Save
Ask
Tour
Hide
Share
$512,500
116 Days On Site

1610 Line Circle
Decatur, GA 30032

Quadruplex|Pending
0
Beds
0
Total Baths
1961
Built
Subdivision:
BELVEDERE PARK/LINE CIRCLE APTS
County:
Dekalb
Listing Courtesy Of: Danielle Moore of Real Time Realty Of Georgia, LLC. Broker: 404-902-8935 Prefer Ph#:super_agent@aol.com

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (404) 377-9000
Is this the listing for you? We can help make it yours.
(404) 377-9000
1610 Line Circle1610 Line Circle1610 Line Circle1610 Line Circle
Save
Ask
Tour
Hide
Share

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"

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$512,500
Days On Site 
116 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0887 Acres
Year Built 
1961
MLS® Number 
7775029
Status 
Pending
Property Tax 
$6,343
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Pending
a month agoListing updated with changes from the MLS®
a month agoPrice changed to $512,500
4 months agoListing first seen on site
General Features
Acres 
0.0887
Attached Garage 
Yes
Levels 
Two
Parking 
Attached
Property Sub Type 
Quadruplex
Security 
Carbon Monoxide Detector(s)
Sewer 
Public Sewer
Utilities 
Electricity AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Ceiling Fan(s)Central Air
Heating 
Central
Window Features 
Aluminum Frames
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
BrickFrame
Fencing 
None
Lot Features 
Level
Roof 
Shingle
View 
Neighborhood
Waterfront Features 
None
Waterview 
Neighborhood
Windows/Doors 
Aluminum Frames
Community Features
Community Features 
None
Schools
School District
Unknown
Elementary School
Dekalb - Other
Middle School
Dekalb - Other
High School
Dekalb - Other
Listing Courtesy Of: Danielle Moore of Real Time Realty Of Georgia, LLC. Broker: 404-902-8935 Prefer Ph#:super_agent@aol.com

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and 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.



© 2017-2026 First Multiple Listing Service, Inc.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share