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1627 Line CIR, Decatur, GA 30032
1627 Line CIR, Decatur, GA 30032
1627 Line CIR, Decatur, GA 30032
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$539,000
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3,863 Sqft Lot
New

1627 Line CIR Decatur, GA 30032

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Belvedere Park

MLS Listing ID 7763237

Construction Status Resale

HOA Y/N No

Year Built 1961

Annual Tax Amount $6,860

Tax Year 2025

Lot Size 3,863 Sqft

Acres 0.0887

Property Sub-Type Quadruplex

Source First Multiple Listing Service

Property Description

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

Location

State GA

County Dekalb

Area Belvedere Park

Lake Name None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Window Features None

Exterior

Parking Features Parking Lot, Paved

Fence None

Community Features Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights, Other

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Trees/Woods

Roof Type Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Sloped

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Peachcrest

Middle Schools Mary Mcleod Bethune

High Schools Towers

Others

Senior Community no

Tax ID 15 184 19 014

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Peachtree Rd.
Estimated Payment for This Home
The Quillie Real Estate TEAM calculator below automatically estimates the monthly payment, minimum down payment, taxes, insurance, and estimated cash-to-close based on this listing.

Mortgage Payment Calculator designed by Quillie Real Estate TEAM

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FHA • 3.5% Down $0 down Estimated Cash-to-Close $0
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Estimated cash-to-close is for informational purposes only. Actual amounts may vary based on lender terms, credit score, taxes, insurance, HOA, and closing date. Seller concessions are negotiable and not guaranteed. Confirm final figures with your lender and title company (Quillie Real Estate TEAM).
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1627 Line CIR

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Quillie Williams

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