Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5

$649,900

2005 MORGAN AVENUE SW, DECATUR AL, 35601

Built in1952
Property typeCondominium

Overview

Active

Listed May 29, 2026

Updated 2 weeks ago

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.

$4,324/mo

Est. mortgage payment based on a $649,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Listed by Goal Realty LLC,Sandy Nguyen (Binh)  

All information deemed reliable but not guaranteed and should be independently verified. The properties displayed are provided courtesy of the Real Estate Brokers participating in the Greater Alabama MLS. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Right Space Commercial shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Greater Alabama MLS. All rights reserved.

Powered by Luxury Presence