Investor opportunity in the heart of Decatur! This historic tri-plex offers three units with long term tenants already in place, providing immediate income potential for a turnkey investment. Future value can be had if a new owner develops some of the remaining lot into another residential unit. The property features two units in the main home plus a third unit above the detached two-car garage. A new roof and new upstairs heat pump add value and peace of mind, while original wood paneling and built-in bookshelves preserve the home's historic character. Situated on a double, corner lot with two driveways, a large backyard, three established garden plots, and a screened porch off the downstairs unit. Shared basement storage includes laundry and workshop space, with direct basement access for all units. Excellent location just two blocks from Glenwood Elementary, moments from the Avondale Estates Marta, downtown Decatur and approximately 1.3 miles from Agnes Scott College. A rare opportunity to own a multi-unit property in a highly convenient Decatur location
Active
$900,000
718 E Ponce De Leon Ave, Decatur, GA 30030
--beds
--baths
--sqft
Multi Family, Triplex
Built in 1932
-- sqft lot
$869,500 Zestimate®
$--/sqft
$-- HOA
What's special
Large backyardShared basement storageNew roofOriginal wood panelingNew upstairs heat pumpThree established garden plotsDouble corner lot
- 44 days
- 342
- 28
Zillow last checked:
Listing updated:
Listed by:
Christopher Rodriguez 404-934-8490,
Redfin Corporation
Source: GAMLS,MLS#: 10857828
Facts & features
Interior
Heating
- Heat Pump, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Features
- Basement: Full,Unfinished
- Has fireplace: No
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Body of water: None
Lot
- Size: 0.31 Acres
Details
- Parcel number: 15 247 05 021
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Materials
- Brick, Vinyl Siding
Condition
- Resale
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Features: Sidewalks, Near Public Transport, Walk To Schools
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Decatur
Financial & listing details
- Tax assessed value: $820,200
- Annual tax amount: $15,752
- Date on market: 10/2/2026
- Cumulative days on market: 44 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
$869,500
$826,000 - $913,000
$2,477/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $900,000+87.5% |
Source: | ||
| 8/28/2024 | Listing removed | $2,000-9.1% |
Source: Zillow Rentals Report a problem | ||
| 8/22/2024 | Price change | $2,200-8.3% |
Source: Zillow Rentals Report a problem | ||
| 8/15/2024 | Listed for rent | $2,400+50% |
Source: Zillow Rentals Report a problem | ||
| 6/14/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/10/2024 | Listed for rent | $1,600-27.3% |
Source: Zillow Rentals Report a problem | ||
| 7/15/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/31/2022 | Listed for rent | $2,200+41.9% |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/31/2020 | Sold | $480,000-4% |
Source: Public Record Report a problem | ||
| 5/19/2019 | Listing removed | $1,550 |
Source: Owner Report a problem | ||
| 4/27/2019 | Price change | $1,550-13.9% |
Source: Owner Report a problem | ||
| 3/30/2019 | Price change | $1,800-10% |
Source: Owner Report a problem | ||
| 3/3/2019 | Listed for rent | $2,000+37.9% |
Source: Owner Report a problem | ||
| 5/23/2018 | Listing removed | $1,450 |
Source: Owner Report a problem | ||
| 5/19/2018 | Listed for rent | $1,450 |
Source: Owner Report a problem | ||
| 3/14/2017 | Sold | $500,000+14.4% |
Source: Public Record Report a problem | ||
| 11/3/2006 | Sold | $437,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,212 +3.8% | $328,080 +14% |
| 2024 | $22,373 +710.2% | $287,840 +0.4% |
| 2023 | $2,761 +55.5% | $286,760 +53.5% |
| 2022 | $1,775 -2.7% | $186,840 -2.7% |
| 2021 | $1,825 -14.5% | $192,000 -6.5% |
| 2020 | $2,134 -1.4% | $205,360 -1.9% |
| 2019 | $2,164 +0.3% | $209,360 +4.7% |
| 2018 | $2,156 -7.5% | $200,000 -14.6% |
| 2017 | $2,331 +34.3% | $234,160 +44.5% |
| 2016 | $1,736 | $162,000 |
| 2014 | $1,736 | $162,000 |
| 2013 | -- | $162,000 |
| 2012 | -- | $162,000 -9.7% |
| 2011 | -- | $179,440 |
| 2010 | $1,958 | $179,440 |
| 2009 | $1,958 +1.9% | $179,440 |
| 2008 | $1,922 +109.2% | $179,440 |
| 2007 | $919 | $179,440 |
| 2006 | $919 +13.8% | $179,440 +11.5% |
| 2005 | $807 +16.6% | $160,920 +11.6% |
| 2004 | $692 +40.8% | $144,240 +32.5% |
| 2003 | $492 +109.9% | $108,880 |
| 2002 | $234 +136.4% | $108,880 +18.5% |
| 2001 | $99 | $91,880 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: East Ponce de Leon Corridor
Nearby schools
Schools provided by the listing agent
- Elementary: Glennwood
- Middle: Beacon Hill
- High: Decatur
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







