Decatur Multifamily Investment
1627 Line Circle Decatur, GA 30032
MULTI_FAMILY - Decatur, GA
Lot size:
0.09 Acres- Added:
- May 22, 2026
- Days on Market:
- 50
- Last Refresh:
- Jul 10 at 6:06 am
Property Features for 1627 Line Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 15 184 19 014
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6860
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick 4 Sides
- Roof type
- Shingle
Listing agent Lynae Mamey (404) 419-3501
Listing office Keller Williams Realty Peachtree Rd. 804 Town Boulevard Suite A 2040, Atlanta, GA (404) 419-3500
Listing date May 22, 2026
MLS# 7763237
Listing URL
Copyright © 2026 First Multiple Listing Service, Inc. 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 4-unit multifamily property presents a strong investment opportunity in Decatur, Georgia. Situated 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 with granite countertops and stainless steel appliances. The remaining two units offer 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 located in Dekalb County, Georgia, on a lot of 0.0887 acres.
Key Highlights
- Strong income‑generating 4‑unit multifamily property in Decatur
- Immediate income with in‑place rents totaling $4,965 per month
- Upside potential through cosmetic updates and rent growth; stabilized rents projected at $5,200-$5,600
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 4-unit property in Decatur near shopping and transit.
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: Strong income‑generating 4‑unit multifamily property in Decatur; Immediate income with in‑place rents totaling $4,965 per month; Upside potential through cosmetic updates and rent growth; stabilized rents projected at $5,200-$5,600
