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Pending
    • Price cut: $14.1K (7/13)
    $524,900

    1627 Line Cir, Decatur, GA 30032

    8beds
    4baths
    --sqft
    : 
    $3,754/mo
    Get pre-qualified
    Quadruplex, Residential Income
    Built in 1961
    -- sqft lot
    $510,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    114 days
    73
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynae Mamey,

    Keller Williams Realty Peachtree Rd. 404-419-3500

    Source: FMLS GA,MLS#: 7763237MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Features
      • Windows: None
      Video & virtual tour

      Property

      Parking
      • Parking features: Parking Lot, Paved
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: No Dock
      • Fencing: None
      • Has view: Yes
      • View description: Trees/Woods
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 3,863 Square Feet
      • Features: Sloped
      Details
      • Parcel number: 15 184 19 014

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Residential Income
      Materials
      • Brick 4 Sides
      • Roof: Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights, Other
      • Security: None
      • Subdivision: Belvedere Park
      HOA
      • Has HOA: No
      Location
      • Region: Decatur

      Financial & listing details

      • Tax assessed value: $361,600
      • Annual tax amount: $6,860
      • Date on market: 5/22/2026
      • Cumulative days on market: 112 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $510,800

        $485,000 - $536,000

        $1,604/mo

        Price history

        DateEventPrice
        8/8/2026Pending sale$524,900
        Source: GAMLS #10770535 Report a problem
        7/13/2026Price change$524,900-2.6%
        Source: GAMLS #10770535 Report a problem
        5/22/2026Listed for sale$539,000+34.3%
        Source: GAMLS #10770535 Report a problem
        12/15/2023Sold$401,234+0.3%
        Source: FMLS GA #7290946 Report a problem
        11/1/2023Pending sale$399,900
        Source: FMLS GA #7290946 Report a problem
        10/18/2023Listed for sale$399,900+139.5%
        Source: FMLS GA #7290946 Report a problem
        3/28/2019Listing removed$699
        Source: HavenBrook Homes Report a problem
        1/12/2019Listed for rent$699
        Source: HavenBrook Homes Report a problem
        8/8/2018Sold$167,000+339.5%
        Source: Public Record Report a problem
        11/6/2012Sold$38,000-78.3%
        Source: Public Record Report a problem
        3/24/2006Sold$175,000-27.6%
        Source: Public Record Report a problem
        11/28/2005Sold$241,845-5.9%
        Source: Public Record Report a problem
        10/11/2004Sold$257,000+31.8%
        Source: Public Record Report a problem
        2/17/2000Sold$195,000+140.7%
        Source: Public Record Report a problem
        7/21/1999Sold$81,000-50.9%
        Source: Public Record Report a problem
        6/12/1998Sold$165,000+79.3%
        Source: Public Record Report a problem
        7/25/1996Sold$92,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,860 +0.1%$144,640
        2024$6,850 +5%$144,640
        2023$6,526 +26.1%$144,640 +25%
        2022$5,173 0%$115,680
        2021$5,173 +43.4%$115,680 +44.6%
        2020$3,607 $80,000
        2019$3,607 -0.2%$80,000
        2018$3,615 -0.2%$80,000
        2017$3,623 +50.2%$80,000 +52.7%
        2016$2,412 $52,400 +144.9%
        2014$2,412 $21,400
        2012-- $21,400 -34.4%
        2011-- $32,640 -61.9%
        2009$3,620 +4.4%$85,760
        2008$3,466 $85,760
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Belvedere Park

        Getting around

        34 / 100
        Car-Dependent
        39 / 100
        Some Transit
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Peachcrest
        • Middle: Mary McLeod Bethune
        • High: Towers

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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