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Updated Four-Unit Multifamily Property
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 Market144

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 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 Agency: Keller Williams Realty PeachtreeRoad
Listed By: Lynae Mamey
Added: May 20 Changed: Sep 13 Last Checked: Oct 10 at 5:06AM
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.

This fully occupied quadplex contains four separate units, each arranged as a 2-bedroom, 1-bath residence. Two units have received updates, including one comprehensive renovation completed in 2024 with refreshed finishes, granite countertops, and stainless steel appliances. The remaining residences provide consistent layouts and additional scope for future cosmetic improvements.

The property is located in Decatur near shopping, transit, and major roadways. Separate electric metering serves each unit, while water is supplied through one public meter and billed under a flat structure. Tenants pay electric expenses. The community association provides landscaping, trash service, street lighting, and road maintenance. Built in 1961, the property is constructed of brick and connected to public water and public sewer.

Key Highlights

  • Fully occupied 4‑unit multifamily property
  • Four 2BR/1BA units with consistent layouts
  • One unit fully renovated in 2024

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Fully occupied multifamily property with consistent two-bedroom layouts and select renovated interiors.
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 property; Four 2BR/1BA units with consistent layouts; One unit fully renovated in 2024
More about this property
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