7.19% cap rate at the current asking price. HIGHEST & BEST REQUESTED BY 8/15/2026 | NO SHOWINGS WITHOUT UPDATED POF FULLY OCCUPIED 4-UNIT INVESTMENT PROPERTY established in Belvedere Park! All four units are 2BR/1BA and currently produce $4,745/month / $56,940 annually in gross rents. Seller-reported stabilized NOI is approximately $36,869, offering an attractive 7.19% cap. All units were fully updated as of March 2024, including HVAC, electrical, plumbing, flooring, appliances, lighting, and interior finishes. Each unit features an eat-in kitchen, laundry closet and functional 2BR/1BA layout. Electricity is individually metered through Georgia Power; water/sewer is on one master line with flat billing. HOA is approximately $280/month for the entire 4-unit building — not per unit. Interior foyer provides private access to all units, with covered rear patio space for the lower-level residences. Convenient to shopping, restaurants, public transportation, Downtown Decatur and surrounding redevelopment. Turnkey, income-producing asset with immediate cash flow and long-term upside. **Rent roll and seller-reported NOI available. Please do not disturb tenants.** Closing Atty: Heritage Closing Firm "THIS PROPERTY IS PURCHASED AS IS"
Pending
Price increase: $12.5K (8/11)
$512,500
1610 Line Cir, Decatur, GA 30032
8beds
5baths
--sqft
Quadruplex, Residential Income
Built in 1961
-- sqft lot
$500,000 Zestimate®
$--/sqft
$-- HOA
What's special
Eat-in kitchenLaundry closet
- 116 days
- 233
- 6
Zillow last checked:
Listing updated:
Listed by:
Danielle Moore,
Real Time Realty Of Georgia, LLC. 404-902-8935
Source: FMLS GA,MLS#: 7775029
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Video & virtual tour
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 3,863 Square Feet
- Features: Level
Details
- Parcel number: 15 184 19 019
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Brick, Frame
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: Carbon Monoxide Detector(s)
- Subdivision: Belvedere Park/Line Circle Apts
HOA
- Has HOA: No
Location
- Region: Decatur
Financial & listing details
- Tax assessed value: $350,000
- Annual tax amount: $6,343
- Date on market: 5/21/2026
- Cumulative days on market: 114 days
- Electric utility on property: Yes
Estimated market value
$500,000
$475,000 - $525,000
$1,536/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Pending sale | $512,500 |
Source: | ||
| 8/11/2026 | Price change | $512,500+2.5% |
Source: | ||
| 7/3/2026 | Price change | $500,000-9.1% |
Source: | ||
| 5/27/2026 | Price change | $550,000-8.3% |
Source: | ||
| 5/21/2026 | Listed for sale | $600,000+12.1% |
Source: | ||
| 8/13/2025 | Listing removed | $535,000 |
Source: | ||
| 7/8/2025 | Pending sale | $535,000 |
Source: | ||
| 3/25/2025 | Price change | $535,000-3.6% |
Source: | ||
| 3/24/2025 | Price change | $555,000-3.5% |
Source: | ||
| 2/21/2025 | Price change | $575,000-4.2% |
Source: | ||
| 1/9/2025 | Listed for sale | $600,000+71.4% |
Source: | ||
| 2/15/2022 | Sold | $350,000+0.3% |
Source: Public Record Report a problem | ||
| 1/1/2021 | Listing removed | $349,000 |
Source: Advance Equity Group, Inc. #6782230 Report a problem | ||
| 9/16/2020 | Listed for sale | $349,000+320.5% |
Source: Advance Equity Group, Inc. #6782230 Report a problem | ||
| 3/9/2009 | Sold | $83,000-58.5% |
Source: Public Record Report a problem | ||
| 1/4/2008 | Sold | $199,957-23.1% |
Source: Public Record Report a problem | ||
| 8/18/2006 | Sold | $260,000+44.4% |
Source: Public Record Report a problem | ||
| 11/9/2005 | Sold | $180,000-29.9% |
Source: Public Record Report a problem | ||
| 2/28/2005 | Sold | $256,753-0.1% |
Source: Public Record Report a problem | ||
| 2/17/2004 | Sold | $257,000+110.7% |
Source: Public Record Report a problem | ||
| 11/19/2003 | Sold | $122,000+59.9% |
Source: Public Record Report a problem | ||
| 7/5/2002 | Sold | $76,300-59.8% |
Source: Public Record Report a problem | ||
| 1/14/2000 | Sold | $190,000+15.2% |
Source: Public Record Report a problem | ||
| 3/5/1998 | Sold | $165,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,343 +0.2% | $140,000 |
| 2024 | $6,333 +0.2% | $140,000 |
| 2023 | $6,323 +22.2% | $140,000 +21% |
| 2022 | $5,173 0% | $115,680 |
| 2021 | $5,173 +43.4% | $115,680 +44.6% |
| 2020 | $3,607 -2.4% | $80,000 |
| 2019 | $3,695 -2.5% | $80,000 |
| 2018 | $3,791 +2.1% | $80,000 |
| 2017 | $3,711 +53.9% | $80,000 +52.7% |
| 2016 | $2,412 | $52,400 +144.9% |
| 2014 | $2,412 | $21,400 |
| 2012 | -- | $21,400 -34.5% |
| 2011 | -- | $32,680 -34.6% |
| 2009 | $2,149 -34.1% | $49,960 -36.4% |
| 2008 | $3,261 | $78,560 |
| 2006 | $3,261 | $78,560 |
Find assessor info on the county website
Monthly payment
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