OFF MARKET

Off Market Jan 2014 for $500K

—

•

— ba

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2,080

sq ft

1221 North St, Decatur, AL 35601

About this home

GREAT INVESTMENT OPPORTUNITY. over 13% cap rate! well Maintained! A CASH COW!Over $100,000 income. great positive cash flow. TWO ALL BRICK BUILDINGS WITH 18 UNITS. 2 / 3 BEDROOM units, A LAUNDRY ROOM, AND 2 STORAGE BUILDINGS. A fully rented , ready to go turn key investment! 14 Two bedroom/1 bath units rent for $425-475. 4 three bedroom/two bath units rent for $550 -585. Realtor Owned, Motivated seller! 10% owner finacing possible. 1 year free management. Call realtor Phil Kelly @ 256-318-8896

Multi-familyProperty Type

0.92 acresLot Size

$240Price/Sq.Ft.

26 spacesParking

Listed by Philip Kelly • MarMac Real Estate

•256-250-6009 (broker)

Bought with Jeffery Anders • CRYE-LEIKE REALTORS - Athens

•256-230-2589 (broker)

•kim.hodges@crye-leike.com (broker)

Redfin checked: 2 minutes ago

•Source:VMLS #650938

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 35601, AL

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.7%

+0.6% MoM

Median sale price

$209K

$9K MoM

Avg. days on market

52d

3 days MoM

Recently sold homes

113

1 MoM

New listings for sale

NEW 3 HRS AGO
$199,999
4 beds2 baths1,787 sq ft
1205 SW Thomas Dr, Decatur, AL 35601
(256) 227-0417
FOR SALE BY OWNER
$250,000
3 beds3 baths1,600 sq ft
1523 Regency Blvd SE, Decatur, AL 35601
$199,900
2 beds2 baths1,200 sq ft
2419 Halifax Pl, Decatur, AL 35601
(256) 822-0010
$154,900
3 beds1 bath1,216 sq ft
112 Ash Ct NE, Decatur, AL 35601
(205) 346-8421
$200,000
3 beds2 baths1,724 sq ft
1205 2nd St SW, Decatur, AL 35601
(855) 450-0442
$314,900
4 beds3 baths1,919 sq ft
1721 Pennylane, Decatur, AL 35601
(256) 822-1957
$149,900
3 beds2 baths1,305 sq ft
1110 7th Ave, Decatur, AL 35601
(256) 822-1957
$120,000
2 beds2 baths1,112 sq ft
509 12th Ave NW, Decatur, AL 35601
(256) 353-1112
$244,900
3 beds2 baths1,845 sq ft
1623 Primrose Dr, Decatur, AL 35603
(256) 822-1957
$429,000
4 beds3 baths2,721 sq ft
2107 Pennylane, Decatur, AL 35601
(256) 822-1957
See all

Provided by Redfin

Sale history for 1221 North St

Public record

Beds

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Baths

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Stories

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Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Morgan County

APN

15388

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 25, 2023.

Property details

Parking

Parking / Garage Information
# of Parking Spaces: 26
Parking Features: Private

Interior

Interior Features
Interior Features: See Remarks

Exterior

Exterior Features
Patio And Porch Features: Deck

Lot Information
Lot Size Acres: 0.92
Lot Size Dimensions: 200 x 200
Lot Size Area: 0.92
Lot Size Units: Acres
Lot Size Square Feet: 40,075.2

Land Information
Water Source: Public

Property Information
Property Type: Residential Income
Property Sub Type: Apartment
Living Area Units: Square Feet
Appliances: Dishwasher, Refrigerator, Oven

Building Information
Levels: Two

Financial

Tax Information
Tax Lot: 11
Tax Block: 2

Utilities

Utility Information
Sewer: Public Sewer

Heating & Cooling
Has Cooling: Yes
Has Heating: Yes
Cooling: Central Air
Heating: Central

Location

Location Details
Directions: From Intersection Of Beltline And 6th Ave / Hwy 31 - Go North On 6th To Magnolia St Turn Right - Go To Somerville Rd Turn Left - Go To North St Turn Right - Property Is One (1) Block Up On Right.

Community Information
Subdivision Name: Fairview Land Company
Community Features: Other

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Morgan County
APN: 15388

Home facts updated by county records on Apr 25, 2023

Around this home

Schools

Walter Jackson Elementary School

Public PreK-5 • Assigned • 0.5mi

7/10

Decatur Middle School

Public 6-8 • Assigned • 1.0mi

4/10

Decatur High School

Public 9-12 • Assigned • 1.7mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 106° expected this year, 19 days in 30 years

4/10 Wind Factor

22% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Decatur, AL • 35601

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$219,000

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New listings for sale in 35601

NEW 3 HRS AGO

$199,999

4 beds2 baths1,787 sq ft

1205 SW Thomas Dr, Decatur, AL 35601

(256) 227-0417

FOR SALE BY OWNER

$250,000

3 beds3 baths1,600 sq ft

1523 Regency Blvd SE, Decatur, AL 35601

$199,900

2 beds2 baths1,200 sq ft

2419 Halifax Pl, Decatur, AL 35601

(256) 822-0010

$154,900

3 beds1 bath1,216 sq ft

112 Ash Ct NE, Decatur, AL 35601

(205) 346-8421

$200,000

3 beds2 baths1,724 sq ft

1205 2nd St SW, Decatur, AL 35601

(855) 450-0442

$314,900

4 beds3 baths1,919 sq ft

1721 Pennylane, Decatur, AL 35601

(256) 822-1957

$149,900

3 beds2 baths1,305 sq ft

1110 7th Ave, Decatur, AL 35601

(256) 822-1957

$120,000

2 beds2 baths1,112 sq ft

509 12th Ave NW, Decatur, AL 35601

(256) 353-1112

$244,900

3 beds2 baths1,845 sq ft

1623 Primrose Dr, Decatur, AL 35603

(256) 822-1957

Home values near 1221 North St

Data from public records.

Address	Redfin Estimate
1211 North Street Southeast, Decatur, AL 2 Beds \| 1 Baths \| 1249 Sq. Ft.	$99,056
1224 North Street Southeast, Decatur, AL - Beds \| 1 Baths \| 936 Sq. Ft.	$97,258

Address	Redfin Estimate
1401 North Street, Decatur, AL 2 Beds \| 1 Baths \| 1179 Sq. Ft.	—
1405 North Street, Decatur, AL 2 Beds \| 1 Baths \| 1068 Sq. Ft.	—

Address	Redfin Estimate
1404 North Street Southeast, Decatur, AL 2 Beds \| 1 Baths \| 1063 Sq. Ft.	$112,308
1221 North Street Southeast, Decatur, AL - Beds \| 7 Baths \| 3898 Sq. Ft.	—

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 35601, AL

Sale history for 1221 North St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 35601

Home values near 1221 North St

More real estate resources