732 S Candler Street, Decatur

Rare investment opportunity in the heart of Decatur with immediate income in place. 732/734 S Candler Street is a well-maintained duplex located in one of the city's most desirable and walkable neighborhoods, offering strong rental appeal, flexible use options, and a compelling combination of current cash flow and long-term value potential. The property is rent-ready, with one unit currently leased at $1,875 per month and the second unit actively marketed at $2,200 per month, presenting clear upside potential. Recent improvements include a new roof approximately one year old, and washer/dryer sets are provided, supporting ease of ownership and tenant retention. Unit 732 features a freshly painted, move-in-ready layout with durable luxury vinyl flooring in the main living areas, bright living spaces, a dedicated dining area, and an efficient kitchen with white cabinetry, granite countertops, and ample storage. Main-level half baths add everyday convenience, while the upper level offers two bedrooms and a full bathroom - an attractive and functional configuration for long-term tenants. Outdoor amenities further enhance rental appeal, including private rear patios for each unit and a large, fully fenced backyard serving Unit 732 - an increasingly rare feature for intown multifamily properties. Both units benefit from off-street parking, with two dedicated spaces per unit. The location is a key driver of consistent demand. Tenants enjoy walkable access to Oakhurst Village, Downtown Decatur, MARTA, and Dearborn Park just down the road, along with nearby restaurants, coffee shops, boutiques, parks, and year-round festivals. Easy access to transit and intown amenities supports strong occupancy and long-term rentability. Ideal for investors seeking a buy-and-hold asset, a live-in-one/rent-the-other strategy, or future appreciation in a proven, supply-constrained intown submarket. One unit is currently tenant-occupied, providing stabilized rental income, while the second unit offers immediate leasing or owner-occupancy flexibility. Opportunities like this are increasingly limited in Decatur's core neighborhoods.