Start Generating Income From Day One! Tenant-occupied investment opportunity offering an estimated 7.74% cap rate and immediate cash flow. This spacious 5-bedroom, 3-bath home provides strong rental appeal, flexible living spaces, and broad tenant demand. Conveniently located near major highways, downtown Decatur, shopping, dining, and employment centers, this property combines income, appreciation potential, and future flexibility. At this price point, opportunities offering this combination of size, location, and investment potential are increasingly difficult to find. Continue leasing to the current tenant or plan for future owner occupancy. If purchased for owner occupancy, Seller requests a minimum 60-day closing period to accommodate tenant notice requirements.
Active
Price cut: $10K (7/9)
$242,000
2173 Kilarney Rd, Decatur, GA 30032
5beds
2,406sqft
Single Family Residence
Built in 1964
0.32 Acres Lot
$238,900 Zestimate®
$101/sqft
$-- HOA
What's special
Flexible living spaces
- 101 days
- 281
- 22
Zillow last checked:
Listing updated:
Listed by:
Ayelet Gilad 678-609-8588,
Keller Williams Realty First Atlanta
Source: GAMLS,MLS#: 10780123
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Family Room
Heating
- Forced Air
Cooling
- Electric
Appliances
- Included: Other
- Laundry: Other
Features
- Other
- Flooring: Other
- Basement: Bath Finished,Daylight,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,406
- Total interior livable area: 2,406 sqft
- Finished area above ground: 1,203
- Finished area below ground: 1,203
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.32 Acres
- Features: Level
Details
- Parcel number: 15 154 14 010
- Special conditions: Investor Owned,Rental
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Rosewood Park
HOA
- Has HOA: No
- Services included: None
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $101/sqft
- Tax assessed value: $258,900
- Annual tax amount: $4,514
- Date on market: 6/5/2026
- Cumulative days on market: 101 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
$238,900
$227,000 - $251,000
$2,389/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $242,000-4%$101/sqft |
Source: | ||
| 6/5/2026 | Listed for sale | $252,000+546.2%$105/sqft |
Source: | ||
| 8/16/2013 | Sold | $39,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,004 +7.1% | $103,560 +7.9% |
| 2024 | $4,671 +2.3% | $95,960 +1.3% |
| 2023 | $4,566 +42.4% | $94,760 +46.5% |
| 2022 | $3,207 +34.8% | $64,680 +41.2% |
| 2021 | $2,378 | $45,800 |
| 2020 | $2,378 | $45,800 |
| 2019 | $2,378 +16.1% | $45,800 +19.9% |
| 2018 | $2,048 +27.8% | $38,200 +36.4% |
| 2017 | $1,603 -13.3% | $28,000 -16.4% |
| 2016 | $1,847 | $33,480 +151.4% |
| 2014 | $1,847 | $13,320 |
| 2013 | -- | $13,320 |
| 2012 | -- | $13,320 -12.7% |
| 2011 | -- | $15,264 -45.2% |
| 2010 | $720 -23.3% | $27,840 -20% |
| 2009 | $939 -3.8% | $34,800 -21.1% |
| 2008 | $976 -1.2% | $44,120 |
| 2007 | $988 | $44,120 |
| 2006 | $988 +6% | $44,120 |
| 2005 | $932 +1.5% | $44,120 |
| 2004 | $918 +7.7% | $44,120 +5.4% |
| 2003 | $852 +27.4% | $41,840 +9.3% |
| 2002 | $669 +159.3% | $38,280 +29.1% |
| 2001 | $258 | $29,640 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Candler-Mcafee
Nearby schools
Schools provided by the listing agent
- Elementary: Columbia
- Middle: Columbia
- High: Columbia
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







