25
1627 Line Circle, Decatur, Georgia 30032
  • Property Type
  • Quadruplex, Residential Income
  • Area Size
1627 Line Circle, Decatur, Georgia 30032
  • $524,900
  • $539,000

Description

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.

  • Address: 1627 Line Circle, Decatur, Georgia 30032
  • City: Decatur
  • State/county: GA
  • Zip/Postal Code: 30032
  • Area: BELVEDERE PARK

Details

Updated on August 8, 2026 at 1:27 pm
  • Property ID 7763237
  • Price $524,900
  • Land Area 0.0887 m²
  • Year Built 1961
  • Property Type Quadruplex, Residential Income
  • Property Status Pending, For Sale

Additional details

  • Listing Terms Cash, Conventional
  • Roof Shingle
  • Utilities Cable Available, Electricity Available, Sewer Available, Water Available
  • Sewer Public Sewer
  • Cooling Ceiling Fan(s), Central Air
  • Heating Central
  • County Dekalb - GA
  • Property Type Residential Income
  • Parking Parking Lot, Paved
  • Elementary School Peachcrest
  • Middle School Mary McLeod Bethune
  • High School Towers
  • Community Features Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights, Other
  • Waterfront None

Mortgage Calculator

Compare listings

Compare