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1627 Line Circle

Decatur, GA 30032
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Bed --

Bed

Bath 0

Bath

Acres0.09

Acre(Lot)

Price improvement! Fully occupied 4-unit multifamily property in Decatur with all 2BR/1BA units and current in-place rents totaling $4,965/month, or $59,580 annualized. June and July rent have both been collected at the current rent roll, supporting the property’s current stabilized income position. The property is located in an established rental area near shopping ( new Publix Coming), transit, and major roadways, offering immediate income with additional upside potential. Two units have been updated, including one unit fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances. The remaining units offer additional upside through future cosmetic updates and rent growth. Each unit features a functional 2-bedroom, 1-bathroom layout with strong rental appeal. The property has four separate electric meters, with tenants paying electric, and one water meter currently handled through a flat billing structure. Regular HOA dues are approximately $280/month and include landscaping, trash, street lights, and road maintenance. Buyer-facing financials are available upon request. Please do not disturb tenants.

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Detail Ic Property Details

Property Type : Residential Income

Price : $524,900

AD Id : 79124635

MLS Id : 7763237

Lot Size : 0.09 Acre

Year Built : 1961

County : Dekalb

Subdivision: Belvedere Park

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Feature Features

  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1961 Private Pool: No View: Trees/Woods

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 0.0887 Lot Size Source: Public Records Lot Description: Sloped

    Property Information

    Subdivision: Belvedere Park Source Property Type: Residential Income Postal Code Plus 4: 3365 Property SubType: Quadruplex Levels: Two Property Age: 65

  • Listing Price Information

    Listing Price: $524900 Original Price: $539000 Cash, Conventional

  • Tax Information

    Parcel Number: 15 184 19 014 Tax Year: 2025 Annual Tax: $6860 Tax Legal Desc: ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOT 184 OF THE 15TH DISTRICT, DEKALB COUNTY, GEORGIA, BEING LOT 14, BELVEDERE PARK APARTMENTS SUBDIVISION, UNIT 1627, AS PER PLAT RECORDED IN PLAT BOOK 74, PAGE 66, DEKALB COUNTY, GEORGIA RECORDS.

  • Parking Information

    Parking Lot, Paved

  • School Information

    Elementary School: Peachcrest
    Junior High School: Mary McLeod Bethune
    Senior High School: Towers
  • Utility Information

    Cable Available, Electricity Available, Sewer Available, Water Available
  • Location Information

    Direction: USE GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3699 Larkspur Terrace, Decatur, GA, 30032 $384,900 -- -- --
3655 Aldea Drive, Decatur, GA, 30032 $380,000 -- -- --
1485 Janmar Drive, Decatur, GA, 30032 $495,000 -- -- --
1610 Line Circle, Decatur, GA, 30032 $500,000 -- -- --
2095 Whites Mill Road, Decatur, GA, 30032 $349,000 -- -- --

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ByOwner last updated this listing 07/23/2026 @ 14:57

MLS: 7763237 LISTED BY: Lynae Mamey, Keller Williams Realty Peachtree Rd. 404-419-3500 SOURCE: First Multiple Listing Service (FMLS)

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