Active

$335,000

1151 Canal St, Decatur, GA 30032

--beds

--baths

--sqft

$2,441/mo

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Multi Family, Duplex

Built in 1950

-- sqft lot

$329,000 Zestimate^®

$--/sqft

$-- HOA

What's special

Rare investment opportunity with immediate cash flow and long-term value potential! This duplex is conveniently located less than one mile from I-285 with easy access to Decatur, Downtown Atlanta, and major employment centers. Each unit has 2-bedrooms and 1-bath, with a separate laundry/utility room. One unit currently rents for $1,245/month, lease expiring on 7/31/2027. The other unit is below market since this is a 5+ year tenant, currently rents for $1,020/month, expiring on 12/31/2026. Water is not separated and is paid by the landlord, however all other utilities are separated and paid by tenants. Crawlspace is encapsulated with a commercial dehumidifier. Property is being sold As-Is; owner is an investor and has never lived at the property; no Seller's Disclosures are provided.

17 days
364
28

Facts & features

Interior

Heating

Central, Natural Gas

Cooling

Central Air

Features

Basement: Crawl Space
Has fireplace: No

Property

Parking

Parking features: Off Street

Features

Levels: One
Stories: 1
Body of water: None

Lot

Size: 0.33 Acres

Details

Parcel number: 15 220 06 004
Special conditions: As Is,Investor Owned,No Disclosure

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Brick

Condition

Resale
New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Billing Prorated

Community & HOA

Community

Features: Near Shopping
Subdivision: Panama Park

HOA

Has HOA: No
Services included: None

Location

Region: Decatur

Financial & listing details

Tax assessed value: $242,600
Annual tax amount: $5,020
Date on market: 8/31/2026
Cumulative days on market: 17 days
Listing agreement: Exclusive Agency

Estimated market value

$329,000

$313,000 - $345,000

$1,503/mo

Price history

Date	Event	Price
8/31/2026	Listed for sale	$335,000+150%
Source: FMLS GA #7829764 Report a problem
7/24/2024	Listing removed	--
Source: Zillow Rentals Report a problem
7/2/2024	Price change	$1,195-7.7%
Source: Zillow Rentals Report a problem
5/30/2024	Price change	$1,295-7.2%
Source: Zillow Rentals Report a problem
1/25/2024	Listed for rent	$1,395+7.7%
Source: Zillow Rentals Report a problem
6/4/2022	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
5/25/2022	Listed for rent	$1,295+58.9%
Source: Zillow Rental Network Premium Report a problem
10/31/2019	Listing removed	$815
Source: Bravo Property Management and Realty, LLC Report a problem
9/16/2019	Listed for rent	$815
Source: Bravo Property Management and Realty, LLC Report a problem
7/26/2018	Sold	$134,000-2.9%
Source: Public Record Report a problem
7/10/2018	Pending sale	$138,000
Source: VIRTUAL PROPERTIES REALTY.NET, LLC #6038451 Report a problem
7/6/2018	Listed for sale	$138,000+91.7%
Source: VIRTUAL PROPERTIES REALTY.NET, LLC #6038451 Report a problem
9/14/1998	Sold	$72,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,020 +0%	$97,039 0%
2024	$5,018 +52%	$97,040 +61.3%
2023	$3,300 +1.3%	$60,160
2022	$3,258 -7.8%	$60,160 -9.5%
2021	$3,534 +18.5%	$66,440 +23.3%
2020	$2,983 +0.4%	$53,880 +0.5%
2019	$2,971 -3.2%	$53,600 -3.8%
2018	$3,069 +22.2%	$55,720 +33.9%
2017	$2,512 +12.7%	$41,600 +14%
2016	$2,230	$36,480 +81.3%
2014	$2,230	$20,120 +63.8%
2013	--	$12,280 -36.4%
2012	--	$19,320 +7.6%
2011	--	$17,952 -50.2%
2010	$1,407	$36,080
2009	$1,407 -2.1%	$36,080 -20.5%
2008	$1,438 -2.6%	$45,360
2007	$1,477	$45,360
2006	$1,477 +10.4%	$45,360
2005	$1,337 +15%	$45,360 +12.8%
2004	$1,163 +9.6%	$40,200 +9.4%
2003	$1,062 +8.9%	$36,760
2002	$974 +145%	$36,760 +19.7%
2001	$398	$30,720