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    • $539,000

    1627 Line Cir, Decatur, GA 30032

    8beds
    4baths
    --sqft
    : 
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    Quadruplex, Residential Income
    Built in 1961
    -- sqft lot
    $530,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Stainless steel appliancesGranite countertops
    Strong investment opportunity in Decatur with this well-maintained 4-unit multifamily property located in an established area near shopping and transit with consistent rental demand. Offering immediate income with additional upside potential, this property is well-positioned for both new and experienced investors. All units are currently occupied with stable rental history. Two units have been updated, including one unit fully renovated in 2024, featuring granite countertops and stainless steel appliances. The remaining two units offer additional upside potential through cosmetic updates and future rent growth. Each unit features a functional 2 bedroom, 1 bathroom layout with strong rental appeal. The property includes separate electric meters for each unit and a single water meter that is currently flat billed. Current in-place rents total $4,965 per month. Stabilized rental income is projected at approximately $5,200–$5,600 per month based on market rents. With a combination of stable in-place income and future upside potential, this property is a strong addition to any investment portfolio
    40 days
    |
    965
    |
    86
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynae Mamey,

    Keller Williams Realty Peachtree Rd. 404-419-3500

    Source: FMLS GA,MLS#: 7763237MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Features
      • Windows: None
      Video & virtual tour

      Property

      Parking
      • Parking features: Parking Lot, Paved
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: No Dock
      • Fencing: None
      • Has view: Yes
      • View description: Trees/Woods
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 3,863 Square Feet
      • Features: Sloped
      Details
      • Parcel number: 15 184 19 014

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Residential Income
      Materials
      • Brick 4 Sides
      • Roof: Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights, Other
      • Security: None
      • Subdivision: Belvedere Park
      HOA
      • Has HOA: No
      Location
      • Region: Decatur

      Financial & listing details

      • Tax assessed value: $361,600
      • Annual tax amount: $6,860
      • Date on market: 5/22/2026
      • Cumulative days on market: 39 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $530,000

        $504,000 - $557,000

        $1,519/mo

        Price history

        DateEventPrice
        5/22/2026Listed for sale$539,000+34.3%
        Source: GAMLS #10770535 Report a problem
        12/15/2023Sold$401,234+0.3%
        Source: FMLS GA #7290946 Report a problem
        11/1/2023Pending sale$399,900
        Source: FMLS GA #7290946 Report a problem
        10/18/2023Listed for sale$399,900+139.5%
        Source: FMLS GA #7290946 Report a problem
        3/28/2019Listing removed$699
        Source: HavenBrook Homes Report a problem
        1/12/2019Listed for rent$699
        Source: HavenBrook Homes Report a problem
        8/8/2018Sold$167,000+339.5%
        Source: Public Record Report a problem
        11/6/2012Sold$38,000-78.3%
        Source: Public Record Report a problem
        3/24/2006Sold$175,000-27.6%
        Source: Public Record Report a problem
        11/28/2005Sold$241,845-5.9%
        Source: Public Record Report a problem
        10/11/2004Sold$257,000+31.8%
        Source: Public Record Report a problem
        2/17/2000Sold$195,000+140.7%
        Source: Public Record Report a problem
        7/21/1999Sold$81,000-50.9%
        Source: Public Record Report a problem
        6/12/1998Sold$165,000+79.3%
        Source: Public Record Report a problem
        7/25/1996Sold$92,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,860 +0.1%$144,640
        2024$6,850 +5%$144,640
        2023$6,526 +26.1%$144,640 +25%
        2022$5,173 0%$115,680
        2021$5,173 +43.4%$115,680 +44.6%
        2020$3,607 $80,000
        2019$3,607 -0.2%$80,000
        2018$3,615 -0.2%$80,000
        2017$3,623 +50.2%$80,000 +52.7%
        2016$2,412 $52,400 +144.9%
        2014$2,412 $21,400
        2012-- $21,400 -34.4%
        2011-- $32,640 -61.9%
        2009$3,620 +4.4%$85,760
        2008$3,466 $85,760

        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: Belvedere Park

        Getting around

        35 / 100
        Car-Dependent
        39 / 100
        Some Transit
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Peachcrest
        • Middle: Mary McLeod Bethune
        • High: Towers

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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