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  • $490,000

    1627 Line Cir, Decatur, GA 30032

    8beds
    4baths
    --sqft
    Multi Family, Quadruplex
    Built in 1961
    -- sqft lot
    $490,100 Zestimate®
    $--/sqft
    $1,768 Estimated rent

    Home value

    $490,100

    $461,000 - $520,000

    $1,768/mo

    Zestimate® history
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    What's special

    Stainless steel appliancesGranite countertopsUpdated finishes
    Price improvement! Fully occupied 4-unit multifamily property in Decatur with all 2BR/1BA units and current in-place rents totaling $4,965/month, or $59,580 annualized. June and July rent have both been collected at the current rent roll, supporting the property's current stabilized income position. The property is located in an established rental area near shopping ( new Publix Coming), transit, and major roadways, offering immediate income with additional upside potential. Two units have been updated, including one unit fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances. The remaining units offer additional upside through future cosmetic updates and rent growth. Each unit features a functional 2-bedroom, 1-bathroom layout with strong rental appeal. The property has four separate electric meters, with tenants paying electric, and one water meter currently handled through a flat billing structure. Regular HOA dues are approximately $280/month and include landscaping, trash, street lights, and road maintenance. Buyer-facing financials are available upon request. Please do not disturb tenants.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynae Mamey 865-748-3574,

    Keller Williams Realty PeachtreeRoad

    Bought with:

    Ashley Griffin, 423546

    Century 21 Connect Realty

    Source: GAMLS,MLS#: 10770535MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Crawl Space
    • Has fireplace: No

    Property

    Parking
    • Parking features: Over 1 Space per Unit
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,876 Square Feet
    Details
    • Parcel number: 15 184 19 014
    • Special conditions: Agent/Seller Relationship,Covenants/Restrictions

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Quadruplex
    Materials
    • Brick
    Condition
    • Resale
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Individual Meters

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights, Near Public Transport, Near Shopping
    • Subdivision: Belevedere Park Apartments
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Maintenance Grounds, Other, Private Roads, Reserve Fund
    Location
    • Region: Decatur

    Financial & listing details

    • Tax assessed value: $361,600
    • Annual tax amount: $6,319
    • Date on market: 5/22/2026
    • Cumulative days on market: 78 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    9/11/2026Sold$490,000-6.6%
    Source: GAMLS #10770535 Report a problem
    8/8/2026Pending sale$524,900
    Source: GAMLS #10770535 Report a problem
    7/13/2026Price change$524,900-2.6%
    Source: GAMLS #10770535 Report a problem
    5/22/2026Listed for sale$539,000+34.3%
    Source: GAMLS #10770535 Report a problem
    1/3/2024Sold$401,234+0.3%
    Source: Public Record 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

    Neighborhood: Belvedere Park

    Nearby schools

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

    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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    Estimated market value
    $490,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $490,100