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    • $209,900

    3831 Waldrop Ln, Decatur, GA 30034

    3beds
    1,424sqft
    : 
    $1,539/mo
    Get pre-qualified
    Townhouse
    Built in 2003
    3,484 Square Feet Lot
    $182,700 Zestimate®
    $147/sqft
    $66/mo HOA

    What's special

    Bright open floor planAssigned parkingPrivate en-suite bathPrivate back patioOversized primary suiteUpdated flooringFresh neutral paint
    Investor's Dream! Don't miss this turnkey 3-bedroom, 2.5-bath corner-unit townhome in the established Waldrop Station community. This is a fantastic opportunity to add an income-producing property to your portfolio with instant cash flow. The property is tenant-occupied with a lease in place through May 2027, providing immediate and reliable rental income from day one. Inside, you'll find a bright, open floor plan featuring updated flooring, fresh neutral paint, and a spacious eat-in kitchen with all appliances included. The oversized primary suite offers a private en-suite bath, while two additional bedrooms provide plenty of space for family, guests, or a home office. Enjoy low-maintenance ownership with an HOA that covers lawn maintenance, plus a private back patio and assigned parking. Conveniently located near shopping, restaurants, schools, public transportation, I-20, I-285, and downtown Atlanta, this property is in a location that continues to attract quality tenants. With no rental restrictions, this is an excellent opportunity for both seasoned and first-time investors looking for a property that's already generating income. Whether you're expanding your portfolio or purchasing your first investment property, this one is ready to start working for you the day you close. Schedule your showing today!
    23 hours
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rhonda Dennis 404-454-2162,

    Virtual Properties Realty.com

    Source: GAMLS,MLS#: 10816050MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Other
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Oven/Range (Combo), Refrigerator
      • Laundry: In Hall
      Features
      • Other
      • Flooring: Carpet, Vinyl
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 1,424
      • Total interior livable area: 1,424 sqft
      • Finished area above ground: 1,424
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Assigned
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 3,484 Square Feet
      • Features: Level
      Details
      • Parcel number: 15 071 03 076
      • Special conditions: Investor Owned,No Disclosure

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Brick Front
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Connected

      Community & HOA

      Community
      • Features: Sidewalks, Near Public Transport, Walk To Schools, Near Shopping
      • Subdivision: Waldrop STation
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds
      • HOA fee: $790 annually
      Location
      • Region: Decatur

      Financial & listing details

      • Price per square foot: $147/sqft
      • Tax assessed value: $192,500
      • Annual tax amount: $3,356
      • Date on market: 7/30/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $182,700

        $164,000 - $203,000

        $1,558/mo

        Price history

        DateEventPrice
        7/30/2026Listed for sale$209,900+13.5%$147/sqft
        Source: GAMLS #10816050 Report a problem
        6/7/2025Listing removed$1,895$1/sqft
        Source: Zillow Rentals Report a problem
        5/4/2025Price change$1,895-5%$1/sqft
        Source: Zillow Rentals Report a problem
        5/2/2025Listed for rent$1,995+30.8%$1/sqft
        Source: Zillow Rentals Report a problem
        4/30/2025Sold$185,000-7%$130/sqft
        Source: GAMLS #10463838 Report a problem
        3/30/2025Pending sale$199,000$140/sqft
        Source: GAMLS #10463838 Report a problem
        3/7/2025Listed for sale$199,000$140/sqft
        Source: GAMLS #10463838 Report a problem
        3/6/2025Pending sale$199,000$140/sqft
        Source: GAMLS #10463838 Report a problem
        2/21/2025Listed for sale$199,000-4.3%$140/sqft
        Source: GAMLS #10463838 Report a problem
        2/10/2025Listing removed$208,000$146/sqft
        Source: GAMLS #10427474 Report a problem
        12/16/2024Listed for sale$208,000+133.7%$146/sqft
        Source: GAMLS #10427474 Report a problem
        8/23/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/10/2023Listed for rent$1,525$1/sqft
        Source: Zillow Rentals Report a problem
        8/8/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/2/2023Listed for rent$1,525$1/sqft
        Source: Zillow Rentals Report a problem
        7/19/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/31/2023Price change$1,525+5.2%$1/sqft
        Source: Zillow Rentals Report a problem
        5/27/2023Price change$1,450-4.9%$1/sqft
        Source: GAMLS #20117076 Report a problem
        5/2/2023Price change$1,525-5.9%$1/sqft
        Source: Zillow Rentals Report a problem
        4/13/2023Listed for rent$1,620+62.8%$1/sqft
        Source: Zillow Rentals Report a problem
        2/11/2019Sold$89,000+64.8%$63/sqft
        Source: Public Record Report a problem
        1/4/2018Listing removed$995$1/sqft
        Source: All 3 Realty - Property # 443356 Report a problem
        12/18/2017Listed for rent$995$1/sqft
        Source: All 3 Realty LLC Report a problem
        7/29/2016Sold$54,000-7.4%$38/sqft
        Source: FMLS GA #5703588 Report a problem
        6/27/2016Pending sale$58,300$41/sqft
        Source: THE BRINKLEY REALTY GROUP LLC #5703588 Report a problem
        6/9/2016Listed for sale$58,300-35.7%$41/sqft
        Source: THE BRINKLEY REALTY GROUP LLC #5703588 Report a problem
        5/20/2016Sold$90,720-12%$64/sqft
        Source: Public Record Report a problem
        2/2/2016Sold$103,138-9.5%$72/sqft
        Source: Public Record Report a problem
        10/20/2004Sold$114,000$80/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,806 -9.5%$77,000 -10.7%
        2024$4,204 +11.2%$86,200 +10.9%
        2023$3,779 +25.1%$77,720 +26.7%
        2022$3,021 +30.7%$61,360 +35.8%
        2021$2,311 +22.3%$45,200 +27%
        2020$1,890 +2.5%$35,600 +3%
        2019$1,844 +22.4%$34,560 +29%
        2018$1,507 +17.8%$26,800 +24.3%
        2017$1,279 +120.8%$21,568 +14.5%
        2016$579 $18,840 +39.8%
        2014$579 $13,480
        2013-- $13,480
        2012-- $13,480 -29.6%
        2011-- $19,152 -30.8%
        2010$851 $27,680
        2009$851 -23.7%$27,680 -37.2%
        2008$1,115 -0.7%$44,080
        2007$1,123 $44,080
        2006$1,123 +10.9%$44,080 +3.5%
        2005$1,013 -41.3%$42,600 +14.3%
        2004$1,727 $37,280
        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.
        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

        Getting around

        9 / 100
        Car-Dependent
        35 / 100
        Some Transit
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Oak View
        • 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.

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