411 Drexel Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Well maintained 4 unit bldg. in City of Decatur in Lenox Park. Zoned for top-notch Decatur Schools! All units have been renovated recently in past 3 years. All units have same floor plan (2/1) with same square footage and include washer/dryer and electrical appliances. Walk to Adair Park, Decatur shops, restaurants, and MARTA. All are leased and tenants pay all utilities. Double lot (100 x 151) large enough for 2 single family homes which usually sell for $425k each. All systems updated except elec....Well maintained 4 unit bldg. in City of Decatur in Lenox Park. Zoned for top-notch Decatur Schools! All units have been renovated recently in past 3 years. All units have same floor plan (2/1) with same square footage and include washer/dryer and electrical appliances. Walk to Adair Park, Decatur shops, restaurants, and MARTA. All are leased and tenants pay all utilities. Double lot (100 x 151) large enough for 2 single family homes which usually sell for $425k each. All systems updated except elec. panels.
  1. Listed by Alan Corey • KELLER KNAPP INC

Property Details for 411 Drexel Avenue

Subdivision Complex
Lenox Park
Num Of Parking Spaces
2
Parking Features
Level Driveway, Varies by Unit
Property Attached
No
LISTING CLOSED: 03/13/2017 12:00 AM

Property Details for 411 Drexel Avenue

StatusClosed
MLS #5795726
Days on Market16
Taxes$11,916 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1964
Lot Size0.50 AC / 21,780 SF
CountyDeKalb County

Location

Listing Courtesy of KELLER KNAPP INC, Alan Corey

Sold By KELLER KNAPP INC, Alan Corey

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Building Information for 411 Drexel Avenue

Stories-Residences4Year Built1964Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$4,983 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,990

Property Taxes

$993

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 411 Drexel Avenue

Summary
Location and General Information
  • Community Features: Near Public Transport, Near Schools, Near Shopping, Playground, Public Transportation
  • Directions: On Drexel Ave between W. Howard and Ponce de Leon Ave.
  • Lake Name: None
  • Coordinates: -84.308442, 33.770566
Taxes and HOA Information
  • Parcel Number: 15 236 04 179
  • Tax Year: 2016
  • Association: No
  • Block: 8
  • Tax Lot: 124
School Information
  • Elementary School: Westchester/Fifth Avenue
  • High School: Decatur
  • Middle School: Beacon Hill
Parking
  • Open Parking: Yes
Agent
Payment and Rate
  • Concessions Amt: $.00
Interior and Exterior Features
Interior Features
  • Cooling: None
  • Heating: Central
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Dock: None
  • Fencing: None
  • Patio And Porch Features: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: None
Lot Information
  • Section/GMD: 0
  • Land lot: 236
  • Lot Features: Level
  • Lot Size Dimensions: 100x151
Multi Family
Multi-Family Information
  • Unit Count: 4
  • NUM OF UNITS: 4
Income & Expenses Information
  • Gross Annual Income: $59,220.00
  • N.O.I. $: $40,817.00
  • Annual Expenses: $18,403.00
Unit 1
  • Input Entry Order: 2
  • Unit Deposit Amount: $1,200.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Disposal, Dryer, Hardwood Floors
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Avail 3-6 Months
  • Unit Water Included: No
  • Unit Rent Amount: $1,225.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Input Entry Order: 1
  • Unit Deposit Amount: $1,240.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Disposal, Dryer, Hardwood Floors, Range/Oven, Refrigerator, Washer
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Avail In 1-3 Mon
  • Unit Water Included: No
  • Unit Rent Amount: $1,240.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 3
  • Input Entry Order: 3
  • Unit Deposit Amount: $1,200.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Dishwasher, Hardwood Floors
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Avail 3-6 Months
  • Unit Water Included: No
  • Unit Rent Amount: $1,220.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 4
  • Input Entry Order: 4
  • Unit Deposit Amount: $1,200.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Hardwood Floors
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Avail 3-6 Months
  • Unit Water Included: No
  • Unit Rent Amount: $1,250.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Terms: Other

Property History for 411 Drexel Avenue

DateEvent & SourcePriceAppreciation
Mar 13, 2017

Sold (Public Record)

Public Record #593179766

$785,000

+16.5% / yr

Aug 24, 2015

Sold (Public Record)

Public Record #554720965

$619,000

+1.9% / yr

Jul 29, 2005

Sold (Public Record)

Public Record #308248843

$510,000
DateEvent & SourcePrice
03/13/2017

Sold (Public Record)

Public Record #593179766

$785,000

+16.5% / yr

08/24/2015

Sold (Public Record)

Public Record #554720965

$619,000

+1.9% / yr

07/29/2005

Sold (Public Record)

Public Record #308248843

$510,000

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

Public Records for 411 Drexel Avenue

Taxable ValueLand$66,960Additions$276,640Total$343,600
Tax Record2025$4,011 ($334 / month)
Home Facts
Total Finished SqFt3,942 SqFtAbove Grade Finished SqFt3,942 SqFtStories2Lot Size15,115 SqFtStyleQuadraplexYear Built1964ZoningXCountyDEKALBAPN15 236 04 179Fireplace TypeHas Fireplace

Schools near 411 Drexel Avenue

This home is within Decatur City School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Westchester Elementary School
PublicPK to 2

Fifth Avenue 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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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 KELLER KNAPP INC, Alan Corey

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.