332 Lockwood TER Decatur, GA 30030
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 7732562
Construction Status Resale
HOA Y/N No
Year Built 1980
Annual Tax Amount $3,392
Tax Year 2025
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
Opportunity meets location at 332 Lockwood Terrace in Decatur, where lifestyle, flexibility, and income potential come together. This tenant-occupied duplex features two units, each offering 2 bedrooms and 1.5 baths with approximately 1,000 square feet, making it an ideal setup for investors seeking instant rental income or buyers who want to live in one side while renting the other.
Recent improvements help enhance the property's appeal, including NEW WATER HEATERS in both units, fresh exterior paint, refurbishment of Unit B, and fresh landscaping that adds curb appeal the moment you arrive. Each unit also enjoys its own private driveway and large yard, giving residents the kind of space and independence that is hard to find in multifamily living.
Picture the everyday convenience: mornings where tenants can hop in the car for an easy commute into Downtown Atlanta, or take advantage of easy MARTA access nearby. On weekends, the possibilities expand in every direction—explore Downtown Decatur's restaurants, shops, and local events, meet friends at one of the 10 nearby parks, cool off at one of the 3 public pools, or swing by the local farmer's market just 2 miles away for fresh produce and community vibes.
With NO HOA and NO RENT RESTRICTIONS, this property offers rare flexibility for investors and owner-occupants alike. Combine that with two tenants already in place and top-rated schools nearby, and you have a property positioned for both lifestyle and long-term value.
You can't beat this location or the opportunity for immediate income in one of Decatur's most convenient areas! **Renters are Family/Friends and Paying Below Market Value.**
Location
State GA
County Dekalb
Area None
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Parking Features Driveway
Fence Back Yard, Privacy
Community Features Near Shopping, Near Schools, Near Public Transport
Utilities Available Cable Available, Electricity Available, Natural Gas Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition
Accessibility Accessible Bedroom
Handicap Access Accessible Bedroom
Total Parking Spaces 2
Private Pool false
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Siding
Construction Status Resale
Schools
Elementary Schools Glennwood
Middle Schools Beacon Hill
High Schools Decatur
Others
Senior Community no
Tax ID 18 007 05 137
NEARBY SCHOOL & BUSINESS
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