Alabama Multifamily 12-unit Portfolio

For Sale

1816 Glenn Street, 1803 Graymont Lane SW, 1809 Windover Place, Decatur, AL 35603

This Decatur property for sale is located at 1816 Glenn Street, 1803 Graymont Lane SW, 1809 Windover Place. The current listed sale price for Alabama Multifamily 12-unit Portfolio is $1,275,000.

Contacts

Len Johnson

Gateway Alabama Realty Group

Property Details

  • Property Type Multi-Family
  • Property Size 10,344 SF
  • Units 12
  • Property Tenancy Multi-Tenant
  • Year Built 1985
  • Year Renovated 2026
  • Date Updated Aug 4, 2026
Introducing an exceptional investment opportunity in the vibrant city of Decatur. Located in a prime spot, this offering is near Alabama's notable landmarks, including the renowned Point Mallard Park, the historic Old State Bank, and the stunning Wheeler National Wildlife Refuge. The area is also home to an array of dining, shopping, and entertainment options, ensuring a desirable lifestyle for potential tenants. With its convenient access to major roadways and proximity to employment centers, the location presents an attractive opportunity for a multifamily/low-rise/garden investment in Decatur.Introducing an exceptional investment opportunity in Decatur, Alabama—12 multifamily properties that are well maintained with recent renovations are available as a portfolio consisting of three 4-plex buildings boasts an impressive 91.66% occupancy rate, these multifamily gems offer a prime locations within the thriving Decatur area. Or the properties are available for individual purchase. Units are recently renovated offering modern comforts and conveniences, ensuring tenant satisfaction and maximizing investment potential. With its strong occupancy rate and strategic positioning, this portfolio presents a compelling opportunity for multifamily/low-rise/garden investors seeking an asset with immediate in-place rental income in the dynamic Decatur real estate market. Portfolio includes: 1816 Glenn Street, Decatur, AL 35603, built 1985, 4 units, property tax $1,997.73; insurance $2,147.22 1803 Graymont Lane, Decatur, AL 35603, built 1985, 4 units, property tax $2,024.91; insurance $2,176.35 1809 Windover Place, Decatur, AL 35603, built 1985, 4 units, property tax $2,018.58; insurance $2,145.90
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Highlights

  • 10,344 SF across four separate buildings
  • 12 unit portfolio offers value-add opportunity
  • Achieved proven market rents
  • Impressive 91.66% occupancy rate
  • Individual sale also available
  • Short commute to major corporate manufacturing and distribution plants
  • Well-maintained with recent updates and upgrades

Attachments

Getting around

  • 61/100

    Walk Score ®

  • 46/100

    Bike Score ®

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Location

  • City Decatur, AL
  • Zip Code 35603
  • Market Huntsville

Points of Interest

  • Murphy USA

    1.11 miles

  • Shell

    1.45 miles

  • Texaco

    1.98 miles

  • Mapco

    2.02 miles

  • Snackers

    2.10 miles

  • Kroger

    2.25 miles

  • Walmart

    2.62 miles

  • Phillips 66

    2.94 miles

  • Fuel station

    3.79 miles

  • RaceWay

    3.86 miles

  • Lot 19C

    6.68 miles

  • Lot 19A

    6.74 miles

  • Lot 19B

    6.76 miles

  • Lot 17A

    6.80 miles

  • Lot 20B

    6.82 miles

  • Lot 15A

    6.85 miles

  • Lot 20A

    6.86 miles

  • Lot 16B

    6.91 miles

  • Lot 16A

    6.95 miles

  • Student/Faculty

    6.96 miles

  • Baymont Decatur

    0.51 miles

  • La Quinta Inn Decatur

    0.82 miles

  • Quality Inn Decatur River City

    0.93 miles

  • Hampton Inn Decatur

    1.03 miles

  • Sleep Inn & Suites

    1.58 miles

  • Best Western

    1.71 miles

  • Residence Inn

    1.74 miles

  • Courtyard

    1.77 miles

  • Holiday Inn Express

    2.04 miles

  • Econo Lodge

    2.66 miles

  • Publix

    0.15 miles

  • ALDI

    0.30 miles

  • Decatur Mall

    0.54 miles

  • Walmart Supercenter

    1.23 miles

  • Kroger

    2.25 miles

  • Ross

    2.53 miles

  • Walmart Neighborhood Market

    2.55 miles

  • Coop

    2.58 miles

  • Target

    2.61 miles

  • Foodland

    7.48 miles

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