217, 219, 223, & 225 8th Street SW, Decatur, AL - - 24 unit Portfolio
217 8th St SW
Decatur, AL 35601
Highlights
- 4 buildings and a total of 24 units priced at $80,208/unit, 8 two-bedroom one-bath units and 16 one-bedroom one-bath units Modern kitchen and bath upgrades and updates in 2025
- Some kitchen upgrades will include new cabinets and granite countertops
- Brick and vinyl exteriors and metal roofing provide durability
- Flooring upgrades and updates include in 2025 that include some LVP
- Multiple appliances including water heaters replaced in 2025
- Multiple HVAC replaced in 2025
- All units have Washer/Dryer hookups
Description
Introducing a prime investment opportunity in the heart of Decatur, AL. This multifamily property at offers 4 buildings with a total of 24 units priced at $80,208/unit. Each building consists of 2 two-bedroom one-bath units and 4 one-bedroom one-bath units. With a total area of 14,976 SF, these recently renovated buildings underwent significant updates and upgrades in 2025, and now boasts full occupancy. Some of the recent upgrades and updates include granite countertops, new kitchen cabinets, new appliances, new bathroom vanities, new flooring and modern decor. Value-add ready as market rents offers room to increase rents now with newly renovated units. The property features brick and vinyl exteriors plus some metal roofing that can lower maintenance costs and durability. Whether you're a seasoned investor or entering the multifamily real estate market, this property presents a compelling opportunity for steady returns and long-term growth potential.
Discover the charm of Decatur, AL, where the property is situated. Nestled in a bustling neighborhood, residents can explore a variety of local attractions and conveniences within close proximity. From the adjoining historic districts to the serene Riverwalk Marina, the area offers an inviting mix of cultural and leisure experiences. Nearby eateries, boutique shops, and recreational facilities provide a comfortable and convenient lifestyle for residents. With easy access to major transportation routes and scenic natural surroundings, this location offers the perfect blend of urban accessibility and small-town appeal for multifamily living.
