Updated Four-Unit Multifamily
For Sale
$512,500
1610 Line Circle, Decatur, GA 30032
Fully occupied residential income property with renovated interiors, individual electric metering, and convenient access to Decatur-area amenities.
Property SizeContact for details
Days on Market111
Property Features for 1610 Line Circle
General Information
Standard status
Active
Property subtype
Quadruplex
Occupancy
100%
Financials
Cap Rate
7.19%
Gross Income
$56,940
Average Monthly Rent
$1,186
HOA Fee
$280
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Amenities
Central Air
Central
Ceiling Fan(s)
Electricity Available, Sewer Available, Water Available, Shingle
Building Details
Year Built
1961
Year Renovated
2024
Buildings
1
Tenancy
Multi
Listing Agency:
Real Time Realty Of Georgia
Listed By:
First MLS
(404) 902-8935
Source:
Kw
Added: May 22
Changed: Sep 8
Last Checked: Sep 8 at 10:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Time Realty Of Georgia
Investment Insights
Based on property information with market context.
This four-unit multifamily property in Belvedere Park was fully updated as of March 2024. Each residence offers a 2BR/1BA layout with an eat-in kitchen, laundry closet, central air, ceiling fans, and updated appliances, lighting, flooring, plumbing, electrical systems, and interior finishes. The building was constructed in 1961 and includes an interior foyer connecting to all units.
Electricity is individually metered through Georgia Power, while water and sewer are served by one master line with flat billing. Lower-level residences have access to covered rear patio space. The property is fully occupied and near shopping, restaurants, public transportation, Downtown Decatur, and surrounding redevelopment. A 7.19% cap rate is reported based on current operations.
Electricity is individually metered through Georgia Power, while water and sewer are served by one master line with flat billing. Lower-level residences have access to covered rear patio space. The property is fully occupied and near shopping, restaurants, public transportation, Downtown Decatur, and surrounding redevelopment. A 7.19% cap rate is reported based on current operations.
Key Highlights
- Fully occupied four‑unit property with all residences configured as 2BR/1BA
- All units updated as of March 2024
- 7.19% cap rate based on current operations
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied residential income property with renovated interiors, individual electric metering, and convenient access to Decatur-area amenities.
Where is this quadplex located?
The property is located at 1610 Line Circle Decatur, GA.
What is the asking price?
The asking price for this property is $512,500.
What are key features of this property?
This property features: Fully occupied four‑unit property with all residences configured as 2BR/1BA; All units updated as of March 2024; 7.19% cap rate based on current operations
