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332 Lockwood Terrace

Decatur, GA 30030
  • $750,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 10707304
UPDATED: 34 min ago
$750,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.**

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Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Century 21 Connect Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Century 21 Connect Realty. Data last updated: 2026-04-11T23:10:11.657.
www.century21connectrealty.com/homes/173927524
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332 Lockwood Terrace Decatur, GA 30030

  • Price: $750,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 34 min ago
  • MLS #: 10707304
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1980
Built
Neighborhood:
None
County:
Dekalb
Area:
DECATUR
Elementary School:
Glennwood
Middle School:
Beacon Hill
High School:
Decatur
Property 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.**
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Wood Siding Garage YN No Levels One Lot Size Area 16552.8 Lot Size Source Owner Lot Size Units Square Feet Parking Features Off Street Parking Total 2

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Central Heating YN Yes Laundry Features In Unit Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features Walk To SchoolsNear ShoppingNear Public Transport Es Bus Yn Yes Hs Bus Yn Yes Ms Bus Yn Yes New Construction YN No Property Condition Resale Property Sub Type Multi FamilyDuplex Sewer Public Sewer Structure Type Duplex Tax Annual Amount 3392 Tax Year 2025 Utilities Sewer Connected Water Source Public

GAMLS logo Listing provided courtesy of Duffy Realty: 678-318-3613. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Century 21 Connect Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Century 21 Connect Realty. Data last updated: 2026-04-11T23:10:11.657.
 
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