This home's estimate is 7.9% lower than the average sale price ($293K) of 6 comparable homes.
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3162 Modaus Rd SW, Decatur, AL 35601
About this home
Income Producing with 9% CAP Rate bringing in around $2000 per month, across from Austin High school and in West Morgan district, this is an excellent investment! One house w/ 3 bedrms, 2 baths, new hardwood laminents, refrigerator, dishwasher, etc. and updated, tenant occupied at $800 month! Separate apartment building with one apartment, 1 bedroom and 1 bath, refrigerator, dishwasher, etc and completely renovated, tenant occupied at $475 month! Upstairs apartment has garage, covered deck, 2 bedrms, large den and large kitchen w/ refrigerator, dishwasher, etc and in excellent condition, rents for $750 and not occupied but easily rents! Gorgeous setting, great location for a great return.
Redfin Estimate
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Market trends in 35603, AL
Last updated September 2026
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Sale history for 3162 Modaus Rd SW
$56/sq ft
$70/sq ft
$72/sq ft
$32/sq ft
$33/sq ft





Are you looking for a perfect investment opportunity? Well here it is, these two houses are currently being rented for 550 and 650 per month.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking / Garage Information
- Covered Spaces: 2
- Carport Spaces: 2
- Has Carport: Yes
Interior
- Bedroom 3 Information
- Bedroom Level: First
- Bedroom Area: 144
- Bedroom 4 Information
- Bedroom Level: First
- Bedroom Area: 132
- Master Bedroom Information
- Master Bedroom Level: First
- Master Bedroom Area: 168
- Bathroom Information
- # of Bathrooms (Full): 2
- # of Bathrooms (1/2): 0
- Dining Room Information
- Dining Room Area: 144
- Living Room Information
- Living Room Level: First
- Living Room Area: 182
- Kitchen Information
- Kitchen Level: First
- Kitchen Area: 144
- Room Information
- # of Rooms: 7
Exterior
- Lot Information
- Lot Size Dimensions: 93 x 140
- Lot Size Units: Acres
- Property Information
- Property Type: Residential
- New Construction: No
- Living Area: 3,296
- Living Area Units: Square Feet
- # of Fireplaces: 0
- Appliances: Dishwasher, Oven, Refrigerator
- Building Information
- Foundation Details: Slab
- Levels: One
Financial
- Tax Information
- Tax Lot: 0
- Tax Block: 0
Utilities
- Utility Information
- Sewer: Septic Tank
- Heating & Cooling
- Has Cooling: Yes
- Has Heating: Yes
- Heating: Electric
Location
- HOA Information
- Association YN: No
- Location Details
- Directions: From Beltline, Turn West On Modaus Rd, Property On Left Just Past Austin High School!
- Community Information
- Subdivision Name: Metes And Bounds
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Single Family Residential
- Year Built: —
- Year Renovated: —
- County: Morgan County
- APN: —
Around this home
Schools
Public 4-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 2.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 105° expected this year, 19 days in 30 years
21% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
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.
Sell confidently with a local market expert in Decatur. 3 minutes to get started.
Nearby similar homes
New listings for sale in 35603
Home values near 3162 Modaus Rd SW
| Address | Redfin Estimate |
|---|---|
- Beds | 1 Baths | 1344 Sq. Ft. | $161,373 |
- Beds | 1 Baths | 1716 Sq. Ft. | $264,582 |
| Address | Redfin Estimate |
|---|---|
- Beds | 2 Baths | 2277 Sq. Ft. | $257,923 |
3 Beds | 1.5 Baths | 1550 Sq. Ft. | $212,416 |
| Address | Redfin Estimate |
|---|---|
- Beds | 3 Baths | 1893 Sq. Ft. | $265,365 |
3 Beds | 2 Baths | 1743 Sq. Ft. | $155,355 |
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