$225,000
●
House -
For Sale
2362 Marsh Rabbit Lane
Decatur, GA 30035
4 Beds
2 Baths,
1
Half Bath
2,344 Ft²
$1,192
Est. Monthly
About This Property
INVESTOR SPECIAL! Opportunity located at 2362 Marsh Rabbit Ln in
Decatur. Sold as-is, this home has four bedrooms, two and a half
baths, and over 2,300 square feet. Needs significant TLC
throughout, perfect for investors, flippers, or a buyer ready to
roll up their sleeves. Priced to reflect condition. Cash or
renovation loans preferred.
Unit Size
2,344 Ft²
Days on Market
13 days
Land Size
0.28 acres
Price per sqft
$96
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
2002
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 13 days ago (GAMLS #10873462)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Listed by Southern Classic Realtors | $225,000 | |
| Listed by Southern Classic Realtors | |||
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | Listed by Keller Williams Realty Chattahoochee North, LLC | $299,900 | |
| Listed by Keller Williams Realty Chattahoochee North, LLC | |||
 | |||
|
Great Opportunity in Decatur! This property offers huge potential for investors or handy first-time buyers ready to build equity. Home is being sold as is and needs TLC, but the bones are solid and the location can't be beat, minutes to I-285, shopping and downtown Decatur. Bring your contractor and your vision to transform this property into a rental, flip or your custom starter home. priced to sell quickly for buyers who see the value.
| |||
| Jul 20, 2004 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Parking Features: Attached, Garage
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Other
Appliances: Refrigerator, Oven/Range (Combo)
Flooring Type: Carpet, Vinyl
Laundry Features: None
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 2344
Square Footage Source: $0
Property Condition: Fixer
Architectural Style: Traditional
Year Built: 2002
Waterfront Features: No Dock Or Boathouse
Levels: Two
Construction Materials: Stucco, Synthetic Stucco, Vinyl Siding
Lot Features: Other
Lot Size Area: 12196.8
Lot Size Units: Square Feet
Lot Size Acres: 0.28
Lot Size Square Feet: 12196.8
Water Source: Public
Financial Details
Tax Annual Amount: $1,040
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About DeKalb
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Listed by: Natalie Stampfly, Southern Classic Realtors
Last Updated: 13 days ago
Data Source: GAMLS, MLS# 10873462
Last Updated: 13 days ago
Data Source: GAMLS, MLS# 10873462
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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