21-Unit Residential Income
For Sale
$3,950,000
1860 S Columbia Pl, Decatur, GA 30032
Fully occupied rental portfolio distributed across multiple parcels with regional highway and transit access.
Property SizeContact for details
Days on Market50
Property Features for 1860 S Columbia Pl
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Financials
Gross Income
$306,600
Average Monthly Rent
$1,216
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
21
Building Details
Year Built
1950
Listing Agency:
Keller Williams Realty Metro Atlanta
Listed By:
Patrick Peyer (404-564-5560) · License #266568
(404) 784-7936
Source:
Atlantagahomesearch
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 28 at 8:56AM
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 Keller Williams Realty Metro Atlanta
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Investment Insights
Based on property information with market context.
This residential income portfolio includes 21 rental units arranged across 19 parcels, with the properties located in close proximity to one another. The buildings date to 1950, and the portfolio is reported at 100% occupancy, providing an established operating base across the collection.
The properties are situated in the 30032 ZIP code, on I-20 and near I285. The surrounding access network connects with Downtown Atlanta, East Atlanta Village, and Hartsfield-Jackson, while the Avondale MARTA station is nearby. Additional area context includes planned redevelopment at Belvedere Plaza, a second Publix store on Glenwood, and DeKalb County planning that calls for mixed-use and multifamily density along Memorial Drive.
The properties are situated in the 30032 ZIP code, on I-20 and near I285. The surrounding access network connects with Downtown Atlanta, East Atlanta Village, and Hartsfield-Jackson, while the Avondale MARTA station is nearby. Additional area context includes planned redevelopment at Belvedere Plaza, a second Publix store on Glenwood, and DeKalb County planning that calls for mixed-use and multifamily density along Memorial Drive.
Key Highlights
- 21 working‑class rental units across 19 parcels
- 100% occupancy
- 1950 construction vintage
Property Analytics
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Lease Details
21
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Fully occupied rental portfolio distributed across multiple parcels with regional highway and transit access.
Where is this residential income property located?
The property is located at 1860 S Columbia Pl Decatur, GA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 21 working‑class rental units across 19 parcels; 100% occupancy; 1950 construction vintage
