1860 S Columbia Place, Decatur, GA 30032

Decatur
Local realty services provided by:ERA Towne Square Realty, Inc.
1860 S Columbia Place,Decatur, GA 30032
$3,950,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: patrick peyer
Office: keller williams realty metro atlanta
MLS#:7836741
Source:FIRSTMLS

Price summary

  • Price:$3,950,000

About this home

21 working-class rental houses on 19 parcels, conveniently located in close proximity to each other within the booming 30032 zip code. 100% Occupancy. Current rents average $1,219/month — $25,600/month gross and climbing at each turn over — against a market rate average of $1,582. That gap is intentional. There are many long term tenants and every unit that turns has potential to be a profitable flip, cosmetic renovation and rent bump or just re-lease at the same price. The 30032 zip code sits on I-20 and near I285 with direct access to Downtown Atlanta, East Atlanta Village, and Hartsfield-Jackson. The Avondale MARTA station is nearby. These are practical amenities that keep working-class renters in place. The corridor is moving. Belvedere Plaza at Memorial Drive and Columbia Drive just landed a $24.3 million redevelopment backed by a $3 million Decide DeKalb grant — four national retailers and a full-service grocery anchor coming in 2027. DeKalb County's long-range plan calls for...

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Home facts

  • Year built:1950
  • Subdivision & Development:Belvedere
  • Listing ID #:7836741
  • Updated:November 12, 2026 at 03:13 PM

Rooms and interior

  • Flooring:Hardwood

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1950
  • Lot area:0.15 Acres
  • Levels:1 Story

Schools

  • High school:Dekalb - Other
  • Middle school:Dekalb - Other
  • Elementary school:Dekalb - Other

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$3,950,000
  • Tax amount:$3,635 (2026)

Parking

  • Parking description:Carport, Driveway
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