$1,010,168*
●
Multifamily -
Off Market
411 S Candler St
Decatur, GA 30030
Studio
0 Bath
$765,000 - $933,000
Reference Base Price*
18.86%
Since Nov 1, 2021
GA-Atlanta
Primary Model
About This Property
When it comes to incorporating real estate as a portion of your
overall portfolio, there are a few boxes you want to tick to ensure
that your investment is a worthwhile one. First, an ideal property
is located in a perennial part of town, for instance, something
close to Emory, Agnes Scott, and the CDC (not to mention the
walkable lifestyle options offered by a neighborhood like Decatur)
help ensure demand for the long run. Second, an investment-owner
doesn't want a lot of surprises, so something newly renovated goes
a long way toward ensuring that their investment doesn't become a
money pit. Third, while single-family homes have long been the
rage, there are downsides: there's a lot to be said for a
multi-unit setup, where all of your tenants are under the same
roof. Fourth, small units at competitive-but-substantial prices
help maintain a roster of professionally minded tenants who are
simply more likely to treat your property with respect. The list
goes on, but those are the big ones' points thoroughly covered
(with a discernible sense of wraparound-porch charm, we might add)
by 411 S. Candler Street in the City of Decatur, a historic,
spit-polished, quintessentially Southern quadruplex that's ready to
move into, just six minutes by bike from Decatur Square (with
plenty of extra space for parking out back). Bottom line: we
see each of these wood-floored, independently accessible, stainless
appliance-equipped, one-bed/one-bath units renting for about $1,400
per month by today's market standard.
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$901
HOA Dues
-
Year Built
1910
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 6, 2021 | No longer available | - | |
No longer available | |||
Mar 23, 2021 | Sold to Jesse Lugard | $815,000 | |
Sold to Jesse Lugard | |||
Feb 11, 2021 | In contract | - | |
In contract | |||
Jan 24, 2021 | Price Decreased |
$849,900
↓ $10K
(1.2%)
|
|
Price Decreased | |||
Nov 1, 2020 | Price Decreased |
$859,900
↓ $15K
(1.7%)
|
|
Price Decreased |
Show More
Property Highlights
Air Conditioning
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
In Contract
Commercial
Loft
-
2,560 ft²
$355/ft²
$910,000
Aug 15, 2023
-
$888/mo
In Contract
House
3
Beds
3
Baths
1,906 ft²
$433/ft²
$825,000
Feb 29, 2024
-
$943/mo
Active
House
4
Beds
3.5
Baths
2,484 ft²
$362/ft²
$899,000
Mar 20, 2024
-
$268/mo
In Contract
House
4
Beds
3
Baths
2,810 ft²
$281/ft²
$789,900
Jan 8, 2024
-
$507/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/04/2024
|
|
Studio
|
-
|
-
|
$1,250,000
Studio
-
|
-
-
|
-
|
Stephanie Smith
Solid Source Realty GA
|
09/17/2020
|
|
Studio
|
-
|
-
|
$875,000
Studio
-
|
$815,000
-6.86%
03/23/2021
|
Joshua Keen
Compass
|
Building Info
411 South Candler Street
411 South Candler Street, Decatur, GA 30030
- 1 Unit for Sale