|| 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 propertys 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 directionexplore Downtown Decaturs 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 farmers 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 cant beat this location or the opportunity for immediate income in one of Decaturs most convenient areas!
- MLS# 7732562
- Date Listed03/10/2026
- Days on Realty 1 Day
- Bedrooms -
- Bathrooms
- Lot Size 0.38 acres (16,553 sq. ft)
- Sewer Public Sewer
- Subdivision None
- Property Type Duplex
- County Dekalb
- Year Built 1980
- Water Public
Interior Features
- Cooling Central Air
- Heating Central
Exterior / Lot Features
- Roof Composition
- Lot Size Acres 0.38
- Lot Size SQFT 16,552.80
- Lot Features Other
Directions
Ga-10 E/John Lewis Freedom Pkwy NE, right on Ponce De Leon Ave NE, continue straight to Scott Blvd, right on N Decatur Rd, right on Church St, left on Sycamore Dr, left on Fairview St, right on Lockwood Terrace
Financial Considerations
- Tax Amount $3,392
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Public • PK - 5 • Serves this home
2.1 mi
Distance
Public • 6 - 8 • Serves this home
1.93 mi
Distance
Public • 9 - 12 • Serves this home
1.93 mi
Distance
Public • PK - 5 • Serves this home
2.1 mi
Distance
Public • PK - 5
2.57 mi
Distance
Public • PK - 5
2.74 mi
Distance
Laurel Ridge Elementary School
Public • PK - 5
3.87 mi
Distance
Indian Creek Elementary School
Public • PK - 5
3.91 mi
Distance
Atlanta Area School For The Deaf
Public • PK - 12
3.91 mi
Distance
Public • PK - 5
4.08 mi
Distance
Public • PK - 5
4.27 mi
Distance
Charles R. Drew Charter School
Public • PK - 5
4.79 mi
Distance
Public • 1 - 12
4.9 mi
Distance
Talley Street Upper Elementary School
Public • 3 - 5
1.14 mi
Distance
Public • 6 - 8 • Serves this home
1.93 mi
Distance
Fifth Avenue Upper Elementary School
Public • 3 - 5
3.21 mi
Distance
Public • 6 - 8
3.98 mi
Distance
Public • 3 - 12
4.08 mi
Distance
Wadsworth Magnet School For High Achievers
Public • 4 - 8
4.25 mi
Distance
Charles Drew Charter School Ja/sa
Public • 6 - 12
4.79 mi
Distance
Public • 6 - 8
6.34 mi
Distance
Public • 4 - 6
6.34 mi
Distance
Public • 6 - 12
7.02 mi
Distance
Public • 9 - 12 • Serves this home
1.93 mi
Distance
Public • 9 - 12
2.33 mi
Distance
Public • 9 - 12
3.34 mi
Distance
Public • 9 - 12
3.54 mi
Distance
Public • 9 - 12
4.65 mi
Distance
Public • 9 - 12
5.76 mi
Distance
Public • 9 - 12
6.88 mi
Distance
Public • 9 - 12
7.35 mi
Distance
Public • 9 - 12
7.65 mi
Distance
Maynard H. Jackson- Jr. High School
Public • 9 - 12
7.76 mi
Distance
Private • KG - UG
1.14 mi
Distance
Private • 09 - 12
1.14 mi
Distance
Private • KG - 12
2.1 mi
Distance
Threshold Community School Program
Private • 06 - 12
2.84 mi
Distance
Private • 08 - 12
3.73 mi
Distance
Solid Foundation Christian Academy
Private • PK - 12
4.66 mi
Distance
Private • PK - 12
4.79 mi
Distance
Laurel Heights Academy (hospital)
Private • KG - 12
4.9 mi
Distance
Private • PK - 12
5.02 mi
Distance
Yeshiva Ohr Yisrael Of Atlanta
Private • 09 - 12
5.04 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 927 Derrydown Way | Listing | 4 | 2 | Jan 26, 2026 | $565,000 | Mar 21, 2024 | $665,602 |
