Opportunity awaits... This home is ideal for investors, rehabbers, or buyers seeking a project with potential. This adorable bungalow greets you with a comfortable covered front porch, hard wood floors, a wood-burning fireplace, and a wonderfully spacious floor plan with large bedrooms and bath. The exterior features a large, fenced backyard. Sold "AS-IS, WHERE-IS." Listing photos have been retouched and decluttered for marketing purposes.
Single-familyProperty Type
1944Year Built
0.3 acresLot Size
$88Price/Sq.Ft.
1 spaceParking
Listed by Tina Alexander• Maegan Jones Real Estate Co
•256-686-9048 (broker)
•therealmaeganjones@gmail.com (broker)
Listed by Maegan Jones• Maegan Jones Real Estate Co
West Decatur, located between Downtown Decatur and the Tennessee River, is a historic and residential Decatur neighborhood with tree-lined streets and a river-adjacent setting. The neighborhood’s character concentrates around the 6th Ave SW and Moulton St W corridor, where murals, local counters, and small storefronts set a lived-in, walk-and-stop rhythm. Brick bungalows and mid-century ranch homes mix with older commercial blocks that hint at Decatur’s rail-and-river roots. The Princess Theatre Center for the Performing Arts anchors nights out with marquee lights and touring acts. Cross-Eyed Owl Brewing Co. and Bank Street Grill keep the local flavor grounded in pints and plates. Parks and greenways along the river add room for a slower pace without leaving the city grid.
Provided by Walk Score and Local Logic
Market insights
402 5th Ave SW · $120,000
DAYS ON MARKET
46 days
The average home goes pending in 55 days.
SALE-TO-LIST
98.3%
Most homes are selling 2% below list price.
LIST PRICE
$120,000
Median sale price in this area is $266,293. (122% higher than this home)
PRICE DROP
2 price drops
20% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Crawl space basement
One fireplace
Bedrooms
Total of 8 rooms (includes bedrooms and living spaces)
Bathrooms
1 full bathroom
Heating & cooling
Central electric heating
Central electric cooling
Exterior features
Public water source
Public sewer
Home design
Single-family residence
Residential property
Built in 1944
Approximately 1,356 square feet of living area
0.3-acre lot
Parking
Carport (1 covered space)
Construction
Masonite exterior
Utilities
Public water
Public sewer
Electric service
HOA & community
No homeowners association
Subdivision: Bankscadel
Other
Directions: GPS friendly — from Hwy 31 or Gordon Terry Pkwy follow GPS to 402 5th Ave SW, Decatur, AL 35601
Electricity and solar
View estimated energy costs and solar savings for this home
PAYMENTS CHEAPER THAN RENT! GREAT STARTER HOME OR INVESTMENT PROPERTY ! MOVE IN READY WITH 3 BEDROOMS, LIVING ROOM, DINING ROOM , KITCHEN, LAUNDRY ROOM. BEAUTIFUL ORIGINAL HARDWOOD FLOORS REFINISHED. FIREPLACE, BUILT IN BOOKCASES, CORNER LOT WITH FENCED IN YARD. DETACHED STORAGE BUILDING, CARPORT. CENTRAL HEAT AND AIR AND PRICED TO SELL!
Year
Property tax
Land + Additions
Assessment*
2025
$278 (−27.1%)
$450 + $6,130
$6,580
2017
$381 (+0.1%)
$410 + $3,800
$4,210
2016
$381 (+7.0%)
$410 + $3,800
$4,210
2013
$356
Public record
Public record
Permits
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
7,000 Sq. Ft.
Year renovated
1944
Finished Sq. Ft.
1,456
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,456
Year built
1944
Style
Single Family Residential
County
Morgan County
APN
03 04 19 2 003 032.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Aug 2, 2023 • Final
Building
Remove and replace the felt and shingles on a residential building.
Roofing
Aug 6, 2019 • Final
Building
Remove and replace modified bitumen and felt roofing.
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.
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
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 402 5th Ave SW
$114,363
$5,637 under list price of $120K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $179K.