List Price
increased
from $175,999
to $220,000
3
Beds
3
Baths
1,865
Sq Ft
Cash-flowing rental or turnkey home in The Terraces community of Decatur. This spacious 3-bedroom, 2.5-bath property offers 1,865 sq. ft. of living space and combines strong rental performance with major system upgrades and modern renovations. A low-maintenance, HOA-managed townhome with long-term value and strong rental demand. Recent upgrades (20212023) total more than $42,000 in improvements: Dual HVAC systems (upstairs and downstairs) $12,000 New architectural shingle roof $7,000 20 new vinyl windows $7,000 New water heater and plumbing labor $1,300 Kitchen remodel with Shaker cabinets, stainless steel appliances, tile backsplash, and laminate countertops $8,000 Interior paint, updated bathrooms, tile flooring, and LED lighting $6,000 Features include grand vaulted ceilings in the living room, a cozy fireplace, 24x24 porcelain tile flooring, and fresh neutral paint. The homes open layout, private balcony, and energy-efficient electric systems make it an ideal property for investors, short-term operators, or homeowners seeking modern comfort and stability. Tenant status: Tenant in place with a flexible move-out window (estimated 60 days). Rent: Current $1,500/month; Market rent potential $1,800$2,000/month. Condition: Above average with newer systems and finishes. Cap Rate: Approximately 8.9% at market rent. ARV: Estimated $240,000$260,000+. Comparable sales in the same community range from $195,000 to $315,000, including a recent comp at 2563 Terrace Trail that sold for $255,000 ($146/sf) in December 2024. Located near I-285 and I-20, just 10 miles from Downtown Atlanta and 12 miles from Hartsfield-Jackson Airport. Convenient to local shopping, dining, and schools. This property offers the perfect balance of stability and scalability in one of Decaturs most promising rental corridors. Showings by appointment only. Please do not disturb occupants. Tenant will be on a Month to Month
Listing By: SUSAN AYERS - Clickit Realty 
- MLS# 7578985
- Date Listed05/13/2025
- Bedrooms 3
- Bathrooms 2 Full baths, 1 Half baths
- Lot Size 0.1 acres (4,356 sq. ft)
- Sewer Public Sewer
- Subdivision Terraces
- Property Type Condominium
- County Dekalb
- Year Built 1973
- Water Public
- Square Feet 1,865 sq. ft
- Price Per Sq. Ft $117.96
Interior Features
- Appliances Dishwasher, Electric Range, Microwave, Refrigerator
- Flooring Ceramic Tile
- Cooling Central Air
- Heating Electric
Exterior / Lot Features
- Exterior Balcony, None
- Roof Composition
- Lot Size Acres 0.10
- Lot Size SQFT 4,356.00
- Lot Features Front Yard
Financial Considerations
- HOA Fee $120 Monthly
- Tax Amount $2,744
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
Population & Environment
Source: Sperling's Best Places
39/100
Car-Dependent
Walk Score ®
17/100
Bikable
Bike Score ®
Overview
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 5/100, Bike Score: 20/100.
Property Change History
Price Per Square Foot
increased
from $94.37
to $117.96
Property description updated with
new details
View Changes
Previous Description:
Turnkey, Cash-Flowing Rental in Prime Decatur Location 2565 Terrace Trail, Decatur, GA 30035 3 Beds | 3 Baths | 1,865 SqFt Perfect for all buyers, soild for long-term and short term, passive or active just know it is a REAL DEAL AND BUY!! low-maintenance property with immediate income potential. Tucked in a well-kept, HOA-managed community, this beautifully renovated townhome is a rare blend of space, style, and stability. Recent Upgrades & System Improvements (2021–2022): New Roof (2021): Full replacement for long-term durability Energy-Efficient Goodman HVAC System (2022): Reliable all-electric system for year-round comfort New Water Heater (2022): Improved efficiency and peace of mind Vinyl Windows (2022): Double-pane for noise reduction and better insulation huge savings on big ticket items, and add value on major systems of property. LED Lighting Throughout: Cost-effective and modern lighting Fresh Interior Paint: Bright, neutral tones throughout the home tenancy, and a layout that feels more like a single-family home, this is a true gem in one of Decatur’s growing rental corridors. Highlights: Grand Vaulted Ceilings: Soaring ceilings in the living room create a sense of openness and sophistication, enhanced by abundant natural light. Designer 24x24 Porcelain Tile Flooring: Elegant, durable, and easy to maintain—ideal for busy residents or long-term tenants. Cozy Fireplace Feature: A welcoming focal point for relaxation and entertaining. Stylishly Renovated Kitchen: Outfitted with sleek shaker-style cabinets, laminate countertops, and a full suite of stainless steel appliances—ready for cooking or hosting. Fresh Interior Paint: Crisp, clean aesthetic throughout—move-in ready for homeowners or turn-key for investors. Private Balcony Retreat: Step out and enjoy peaceful views of mature trees and green space—perfect for morning coffee or evening wind-downs. Energy-Efficient Electric HVAC System: Keeps utility costs in check while maintaining year-round comfort. LED Lighting Throughout: Bright, efficient, and modern. Designated Parking: Convenience and security for