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1610 Line Circle Decatur, GA $ 512,500
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$ 512,500 Get more info
1610 Line Circle
$ 512,500
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1610 Line Circle

Decatur, GA, 30032
$ 512,500
Baths0.0

Monthly Estimate*

$ 3,236

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Studio

Multi-Family Home for sale in Decatur, GA

for $512,500. This home was built in 1961 on a lot size of 0.0887.

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"

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Multi-Family Pending

Price

$ 512,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,343

Style

Lot Size

0.0887

Year Built

1961

Town/City

Decatur

County/Region

Dekalb

MLS | Web ID

7775029
Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Available Sewer Available Water Available
Roof Shingle
Security Features Carbon Monoxide Detector(s)
Construction Materials Brick Frame
Year Built 1961
View Neighborhood
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Parcel Number 15 184 19 019
Gross Income 4745
Waterfront Features None
Community Features None
Accessibility None
County Dekalb - GA
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name BELVEDERE PARK/LINE CIRCLE APTS
Green Energy Generation None
Status Pending
Directions google - glenwood to line street or Memorial drive to line street
High School Dekalb - Other
City Decatur
Body of Water None
Number Of Units Total 4
Elementary School Dekalb - Other
Property Attached Y/N false
Tax Annual Amount 6343
Home Warranty Y/N false
Middle/Junior High School Dekalb - Other
Property Condition Resale
Standard Status Pending
Freehold IDX
Corporate Owner Investor Owned
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Interior
Window Features Aluminum Frames
Total Baths 0
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Exterior
Fencing None
Parking Features Attached
Lot Features Level
Water Source Public
Lot Dimensions x
Lot Size Acres 0.0887
Lot Size Source Public Records
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* Excluded Features
List By
Danielle Moore

Listing Agent

Real Time Realty Of Georgia, Llc.

Broker

super_agent@aol.com

Email

Affordability Calculator

$3,765
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,236
Monthly Property Taxes
$529
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1926233 Elementary School
1927206 Middle School
Dekalb - Other High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/11/2026$512,500 2.50% Price Up
7/3/2026$500,000 -9.09% Price Down
5/27/2026$550,000 -8.33% Price Down
5/21/2026$600,000 Listed Price

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1610 Line Circle, Decatur, GA, 30032 is a Multi-Family Home for sale at $512,500 with a lot size of 0.0887. 1610 Line Circle is a studio with 0.0 baths and was built in 1961. The property's zip code is 30032 which is in Decatur, GA

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