255 S Columbia Drive

Description

What if your mortgage payment in City of Decatur came with a built-in offset? This property delivers a fully self-contained 2 bed / 1 bath apartment - private entrance, no interior connection - alongside a 4 bed / 2 bath main house, in one of metro Atlanta's most supply-constrained rental markets. No rental history: the previous owners lived upstairs and housed a family member below. What's here is untapped. The apartment is a real unit: private entrance, windows on all four sides, gas kitchen, in-unit laundry, beadboard bath, brand new HVAC in 2026, metered eparately for gas, electric. The main house delivers refinished hardwood floors, crown molding, an arched doorway into a dedicated dining room, gas cooking, walk-in pantry, and a private deck overlooking a mature hardwood canopy above Shoal Creek. Two bedrooms and a full baths on the main level - including a pink vintage-tiled bath that's having its comeback moment - plus two vaulted dormer bedrooms, a full bath, and dedicated laundry upstairs. Fresh paint inside and out. Newer roof and HVAC on main level. Off-street parking in rear. See virtual renderings of reworked backyard with a lawn, fence, and parking area. Walkable to Talley Street Upper Elementary, Winnona Park Elementary and all City of Decatur schools. Minutes to Avondale MARTA, Winnona Park, Legacy Park, the PATH, and Avondale Estates' newly walkable downtown. Across the street, the Decatur DDA is developing workforce housing near the MARTA corridor. For the investor, the gross income potential at market rents is meaningful. For the owner-occupant who wants City of Decatur schools and a tenant helping carry the note - this one is hard to replicate at this price.