332 Lockwood Ter

Decatur, GA 30030

$750,000
Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

|| TENANT-OCCUPIED DUPLEX = INSTANT INCOME || NO HOA & NO RENT RESTRICTIONS || NEW WATER HEATERS IN BOTH UNITS || || TOP RATED SCHOOLS || SEPARATE DRIVEWAYS & LARGE YARDS || FRESH EXTERIOR PAINT & LANDSCAPING || MINUTES TO DOWNTOWN ATLANTA ||
Opportunity meets location at 332 Lockwood Terrace in Decatur, where lifestyle, flexibility, and income potential come together. This tenant-occupied duplex features two units, each offering 2 bedrooms and 1.5 baths with approximately 1,000 square feet, making...|| TENANT-OCCUPIED DUPLEX = INSTANT INCOME || NO HOA & NO RENT RESTRICTIONS || NEW WATER HEATERS IN BOTH UNITS || || TOP RATED SCHOOLS || SEPARATE DRIVEWAYS & LARGE YARDS || FRESH EXTERIOR PAINT & LANDSCAPING || MINUTES TO DOWNTOWN ATLANTA ||
Opportunity meets location at 332 Lockwood Terrace in Decatur, where lifestyle, flexibility, and income potential come together. This tenant-occupied duplex features two units, each offering 2 bedrooms and 1.5 baths with approximately 1,000 square feet, making it an ideal setup for investors seeking instant rental income or buyers who want to live in one side while renting the other. Recent improvements help enhance the property’s appeal, including NEW WATER HEATERS in both units, fresh exterior paint, refurbishment of Unit B, and fresh landscaping that adds curb appeal the moment you arrive. Each unit also enjoys its own private driveway and large yard, giving residents the kind of space and independence that is hard to find in multifamily living. Picture the everyday convenience: mornings where tenants can hop in the car for an easy commute into Downtown Atlanta, or take advantage of easy MARTA access nearby. On weekends, the possibilities expand in every direction—explore Downtown Decatur’s restaurants, shops, and local events, meet friends at one of the 10 nearby parks, cool off at one of the 3 public pools, or swing by the local farmer’s market just 2 miles away for fresh produce and community vibes. With NO HOA and NO RENT RESTRICTIONS, this property offers rare flexibility for investors and owner-occupants alike. Combine that with two tenants already in place and top-rated schools nearby, and you have a property positioned for both lifestyle and long-term value. You can’t beat this location or the opportunity for immediate income in one of Decatur’s most convenient areas! Renters are Family/Friends and Paying Below Market Value.
  1. Listed by RHONDA DUFFY • Duffy Realty of Atlanta • 678-318-3613

Property Details for 332 Lockwood Terrace

Subdivision Complex
None
Num Of Parking Spaces
2
Parking Features
Driveway
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 03/19/2026 12:15 PM

Property Details for 332 Lockwood Terrace

StatusActive
MLS #7732562
Days on Market16
Taxes$3,392 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1980
Lot Size0.38 AC / 16,552 SF
CountyDeKalb County
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Location

Listing Courtesy of Duffy Realty of Atlanta, RHONDA DUFFY
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Building Information for 332 Lockwood Terrace

Stories1Residences2Year Built1980Building Size-Lot Size0.38 AC / 16,552 SF

Payment Calculator

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$3,923 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,640

Property Taxes

$283

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 332 Lockwood Terrace

Summary
Location and General Information
  • Community Features: Near Shopping, Near Schools, Near Public Transport
  • Directions: Ga-10 E/John Lewis Freedom Pkwy NE, right on Ponce De Leon Ave NE, continue straight to Scott Blvd, right on N Decatur Rd, right on Church St, left on Sycamore Dr, left on Fairview St, right on Lockwood Terrace
  • Lake Name: None
  • View: Other
  • Coordinates: -84.281313, 33.78132
Taxes and HOA Information
  • Parcel Number: 18 007 05 137
  • Tax Year: 2025
  • Association: No
  • Block: 1
  • Tax Legal Description: 0
  • Tax Lot: 6
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Glennwood
  • High School: Decatur
  • Middle School: Beacon Hill
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Basement: None
  • Levels/Stories: One
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: Accessible Bedroom
  • Construction Materials: Wood Siding
  • Fencing: Back Yard, Privacy
  • Roof Type: Composition
  • Security Features: None
  • Laundry Features: In Unit
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
  • Possession: Negotiable
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Other
  • Acreage Source: Owner
Multi Family
Multi-Family Information
  • NUM OF UNITS: 2
Unit 1
  • Unit Deposit Amount: $.00
  • Unit Electric Included: Yes
  • Unit Features: Other
  • Unit Garbage Included: No
  • Unit Gas Included: Yes
  • Unit Half Baths: 1
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,500.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $.00
  • Unit Electric Included: Yes
  • Unit Features: Other
  • Unit Garbage Included: No
  • Unit Gas Included: Yes
  • Unit Half Baths: 1
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $700.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Occupant Types: Tenant

Public Records for 332 Lockwood Terrace

Taxable ValueLand$187,720Additions$102,800Total$290,520
Tax Record2025$3,392 ($283 / month)
Home Facts
Baths2Total Finished SqFt2,000 SqFtAbove Grade Finished SqFt2,000 SqFtStories1Lot Size16,553 SqFtStyleDuplexYear Built1980ZoningR60CountyDEKALBAPN18 007 05 137Fireplace TypeHas Fireplace

Schools near 332 Lockwood Terrace

This home is within Decatur City School District.
Rating
School
Type
Grades
Distance
New Glennwood Elementary
Public - PK to 2
Talley Street Elementary School
Public - 3 to 5
Beacon Hill Middle School
Public - 6 to 8
Decatur High School
Public - 9 to 12
Rating
School
Distance
New Glennwood Elementary
PublicPK to 2

Talley Street Elementary School
Public3 to 5

Beacon Hill Middle School
Public6 to 8

Decatur High School
Public9 to 12

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 332 Lockwood Terrace, Decatur, GA 30030

332 Lockwood Terrace is a multi-family home for sale in Decatur, GA 30030. This property was listed for sale on March 10, 2026 by Duffy Realty of Atlanta, it's currently listed at $750,000. This listing's school district is Decatur City School District. Nearby schools include New Glennwood Elementary, Talley Street Elementary School and Beacon Hill Middle School. 332 Lockwood Terrace is a 4-bed, 4-bath, multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Duffy Realty of Atlanta, RHONDA DUFFY

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.