422 Lafayette Street NE, Decatur, AL 35601
Old Decatur · MORGAN County
Key Facts
Description
• 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
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Stories
2
Living Area
7,654 sq ft
Parking Spaces
10
Days on Market
365
MLS® Listing#
21878333
Property Features
Heating
Parking
Construction
Sewer
Water Source
Schools
- Elementary:
- Banks-Caddell
- Middle:
- Decatur
- High:
- Decatur
Financial Details
Annual Taxes
$4,300
Parcel Number
03 04 17 3 007 009.000
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
Affordability Calculator
$150,000
Estimated monthly payment
$3,992/mo
Principal $600,000 · Est. interest $837,053 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Decatur, AL
- $316,129
- Median Listing Price
- 52
- Median Days on Market
- 2,116
- Median Sq Ft
- $149
- Median Price / Sq Ft
- 310
- Active Listings
- This home’s price is 137% above the area median.
- Its price per sq ft is 34% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Decatur, AL.
Location
Points of Interest in Decatur, AL
Showing the Decatur area map.
Nearby Schools
First Baptist Church
Elementary · 0.2 mi away
Horizon High School
Secondary · 0.3 mi away
Decatur City Schools
School · 0.3 mi away
Banks-Caddell Elementary
Elementary · 0.7 mi away
Decatur City Sch Transportation Department
School · 0.8 mi away
Banks Caddell Elementary School
Elementary · 0.9 mi away
Decatur City Schools
Elementary · 0.9 mi away
Decatur High School
Secondary · 1.1 mi away
Leon Sheffield Magnet Elementary
Elementary · 1.2 mi away
West Decatur Elementary School
Elementary · 1.3 mi away
Benjamin Davis Elementary School
Elementary · 1.5 mi away
Decatur Middle School
Secondary · 1.7 mi away
Oak Park Elementary School-Decatur, Alabama
Elementary · 1.7 mi away
Pleasant Haven Daycare
School · 1.7 mi away
Decatur City Head Start
School · 2.4 mi away
Walter Jackson Elementary School
Elementary · 2.4 mi away
Excel Center-Decatur, Alabama
School · 2.5 mi away
Austin High School
Secondary · 2.6 mi away
Woodmeade Elementary School
Elementary · 2.6 mi away
Eastwood Elementary School
Elementary · 2.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3105 Upper River Road, Decatur, AL | $529,900 | 5 | 4 | 3,580 |
| 76 Nicole Drive, Decatur, AL | $540,000 | 4 | 4 | 2,881 |
| 1602 Woodland Street, Decatur, AL | $546,482 | 4 | 5 | 4,868 |
| 2311 Amberly Lane, Decatur, AL | $548,743 | 5 | 3 | 3,282 |
| 1820 Stratford Road, Decatur, AL | $549,931 | 3 | 3 | 2,828 |
| Lot 11 Newcastle Lane, Decatur, AL | $568,831 | 3 | 3 | 2,429 |
Moving Cost Estimate
EXIT Agents in Decatur
Listing Courtesy: MarMac Real Estate - 2562506009
Last Updated: 2025-01-08