718 E Ponce De Leon Avenue, Decatur, GA 30030
Local realty services provided by:CENTURY 21 Novus
Listed by: christopher rodriguez
Office: redfin corporation
MLS#:10857828
Source:METROMLS
Price summary
- Price:$900,000
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...
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Home facts
- Year built:1932
- Subdivision & Development:None
- Listing ID #:10857828
- Updated:October 24, 2026 at 11:28 AM
Rooms and interior
- Basement Description:Full
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Heat Pump, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1932
- Lot area:0.31 Acres
- Construction Materials:Brick, Vinyl Siding
- Levels:2 Story
Schools
- High school:Decatur
- Middle school:Beacon Hill
- Elementary school:Glennwood
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$900,000
- Tax amount:$15,752 (2025)
Parking
- Total parking spaces:4
- Parking description:Garage
- Garage:Yes
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