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$900,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • Updated 22 hours ago
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Investor opportunity in the heart of Decatur! This historic tri-plex offers three units with long term tenants already in place, providing immediate income potential for a turnkey investment. Future value can be had if a new owner develops some of the remaining lot into another residential unit. The property features two units in the main home plus a third unit above the detached two-car garage. A new roof and new upstairs heat pump add value and peace of mind, while original wood paneling and built-in bookshelves preserve the home's historic character. Situated on a double, corner lot with two driveways, a large backyard, three established garden plots, and a screened porch off the downstairs unit. Shared basement storage includes laundry and workshop space, with direct basement access for all units. Excellent location just two blocks from Glenwood Elementary, moments from the Avondale Estates Marta, downtown Decatur and approximately 1.3 miles from Agnes Scott College. A rare opportunity to own a multi-unit property in a highly convenient Decatur location

Full Property Details for 718 E Ponce de Leon Ave

General

  • Price: $900,000
  • Taxes: $15,752 (2025)
  • Status: Active
  • Type: Triplex
  • Source: FMLS_Atlanta
  • MLS ID: 7847231
  • Updated: 10/3/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Hardwood, Other

Additional Information

  • Amenities: Near Public Transport, Near Schools, Sidewalks, Other
  • Security/Safety: Carbon Monoxide Detector(s)

Parking

  • Total Spaces: 4
  • Parking Features: Garage, Varies by Unit

Location

  • County: Dekalb
  • Subdivision: n/a
  • Driving Directions: FROM I-285 N - Take exit 41 toward Avondale Estates - Use the right lane to turn left onto GA-10 W - Turn right onto GA-10 W/Mountain Dr - Turn right onto US-278 W - Continue straight onto N Avondale Rd - Continue onto E College Ave - Turn right onto Sams Crossing - Turn left onto E Ponce de Leon Ave - Destination will be on the right

School Information

  • Elementary School: Glennwood
  • Middle School: Beacon Hill
  • High School: Decatur

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating Type: Heat Pump, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

  • Detached/Attached: Detached
  • Exterior Const.: Brick, Vinyl Siding
  • Roof: Shingle
  • Windows: None
  • Stories/Levels: Two
  • Year Built: 1932
  • Property Condition: Resale

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.31
  • Lot Size Source: Public Records
  • Lot Dimensions: 186 x 70
  • Lot Features: Corner Lot, Level, Private
  • Fencing (Description): None

Financial Considerations

  • Tax Amount: $15,752
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 15 247 05 021
  • Block: B
  • Lot Number: 27

Listed by Redfin Corporation

FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Oct 3 2026 10:40PM

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Listing agent

— 718 E Ponce de Leon Ave —

  • Redfin Corporation

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 718 E Ponce de Leon Ave

School District:Decatur City School District
NameGradesDistance
New Glennwood Elementary
440 East Ponce de Leon Avenue, Decatur, GA 30030
K-20.3 mi
Talley Street Elementary School
2617 Talley Street, Decatur, GA 30030
3-50.5 mi
Beacon Hill Middle School
220 West College Avenue, Decatur, GA 30030
6-81.1 mi
Decatur High School
310 North McDonough Street, Decatur, GA 30030
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 718 E Ponce de Leon Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/02/2026
Listed
$900,000
-27.42%
MLS
10/02/2024
Sold
$1,240,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 718 E Ponce de Leon Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,860
69329%
$416,280
51%
2024
$7
—
$276,400
—
2023
$7
—
$276,400
-4%
2022
$7
-12%
$286,600
28%
2021
$8
-96%
$224,080
—
2020
$187
-98%
$224,080
-3%
2019
$8,514
-6%
$231,920
19%
2017
$9,050
71%
$194,800
-5%
2016
$5,281
27%
$204,000
—
2014
$4,143
8%
$204,000
41%
2013
$3,827
—
$144,480
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Redfin Corporation

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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Oct 3 2026 10:40PM

718 E Ponce De Leon Avenue, Decatur, GA 30030 (MLS# 7847231) is a Triplex property with 0 bedrooms and 0 full bathrooms. 718 E Ponce De Leon Avenue is currently listed for $900,000 and was received on October 02, 2026. Want to learn more about 718 E Ponce De Leon Avenue? Do you have questions about finding other Triplex real estate for sale in Decatur? You can browse all Decatur real estate or contact a Coldwell Banker agent to request more information.

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