10
1610 Line Circle, Decatur, Georgia 30032
  • Property Type
  • Quadruplex, Residential Income
  • Area Size
1610 Line Circle, Decatur, Georgia 30032
  • $512,500
  • $500,000

Description

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”

  • Address: 1610 Line Circle, Decatur, Georgia 30032
  • City: Decatur
  • State/county: GA
  • Zip/Postal Code: 30032
  • Area: BELVEDERE PARK/LINE CIRCLE APTS

Details

Updated on August 16, 2026 at 2:05 pm
  • Property ID 7775029
  • Price $512,500
  • Land Area 0.0887 m²
  • Year Built 1961
  • Property Type Quadruplex, Residential Income
  • Property Status Pending, For Sale

Additional details

  • Roof Shingle
  • Utilities 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 Attached
  • Elementary School Dekalb - Other
  • Middle School Dekalb - Other
  • High School Dekalb - Other
  • Community Features None
  • Waterfront None

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