Property profile

615 3rd Ave Decatur, GA 30030

OFF-MARKET
Garden apartment buildings
Property ID
US22-1674159
20,412 SF 1.82 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1960
Total area 20,412 SF
Lot 1.82 ac (79,279 SF)
Zoning code HDSF
APN 15 213 03 032
UPID US22-1674159

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex

Location

615 3rd Ave Decatur, GA 30030-3553
Decatur metro Census 22700 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.79M
CAP Approach CAP
$4.22M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.81M

Owner & transaction history

since 2025
Last sale
$6.6M
7 recorded transactions
2025
Price N/A
2025
$6.6M
2022
Price N/A
2021
$4.7M
2019
$3.5M
2019
Price N/A
2018
Price N/A

Zoning & alternative use

HDSF · Decatur, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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