3178 Nectarine Circle Decatur, GA $ 99,000
3178 Nectarine Circle
$ 99,000
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3178 Nectarine Circle

Decatur, GA, 30034
$ 99,000
Bedrooms2 Baths1.0

Monthly Estimate*

$ 610

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Multi-Family Home for sale in Decatur, GA

for $99,000 with 2 bedrooms and 1 full bath. This home was built in 1973 on a lot size of 0.02.

Turnkey 1.100 square ft rental investment just outside the perimeter. This is an excellent opportunity to own a spacious one story rental in a professionally managed, non-rent-restricted community just minutes from Atlanta. Currently Rented to a Section 8 Tenant for $1360 per month. you will have instant income Section 8 GUARANTEED INCOME ... 9% CAP RATE...EXCELLENT CONDITION NEEDS NO WORK ..SECTION 8 INCOME .. This cash-flowing rental exceeds the 1% rule in an up-and-coming pocket within the city of Decatur, representing a strong value-add opportunity for savvy investors. The location offers exceptional tenant appeal close to Flat Shoals Crossing shopping center for groceries and dining, and surrounded by outdoor amenities like Flat Shoals Creek, the Michelle Obama Trail, and Rainbow Park. Even more exciting, the rental is steps from The Gallery at South DeKalb, which is set to undergo a multi-million dollar redevelopment into a major MARTA bus transit hub by 2026. This future connectivity will make commuting to and from Atlanta even easier, enhancing the area's long-term rental demand. Owner is selling as part of a broader portfolio shift. A rare chance to invest in a high-demand, rapidly growing area!

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Multi-Family Active

Price

$ 99,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,200

Style

Lot Size

0.02

Year Built

1973

Town/City

Decatur

County/Region

Dekalb

MLS | Web ID

7583740

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Underground Utilities Water Available
Possession Close Of Escrow
Roof Asbestos Shingle
Security Features Carbon Monoxide Detector(s)
Construction Materials Lap Siding
Year Built 1973
View Other
Levels One
Property Subtype Other
Tax Year 2024
Parcel Number 15 090 05 046
Gross Income 16560
Waterfront Features N
Community Features None
Accessibility Accessible Bedroom Accessible Doors Accessible Electrical and Environmental Controls Accessible Elevator Installed Accessible Entrance Accessible Full Bath Accessible Hallway(s) Accessible Kitchen
County Dekalb - GA
Net Operating Income 11410
Operating Expense 5150
Property Type Residential Income
HOA No
Energy Efficient Thermostat
Subdivision Name Orchard Lane
Green Energy Generation None
Status Active
Directions GPS
High School Southwest Dekalb
City Decatur
Body of Water None
Number Of Units Total 1
Green Building Verification Type EarthCraft Home
Elementary School Bob Mathis
Property Attached Y/N No
Tax Annual Amount 2200
Home Warranty Y/N No
Middle/Junior High School Chapel Hill - Dekalb
Property Condition Updated/Remodeled
Standard Status Active
Occupancy Type Tenant
Cap Rate 9
Legal Description Parcel ID 15 090 05 046
Freehold IDX BBO
Corporate Owner None
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Interior
Flooring Luxury Vinyl
Furnished Y/N Negotiable
Window Features Storm Window(s) Window Treatments
Total Baths 0
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Exterior
Fencing Back Yard
Parking Features Carport Garage Level Driveway
Lot Features Cul-De-Sac
Water Source Public
Total Parking 2
Lot Dimensions 25 x 55
Lot Size Acres 0.02
Lot Size Source Estimated
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Internal Only
Street Number 1 3178
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* Excluded Features
List By
James McGeehan

Listing Agent

Virtual Properties Realty. Biz

Broker

jmcgeehan52@gmail.com

Email

Affordability Calculator

$793
Per Month
77%
23%
0%
Monthly Principal & Interest
$610
Monthly Property Taxes
$183
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1929170 Elementary School
1929092 Middle School
Southwest Dekalb High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$99,000 -9.17% Price Down
10/16/2025$109,000 -8.40% Price Down
9/1/2025$119,000 -7.75% Price Down
7/30/2025$129,000 -1.53% Price Down
6/4/2025$131,000 Listed Price

Map


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3178 Nectarine Circle, Decatur, GA, 30034 is a Multi-Family Home for sale at $99,000 with a lot size of 0.02. 3178 Nectarine Circle has 2 bedrooms, 1.0 baths, and was built in 1973. The property's zip code is 30034 which is in Decatur, GA