| 78 Clarendon Ave | Listing | 6 | 4 | Jan 26, 2026 | $899,900 | Mar 15, 2024 | $861,600 |
| 420 Rammel Oaks Drive | Listing | 4 | 4 | Feb 26, 2026 | $585,000 | Mar 21, 2024 | $750,084 |
| 425 Pensdale Rd | 4 | 4 | Jan 26, 2026 | $850,000 | Mar 11, 2026 | - |
| 711 E Ponce De Leon AVE | Listing | 4 | 3 | Jan 26, 2026 | $965,000 | Mar 15, 2024 | $991,500 |
| 711 E Ponce De Leon Avenue | 4 | 3 | Jan 26, 2026 | $965,000 | Mar 11, 2026 | - |
| 131 Clarion AVE | 3 | 3 | Jan 20, 2026 | $699,000 | Mar 11, 2026 | - |
| 329 S Mcdonough Street | Listing | 4 | 4 | Jan 26, 2026 | $1,300,000 | Dec 26, 2023 | $1,294,750 |
| 329 S Mcdonough ST | Listing | 4 | 4 | Jan 26, 2026 | $1,300,000 | Dec 26, 2023 | $1,294,750 |
| 705 E Ponce De Leon AVE | Listing | 5 | 3 | Jan 26, 2026 | $1,000,000 | Mar 21, 2024 | $996,000 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 31,520 | 23,042 | 760,152 | 335,858,263 |
| Population Density | 4,605 | 5,084 | 2,841 | 95 |
| People per Household | 2.1 | 2.2 | 2.5 | 2.6 |
| Median Age | 41.1 | 40.8 | 37.7 | 39.1 |
| Median Income | $100,810 | $114,143 | $67,334 | $66,222 |
| Average Income | $67,518 | $69,741 | $38,861 | $35,475 |
| Cost of Living Index | 83 | 87 | 94 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 33.5°F | 33.5°F | 29.1°F | 22.6°F |
| July Avg. High Temp | 89.4°F | 89.4°F | 87.5°F | 86.2°F |
| Annual Precipitation | 55.54" | 54.29" | 55.54" | 38" |
57/100
Somewhat Walkable
Walk Score ®
54/100
Good Transit
Transit Score ®
60/100
Bikable
Bike Score ®
Overview
Some errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
Transit Summary
10 nearby routes: 9 bus, 1 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 18/100, Bike Score: 34/100.
Property Change History
Points of Interest near 332 Lockwood Terrace, Decatur, GA 30030
686 ft
Distance
792 ft
Distance
0.25 mi
Distance
0.34 mi
Distance
0.34 mi
Distance
0.31 mi
Distance
0.33 mi
Distance
0.35 mi
Distance
0.35 mi
Distance
0.36 mi
Distance
0.31 mi
Distance
0.33 mi
Distance
0.27 mi
Distance
370 ft
Distance
792 ft
Distance
845 ft
Distance
898 ft
Distance
0.28 mi
Distance
0.29 mi
Distance
0.3 mi
Distance
0.31 mi
Distance
0.32 mi
Distance
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Frequently Asked Questions for 332 Lockwood Terrace
Source: Realty.com
332 Lockwood Terrace, Decatur, GA 30030 is a Duplex, Residential Income property listed for $750,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 14 photos of 332 Lockwood Terrace.
Our records indicate that 332 Lockwood Terrace was built in 1980.
The full address for this home is 332 Lockwood Terrace, Decatur, GA 30030.
332 Lockwood Terrace has been listed on Realty.com since Tue March 10, 2026
Some errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 18/100, Bike Score: 34/100.
There are 3 schools assigned to this home. Check out the schools near 332 Lockwood Terrace. Avondale Elementary School (Grades: PK - 5), Beacon Hill Middle School (Grades: 6 - 8), Decatur High School (Grades: 9 - 12)
Listing provided courtesy of:
Duffy Realty of Atlanta
(tel: 6783183613)
Listing agent:
RHONDA DUFFY
(#DUFFYR)
This content last refreshed on 2026-03-11 01:09:53. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 332 Lockwood Terrace, Decatur, GA 30030 : MLS# 7732562