332 Lockwood Terrace, Decatur, GA 30030
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
332 Lockwood Terrace,Decatur, GA 30030
$725,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: rhonda duffy
Office: duffy realty of atlanta
MLS#:7732562
Source:FIRSTMLS
Price summary
- Price:$725,000
About this home
|| 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.**...
Contact an agent
Home facts
- Year built:1980
- Listing ID #:7732562
- Updated:June 27, 2026 at 04:36 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1980
- Lot area:0.38 Acres
- Construction Materials:Wood Siding
- Levels:1 Story
Schools
- High school:Decatur
- Middle school:Beacon Hill
- Elementary school:Glennwood
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$725,000
- Tax amount:$3,392 (2025)
Parking
- Total parking spaces:2
- Parking description:Driveway
New listings near 332 Lockwood Terrace
- New
$335,000Active4 beds 3 baths1,314 sq. ft.1661 San Gabriel Avenue, Decatur, GA 30032
MLS# 7793472Listed by: GOLLEY REALTY GROUP - New
$260,000Active3 beds 3 baths1,976 sq. ft.3154 Kings Glen Drive, Decatur, GA 30034
MLS# 7795796Listed by: MARK SPAIN REAL ESTATE - New
$220,000Active1 beds 1 baths1800 Clairmont Lake, Decatur, GA 30033
MLS# 10794583Listed by: Keller Williams Realty North Atlanta - Coming Soon
$369,900Coming Soon3 beds 2 baths924 Valley Brook Road, Decatur, GA 30033
MLS# 7795514Listed by: TREND ATLANTA REALTY, INC. - New
$619,500Active3 beds 2 baths2,114 sq. ft.955 Vistavia Circle, Decatur, GA 30033
MLS# 7795722Listed by: EXP REALTY, LLC. - New
$300,000Active3 beds 2 baths1,100 sq. ft.3449 Glen Road, Decatur, GA 30032
MLS# 10794517Listed by: eXp Realty - Coming Soon
$1,150,000Coming Soon4 beds 4 baths3009 Orion Drive, Decatur, GA 30033
MLS# 7794911Listed by: COLDWELL BANKER REALTY - New
$245,000Active2 beds 1 baths1,045 sq. ft.612 Tuxworth Circle, Decatur, GA 30033
MLS# 7795688Listed by: KELLER WILLIAMS REALTY PEACHTREE RD. - New
$125,000Active1 beds 1 baths723 sq. ft.1501 Clairmont Road #1114, Decatur, GA 30033
MLS# 7793209Listed by: KELLER WILLIAMS REALTY PEACHTREE RD. - New
$175,000Active3 beds 3 baths1,364 sq. ft.3722 Soapstone Road, Decatur, GA 30034
MLS# 7794388Listed by: ATLANTA COMMUNITIES