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1610 Line Circle Decatur, GA 30032 1610 Line Circle Decatur, GA 30032 1610 Line Circle Decatur, GA 30032 1610 Line Circle Decatur, GA 30032 1610 Line Circle Decatur, GA 30032 1610 Line Circle Decatur, GA 30032 1610 Line Circle Decatur, GA 30032 1610 Line Circle Decatur, GA 30032 1610 Line Circle Decatur, GA 30032 1610 Line Circle Decatur, GA 30032 View All Photos

$512,500

Pending

1610 Line Circle

Decatur, GA 30032

0.09
Acres
85
Days on Market
7775029
MLS#
Multi-Family
Type
4 Family
Structure
Residential
Zone
Contact

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"

Property Details
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Cooling Features
Ceiling Fan(s), Central Air
View
Neighborhood
Lot Features
Level
Stories
2
Lot Description
Level
Acres
0.0887
Lot Size (sqft)
x
Parking Features
Attached
Parking Type
Garage
Property Type
Multi-Family
Year Built
1961
Roof
Shingle
Sewer Information
Public Sewer
Utility Source
Public
Utility Features
Electricity Available, Sewer Available, Water Available
Subdivision
BELVEDERE PARK/LINE CIRCLE APTS
Elementary School
Dekalb - Other
Middle School
Dekalb - Other
High School
Dekalb - Other
County
Dekalb - GA
Region
Decatur
Original List Price
$600,000
Taxes Annual
$6,343
MLS #
7775029
Property Subtype
Quadruplex
Parcel Number
15 184 19 019
MLS #
7775029
Property Condition
Resale
Date Listed
May 21, 2026
Address
1610 Line Circle
Location

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