Off Market Aug 2018 for $121K

—

•

—

sq ft

302 Cedar Lake Rd SW, Decatur, AL 35601

About this home

Attention all investors! Rare opportunity to own 3 side by side buildings with 4 units. Excellent income potential. #228 & #302 need repairs, updates, and TLC. #304 has one long time tenant with month to month lease and needs updates only. All buildings being sold together and strictly "AS IS" Hurry priced to sell. Present all offers to listing agent with Proof of Funds. $650+/- income potential per unit. Must be sold as a group of 3 buildings to include 228 Cedar Lake, 302 Cedar Lake and 304 Cedar Lake. Each building priced at $119,900.

Multi-familyProperty Type

6,000 sq ftLot Size

8 spacesParking

Listed by Garrett Nann • Southern Oak Properties, Inc

•256-350-2424 (broker)

•blakewright@bellsouth.net (broker)

Bought with Len Johnson • Gateway AL Realty Group LLC

•256-509-2078 (broker)

•lenjohnsonRE@gmail.com (broker)

Redfin checked: a few seconds ago

•Source:VMLS #1094796

Redfin Estimate

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

Market trends in 35603, AL

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.2%

+0.2% MoM

Median sale price

$265K

$4K MoM

Avg. days on market

65d

6 days MoM

Recently sold homes

168

23 MoM

New listings for sale

NEW 8 HRS AGO
$312,900
4 beds2 baths1,825 sq ft
3003 Joseph Dr, Decatur, AL 35603
(256) 772-4413
NEW 13 HRS AGO
$299,900
3 beds2 baths1,766 sq ft
1802 Grissom Ave SW, Decatur, AL 35603
(256) 713-0400
NEW 32 HRS AGO
$330,000
3 beds2 baths1,912 sq ft
3112 Henry Rd, Decatur, AL 35603
(256) 250-6009
OPEN SUN, 2PM TO 4PM
$179,900
3 beds2 baths1,256 sq ft
3913 Whitney Ln SW, Decatur, AL 35603
(256) 350-9676
$199,000
2 beds3 baths1,715 sq ft
2301 Williamsburg Ct SW, Decatur, AL 35603
(256) 327-7600
$419,900
4 beds3.5 baths2,626 sq ft
3021 Henry Rd, Decatur, AL 35603
(256) 822-0010
$320,000
4 beds2 baths1,993 sq ft
2008 Cotaco Valley Trl SE, Decatur, AL 35603
FOR SALE BY OWNER
$489,000
3 beds2.5 baths2,646 sq ft
3413 Oak St, Decatur, AL 35603
$400,000
4 beds3 baths2,571 sq ft
14 Shadow Way, Decatur, AL 35603
(855) 450-0442
$270,000
3 beds2 baths1,410 sq ft
57 Weeping Willow Ln, Decatur, AL 35603
(855) 450-0442
See all

Provided by Redfin

Sale history for 302 Cedar Lake Rd SW

Year

Property tax

Land + Additions

Assessment*

2025

$1,123

$1,300 + $11,090

$12,390

2024

$1,123

$1,300 + $11,090

$12,390

2023

$1,123

$1,300 + $11,090

$12,390

2022

$1,123 (+2.4%)

$1,300 + $11,090

$12,390

2021

$1,096

$1,300 + $10,800

$12,100

2020

$1,096

$1,300 + $10,800

$12,100

2019

$1,096 (−41.3%)

$1,300 + $10,800

$12,100

2018

$1,866 (+27.2%)

$1,300 + $19,300

$20,600

2017

$1,468

$1,300 + $14,900

$16,200

2016

$1,467 (+0.8%)

$1,300 + $14,900

$16,200

2013

$1,456

Tax history for 302 Cedar Lake Rd SW

Year

Property tax

Land + Additions

Assessment*

2025

$1,123

$1,300 + $11,090

$12,390

2024

$1,123

$1,300 + $11,090

$12,390

2023

$1,123

$1,300 + $11,090

$12,390

2022

$1,123 (+2.4%)

$1,300 + $11,090

$12,390

2021

$1,096

$1,300 + $10,800

$12,100

2020

$1,096

$1,300 + $10,800

$12,100

2019

$1,096 (−41.3%)

$1,300 + $10,800

$12,100

2018

$1,866 (+27.2%)

$1,300 + $19,300

$20,600

2017

$1,468

$1,300 + $14,900

$16,200

2016

$1,467 (+0.8%)

$1,300 + $14,900

$16,200

2013

$1,456

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

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

10,871 Sq. Ft.

Year renovated

1985

Sq. Ft.

