Fully Occupied 4-Unit
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 Market95
Property Features for 1627 Line Circle
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
Parking Lot
Subdivision
Belvedere Park
Lot features
Sloped
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
2025
Tax Annual Amount
6860
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
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 Agency:
Keller Williams Realty Peachtree Rd.
(404) 419-3500
Listed By:
Lynae Mamey
(865) 748-3574
Added: May 22
Changed: Aug 19
Last Checked: Aug 24 at 6:06PM
MLS# 7763237
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 fully occupied 4-unit multifamily property includes four separate 2-bedroom, 1-bathroom units, all with functional layouts geared toward rental demand. Current in-place rents total $4,965 per month, with June and July rent collected at the current rent roll. Two units have been updated, including one unit fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances, while the remaining units offer further opportunity through future cosmetic updates.
The property has four separate electric meters, with tenants paying electric, and one water meter currently handled through a flat billing structure. Regular HOA dues are approximately $280 per month and include landscaping, trash, street lights, and road maintenance. The address is 1627 Line Circle, Decatur, GA 30032.
Buyer-facing financials are available upon request, and tenants are in place—please do not disturb.
The property has four separate electric meters, with tenants paying electric, and one water meter currently handled through a flat billing structure. Regular HOA dues are approximately $280 per month and include landscaping, trash, street lights, and road maintenance. The address is 1627 Line Circle, Decatur, GA 30032.
Buyer-facing financials are available upon request, and tenants are in place—please do not disturb.
Key Highlights
- Fully occupied 4‑unit multifamily with all units 2BR/1BA
- In‑place rents total $4,965/month ($59,580 annualized)
- Two units updated, including one fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances
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 - Four occupied 2BR/1BA units with separate electric meters and tenant-paid electric.
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: Fully occupied 4‑unit multifamily with all units 2BR/1BA; In‑place rents total $4,965/month ($59,580 annualized); Two units updated, including one fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances
