Great Investment Property! This Triplex fully rented is located a few blocks from downtown Decatur. Located across the street from school. This Property is in Fair Condition with several recent repairs to outside and inside recently. Unit 1 is 1bdrm, 1 bath with living room and kitchen, Unit 2 is 1bdrm, 1bath and kitchenette, Unit 3 is upstairs 1bdrm, 1bath, living room and kitchenette newly remodeled. Landlord pays Utilities, property tax and insurance. Parking on the street and in the back of property. Appointment ONLY! 24 HOUR NOTICE!
Home is 3 one bedroom apartments.Unit #1 $300/month, unit #2 $400/month, and unit #3 $400/month. Property is being sold "as is".
Year
Property tax
Land + Additions
Assessment*
2025
$777
$1,060 + $7,520
$8,580
2024
$777
$1,060 + $7,520
$8,580
2023
$777
$1,060 + $7,520
$8,580
2022
$777 (−0.5%)
$1,060 + $7,520
$8,580
2021
$781
$1,060 + $7,560
$8,620
2020
$781
$1,060 + $7,560
$8,620
2019
$781
$1,060 + $7,560
$8,620
2018
$781 (+16.5%)
$1,060 + $7,560
$8,620
2017
$670 (+0.4%)
$1,060 + $6,340
$7,400
2016
$668 (+2.5%)
$1,060 + $6,320
$7,380
2013
$652
Tax history for 205 Prospect Dr
Year
Property tax
Land + Additions
Assessment*
2025
$777
$1,060 + $7,520
$8,580
2024
$777
$1,060 + $7,520
$8,580
2023
$777
$1,060 + $7,520
$8,580
2022
$777 (−0.5%)
$1,060 + $7,520
$8,580
2021
$781
$1,060 + $7,560
$8,620
2020
$781
$1,060 + $7,560
$8,620
2019
$781
$1,060 + $7,560
$8,620
2018
$781 (+16.5%)
$1,060 + $7,560
$8,620
2017
$670 (+0.4%)
$1,060 + $6,340
$7,400
2016
$668 (+2.5%)
$1,060 + $6,320
$7,380
2013
$652
*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
1
Stories
2
Lot width
—
Lot depth
—
Lot size
7,000 Sq. Ft.
Year renovated
1944
Sq. Ft.
2,491
Year built
1944
Style
Single Family Residential
County
Morgan County
APN
03 04 19 1 027 004.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
May 12, 2020 • Final
Building
Roofing
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: 3
Has Open Parking: Yes
Parking Features: On Street, Driveway
Exterior
Exterior Features
Has View: No
Lot Information
Lot Size Dimensions: 140 x 50
Lot Size Units: Acres
Land Information
Water Source: Public
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
New Construction: No
Year Built: 1944
Living Area Units: Square Feet
Appliances: Electric Water Heater, Refrigerator, Oven
Financial
Tax Information
Tax Legal Description: parcel# 0304191027004.000
Tax Lot: 3
Tax Block: 27
Utilities
Utility Information
Sewer: Public Sewer
Heating & Cooling
Has Cooling: Yes
Has Heating: Yes
Cooling: Window Unit(s)
Location
School / Neighborhood
Elementary School: Banks-Caddell
Middle Or Junior School: Decatur
High School: Decatur
Location Details
Directions: From 6th Ave Turn West On Prospect Drive, Property Is On The Left.
Community Information
Subdivision Name: D L I & F C
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 2,491
Stories: 2.0
Lot Size: 7,000 square feet
Style: Single Family Residential
Year Built: 1944
Year Renovated: 1944
County: Morgan County
APN: 03 04 19 1 027 004.000
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Banks-Caddell Elementary School
Public PreK-5 • Assigned • 0.1mi
4/10
Decatur Middle School
Public 6-8 • Assigned • 0.7mi
4/10
Decatur High School
Public 9-12 • Assigned • 0.9mi
5/10
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)
49
30
60
39
72
49
78
57
79
63
87
70
92
74
90
71
85
67
77
55
66
48
55
38
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
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