- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$512,500
Monthly Est:$2,551
-- Bed
-- Bath
--sqft
1610 Line Cir, Decatur, GA 30032
$512,500
$2,551/moEst:
Get Pre-Approved
Quadruplex
Built in 1961
$-- HOA
3,863.77 sqft lot
--/sqft
Description
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"
- Houzeo last checked: 2 hours ago
- Listing updated: August 16, 2026 at 2:05 pm
- Listing Provided by: Danielle Moore (404) 245-6400 | Real Time Realty Of Georgia, LLC. (404) 902-8935
- Source: First Multiple Listing Service-GA | MLS#: 7775029
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1961
HOA Fees
-
Finished Area
- sqft
Lot Size
3,863.77 sqft lot
Basement Area
- sqft
MLS Name
First Multiple Listing Service
MLS Number
7775029
MLS Status
Pending
Days on Market
141
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Window Features
Aluminum Frames
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Sewer
Public Sewer
Construction
Year Built
Year Built: 1961
Home type
Quadruplex
Property Condition
Resale
Construction Materials
Brick, Frame
Roof
Shingle
Utilities & Energy
Parking Features
Attached
Utilities
Electricity Available, Sewer Available, Water Available
Water Source
Public
Security Features
Carbon Monoxide Detector(s)
Other Features
Subdivision Name
Belvedere Park/line Circle Apts
Lot Features
Level
Community Features
None
Price History
| Date | Event | Price |
|---|---|---|
08/11/2026 Source: | Pending | $512,500 +2.50% $0/sqft |
07/03/2026 Source: | Price Decreased | $500,000 -9.09% $0/sqft |
05/27/2026 Source: | Price Decreased | $550,000 -8.33% $0/sqft |
05/21/2026 Source: | Listed for Sale | $600,000 +12.15% $0/sqft |
07/08/2025 Source: | Off Market | $535,000 $0/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Decatur, GA
Nearby New Homes For Sale
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Advertising Broker: Fred McGill | Simple Showing, Inc