Decatur Multifamily Investment
1627 Line Circle Decatur, GA 30032
MULTI_FAMILY - Decatur, GA
Lot size:
0.09 Acres- Added:
- May 20, 2026
- Days on Market:
- 52
- Last Refresh:
- Jul 10 at 6:06 am
Property Features for 1627 Line Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- 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
- Central, Electric (Heating)
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
Listing agent Lynae Mamey (865) 748-3574
Listing office Keller Williams Realty 804 Town Blvd., Suite A 2040, Atlanta, GA (404) 419-3500
Listing date May 20, 2026
MLS# 10770535
Listing URL
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.
This well-maintained four-unit multifamily property presents a strong investment opportunity in Decatur. Located in an established area near shopping and transit, the property benefits from consistent rental demand. It offers immediate income with additional upside potential, making it suitable for both new and experienced investors. All units are currently occupied with a stable rental history. Two units have been updated, including one 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. The property is situated on a 0.089-acre lot. With a combination of stable in-place income and future upside potential, this property is a strong addition to any investment portfolio.
Key Highlights
- 4‑unit multifamily property built in 1961 with brick construction
- All units currently occupied; in‑place rents total $4,965 per month
- Projected stabilized rental income of approximately $5,200 to $5,600 per month based on market rents
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit property in Decatur with income and upside.
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 $539,000.
What are key features of this property?
This property features: 4‑unit multifamily property built in 1961 with brick construction; All units currently occupied; in‑place rents total $4,965 per month; Projected stabilized rental income of approximately $5,200 to $5,600 per month based on market rents
