(864) 362-2375
$900,000
718 Ponce De Leon Avenue, Decatur, GA 30030
0.31Acres
1932YearYear Built
About This Home
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
Location
Key Facts
Status: Active
Type: Residential Income
Neighborhood: None
Annual Taxes: $15,752
HOA Fees: $0
MLS: Georgia
MLS #: 10857828
Features
Triplex
Mortgage Calculator
$4,551Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $900,000
Status: Active — For Sale
Days on market: 14
Last updated: Oct 16, 2026
Schools
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Source MLS #: 10857828
Last updated: Oct 16, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.