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$539,000

1627 Line Circle, Decatur, GA 30032Listing ID 7763237

1627 Line Circle, Decatur, GA 30032

Active

Belvedere Park

Time on site: 18 days • Last updated: 1 day ago

Property Type

Residential Income

Property Sub Type

Quadruplex

Acres

0.09

Days on Site

Cooling

Ceiling Fan(s), Central Air

Heating

Central

Year Built

1961

Source: First Multiple Listing Service

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For corrections to this data please contact Brytecore MLS Support.

LMAMEY

Strong investment opportunity in Decatur with this well-maintained 4-unit multifamily property located in an established area near shopping and transit with consistent rental demand. Offering immediate income with additional upside potential, this property is well-positioned for both new and experienced investors. All units are currently occupied with stable rental history. Two units have been updated, including one unit fully renovated in 2024, featuring granite countertops and stainless steel appliances. The remaining two units offer additional upside potential through cosmetic updates and future rent growth. Each unit features a functional 2 bedroom, 1 bathroom layout with strong rental appeal. The property includes separate electric meters for each unit and a single water meter that is currently flat billed. Current in-place rents total $4,965 per month. Stabilized rental income is projected at approximately $5,200–$5,600 per month based on market rents. With a combination of stable in-place income and future upside potential, this property is a strong addition to any investment portfolio

Property Information

Property Details

Location

Address

1627 Line Circle

County

Dekalb - GA

City

Decatur

Zip Code

30032

Subdivision

Belvedere Park

High School

Towers

Elementary School

Peachcrest

Listing provided by Keller Williams Realty Peachtree Rd., (404) 419-3500

Interior Features

Heating and Cooling

Cooling

Ceiling Fan(s), Central Air

Heating

Central

Building

Building Information

Year Built

1961

Construction

Brick 4 Sides

Roof

Shingle

Condition

Resale

Property Taxes

Tax Annual Amount

$6,860

Tax Year

2025

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