residents and guests. Pet-Friendly Community: Includes onsite green space (buyer to verify) and a quiet, walkable neighborhood feel. Rental Income Highlights: Tenant in place through November 2025 Current market rent comps: $2,000+/month Reliable, hands-free cash flow from day one Location Benefits: Just minutes from I-285 and I-20—easy access to Atlanta and surrounding areas 10 miles from down town 12 miles from Airport Close to major retail, restaurants, and local schools Positioned in a high-demand rental area with strong long-term appreciation potential This home offers the perfect balance of style, stability, and scalability—whether you're expanding your portfolio, house-hacking your first home, or planting roots in a rising neighborhood. Showings by appointment only. Please do not disturb occupants.
Updated Description:
Cash-flowing rental or turnkey home in The Terraces community of Decatur. This spacious 3-bedroom, 2.5-bath property offers 1,865 sq. ft. of living space and combines strong rental performance with major system upgrades and modern renovations. A low-maintenance, HOA-managed townhome with long-term value and strong rental demand. Recent upgrades (2021–2023) total more than $42,000 in improvements: Dual HVAC systems (upstairs and downstairs) – $12,000 New architectural shingle roof – $7,000 20 new vinyl windows – $7,000 New water heater and plumbing labor – $1,300 Kitchen remodel with Shaker cabinets, stainless steel appliances, tile backsplash, and laminate countertops – $8,000 Interior paint, updated bathrooms, tile flooring, and LED lighting – $6,000 Features include grand vaulted ceilings in the living room, a cozy fireplace, 24x24 porcelain tile flooring, and fresh neutral paint. The home’s open layout, private balcony, and energy-efficient electric systems make it an ideal property for investors, short-term operators, or homeowners seeking modern comfort and stability. Tenant status: Tenant in place with a flexible move-out window (estimated 60 days). Rent: Current $1,500/month; Market rent potential $1,800–$2,000/month. Condition: Above average with newer systems and finishes. Cap Rate: Approximately 8.9% at market rent. ARV: Estimated $240,000–$260,000+. Comparable sales in the same community range from $195,000 to $315,000, including a recent comp at 2563 Terrace Trail that sold for $255,000 ($146/sf) in December 2024. Located near I-285 and I-20, just 10 miles from Downtown Atlanta and 12 miles from Hartsfield-Jackson Airport. Convenient to local shopping, dining, and schools. This property offers the perfect balance of stability and scalability in one of Decatur’s most promising rental corridors. Showings by appointment only. Please do not disturb occupants. Tenant will be on a Month to Month
Property description updated with
new details
View Changes
Previous Description:
Turnkey, Cash-Flowing Rental in Prime Decatur Location 2565 Terrace Trail, Decatur, GA 30035 3 Beds | 3 Baths | 1,865 SqFt Perfect for all buyers, soild for long-term and short term, passive or active just know it is a REAL DEAL AND BUY!! low-maintenance property with immediate income potential. Tucked in a well-kept, HOA-managed community, this beautifully renovated townhome is a rare blend of space, style, and stability. With modern upgrades, established tenancy, and a layout that feels more like a single-family home, this is a true gem in one of Decatur’s growing rental corridors. Highlights: Grand Vaulted Ceilings: Soaring ceilings in the living room create a sense of openness and sophistication, enhanced by abundant natural light. Designer 24x24 Porcelain Tile Flooring: Elegant, durable, and easy to maintain—ideal for busy residents or long-term tenants. Cozy Fireplace Feature: A welcoming focal point for relaxation and entertaining. Stylishly Renovated Kitchen: Outfitted with sleek shaker-style cabinets, laminate countertops, and a full suite of stainless steel appliances—ready for cooking or hosting. Fresh Interior Paint: Crisp, clean aesthetic throughout—move-in ready for homeowners or turn-key for investors. Private Balcony Retreat: Step out and enjoy peaceful views of mature trees and green space—perfect for morning coffee or evening wind-downs. Energy-Efficient Electric HVAC System: Keeps utility costs in check while maintaining year-round comfort. LED Lighting Throughout: Bright, efficient, and modern. Designated Parking: Convenience and security for residents and guests. Pet-Friendly Community: Includes onsite green space (buyer to verify) and a quiet, walkable neighborhood feel. Rental Income Highlights: Tenant in place through November 2025. Reliable, hands-free cash flow from day one Location Benefits: Just minutes from I-285 and I-20—easy access to Atlanta and surrounding areas 10 miles from down town 12 miles from Airport Close to major retail, restaurants, and local schools Positioned in a high-demand rental area with strong long-term appreciation potential This home offers the perfect balance of style, stability, and scalability—whether you're expanding your portfolio, house-hacking your first home, or planting roots in a rising neighborhood. Showings by appointment only. Please do not disturb occupants.
