1627 Line Circle, Decatur, GA 30032
Local realty services provided by:ERA Towne Square Realty, Inc.
1627 Line Circle,Decatur, GA 30032
$524,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lynae mamey
Office: keller williams realty peachtreeroad
MLS#:10770535
Source:METROMLS
Price summary
- Price:$524,900
About this home
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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Home facts
- Year built:1961
- Subdivision & Development:Belevedere Park Apartments
- Listing ID #:10770535
- Updated:August 22, 2026 at 11:16 AM
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:$524,900
- Tax amount:$6,319 (25)
Features and amenities
- Laundry features:In Unit
Parking
- Parking description:1+ Parking Space/Unit
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