
501 NW Memorial Drive, Decatur, AL 35601
Dli&F Co Add 3 · MORGAN County
Key Facts
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
Heating
Fireplace
Basement
Parking
Construction
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
Map is currently unavailable for this location.
Points of Interest in Decatur, AL
Showing the Decatur area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 223 SW 11th Avenue, Decatur, AL | $109,500 | 2 | 1 | 950 |
| 1211 23rd Avenue, Decatur, AL | $110,000 | 3 | 1 | 1,242 |
| 206 Memorial Drive NW, Decatur, AL | $115,000 | 3 | 1 | 952 |
| 1403 Cypress Street SE, Decatur, AL | $119,900 | 3 | 2 | 1,306 |
| 402 5th Avenue SW, Decatur, AL | $124,500 | 3 | 1 | 1,356 |
| 203 Harold Drive, Decatur, AL | $129,000 | 3 | 2 | 1,120 |
Moving Cost Estimate
EXIT Agents in Decatur
Listing Courtesy: CRYE-LEIKE REALTORS - Madison - 2562580930
Last Updated: 2026-04-24
















