Fully Occupied 4-Unit
For Sale
$524,900
1627 Line Circle, Decatur, GA 30032
MULTI_FAMILY - Decatur, GA
Lot Size0.09 Acres
Days on Market73
Property Features for 1627 Line Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Belevedere Park Apartments
Elementary school
Peachcrest
Middle school
Mary Mcleod Bethune
High school
Towers
Directions
USE GPS
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
Electric, Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1961
Floors in Building
2
Number of units
4
Building materials
Brick
Listing Agency:
Keller Williams Realty
(404) 419-3500
Listed By:
Lynae Mamey
(865) 748-3574
Added: May 20
Changed: Jul 28
Last Checked: Jul 31 at 10:06AM
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 four-unit multifamily property features all 2-bedroom, 1-bathroom layouts. Current in-place rents total $4,965 per month, with June and July rent collected at the current rent roll. The building has four separate electric meters, and tenants pay electric; one water meter is handled through a flat billing structure.
Two units have been updated, including one fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances. The remaining units offer room for additional cosmetic updates.
Regular HOA dues are approximately $280 per month and include landscaping, trash, street lights, and road maintenance. The property is located in an established rental area near shopping, with a new Publix currently coming, as well as transit and major roadways.
Two units have been updated, including one fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances. The remaining units offer room for additional cosmetic updates.
Regular HOA dues are approximately $280 per month and include landscaping, trash, street lights, and road maintenance. The property is located in an established rental area near shopping, with a new Publix currently coming, as well as transit and major roadways.
Key Highlights
- Fully occupied 4‑unit multifamily in Decatur, each unit is a 2BR/1BA with in‑place rents totaling $4,965/month ($59,580 annualized).
- Two units have been updated, including one fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances.
- Building is brick and includes central heating and central air, plus ceiling fans.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four separate 2BR/1BA units with tenants paying electric and a flat-billed water meter.
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 in Decatur, each unit is a 2BR/1BA with in‑place rents totaling $4,965/month ($59,580 annualized).; Two units have been updated, including one fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances.; Building is brick and includes central heating and central air, plus ceiling fans.
