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About This Home

This 0-bedroom, 0-bathroom residential multi family at 332 Lockwood Terrace in Decatur, GA is listed for $750,000. Built in 1980, on a 0.38 acres lot.

Agent 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.**

Key Features

  • Built in 1980
  • 0.38 acre lot
  • 2 parking spaces

Property Details

1 story
2 spaces
1980

Amenities

A/C

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

332 Lockwood Terrace

Decatur, GA 30030

Property Details

Construction

Wood Siding

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 332 Lockwood Terrace is listed at $750,000. The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.

Key features include: Built in 1980, 0.38 acre lot, 2 parking spaces.

This property is listed by RHONDA DUFFY and can be reached at (678) 892-1186 or contracts@rhondaduffy.com.

RD

RHONDA DUFFY

Agent at Duffy Realty of Atlanta

(678) 892-1186

Listed by Duffy Realty of Atlanta

MLS# 7732562· Source: listhub· Updated 31 days ago

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

332 Lockwood Terrace, Decatur, GA 30030

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