 Glenn Street, Decatur, AL 35603

4009 US Highway 31 S, Decatur, AL 35603

226 Cedar Lake Road, Decatur, AL 35603

201 8TH AVENUE, Decatur, AL 35601

Opportunities in Nearby Cities

15488 East Limestone Road, Harvest, AL 35749

15488 E Limestone Road, Harvest, AL 35749

803 Main St E, Hartselle, AL 35640

102 Puckett Rd, Hartselle, AL 35640

Potential Development Sites for Consideration

8.2 Brownstone Court SW, Decatur, AL 35603

3907 Spring Avenue, Decatur, AL 35601

3907 Spring Avenue, Decatur, AL 35601

136 acres Old Hwy 24, Trinity, AL 35673

Off-Market Properties in Decatur, AL

1221 Grant SE St, Decatur, AL 35601-3218

2417 Gaslight SW Pl, Decatur, AL 35603-7941

1604 8th SE St, Decatur, AL 35601

406 Lafayette NE St, Decatur, AL 35601-1975

414 Lafayette NE St, Decatur, AL 35601-1958

1806 Runnymead SW Ave, Decatur, AL 35601-4681

305 Courtney SW Dr, Decatur, AL 35603-1929

1203 Nn SE St, Decatur, AL 35601-5066

2411 Gaslight SW Pl, Decatur, AL 35603-7944

2817 Wimberly SW Dr, Decatur, AL 35603-4561

1610 Ororke SW Ln, Decatur, AL 35603-2597

1802 Ororke SW Ln, Decatur, AL 35603-2588

1807 Ororke SW Ln, Decatur, AL 35603-2595

2409 Kelly SW Ave, Decatur, AL 35601-7324

1814 Glenn SW St, Decatur, AL 35603-2550

Decatur, AL Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

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