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332 Lockwood Terrace
Decatur GA 30030 US

$745,000

Active Listing ID 10707304
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Lot: 0.38 Acres
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Other

$745,000

Active Listing ID 10707304
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332 Lockwood Terrace || 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.**

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Property Features

  • Facts
  • Lot Size: 0.38 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Central

School Information

  • School
  • Glennwood(Elementary)
  • Beacon Hill(MiddleSchool)
  • Decatur(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 745000
  • unparsedaddress: 332 Lockwood Terrace
  • postalcity: Decatur
  • stateorprovince: GA
  • country: US
  • postalcode: 30030
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.38
  • lotsizeunits: Acres
  • lotsizearea: 0.38
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.781347
  • longitude: -84.281238
  • listagentfullname: Rhonda Duffy
  • listagentemail: contracts@rhondaduffy.com
  • listagentkey: 3yd-GAMLS-DUFFYRHONDA
  • listagentmlsid: DUFFYRHONDA
  • listagentpreferredphone: 6783183613
  • listagentofficephone: 6783183613
  • listofficekey: 3yd-GAMLS-DUFF01
  • listofficemlsid: DUFF01
  • disclaimer: Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GAMLS
  • yearbuilt: 1980
  • listingcontractdate: 2026-03-10
  • listagenturl: http://www.flatfeegroup.com/Georgia/
  • countyorparish: DeKalb
  • parcelnumber: 18 007 05 137
  • elementaryschool: Glennwood
  • highschool: Decatur
  • cooling: Central Air
  • constructionmaterials: Wood Siding
  • heating: Central
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 2
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.281235, 33.781345
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Duffy Realty of Atlanta", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"contracts@rhondaduffy.com", "ListBrokerageCity":"Alpharetta", "ListBrokerageCountry":"US", "ListBrokerageEmail":"therealestatepowerhouse@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Duffy Realty of Atlanta", "ListBrokeragePhone":"(678) 366-7846", "ListBrokeragePostalCode":"30009", "ListBrokerageStateOrProvince":"GA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10 Cumming Street", "ListBrokerageWebsiteUrl":"http://www.flatfeegroup.com/Georgia/", "ListOfficeAddress1":"12295 Big Canoe ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"DUFF01", "ListOfficeCity":"Jasper", "ListOfficeCountry":"US", "ListOfficeEmail":"duffyhelp@gmail.com", "ListOfficePostalCode":"30143", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Decatur, GA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/332-Lockwood-Ter_Decatur_GA_30030_M65088-03156?f=listhub&s=GAMLS&m=10707304&c=rexren", "MLSModificationTimestamp":"2026-04-19 05:07:18", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3392, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/19/2026 5:40:16 AM GMT
Source Updated Date: 4/27/2026 12:41:47 PM GMT

Courtesy of: Rhonda Duffy, Duffy Realty, contracts@rhondaduffy.com

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.