GA
DeKalb
Decatur
30032
1627 Line Circle
1627 Line Circle, Decatur, GA 30032
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Listing Type
Multi Family
Listing Status
Active
31
$539,000

Home Details for 1627 Line Circle

Price
$539,000
Type
Residential Income
Year built
1961
Lot size acres
0.089
County
DeKalb
Basement
Crawl Space
MLS Listing#
10770535
Property Description

Strong investment opportunity in Decatur with this well-maintained 4-unit multifamily property located in an established area with consistent rental demand. Offering immediate income with additional upside potential, this property is well-positioned for both new and experienced investors. All units are currently occupied with stable rental history. Two units have been updated, including one unit fully renovated in 2024, featuring granite countertops and stainless steel appliances. The remaining two units offer additional upside potential through cosmetic updates and future rent growth. Each unit features a functional 2 bedroom, 1 bathroom layout with strong rental appeal. The property includes separate electric meters for each unit and a single water meter that is currently flat billed. Current in-place rents total $4,965 per month. Stabilized rental income is projected at approximately $5,200-$5,600 per month based on market rents. With a combination of stable in-place income and future upside potential, this property is a strong addition to any investment portfolio.

Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Water Features
    • Public
  • Basement
    • Crawl Space
School Information
School Information for 1627 Line Circle, Decatur, GA 30032
Elementary School
Peachcrest
Middle School
Mary Mcleod Bethune
High School
Towers
Listing Courtesy: Keller Williams Realty - 404-419-3500
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Neighborhood Market Statistics
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Median Listing Price
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Market statistics compiled from data from Georgia MLS.
EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339
Office
678 424 8300
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