Rare investment opportunity with immediate cash flow and long-term value potential! This duplex is conveniently located less than one mile from I-285 with easy access to Decatur, Downtown Atlanta, and major employment centers. Each unit has 2-bedrooms and 1-bath, with a separate laundry/utility room. One unit currently rents for $1,245/month, lease expiring on 7/31/2027. The other unit is below market since this is a 5+ year tenant, currently rents for $1,020/month, expiring on 12/31/2026. Water is not separated and is paid by the landlord, however all other utilities are separated and paid by tenants. Crawlspace is encapsulated with a commercial dehumidifier. Property is being sold As-Is; owner is an investor and has never lived at the property; no Seller's Disclosures are provided.
Multi-familyProperty Type
1950Year Built
0.33 acresLot Size
Listed by JM Scott• Chapman Hall Realtors Alpharetta
Rare investment opportunity with immediate cash flow and long-term value potential! This duplex is conveniently located less than one mile from I-285 with easy access to Decatur, Downtown Atlanta, and major employment centers. Each unit has 2-bedrooms and 1-bath, with a separate laundry/utility room. One unit currently rents for $1,245/month, lease expiring on 7/31/2027. The other unit is below market since this is a 5+ year tenant, currently rents for $1,020/month, expiring on 12/31/2026. Water is not separated and is paid by the landlord, however all other utilities are separated and paid by tenants. Crawlspace is encapsulated with a commercial dehumidifier. Property is being sold As-Is; owner is an investor and has never lived at the property; no Seller's Disclosures are provided.
RENT. #1
Mar 4, 2022
Price Changed
$1,050
FMLS #6038451
Jul 27, 2018
Sold
$134,000
Jul 10, 2018
Pending
—
Jul 5, 2018
Listed
$138,000
GREAT investment opportunity, close to MARTA station, New roof, all brick, fenced,lots of parking space.
GAMLS #8412173
Jul 26, 2018
Sold
$134,000
Jul 10, 2018
Pending
—
Jul 5, 2018
Listed
$138,000
Public Records
Sep 14, 1998
Sold
$72,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,020 (+47.4%)
$10,674 + $86,366
$97,040
2024
$3,406 (+3.2%)
$10,674 + $86,366
$97,040
2023
$3,300 (+1.3%)
$10,520 + $86,520
$97,040
2022
$3,258 (+9.2%)
$10,227 + $49,933
$60,160
2021
$2,983
$10,520 + $55,920
$66,440
2020
$2,983 (+0.4%)
$10,520 + $55,920
$66,440
2019
$2,971 (−3.2%)
$10,040 + $43,560
$53,600
2018
$3,069 (+22.2%)
$10,520 + $45,200
$55,720
2017
$2,512 (+12.7%)
$10,520 + $45,200
$55,720
2016
$2,230 (+45.8%)
$10,520 + $25,960
$36,480
2014
$1,529 (+132.4%)
$10,520 + $8,760
$19,280
2013
$658 (−27.2%)
$10,520 + $1,760
$12,280
2012
$904 (+4.7%)
$10,480 + $8,840
$19,320
2011
$863 (−38.7%)
$8,160 + $9,792
$17,952
2010
$1,407 (−2.1%)
$11,454 + $24,626
$36,080
2008
$1,438
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
1993
Finished Sq. Ft.
1,560
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,560
Year built
1950
Style
Multi-Family (2-4 Unit)
County
DeKalb County
APN
15 220 06 004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-75
Residential Medium Lot-75 District
The purpose and intent of the board of commissioners in establishing the R-75 (Residential Medium Lot-75) District is as follows: To provide for the protection of neighborhoods within the county where lots have a minimum area of ten thousand square feet; To provide for compatible infill development in neighborhoods; To provide protections for existing development as new subdivisions are created; To provide flexibility in design on the interior of new development while protecting surrounding development; To assure that the uses and structures authorized in the R-75 (Residential Medium Lot-75) District are those uses and structures designed to serve the housing, recreational, educational, religious, and social needs of the neighborhood; To provide for appropriately sized accessible and useable open space in new developments for health, recreational and social opportunities for county residents; To implement the future development map of the county's most current comprehensive plan.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Garden center
Housing-Single unit
Public service
Golf related
Communications tower
Local insights from Redfin agents
DeKalb County offers diverse lifestyles, from established communities like Decatur and Avondale Estates to suburban neighborhoods throughout North and East DeKalb. Known for its culture, dining, green spaces, and MARTA access, DeKalb attracts buyers...
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 104° expected this year, 18 days in 30 years
4/10 Wind Factor
24% chance of strong winds in next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Decatur, GA • 30032
Average low and high temperatures (°F)
51
33
61
40
71
48
78
56
79
62
86
69
90
74
84
69
84
65
75
55
67
48
57
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 14% for direct sun exposure in Decatur. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1151 Canal St
$330,812
$4,188 under list price of $335K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $230K to $356K.