3,526

Year built

1985

Style

Multi-Family (5+ Unit)

County

Morgan County

APN

12 03 06 1 000 031.004

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Property details

Parking

Parking / Garage Information
# of Parking Spaces: 8
Parking Features: Lot

Exterior

Exterior Features
Exterior Features: Balcony
Patio And Porch Features: Porch
Has View: No

Lot Information
Lot Size Dimensions: 60 x 100
Lot Size Units: Acres

Land Information
Water Source: Public

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
New Construction: No
Living Area Units: Square Feet

Building Information
Levels: Two

Financial

Tax Information
Tax Legal Description: COM AT SE COR OF NE1/4 SEC 6, T6S, R4W, TH W 25', TH N 30' TO N R/W OF CEDAR LAKE RD SW, TH W ALG SD RD 750.44' TO TPOB, TH CONT W 66.67', TH N 160', TH E 66.67', TH SO 160' TO POB
Tax Lot: 0
Tax Block: 0

Utilities

Utility Information
Sewer: Public Sewer

Location

School / Neighborhood
Elementary School: Frances Nunguster
Middle Or Junior School: Brkhaven
High School: Decatur

Location Details
Directions: From 67 Go South On Sandlin Road ,Left On Cedar Lake,Apts On Left.

Community Information
Subdivision Name: Cedar Lake

Public facts

Beds: —
Baths: —
Sq. Ft.: 3,526
Stories: 2.0
Lot Size: 10,871 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1985
Year Renovated: 1985
County: Morgan County
APN: 12 03 06 1 000 031.004

Home facts updated by county records on Jul 15, 2026

Around this home

Schools
Places
Transit

Frances Nungester Elementary School

Public PreK-5 • Assigned • 0.8mi

3/10

Decatur Middle School

Public 6-8 • Assigned • 3.0mi

4/10

Decatur High School

Public 9-12 • Assigned • 3.7mi

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

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 107° expected this year, 18 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

Nearby similar homes

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New listings for sale in 35603

NEW 8 HRS AGO

$312,900

4 beds2 baths1,825 sq ft

3003 Joseph Dr, Decatur, AL 35603

(256) 772-4413

NEW 13 HRS AGO

$299,900

3 beds2 baths1,766 sq ft

1802 Grissom Ave SW, Decatur, AL 35603

(256) 713-0400

NEW 32 HRS AGO

$330,000

3 beds2 baths1,912 sq ft

3112 Henry Rd, Decatur, AL 35603

(256) 250-6009

OPEN SUN, 2PM TO 4PM

$179,900

3 beds2 baths1,256 sq ft

3913 Whitney Ln SW, Decatur, AL 35603

(256) 350-9676

$199,000

2 beds3 baths1,715 sq ft

2301 Williamsburg Ct SW, Decatur, AL 35603

(256) 327-7600

$419,900

4 beds3.5 baths2,626 sq ft

3021 Henry Rd, Decatur, AL 35603

(256) 822-0010

$320,000

4 beds2 baths1,993 sq ft

2008 Cotaco Valley Trl SE, Decatur, AL 35603

FOR SALE BY OWNER

$489,000

3 beds2.5 baths2,646 sq ft

3413 Oak St, Decatur, AL 35603

$400,000

4 beds3 baths2,571 sq ft

14 Shadow Way, Decatur, AL 35603

(855) 450-0442

Home values near 302 Cedar Lake Rd SW

Data from public records.

Address	Redfin Estimate
226 Cedar Lake Rd SW, Decatur, AL 4 Beds \| 2 Baths \| 875 Sq. Ft.	$239,548
302 Cedar Lake Rd SW Apartment 302, Decatur, AL 8 Beds \| 4 Baths \| 3500 Sq. Ft.	—

Address	Redfin Estimate
217 Cedar Lake Rd SW, Decatur, AL 16 Beds \| - Baths \| 6660 Sq. Ft.	—
304 Cedar Lake Rd SW Apartment 304, Decatur, AL 8 Beds \| 4 Baths \| 3500 Sq. Ft.	$340,821

Address	Redfin Estimate
228 Cedar Lake Rd SW Apartment 228, Decatur, AL 8 Beds \| 4 Baths \| 3500 Sq. Ft.	$320,313
3004 Sumac Rd SW, Decatur, AL - Beds \| 1 Baths \| 1053 Sq. Ft.	$139,252

Property information provided by VMLS when last listed in 2018. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 35603, AL

Sale history for 302 Cedar Lake Rd SW

Tax history for 302 Cedar Lake Rd SW

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 35603

Home values near 302 Cedar Lake Rd SW

More real estate resources