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201 8th Ave SW, Decatur, AL, 35601

2beds
1baths
850sqft
$399,999
$471price/sqft
$2,804/moest. monthly cost
$112,160/yrincome needed

About This Home

Well-maintained quadplex featuring four 2-bedroom, 1-bath units, updated with vinyl plank flooring and modernized kitchens. The property offers ample front and rear parking, a fenced yard, back deck, and additional storage for tenant convenience. Fully occupied as of June 2026, providing immediate rental income. Located in a convenient area of Decatur, one of North Alabama’s growing markets, with easy access to shopping, dining, and major employers. A solid addition to any investment portfolio. No seller financing available.

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

2/10
4/10
Decatur Middle SchoolGrades 6-81.5 mi
5/10
Decatur High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1986

Materials

  • Foundation: Slab
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Dishwasher,Cooktop,Electric Water Heater
  • Laundry features: Washer/Dryer Connection

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Eat-in Kitchen
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 850 sqft

Property

Details

  • Parcel number: 0304192005001.000
  • Special condition: As Is

Parking

  • Parking features: 2 Spaces per Unit

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Strong Wind
Winter Weather
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$439$5,268
Property Taxes $103$1,236
Electricity $240$2,881
Total$2,804$33,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,137/yr
40% on housing$84,120/yr
45% on housing$74,773/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$471This listing

vs Other Active Listings

Avg $/sqft

ZIP 35601$105
Morgan County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 35601$132
Morgan County$138

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-30Listed for sale$399,999
2026-03-31Listing removed$400,000
2025-10-31Price change$400,000
2025-04-16Price change$420,000
2024-07-17Listed for sale$425,000
2022-08-25Sold$400,000
2022-06-27Contingent$375,000
2022-06-21Listed for sale$375,000

For Sale by Agent

AgentSandy Nguyen (Binh)
BrokerageGoal Realty LLC

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