422 Lafayette Street NE Decatur, AL $ 650,000
422 Lafayette Street NE
$ 650,000
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422 Lafayette Street NE

Decatur, AL, 35601
$ 650,000
Bedrooms-- Baths0.0 Sq 7,654

Monthly Estimate*

$ 4,489

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Multi-Family Home for sale in Decatur, AL

for $650,000. This home is 7,654 square feet.

• 8-unit apartment complex in downtown Decatur. • 5- 2 bedroom 1 bath units • 3-1-bedroom 1 bath units • One building is 3,878+/- SQ FT and one is 3,776 +/- SQ FT fully brick with shingle roof • Corner lot at the intersection of Lafayette ST and Well ST • Electricity recently updated each unit has a new breaker box • All units have heating and cooling • 10 on-site parking spaces with extra on-street parking available

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Multi-Family Active

Price

$ 650,000

Property Type

Multi-Family

Taxes

$ 0

Style

Town/City

Decatur

County/Region

Morgan

MLS | Web ID

21878333

Features
General
Sewer Public Sewer
Construction Materials Brick
Levels Two
Property Subtype Apartment
Parcel Number 03 04 17 3 007 009.000
County MORGAN
New Construction false
Property Type Residential Income
Subdivision Name Old Decatur
Status ACTIVE
Directions From Highway 31 Turn On Lafayette St Ne Property Will Be On Your Right At The Intersection Of Of Lafayette St And Well St
High School Decatur
City Decatur
Zoning Description Residential
Number Of Units Total 8
Lot Size Units Acres
Elementary School Banks-Caddell
Middle/Junior High School Decatur
Living Area Units Square Feet
Standard Status Active
Tax Lot 29
Freehold IDX
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Interior
Heating Y/N false
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Exterior
Parking Features On Street Driveway-Concrete Parking Lot Shared Driveway
Water Source Public
Total Parking 10
Number of Buildings 2
Building Area Total 7654
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* Excluded Features
List By
Marmac Real Estate

Broker

Affordability Calculator

$4,489
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3974511 Elementary School
4748641 Middle School
Decatur High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$650,000 -13.33% Price Down
2/18/2026$750,000 Listed Price

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422 Lafayette Street NE, Decatur, AL, 35601 is a Multi-Family Home for sale at $650,000 with 7,654 sqft. 422 Lafayette Street NE has 0.0 baths. The property's zip code is 35601 which is in Decatur, AL