1627 Line Cir, Decatur, GA 30032

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Listed byKeller Williams Realty Peachtree Rd.
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Overview

Price improvement! Fully occupied 4-unit multifamily property in Decatur with all 2BR/1BA units and current in-place rents totaling $4,965/month, or $59,580 annualized. June and July rent have both been collected at the current rent roll, supporting the property’s current stabilized income position. The property is located in an established rental area near shopping ( new Publix Coming), transit, and major roadways, offering immediate income with additional upside potential. Two units have been updated, including one unit fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances. The remaining units offer additional upside through future cosmetic updates and rent growth. Each unit features a functional 2-bedroom, 1-bathroom layout with strong rental appeal. The property has four separate electric meters, with tenants paying electric, and one water meter currently handled through a flat billing structure. Regular HOA dues are approximately $280/month and include landscaping, trash, street lights, and road maintenance. Buyer-facing financials are available upon request. Please do not disturb tenants.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Lot size (acres)
0.09
Year built
1961

Exterior features

Horse amenities
Stable

Utilities

Heating
Central
Cooling
Ceiling Fans, Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$6,860

Public schools

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Sourced from: First Multiple Listing Service (FMLS) MLS®#: 7763237 Last checked:

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