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21-Unit Apartment Portfolio
New
For Sale
$3,950,000

1860 S Columbia Place, Decatur, GA 30032

Residential Income, Decatur, GA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market5

Property Features for 1860 S Columbia Place

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Carport
Subdivision Belvedere
Directions GPS Friendly
Standard status Active
APN 15 167 04 021
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3635

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Floors in Building 1
Number of units 21
Listing Agency: Keller Williams Realty
Listed By: Patrick Peyer · License #266568
Added: Sep 11 Changed: Sep 14 Last Checked: Sep 15 at 1:06PM
MLS# 10845636

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 multifamily portfolio contains 21 rental units distributed across 19 parcels in Decatur, Georgia. Occupancy is reported at 100%. The properties were built in 1950 and include central heating, central air conditioning, and carport parking. Public water and public sewer serve the properties.

The portfolio is located at 1860 S Columbia Place in the 30032 ZIP code, with access to I-20 and I-285. The Avondale MARTA station is nearby, and the properties are positioned within the broader Decatur and Atlanta-area transportation network.

Key Highlights

  • 21 rental units across 19 parcels
  • 100% occupancy
  • Built in 1950

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Gym & Fitness Center HVAC Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

445
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Occupied multifamily housing with central HVAC, carports, and public utility service.
Where is this apartment building located?
The property is located at 1860 S Columbia Place 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 rental units across 19 parcels; 100% occupancy; Built in 1950
More about this property
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