For sale

$750,000

422 Lafayette St NE, Decatur, AL 35601

--beds

--baths

7,654sqft

$4,406/mo

Get pre-qualified

Apartment

Built in ----

-- sqft lot

$-- 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

567 days

165

13

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

Estimated market value

Not available

Estimated sales range

Not available

$1,216/mo

Price history

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

Public tax history

Year	Property taxes	Tax 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

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified