Active$265,000
3 bd3 ba1,534 SFSingle-family home
2984 Rapids Drive
Decatur, GA 30034 · Cascade Manor · 78 days listed
FMLS #7818531 · Listing Provided By Mark Spain Real Estate · 770-886-9000
Active144 days listed
2019 Marco Drive, Decatur, GA 30032
- 2bd
- 1ba
- 1,020SF
- 0.28ac lot
FMLS #7784650 · Listing Provided By Keller Knapp · 404-323-3779 · Listing agent Rick Saddler
About this home
Quiet East Lake Terrace home 1/2 mile from the East Lake Golf Course. Updated 2br/1ba super clean with granite counters and original hardwood floors. Convenient to I-20, Marta and Downtown Decatur. Nice deck overlooking fenced and shaded back yard, with storage shed.
How this list price compares in Decatur
- List price is 11% below the Decatur median list price of $299,000 (934 homes).
- Compared with 677 single-family homes in Decatur: 14% below the median of $309,900.
- List price per square foot is 38% above the Decatur median of $188/SF.
- All 934 homes for sale in Decatur, GA.
- 3,375 homes for sale in DeKalb County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 2
- Full baths
- 1
- Living area
- 1,020 SF
- Lot size
- 0.28 acres
- Year built
- 1950
- Levels
- One
- Main-level bedrooms
- 2
- Parking
- Driveway
- Basement
- Crawl Space
- Style
- Traditional
- Construction
- Brick 4 Sides, Brick
- Roof
- Composition
- Flooring
- Hardwood
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Dryer, Dishwasher, Electric Range, Refrigerator, Washer
- Lot
- Back Yard, Level
- HOA
- No
- Annual tax
- $5,643 (2025)
- County
- DeKalb
Assigned schools
- HighMcNair
- MiddleMcNair - Dekalb
- ElementaryRonald E McNair
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $265,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,333/mo
- Principal and interest
- $1,638
- Property tax
- $470
- Home insurance
- $125
- Mortgage insurance
- $99
- HOA dues
- $0
- Loan amount
- $238,500
- Cash down
- $26,500
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by Keller Knapp, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Decatur?
See the similar homes section on this page, or browse all homes for sale in Decatur, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment complexes for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- church for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in DecaturApartment buildings for sale in Decatur, GA.
- Georgia warehouse buildings for saleWarehouse and distribution buildings for sale.
Investor research and tools
- Georgia multifamily cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- how to calculate NOI on an apartment buildingHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR explained for multifamilyDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- cash-on-cash return explainedCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- capitalization rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- cash-on-cash return calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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