Updated Description:
Turnkey, Cash-Flowing Rental in Prime Decatur Location 2565 Terrace Trail, Decatur, GA 30035 3 Beds | 3 Baths | 1,865 SqFt Perfect for all buyers, soild for long-term and short term, passive or active just know it is a REAL DEAL AND BUY!! low-maintenance property with immediate income potential. Tucked in a well-kept, HOA-managed community, this beautifully renovated townhome is a rare blend of space, style, and stability. Recent Upgrades & System Improvements (2021–2022): New Roof (2021): Full replacement for long-term durability Energy-Efficient Goodman HVAC System (2022): Reliable all-electric system for year-round comfort New Water Heater (2022): Improved efficiency and peace of mind Vinyl Windows (2022): Double-pane for noise reduction and better insulation huge savings on big ticket items, and add value on major systems of property. LED Lighting Throughout: Cost-effective and modern lighting Fresh Interior Paint: Bright, neutral tones throughout the home tenancy, and a layout that feels more like a single-family home, this is a true gem in one of Decatur’s growing rental corridors. Highlights: Grand Vaulted Ceilings: Soaring ceilings in the living room create a sense of openness and sophistication, enhanced by abundant natural light. Designer 24x24 Porcelain Tile Flooring: Elegant, durable, and easy to maintain—ideal for busy residents or long-term tenants. Cozy Fireplace Feature: A welcoming focal point for relaxation and entertaining. Stylishly Renovated Kitchen: Outfitted with sleek shaker-style cabinets, laminate countertops, and a full suite of stainless steel appliances—ready for cooking or hosting. Fresh Interior Paint: Crisp, clean aesthetic throughout—move-in ready for homeowners or turn-key for investors. Private Balcony Retreat: Step out and enjoy peaceful views of mature trees and green space—perfect for morning coffee or evening wind-downs. Energy-Efficient Electric HVAC System: Keeps utility costs in check while maintaining year-round comfort. LED Lighting Throughout: Bright, efficient, and modern. Designated Parking: Convenience and security for residents and guests. Pet-Friendly Community: Includes onsite green space (buyer to verify) and a quiet, walkable neighborhood feel. Rental Income Highlights: Tenant in place through November 2025 Current market rent comps: $2,000+/month Reliable, hands-free cash flow from day one Location Benefits: Just minutes from I-285 and I-20—easy access to Atlanta and surrounding areas 10 miles from down town 12 miles from Airport Close to major retail, restaurants, and local schools Positioned in a high-demand rental area with strong long-term appreciation potential This home offers the perfect balance of style, stability, and scalability—whether you're expanding your portfolio, house-hacking your first home, or planting roots in a rising neighborhood. Showings by appointment only. Please do not disturb occupants.
List Price
decreased
from $176,000
to $175,999
List Price
decreased
from $177,600
to $176,000
List Price
decreased
from $177,700
to $177,600
List Price
decreased
from $189,000
to $177,700
List Price
decreased
from $192,000
to $189,000
List Price
decreased
from $194,000
to $192,000
List Price
decreased
from $194,500
to $194,000
Agent added 1 new
photo to the listing
18 →
19 photos
Property description updated with
new details
View Changes
Previous Description:
Cash-Flowing Decatur Rental | Turnkey & Priced to Move Perfect for Investors, First-Time Buyers, or Long-Term Owners
2565 Terrace Trl, Decatur, GA 30035 Property Overview: 3 Beds | 3 Baths | 1,865 SqFt Located in an HOA-maintained community, this beautifully renovated home offers modern upgrades, stable rental income, and long-term equity growth. Whether you’re investing or purchasing your first property, this opportunity is ready to perform.
