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Four-Unit Brick Apartment Building
For Sale
$524,900
Pending

1627 Line Circle, Decatur, GA 30032

Residential Income, Decatur, GA

Property SizeContact for details
Lot Size0.09 Acres
Days on Market97

Property Features for 1627 Line Circle

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Subdivision Belevedere Park Apartments
Elementary school Peachcrest
Middle school Mary Mcleod Bethune
High school Towers
Directions USE GPS
Standard status Pending
APN 15 184 19 014
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 25
Tax Annual Amount 6319

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Electric, Central Air
Water source Public

Building Details

Year built 1961
Floors in Building 2
Number of units 4
Building materials Brick
Listing Agency: Keller Williams Realty PeachtreeRoad
Listed By: Lynae Mamey
Added: May 20 Changed: Aug 19 Last Checked: Aug 24 at 7:06PM
MLS# 10770535

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Four-unit multifamily property featuring a consistent 2-bedroom, 1-bathroom layout across all units. The building is brick construction and was built in 1961. Each unit is serviced with electricity via four separate electric meters, with tenants paying electric. Water is handled through a single water meter with a flat billing structure. Public water and public sewer services are in place.

Two units have been updated, including one fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances. The remaining units offer additional opportunities for future cosmetic updates and rent growth.

For day-to-day property management, regular HOA dues include landscaping, trash, street lights, and road maintenance. The property is fully occupied, and buyer-facing financials are available upon request.

Key Highlights

  • 0.089‑acre four‑unit multifamily property with brick construction built in 1961
  • All four units have 2‑bedroom, 1‑bathroom layouts
  • Four separate electric meters with tenants paying electric

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Big Box & Wholesale Store Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

Demographics for 30032, GA

44,697
Population
20,676
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
91%
High-School Grad
13.6 sq mi
ZIP Area
3,287
Density / Sq Mi
$61,292
Median Household Income
$37,443
Median Earnings
$1,364
Median Rent
$245,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four 2BR/1BA units with separate electric meters and central electric HVAC, plus recent updates to two units.
Where is this quadplex located?
The property is located at 1627 Line Circle Decatur, GA.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 0.089‑acre four‑unit multifamily property with brick construction built in 1961; All four units have 2‑bedroom, 1‑bathroom layouts; Four separate electric meters with tenants paying electric
More about this property
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