Cash-flowing single-family rental in Decatur with a long-term tenant in place paying $2,500/month. This 4-bedroom, 2-bath home offers approximately 1,926 square feet with a functional split-level layout, hardwood floors, fireplace, garage, and deck, all situated on a 0.40-acre lot in an established area with consistent rental demand. The property provides immediate income with no vacancy, making it a strong addition to an investment portfolio with upside potential over time. Sold as-is with tenant in place.
Active
$300,000
3766 Conley Downs Ln, Decatur, GA 30034
--beds
--baths
--sqft
Multi Family
Built in 1988
-- sqft lot
$292,000 Zestimate®
$--/sqft
$-- HOA
What's special
Hardwood floorsFunctional split-level layout
- 48 days |
- 188 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Ryan Bowen 404-587-5961,
BHHS Georgia Properties
Source: GAMLS,MLS#: 10741674
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Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Basement: None
- Number of fireplaces: 1
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Has attached garage: Yes
Features
- Levels: Multi/Split
Lot
- Size: 350 Acres
Details
- Parcel number: 15 040 02 031
- Special conditions: Investor Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
Condition
- Resale
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Green energy
- Energy efficient items: Roof
Community & HOA
Community
- Features: None
- Subdivision: CONLEY DOWNS PH 01
HOA
- Has HOA: No
- Services included: None
Location
- Region: Decatur
Financial & listing details
- Tax assessed value: $234,500
- Annual tax amount: $4,568
- Date on market: 4/27/2026
- Cumulative days on market: 48 days
- Listing agreement: Exclusive Agency
- Listing terms: Conventional
Estimated market value
$292,000
$277,000 - $307,000
$1,664/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Listed for sale | $300,000+361.5% |
Source:  GAMLS #10741674 Report a problem | ||
| 10/19/2016 | Listing removed | $65,000 |
Source: BHGRE METRO BROKERS #5745273 Report a problem | ||
| 10/19/2016 | Pending sale | $65,000-8.1% |
Source: BHGRE METRO BROKERS #5745273 Report a problem | ||
| 10/18/2016 | Sold | $70,739+8.8% |
Source:  FMLS GA #5745273 Report a problem | ||
| 9/20/2016 | Listed for sale | $65,000 |
Source: BHGRE METRO BROKERS #8066413 Report a problem | ||
| 9/14/2016 | Pending sale | $65,000 |
Source: BHGRE METRO BROKERS #8066413 Report a problem | ||
| 9/9/2016 | Listed for sale | $65,000+1.7% |
Source: BHGRE METRO BROKERS #5745273 Report a problem | ||
| 7/3/2012 | Listing removed | $900 |
Source: Solid Source Realty GA #03243740 Report a problem | ||
| 6/12/2012 | Listed for rent | $900 |
Source: Solid Source Realty GA #03243740 Report a problem | ||
| 12/30/2008 | Sold | $63,900-38.6% |
Source: Public Record Report a problem | ||
| 9/10/2008 | Sold | $104,146-16.7% |
Source: Public Record Report a problem | ||
| 2/2/2007 | Sold | $125,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,568 +20.6% | $93,800 +23.4% |
| 2024 | $3,788 +1.5% | $76,000 |
| 2023 | $3,733 -5.5% | $76,000 -7.2% |
| 2022 | $3,951 +12.3% | $81,880 +13.7% |
| 2021 | $3,519 +27.1% | $72,040 +31.1% |
| 2020 | $2,769 +11.6% | $54,960 +13.6% |
| 2019 | $2,482 +24.2% | $48,400 +29.8% |
| 2018 | $1,997 +27.7% | $37,280 +36.3% |
| 2017 | $1,564 +41.6% | $27,360 -17.6% |
| 2016 | $1,104 | $33,200 +184.2% |
| 2014 | $1,104 | $11,680 |
| 2013 | -- | $11,680 -19.1% |
| 2012 | -- | $14,440 -25.4% |
| 2011 | -- | $19,344 -36.3% |
| 2010 | $965 | $30,360 |
| 2009 | $965 -58.5% | $30,360 -38% |
| 2008 | $2,329 +79.4% | $48,960 |
| 2007 | $1,298 | $48,960 |
| 2006 | $1,298 +5.4% | $48,960 |
| 2005 | $1,231 +15.9% | $48,960 +11.2% |
| 2004 | $1,062 -1% | $44,040 |
| 2003 | $1,073 -40.4% | $44,040 +8.6% |
| 2002 | $1,800 +15.9% | $40,560 |
| 2001 | $1,553 | $40,560 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 30034
Nearby schools
GreatSchools rating
- 4/10Oakview Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Cedar Grove Middle SchoolGrades: 6-8Distance: 2.1 mi
- 1/10Cedar Grove High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Cedar Grove
- Middle: Cedar Grove
- High: Cedar Grove
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Dekalb County
- Decatur
- 30034
- 3766 Conley Downs Ln
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