718 E Ponce De Leon Avenue, Decatur, GA 30030

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$900,000
MLS#
7847231
Status
ACTIVE
Type
Multifamily
Subtype
Triplex
Lot Size
0.31
Subdivision
N/A

Property Description

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

Additional Information

Stories
Two
Construction
Brick, Vinyl Siding
Year Built
1932
Neighborhood Amenities
Near Public Transport, Near Schools, Sidewalks, Other
Roof
Shingle
Lot Dimensions
186 x 70
Parking
Garage, Varies by Unit
Lot Desc
Corner Lot, Level, Private
Water
Public
Sewer
Public Sewer
Elementary School
Glennwood
Middle School
Beacon Hill
High School
Decatur
Acres
0.31
Levels
Two
Taxes
$15,752

Listing courtesy of Redfin Corporation.

board logoListings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS. Last updated

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks