OFF MARKET

Off Market Jun 2023 for $207K

—

Est. refi paymentEst. refi $976/mo

•

1,922

sq ft

203 Prospect Dr SE, Decatur, AL 35601

About this home

Excellent income producing investment property in SE Decatur. Downstairs unit completely renovated in 2022. New Flooring, New Paint, excellent condition. Long term tenant in upstairs unit. $1375 monthly rent now, room to grow income by raising rents to market rate. DO Not Disturb tenants. No sign or lockbox. Showing and inspections only after accepted contract. Must have proof of funds or preapproval letter with submitted contract.

Multi-familyProperty Type

1980Year Built

7,000 sq ftLot Size

$108Price/Sq.Ft.

4 spacesParking

Listed by Brent Crow • MarMac Real Estate

•256-250-6009 (broker)

Listed by Kim Crow • MarMac Real Estate

•256-250-6009 (broker)

Bought with Logan Smith • Legend Realty

•256-428-3780 (broker)

•agentcoordinator@homeslegend.com (broker)

Redfin checked: 2 minutes ago

•Source:VMLS #1832552

Redfin Estimate

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

Market trends in 35601, AL

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.2%

+0.7% MoM

Median sale price

$192K

$1K MoM

Avg. days on market

57d

7 days MoM

Recently sold homes

108

6 MoM

New listings for sale

$515,931
4 beds2.5 baths3,658 sq ft
408 4th Ave, Decatur, AL 35601
(256) 353-1112
$235,000
3 beds2.5 baths1,750 sq ft
2602 13th St SE, Decatur, AL 35601
(256) 351-9180
$159,000
2 beds1 bath797 sq ft
304 Memorial Dr, Decatur, AL 35601
(256) 799-9333
VIDEO TOUR
$905,031
3 beds6 baths4,469 sq ft
2304 Horsetree Pl, Decatur, AL 35601
(256) 353-1112
$250,000
4 beds2 baths1,799 sq ft
305 Robinson St SW, Decatur, AL 35601
(256) 841-5657
$143,000
3 beds2 baths1,060 sq ft
423 Church St NW, Decatur, AL 35601
(256) 337-6364
$170,000
2 beds1 bath1,498 sq ft
417 NE Lafayette St, Decatur, AL 35601
(256) 250-6009
$140,000
3 beds2 baths1,875 sq ft
1007 Freemont St, Decatur, AL 35601
(256) 678-7045
VIDEO TOUR
$788,902
4 beds2.5 baths2,486 sq ft
810 Island Way Unit A, Decatur, AL 35601
(256) 353-1112
$125,000
3 beds2 baths1,600 sq ft
306 NW 12th Ave, Decatur, AL 35601
(256) 227-0417
See all

Provided by Redfin

Sale history for 203 Prospect Dr SE

Date

Event

Price

APPFOLIO #3

Aug 2, 2025

Rental Removed

$850

$0/sq ft

Jul 24, 2025

Listed for Rent

$850

$0/sq ft

APPFOLIO #2

Jul 24, 2025

Rental Removed

$850

$0/sq ft

Jul 1, 2025

Listed for Rent

$850

$0/sq ft

APPFOLIO #1

Dec 28, 2023

Rental Removed

$1,000

$1/sq ft

Dec 13, 2023

Price Changed

$1,000

$1/sq ft

Oct 11, 2023

Listed for Rent

$1,200

$1/sq ft

VMLS #1832552

Jun 27, 2023

Sold

$207,000

$108/sq ft

May 22, 2023

Pending

—

Apr 23, 2023

Listed

$225,000

$117/sq ft

Public Records

Mar 2, 2018

Sold

$40,000

$21/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,493

$4,350 + $12,130

$16,480

2024

$1,493 (+163.7%)

$4,350 + $12,130

$16,480

2023

$566

$1,060 + $5,190

$6,250

2022

$566 (−0.5%)

$1,060 + $5,190

$6,250

2021

$569

$1,060 + $5,220

$6,280

2020

$569

$1,060 + $5,220

$6,280

2019

$569

$1,060 + $5,220

$6,280

2018

$569 (−1.7%)

$1,060 + $5,220

$6,280

2017

$579 (+0.5%)

$1,060 + $5,330

$6,390

2016

$576 (+2.5%)

$1,060 + $5,300

$6,360

2013

$562

Tax history for 203 Prospect Dr SE

Year

Property tax

Land + Additions

Assessment*

2025

$1,493

$4,350 + $12,130

$16,480

2024

$1,493 (+163.7%)

$4,350 + $12,130

$16,480

2023

$566

$1,060 + $5,190

$6,250

2022

$566 (−0.5%)

$1,060 + $5,190

$6,250

2021

$569

$1,060 + $5,220

$6,280

2020

$569

$1,060 + $5,220

$6,280

2019

$569

$1,060 + $5,220

$6,280

2018

$569 (−1.7%)

$1,060 + $5,220

$6,280

2017

$579 (+0.5%)

$1,060 + $5,330

$6,390

2016

$576 (+2.5%)

$1,060 + $5,300

$6,360

2013

$562

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

7,000 Sq. Ft.

Year renovated

1980

Sq. Ft.

1,922

Year built

1980

Style

Multi-Family (5+ Unit)

County

Morgan County

APN

03 04 19 1 027 005.000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Aug 16, 2018 • Final

Building

Install new vinyl siding on a residential building.

Remodel

Mar 12, 2018 • Final

Building

Install new vinyl siding on a residential building.

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking / Garage Information
# of Parking Spaces: 4
Parking Features: Lot

Exterior

Exterior Features
Has View: No

Lot Information
Lot Size Dimensions: 50 x 140
Lot Size Units: Acres

Land Information
Water Source: Public

Property Information
Property Type: Residential Income
Property Sub Type: Duplex
New Construction: No
Year Built: 1980
Living Area Units: Square Feet

Financial

Tax Information
Tax Legal Description: LOT 2, BLK 27, DLI&F CO ADD #4, MB 1, PG 4, SEC 19, T5S, R4W
Tax Lot: 2
Tax Block: 27

Utilities

Utility Information
Sewer: Public Sewer

Location

School / Neighborhood
Elementary School: Leon Sheffield
Middle Or Junior School: Decatur
High School: Decatur

Location Details
Directions: From 6th Avenue/Hwy 31, West On Prospect, Property On Left

Community Information
Subdivision Name: D L I & F C

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 1,922
Stories: 2.0
Lot Size: 7,000 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1980
Year Renovated: 1980
County: Morgan County
APN: 03 04 19 1 027 005.000

Home facts updated by county records on Jul 15, 2026

Around this home

Schools

Banks-Caddell Elementary School

Public PreK-5 • Assigned • 0.1mi

5/10

Decatur Middle School

Public 6-8 • Assigned • 0.7mi

4/10

Decatur High School

Public 9-12 • Assigned • 0.9mi

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

21% 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

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New listings for sale in 35601

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$143,000

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$170,000

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417 NE Lafayette St, Decatur, AL 35601

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1007 Freemont St, Decatur, AL 35601

(256) 678-7045

VIDEO TOUR

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Home values near 203 Prospect Dr SE

Data from public records.

Address	Redfin Estimate
211 Prospect Drive Southeast, Decatur, AL 2 Beds \| 1.5 Baths \| 1330 Sq. Ft.	$178,848
305 Prospect Drive Southeast, Decatur, AL 3 Beds \| 2 Baths \| 2430 Sq. Ft.	$269,430

Address	Redfin Estimate
209 Prospect Drive Southeast, Decatur, AL - Beds \| - Baths \| - Sq. Ft.	$151,574
207 Prospect Drive Southeast, Decatur, AL - Beds \| 1 Baths \| 2233 Sq. Ft.	$131,237

Address	Redfin Estimate
205 Prospect Drive Southeast, Decatur, AL 3 Beds \| - Baths \| 350 Sq. Ft.	—
201 Prospect Drive Southeast, Decatur, AL - Beds \| 8 Baths \| 4946 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 203 Prospect Dr SE

Tax history for 203 Prospect Dr SE

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 203 Prospect Dr SE

More real estate resources