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Listing provided courtesy of Keller Williams Realty Peachtree Rd.MLS# 7763237MLS Provider
  • 39 days on site
  • 2 views

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

Source: FMLS, MLS#: 7763237

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  • Property Type
    Residential Income
  • Lot
    0.09 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1627 Line Circle

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/4/2026Source: Georgia MLS Status Change
Active
5/23/2026Source: FMLS Status Change
Active
5/22/2026Source: Georgia MLS Added to Database
May 22, 2026
5/22/2026Source: FMLS Added to Database
May 22, 2026
12/18/2023Source: FMLS Status Change
Closed
11/1/2023Source: FMLS Status Change
Pending
10/18/2023Source: FMLS Added to Database
October 18, 2023