Active6
Median $/door$218,423
Ask range$335,000–$3,950,000
Estimated cap4.0%n=5
Median DOM30

3 duplex · 1 triplex · 1 fourplex · 1 apartmentsGeorgia market report →

ACS 2023 · HUD FY2027 · 3 ZCTAs with ACS

Decatur housing stock & renter economics

Decatur apartment-building and small-multifamily investors concentrate in ZIPs where HUD Fair Market Rents sit above or beside ACS median gross rent. The table below is ZCTA housing stock and voucher benchmarks for commercial residential income underwriting, linked to each ZIP housing profile. Live FMLS set on this page: 6 buildings.

3 ZCTAs · 3 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population
106,054
Households
41,393
Housing units
50,512
2-unit stock
542
3–4 unit stock
2,300
2–4 unit stock
2,842
5–49 unit stock
9,209
50+ unit stock
6,065
Median renter share
37.2%
ACS median rent
$1,683
Contract rent
$1,529
1BR SAFMR
$1,770
2BR SAFMR
$1,930
3BR SAFMR
$2,300
SAFMR / ACS rent
1.10×
Vacancy (ACS)
14.1%
Pop Δ 2018–2023
-4.4%
Median HH income
$107,647
Rent burden ≥30%
52.7%
Rent burden ≥50%
27.1%
LIHTC projects / units
27 / 2,756
HUD assisted MF
14 / 964
Alloc. 5+ permits
1,530

Decatur: median renter share 37.2%; ACS median gross rent $1,683; FY2027 2BR SAFMR $1,930; 2BR SAFMR is 1.10× ACS median gross rent; 542 units in 2-unit structures, 2,300 in 3–4-unit structures, and 9,209 in 5–49-unit structures; population down -4.4% between ACS 2018 and 2023; 27 LIHTC projects (2,756 units); 1,530 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.

ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.

6 Multifamily Investment Properties for Sale in Decatur

As of today, 6 active small multifamily listings in Decatur · median $218,423/door · median estimated cap 4.0% (n=5). Decatur continues to draw investors who want intown convenience with a more walkable, established feel than core Atlanta. Inventory is typically lighter than Atlanta proper and leans toward smaller multifamily (duplex–quad). Rents and buyer competition tend to run higher than many surrounding markets.

Strong long-term occupancy and limited new supply keep Decatur competitive. Most properties here are residential-financed 2–4 unit properties.

Current Market Snapshot

Active Listings6
Avg List Price$1,179,833
Avg $/Unit$225,641
Avg Cap Rate (est.)3.9%
Price Range$335,000 – $3,950,000
Avg Units5.7

HUD Fair Market Rent · DeKalb County(FY2026)

Studio$1,585
1 BR$1,660
2 BR$1,820
3 BR$2,182
4 BR$2,605

Showing 6 of 6 multifamily investment properties for sale

Multifamily for sale: 1860 S Columbia Place, Decatur
21 Units
Incomplete
$3,950,000

1860 S Columbia Place

Decatur, GA

Units21
$/Unit$188,095
DOM24
Listing MLSID: 7836741 · Listing courtesy of Keller Williams Realty Metro Atlanta · 404-564-5560

Frequently Asked Questions — Decatur Multifamily

Are there multifamily for sale in Decatur?

This page is the live FMLS Residential Income set for multifamily in Decatur. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia multifamily collection or the county page for a larger sample.

How does Decatur compare to Georgia overall for multifamily?

Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia multifamily set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.

Do multifamily in Decatur still qualify for residential financing?

Most 2–4 unit multifamily can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.

Why is the estimated cap rate missing on some Decatur listings?

Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.

Looking for multifamily investments in Decatur?

Direct access to on-market and pre-market opportunities with principal-level advisory.

Schedule a Consultation