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Pending
  • Price increase: $12.5K (8/11)
    $512,500

    1610 Line Cir, Decatur, GA 30032

    8beds
    5baths
    --sqft
    : 
    $3,665/mo
    Get pre-qualified
    Quadruplex, Residential Income
    Built in 1961
    -- sqft lot
    $500,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Eat-in kitchenLaundry closet
    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"
    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#: 7775029MLS Logo

      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

        DateEventPrice
        8/15/2026Pending sale$512,500
        Source: FMLS GA #7775029 Report a problem
        8/11/2026Price change$512,500+2.5%
        Source: FMLS GA #7775029 Report a problem
        7/3/2026Price change$500,000-9.1%
        Source: FMLS GA #7775029 Report a problem
        5/27/2026Price change$550,000-8.3%
        Source: FMLS GA #7775029 Report a problem
        5/21/2026Listed for sale$600,000+12.1%
        Source: FMLS GA #7775029 Report a problem
        8/13/2025Listing removed$535,000
        Source: GAMLS #10437323 Report a problem
        7/8/2025Pending sale$535,000
        Source: GAMLS #10437323 Report a problem
        3/25/2025Price change$535,000-3.6%
        Source: GAMLS #10437323 Report a problem
        3/24/2025Price change$555,000-3.5%
        Source: GAMLS #10437323 Report a problem
        2/21/2025Price change$575,000-4.2%
        Source: GAMLS #10437323 Report a problem
        1/9/2025Listed for sale$600,000+71.4%
        Source: GAMLS #10437323 Report a problem
        2/15/2022Sold$350,000+0.3%
        Source: Public Record Report a problem
        1/1/2021Listing removed$349,000
        Source: Advance Equity Group, Inc. #6782230 Report a problem
        9/16/2020Listed for sale$349,000+320.5%
        Source: Advance Equity Group, Inc. #6782230 Report a problem
        3/9/2009Sold$83,000-58.5%
        Source: Public Record Report a problem
        1/4/2008Sold$199,957-23.1%
        Source: Public Record Report a problem
        8/18/2006Sold$260,000+44.4%
        Source: Public Record Report a problem
        11/9/2005Sold$180,000-29.9%
        Source: Public Record Report a problem
        2/28/2005Sold$256,753-0.1%
        Source: Public Record Report a problem
        2/17/2004Sold$257,000+110.7%
        Source: Public Record Report a problem
        11/19/2003Sold$122,000+59.9%
        Source: Public Record Report a problem
        7/5/2002Sold$76,300-59.8%
        Source: Public Record Report a problem
        1/14/2000Sold$190,000+15.2%
        Source: Public Record Report a problem
        3/5/1998Sold$165,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Belvedere Park

        Getting around

        40 / 100
        Car-Dependent
        36 / 100
        Some Transit
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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