2005 Morgan Avenue Southwest

Decatur, AL 35601

$724,999
Price
11
Beds
2,450 Sq. Ft.
$296 / Sq. Ft.
2,450
Sq. Ft.
$296
per Sq. Ft.
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Description

Exceptional Investment Opportunity in Decatur! Rare chance to own a 3-bedroom, 2-bath home with a 2-car garage plus a fully occupied 5-unit apartment complex on the same property. Positioned back-to-back with separate street frontage, this unique setup offers flexibility for investors and owner-occupants alike. The approximately 1,600 sq. ft. home is well maintained and features updated flooring, a covered patio, private backyard, long driveway, hot tub, and a reliable long-term tenant. The 5-unit...Exceptional Investment Opportunity in Decatur! Rare chance to own a 3-bedroom, 2-bath home with a 2-car garage plus a fully occupied 5-unit apartment complex on the same property. Positioned back-to-back with separate street frontage, this unique setup offers flexibility for investors and owner-occupants alike. The approximately 1,600 sq. ft. home is well maintained and features updated flooring, a covered patio, private backyard, long driveway, hot tub, and a reliable long-term tenant. The 5-unit complex is fully leased with established tenants, providing immediate and stable cash flow. NO SELLER'S FINANCING AVAILABLE Live in the home while generating income from the apartments, or rent all six units for maximum returns. Conveniently located in Decatur, one of North Alabama's fastest-growing cities, with easy access to the thriving Huntsville corridor, major employers, shopping, and dining. A rare income-producing property with strong occupancy and long-term growth potential.
  1. Listed by Sandy Nguyen (Binh) • Brokerage DRE #149579 • Goal Realty LLC
    P: (205)-558-5030 C: (205)-253-2500 goalrealty2017@gmail.com

Amenities

  • Assigned Parking
  • Carpet Floors
  • Central AC
  • Central Heating
  • Dishwasher
  • Driveway
  • Garage
  • Hot Tub
LISTING UPDATED: 06/19/2026 03:14 PM

Property Details for 2005 Morgan Avenue Southwest

StatusActive
MLS #21454574
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1952
Lot Size-
CountyMorgan County
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Location

Listing Courtesy of Goal Realty LLC
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Building Information for 2005 Morgan Avenue Southwest

Stories-Residences5Year Built1952Building Size-Lot Size-

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$3,613 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,613

Property Taxes

$0

HOA Dues

$0

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Property Information for 2005 Morgan Avenue Southwest

Summary
Location and General Information
  • Carrier Route: C022
  • Directions: GPS
  • Latitude: 34.574527
  • Longitude: -87.008325
  • MLS Area Major: Morgan County
School Information
  • Elementary School: WEST DECATUR
  • High School: DECATUR
  • Middle Or Junior School: DECATUR MIDDLE SCHOOL
Parking
  • Parking Features: Assigned
Virtual Tour
Property
Property and Assessments
  • Living Area: 2450.0
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1952
Building Features
  • Construction Materials: Brick, Frame
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Water Heater, Dishwasher, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Cooling: Central Air
  • Has Cooling: Yes
  • Flooring: Tile, Vinyl, Carpet
  • Heating: Central
  • Has Heating: Yes
  • Interior Features: Eat-in Kitchen
  • Main Level Bedrooms: 3
Multi Family
Multi Family Information
  • Number Of Units Total: 5
Unit Information
Unit 1
  • Beds Total: 2
  • Type: 2 Bedroom
  • Units Total: 4
Unit 2
  • Beds Total: 3
  • Type: 3 Bedroom
  • Units Total: 1

Property History for 2005 Morgan Avenue Southwest

DateEvent & SourcePriceAppreciation
May 29, 2026

Listed (Active)

Greater Alabama MLS #21454574

$724,999—
DateEvent & SourcePrice
05/29/2026

Listed (Active)

Greater Alabama MLS #21454574

$724,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2005 Morgan Avenue Southwest

This home is within Decatur City School District.
Rating
School
Type
Grades
Distance
Austinville Elementary School
Public - PK to 5
Brookhaven Middle School
Public - 6 to 8
Austin High School
Public - 9 to 12
Austin Junior High School
Public - 8 to 9
Rating
School
Distance
Austinville Elementary School
PublicPK to 5

Brookhaven Middle School
Public6 to 8

Austin High School
Public9 to 12

Austin Junior High School
Public8 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2005 Morgan Avenue Southwest, Decatur, AL 35601

2005 Morgan Avenue Southwest is a multi-family home for sale in Decatur, AL 35601. This property was listed for sale on May 29, 2026 by Goal Realty LLC, it's currently listed at $724,999. This listing's school district is Decatur City School District. Nearby schools include Austinville Elementary School, Brookhaven Middle School and Austin High School. 2005 Morgan Avenue Southwest is a 11-bed, 3-bath, 2,450 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Goal Realty LLC

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Birmingham Alabama Association of REALTORS®. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Birmingham Alabama Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records.