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Photo 1 of 27: 501 N. MEMORIAL DRIVE...
501 N. MEMORIAL DRIVE...
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501 NW Memorial Drive, Decatur, AL 35601

Dli&F Co Add 3 · MORGAN County

Key Facts

2Beds
1Baths
892Sq Ft
0.16Lot (acres)
1Stories

Description

Great family home or Investment property. Rental ready! Enjoy this nice ranch style, charming, open concept home on a large corner lot with plenty of upgrades. 2 bed, 1 bath home, huge covered front porch. LVP in living area w/carpet in bedrooms. All appliances except refrigerator have been replaced during the last 6 years. HVAC 2021, Washer and dryer remain. Parking in backyard, double gate for access on alley side, or park on side yard. Large backyard with large detached dry storage building including a privacy fence for relaxing. This beautiful home is minutes away from some of Decatur's downtown & great attractions all around. This home is definitely a must see. Move in ready...

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Ranch/1 Story

Stories

1

Living Area

892 sq ft

Lot Size

0.16 acres

Lot Dimensions

50 x 140

Days on Market

84

MLS® Listing#

21916216

Property Features

Cooling

Central Air

Heating

Central

Fireplace

None

Basement

Crawl Space

Parking

On Street

Construction

Wood Siding

Sewer

Public Sewer

Rooms

  • Bedroom 211x9First
  • Dining Room
  • Kitchen
  • Living Room11x9
  • Master BedroomFirst

Schools

Elementary:
Benjamin Elementary
Middle:
Austin Middle
High:
Austin

Financial Details

HOA

None

Directions

From Moulton Street Turn Right On Memorial Drive Nw, Located On Corner On Your Left...501 Memorial

Affordability Calculator

$27,980

Estimated monthly payment

$745/mo

Principal $111,920 · Est. interest $156,138 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Decatur, AL

$316,402
Median Listing Price
52
Median Days on Market
2,131
Median Sq Ft
$148
Median Price / Sq Ft
316
Active Listings
  • This home’s price is 56% below the area median.
  • Its price per sq ft is 6% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Decatur, AL.

Location

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Points of Interest in Decatur, AL

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Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Decatur

Listing Courtesy: CRYE-LEIKE REALTORS - Madison - 2562580930

©2026 ValleyMLS.com. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information Deemed Reliable But Not Guaranteed.

Last Updated: 2026-04-24

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Valley MLS. MLS® Listing#21916216. © 2026EXIT Realty®. All rights reserved.