Occupied Single-Family Rental
Decatur, GA 30034 Decatur, GA 30034
Decatur, GA, 30034
$299,900
For Sale
$299,900
MULTI_FAMILY - Decatur, GA
Property Size1,926 SF
Lot Size0.40 Acres
Price / SF$155.71
Days on Market23
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.40 Acres
Building Details
- Year built
- 1988
Listing agency
Intown Office
(404) 266-8100
Listed by
Ryan Bowen · License #354541
(404) 587-5961
Added: Jun 29 Checked: Jul 21 at 11:06AM
MLS# 7760066
Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. 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 occupied single-family rental is currently leased to a long-term tenant and is being sold as-is with the tenant in place. The home features a functional split-level layout with hardwood floors, a fireplace, 4 bedrooms and 2 bathrooms. Additional improvements include a garage and a deck, providing practical everyday space for residents.
The property is located in an established area of Decatur, GA 30034, on an approximately 0.40-acre lot. It is described as cash-flowing with consistent rental demand and currently has no vacancy.
The home is approximately 1,926 square feet and is offered for sale with the existing lease and occupancy maintained. For investors seeking an in-place rental, this configuration provides immediate income without requiring vacancy or re-tenanting at closing.
The property is located in an established area of Decatur, GA 30034, on an approximately 0.40-acre lot. It is described as cash-flowing with consistent rental demand and currently has no vacancy.
The home is approximately 1,926 square feet and is offered for sale with the existing lease and occupancy maintained. For investors seeking an in-place rental, this configuration provides immediate income without requiring vacancy or re-tenanting at closing.
Key Highlights
- Cash‑flowing Decatur single‑family rental with a long‑term tenant in place paying $2,500/month
- 4‑bed, 2‑bath split‑level home with approximately 1,926 SF and hardwood floors
- Fireplace plus deck
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.2k | $26.04 |
| − Vacancy | −$3.1k | −$1.61 |
| EGI | $47.0k | $24.43 |
| − OpEx | −$21.2k | −$10.99 |
| NOI | $25.9k | $13.43 |
1,926 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$369.6K
$323.4K – $431.2K
NOI $25,874 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$538.4K
$471.1K – $628.1K
NOI $37,687 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Functional split-level 4-bedroom rental with a garage and deck, sold as-is with a long-term tenant in place.
Where is this single family property located?
The property is located at Decatur, GA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Cash‑flowing Decatur single‑family rental with a long‑term tenant in place paying $2,500/month; 4‑bed, 2‑bath split‑level home with approximately 1,926 SF and hardwood floors; Fireplace plus deck
