$725,000
 $3,892 est/mo Sourced by Back At You

332 Lockwood Terrace,Decatur, GA 30030

Decatur, GA 30030

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Description

|| TENANT-OCCUPIED DUPLEX = INSTANT INCOME || NO HOA & NO RENT RESTRICTIONS || NEW WATER HEATERS IN BOTH UNITS || || TOP RATED SCHOOLS || SEPARATE DRIVEWAYS & LARGE YARDS || FRESH EXTERIOR PAINT & LANDSCAPING || MINUTES TO DOWNTOWN ATLANTA || 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.**

Details

MLS #10707304
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1980
Days On Site168
Listing Provided ByDuffy Realty | Rhonda Duffy

Features

Story(s)1
Units2
Acreage0.38

Interior

CoolingCentral Air
Cooling Yes / NoYes
HeatingCentral
Heating Yes / NoYes
Fireplace Yes / NoNo
Fireplaces Total0
Laundry FeaturesIn Unit

Exterior

Construction MaterialsWood Siding

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesOff Street

Utilities

UtilitiesSewer Connected
SewerPublic Sewer

Taxes

Tax Annual Amount3392
Tax Year2025

Location

Community FeaturesWalk To Schools, Near Shopping, Near Public Transport

Area Information

StateGA
CountyDeKalb
CityDecatur
Zip Code30030
AreaDeKalb
School DistrictDecatur
Elementary SchoolGlennwood
High SchoolDecatur
Listing VS Median (in 30030)
Price:
$725,000
low | high
Med:
$597,000
67.655172413793% of Average
On site:
168
low | high
Med:
105
100% of Average
Sourced by Back At You

Market Activity 30030

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Learn More About This Property

StateGA
CountyDeKalb
CityDecatur
Zip Code30030
AreaDeKalb
School DistrictDecatur
Elementary SchoolGlennwood
High SchoolDecatur
Listing VS Median (in 30030)
Price:
$725,000
low | high
Med:
$597,000
67.655172413793% of Average
On site:
168
low | high
Med:
105
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $543K - $906K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
332 Lockwood Terrace Property Photo 1
$725,000
332 Lockwood Terrace
Decatur, GA 30030
6 Wilburn Court Property Photo 1
$645,000
6 Wilburn Court
Decatur, GA 30030
Listing Updated: July 10, 2026 at 12:23:58 PM PDT