Income Producing with 9% CAP Rate bringing in around $2000 per month, across from Austin High school and in West Morgan district, this is an excellent investment! One house w/ 3 bedrms, 2 baths, new hardwood laminents, refrigerator, dishwasher, etc. and updated, tenant occupied at $800 month! Separate apartment building with one apartment, 1 bedroom and 1 bath, refrigerator, dishwasher, etc and completely renovated, tenant occupied at $475 month! Upstairs apartment has garage, covered deck, 2 bedrms, large den and large kitchen w/ refrigerator, dishwasher, etc and in excellent condition, rents for $750 and not occupied but easily rents! Gorgeous setting, great location for a great return.
- MLS# 1793742
- Date Listed10/21/2021
- Bedrooms 3
- Bathrooms 2 Full baths
- Lot Size -
- Sewer Septic Tank
- Subdivision Metes And Bounds
- County MORGAN
- Square Feet 3,296 sq. ft
Interior Features
- Appliances Refrigerator, Dishwasher, Oven
- Cooling Window Unit(s)
- Heating Electric
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Directions
From Beltline, Turn West On Modaus Rd, Property On Left Just Past Austin High School!
Financial Considerations
Schools near 35601
Explore the local neighborhood highlights and top-rated schools near 35601 in Decatur, AL.
Nearby Schools
Source: School Digger
West Decatur Elementary School
Public • PK - 5 • Serves this home
6.01 mi
Distance
Public • 5 - 8 • Serves this home
3.52 mi
Distance
Public • 9 - 12 • Serves this home
3.52 mi
Distance
Julian Harris Elementary School
Public • PK - 5
2.28 mi
Distance
Chestnut Grove Elementary School
Public • PK - 5
3.92 mi
Distance
Public • PK - 5
4.21 mi
Distance
Public • PK - 5
4.67 mi
Distance
Frances Nungester Elementary School
Public • PK - 5
4.72 mi
Distance
West Decatur Elementary School
Public • PK - 5 • Serves this home
6.01 mi
Distance
Banks-caddell Elementary School
Public • PK - 5
7.35 mi
Distance
Public • PK - 5
7.63 mi
Distance
Public • 6 - 7
2.94 mi
Distance
Public • 5 - 8 • Serves this home
3.52 mi
Distance
Public • 6 - 8
7.63 mi
Distance
Leon Sheffield Magnet Elementary School
Public • 3 - 5
8 mi
Distance
Public • 10 - 12
0.43 mi
Distance
Public • 9 - 12 • Serves this home
3.52 mi
Distance
Public • 8 - 9
4.21 mi
Distance
Public • 9 - 12
4.21 mi
Distance
Public • 9 - 12
7.63 mi
Distance
Public • 9 - 12
7.63 mi
Distance
Private • PK - 12
4.72 mi
Distance
Decatur Heritage Christian Academy
Private • KG - 12
5.55 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 2305 Amberly Lane SW | Listing | 3 | 3 | Apr 20, 2026 | $399,000 | Mar 21, 2024 | $408,564 |
| 2107 SW Lancelot Drive | 3 | 2 | May 01, 2026 | $265,000 | Jun 04, 2026 | - |
| 2311 Amberly Lane SW | 5 | 3 | Apr 17, 2026 | $550,000 | Jun 04, 2026 | - |
| 185 N Greenway Drive | 5 | 5 | Apr 17, 2026 | $899,900 | Jun 04, 2026 | - |
| 110 Owensby Way | 3 | 2 | Apr 29, 2026 | $259,938 | Jun 04, 2026 | - |
| 116 Daniel Street SW | 3 | 2 | Apr 10, 2026 | $210,000 | Jun 04, 2026 | - |
| 2916 Glasgow Place | 3 | 2 | May 05, 2026 | $259,900 | Jun 04, 2026 | - |
| 1204 Loggers Way SW | 4 | 3 | May 30, 2026 | $343,000 | Jun 04, 2026 | - |
| 1711 Wilshire Avenue | 3 | 2 | May 17, 2026 | $194,991 | Jun 04, 2026 | - |
| 89 Hawthorn Way | 4 | 3 | Apr 25, 2026 | $372,700 | Jun 04, 2026 | - |
Local Neighborhood Highlights for 35601
Discover key demographics, population statistics, and environmental insights for the Decatur, AL area.
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 34,562 | 56,499 | 122,965 | 335,858,263 |
| Population Density | 1,318 | 1,047 | 212 | 95 |
| People per Household | 2.5 | 2.4 | 2.5 | 2.6 |
| Median Age | 38.2 | 39.2 | 40.6 | 39.1 |
| Median Income | $44,744 | $49,216 | $53,703 | $66,222 |
| Average Income | $23,538 | $27,282 | $27,883 | $35,475 |
| Cost of Living Index | 84 | 84 | 88 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 29.1°F | 29.1°F | 29.3°F | 22.6°F |
| July Avg. High Temp | 90.3°F | 90.3°F | 90.1°F | 86.2°F |
| Annual Precipitation | 55.31" | 55.31" | 55.36" | 38" |
5/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
18/100
Bikable
Bike Score ®
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 18/100.
Property Change History
Points of Interest near 3162 Modaus Rd Sw, Decatur, AL 35601
0.34 mi
Distance
0.37 mi
Distance
0.41 mi
Distance
0.41 mi
Distance
0.47 mi
Distance
0.51 mi
Distance
0.52 mi
Distance
0.99 mi
Distance
0.34 mi
Distance
0.41 mi
Distance
0.41 mi
Distance
0.47 mi
Distance
0.51 mi
Distance
0.52 mi
Distance
0.34 mi
Distance
1.59 mi
Distance
1.62 mi
Distance
0.78 mi
Distance
1.06 mi
Distance
1.65 mi
Distance
1003 ft
Distance
1003 ft
Distance
0.98 mi
Distance
0.99 mi
Distance
1.04 mi
Distance
1.56 mi
Distance
1.6 mi
Distance
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Frequently Asked Questions for 3162 Modaus Rd Sw
Source: Realty.com
3162 Modaus Rd Sw, Decatur, AL 35601 in Metes And Bounds, Decatur, AL 35601 is a residential income listed at $229,900. Highlights include 3 bedrooms, 2 bathrooms. Realty.com has 36 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 36 photos of 3162 Modaus Rd Sw.
The full address for this home is 3162 Modaus Rd Sw, Decatur, AL 35601.
3162 Modaus Rd Sw has been listed on Realty.com since Thu October 21, 2021
The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 18/100.
There are 3 schools assigned to this home. Check out the schools near 3162 Modaus Rd Sw. West Decatur Elementary School (Grades: PK - 5), West Morgan Middle School (Grades: 5 - 8), West Morgan High School (Grades: 9 - 12)
Listing provided courtesy of:
Marmac Real Estate-muscle Sho
(tel: 256-248-4112)
Listing agent:
Shari Sandlin
(#SS3068)
This content last refreshed on 2026-06-04 08:50:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.