Key Features: Vaulted Ceilings – Open, airy living space with natural light
Fireplace – Cozy detail in living areas
24x24 Porcelain Tile Flooring – Stylish and low-maintenance
Updated Kitchen – Shaker cabinets, Laminate counter-tops, and stainless steel appliances
Fresh Interior Paint – Move-in ready look and feel
Private Balcony – Overlooks mature trees and green space
Energy-Efficient Electric HVAC System
LED Lighting throughout
Designated Parking
Pet-Friendly Community with Onsite Green Space (buyer to verify)
Rental Income Highlights: Tenant in Place Through Nov 2025
Updated Description:
Turnkey, Cash-Flowing Rental in Prime Decatur Location 2565 Terrace Trail, Decatur, GA 30035 3 Beds | 3 Baths | 1,865 SqFt Perfect for all buyers, soild for long-term and short term, passive or active just know it is a REAL DEAL AND BUY!! low-maintenance property with immediate income potential. Tucked in a well-kept, HOA-managed community, this beautifully renovated townhome is a rare blend of space, style, and stability. With modern upgrades, established tenancy, and a layout that feels more like a single-family home, this is a true gem in one of Decatur’s growing rental corridors. Highlights: Grand Vaulted Ceilings: Soaring ceilings in the living room create a sense of openness and sophistication, enhanced by abundant natural light. Designer 24x24 Porcelain Tile Flooring: Elegant, durable, and easy to maintain—ideal for busy residents or long-term tenants. Cozy Fireplace Feature: A welcoming focal point for relaxation and entertaining. Stylishly Renovated Kitchen: Outfitted with sleek shaker-style cabinets, laminate countertops, and a full suite of stainless steel appliances—ready for cooking or hosting. Fresh Interior Paint: Crisp, clean aesthetic throughout—move-in ready for homeowners or turn-key for investors. Private Balcony Retreat: Step out and enjoy peaceful views of mature trees and green space—perfect for morning coffee or evening wind-downs. Energy-Efficient Electric HVAC System: Keeps utility costs in check while maintaining year-round comfort. LED Lighting Throughout: Bright, efficient, and modern. Designated Parking: Convenience and security for residents and guests. Pet-Friendly Community: Includes onsite green space (buyer to verify) and a quiet, walkable neighborhood feel. Rental Income Highlights: Tenant in place through November 2025. Reliable, hands-free cash flow from day one Location Benefits: Just minutes from I-285 and I-20—easy access to Atlanta and surrounding areas 10 miles from down town 12 miles from Airport Close to major retail, restaurants, and local schools Positioned in a high-demand rental area with strong long-term appreciation potential This home offers the perfect balance of style, stability, and scalability—whether you're expanding your portfolio, house-hacking your first home, or planting roots in a rising neighborhood. Showings by appointment only. Please do not disturb occupants.
Agent added 1 new
photo to the listing
17 →
18 photos
List Price
decreased
from $195,000
to $194,500
List Price
decreased
from $210,000
to $195,000
Price Per Square Foot
decreased
from $112.60
to $104.56
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Frequently Asked Questions for 2565 Terrace Trail
Source: Realty.com
2565 Terrace Trail, Decatur, GA 30035 is a 1,865 sq. ft. condo listed for sale with 3 bedrooms and 3 bathrooms. Realty.com has 19 photos of this condominium, listed at $220,000. View sales and tax history of condos, use our mortgage calculator and more on Realty.com
Realty.com has 19 photos of 2565 Terrace Trail.
Our records indicate that 2565 Terrace Trail was built in 1973.
The full address for this home is 2565 Terrace Trail, Decatur, GA 30035.
2565 Terrace Trail has been listed on Realty.com since Tue May 13, 2025
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 5/100, Bike Score: 20/100.
There are 3 schools assigned to this home. Check out the schools near 2565 Terrace Trail. Fairington Elementary School (Grades: PK - 5), Miller Grove Middle School (Grades: 6 - 8), Miller Grove High School (Grades: 9 - 12)
Listing provided courtesy of:
Clickit Realty
(tel: 678-344-1600)
Listing agent:
Susan Ayers
(tel: 678-344-1600)
(#AYERSS)
This content last refreshed on 2026-02-02 17:56:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 2565 Terrace Trail, Decatur, GA 30035 : MLS# 7578985
