Cash-flowing single-family rental in Decatur with a long-term tenant in place paying $2,500/month. This 4-bedroom, 2-bath home offers approximately 1,926 square feet with a functional split-level layout, hardwood floors, fireplace, garage, and deck, all situated on a 0.40-acre lot in an established area with consistent rental demand. The property provides immediate income with no vacancy, making it a strong addition to an investment portfolio with upside potential over time. Sold as-is with tenant in place.
Active
$300,000
3766 Conley Downs Ln, Decatur, GA 30034
--beds
0baths
--sqft
Est.:
Other, Residential Income
Built in 1988
-- sqft lot
$297,900 Zestimate®
$--/sqft
$-- HOA
What's special
Hardwood floorsFunctional split-level layout
- 19 days |
- 194 |
- 9 |
Zillow last checked:
Listing updated:
Listing Provided by:
Ryan Bowen,
Berkshire Hathaway HomeServices Georgia Properties 404-266-8100
Source: FMLS GA,MLS#: 7760066
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Hardwood
- Windows: Double Pane Windows
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Has attached garage: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.35 Acres
- Features: Level
Details
- Parcel number: 15 040 02 031
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- Frame, Other
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available
Green energy
- Energy efficient items: Roof
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Conley Downs Ph 01
HOA
- Has HOA: No
Location
- Region: Decatur
Financial & listing details
- Tax assessed value: $234,500
- Annual tax amount: $4,568
- Date on market: 4/27/2026
- Cumulative days on market: 19 days
- Listing terms: Conventional
Estimated market value
$297,900
$283,000 - $313,000
$1,547/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Listed for sale | $300,000+361.5% |
Source:  GAMLS #10741674 Report a problem | ||
| 10/19/2016 | Listing removed | $65,000 |
Source: BHGRE METRO BROKERS #5745273 Report a problem | ||
| 10/19/2016 | Pending sale | $65,000-8.1% |
Source: BHGRE METRO BROKERS #5745273 Report a problem | ||
| 10/18/2016 | Sold | $70,739+8.8% |
Source:  FMLS GA #5745273 Report a problem | ||
| 9/20/2016 | Listed for sale | $65,000 |
Source: BHGRE METRO BROKERS #8066413 Report a problem | ||
| 9/14/2016 | Pending sale | $65,000 |
Source: BHGRE METRO BROKERS #8066413 Report a problem | ||
| 9/9/2016 | Listed for sale | $65,000+1.7% |
Source: BHGRE METRO BROKERS #5745273 Report a problem | ||
| 7/3/2012 | Listing removed | $900 |
Source: Solid Source Realty GA #03243740 Report a problem | ||
| 6/12/2012 | Listed for rent | $900 |
Source: Solid Source Realty GA #03243740 Report a problem | ||
| 12/30/2008 | Sold | $63,900-38.6% |
Source: Public Record Report a problem | ||
| 9/10/2008 | Sold | $104,146-16.7% |
Source: Public Record Report a problem | ||
| 2/2/2007 | Sold | $125,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,568 +20.6% | $93,800 +23.4% |
| 2024 | $3,788 +1.5% | $76,000 |
| 2023 | $3,733 -5.5% | $76,000 -7.2% |
| 2022 | $3,951 +12.3% | $81,880 +13.7% |
| 2021 | $3,519 +27.1% | $72,040 +31.1% |
| 2020 | $2,769 +11.6% | $54,960 +13.6% |
| 2019 | $2,482 +24.2% | $48,400 +29.8% |
| 2018 | $1,997 +27.7% | $37,280 +36.3% |
| 2017 | $1,564 +41.6% | $27,360 -17.6% |
| 2016 | $1,104 | $33,200 +184.2% |
| 2014 | $1,104 | $11,680 |
| 2013 | -- | $11,680 -19.1% |
| 2012 | -- | $14,440 -25.4% |
| 2011 | -- | $19,344 -36.3% |
| 2010 | $965 | $30,360 |
| 2009 | $965 -58.5% | $30,360 -38% |
| 2008 | $2,329 +79.4% | $48,960 |
| 2007 | $1,298 | $48,960 |
| 2006 | $1,298 +5.4% | $48,960 |
| 2005 | $1,231 +15.9% | $48,960 +11.2% |
| 2004 | $1,062 -1% | $44,040 |
| 2003 | $1,073 -40.4% | $44,040 +8.6% |
| 2002 | $1,800 +15.9% | $40,560 |
| 2001 | $1,553 | $40,560 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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
Nearby schools
GreatSchools rating
- 4/10Oakview Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Cedar Grove Middle SchoolGrades: 6-8Distance: 2.1 mi
- 1/10Cedar Grove High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Cedar Grove
- Middle: Cedar Grove
- High: Cedar Grove
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Dekalb County
- Decatur
- 30034
- 3766 Conley Downs Ln
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