1627 Line Circle, Decatur, GA 30032
Local realty services provided by:ERA Hirsch Real Estate Team
1627 Line Circle,Decatur, GA 30032
$539,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lynae mamey
Office: keller williams realty
MLS#:10770535
Source:METROMLS
Price summary
- Price:$539,000
About this home
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....
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Home facts
- Year built:1961
- Listing ID #:10770535
- Updated:July 07, 2026 at 04:39 PM
Rooms and interior
- Basement Description:Crawl Space
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1961
- Lot area:0.09 Acres
- Construction Materials:Brick
- Levels:2 Story
Schools
- High school:Towers
- Middle school:Mary Mcleod Bethune
- Elementary school:Peachcrest
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$539,000
- Tax amount:$6,319 (25)
Features and amenities
- Laundry features:In Unit
Parking
- Parking description:1+ Parking Space/Unit
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