1610 Line Circle, Decatur, GA 30032
Local realty services provided by:ERA Towne Square Realty, Inc.
1610 Line Circle,Decatur, GA 30032
$512,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: danielle moore
Office: real time realty of georgia, llc.
MLS#:7775029
Source:FIRSTMLS
Price summary
- Price:$512,500
About this home
7.19% cap rate at the current asking price.
HIGHEST & BEST REQUESTED BY 8/15/2026 | NO SHOWINGS WITHOUT UPDATED POF
FULLY OCCUPIED 4-UNIT INVESTMENT PROPERTY established in Belvedere Park! All four units are 2BR/1BA and currently produce $4,745/month / $56,940 annually in gross rents. Seller-reported stabilized NOI is approximately $36,869, offering an attractive 7.19% cap.
All units were fully updated as of March 2024, including HVAC, electrical, plumbing, flooring, appliances, lighting, and interior finishes. Each unit features an eat-in kitchen, laundry closet and functional 2BR/1BA layout. Electricity is individually metered through Georgia Power; water/sewer is on one master line with flat billing. HOA is approximately $280/month for the entire 4-unit building — not per unit.
Interior foyer provides private access to all units, with covered rear patio space for the lower-level residences.
Convenient to shopping, restaurants, public transportation, Downtown Decatur and surrounding redevelopment. Turnkey, income-producing asset with immediate cash flow and long-term upside.
**Rent roll and seller-reported NOI available. Please do not disturb tenants.**
Closing Atty: Heritage Closing Firm
"THIS PROPERTY IS PURCHASED AS IS"...
Contact an agent
Home facts
- Year built:1961
- Subdivision & Development:BELVEDERE PARK/LINE CIRCLE APTS
- Listing ID #:7775029
- Updated:October 06, 2026 at 08:46 AM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1961
- Lot area:0.09 Acres
- Lot Features:Level
- Construction Materials:Frame
- Levels:2 Story
Schools
- High school:Dekalb - Other
- Middle school:Dekalb - Other
- Elementary school:Dekalb - Other
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$512,500
- Tax amount:$6,343 (2025)
Parking
- Parking description:Attached
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