Skip main navigation
For sale
  • $750,000

    422 Lafayette St NE, Decatur, AL 35601

    --beds
    --baths
    7,654sqft
    : 
    Apartment
    Built in ----
    -- sqft lot
    $514,200 Zestimate®
    $98/sqft
    $-- HOA

    What's special

    Brick with shingle roofHeating and coolingCorner lot
    • 8-unit apartment complex in downtown Decatur. • 5- 2 bedroom 1 bath units • 3-1-bedroom 1 bath units • One building is 3,878+/- SQ FT and one is 3,776 +/- SQ FT fully brick with shingle roof • Corner lot at the intersection of Lafayette ST and Well ST • Electricity recently updated each unit has a new breaker box • All units have heating and cooling • 10 on-site parking spaces with extra on-street parking available
    476 days
    |
    148
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Odom 256-214-2196,

    MarMac Real Estate,

    Morgan Jones 256-522-8465,

    MarMac Real Estate

    Source: ValleyMLS,MLS#: 21878333MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Features
      • Has basement: No
      Interior area
      • Total structure area: 7,654
      • Total interior livable area: 7,654 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: On Street, Driveway-Concrete, Parking Lot, Shared Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      Details
      • Parcel number: 03 04 17 3 007 009.000
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: Apartment
      • Property subtype: Apartment
      Condition
      • New construction: No

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Old Decatur
      Location
      • Region: Decatur

      Financial & listing details

      • Price per square foot: $98/sqft
      • Tax assessed value: $475,600
      • Annual tax amount: $4,309
      • Date on market: 1/8/2025
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        $514,200

        $319,000 - $771,000

        $956/mo

        Price history

        DateEventPrice
        1/8/2026Price change$750,000-6.1%$98/sqft
        Source: ValleyMLS #21878333 Report a problem
        1/8/2025Listed for sale$799,000+22.9%$104/sqft
        Source: ValleyMLS #21878333 Report a problem
        10/1/2021Sold$650,000+73.3%$85/sqft
        Source: Public Record Report a problem
        7/7/2017Sold$375,000$49/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,309 $95,120
        2024$4,309 +13.1%$95,120 +13%
        2023$3,812 $84,140
        2022$3,812 +16.6%$84,140 +16.6%
        2021$3,269 -3.4%$72,160 -3.4%
        2020$3,384 $74,700
        2019$3,384 $74,700 +261.9%
        2015$3,384 +272.4%$20,640 +2.9%
        2014$909 $20,060 -1.5%
        2013$909 -1.5%$20,360
        2012$922 $20,360
        2010$922 $20,360

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,809/mo
        Principal & interest
        $3596
        Property taxes
        $213
        More affordability tools

          Climate risks

          Neighborhood: 35601

          Getting around

          73 / 100
          Very Walkable
          70 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Banks-Caddell
          • Middle: Decatur
          • High: Decatur

          Source: ValleyMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          A local agent can set up tours, give advice and negotiate with sellers.

          A local lender can help you make sure your offer is ready when you are.

          Browse local experts

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel