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1610 Line Circle, Decatur, GA 30032

Decatur
Local realty services provided by:CENTURY 21 Novus
1610 Line Circle,Decatur, GA 30032
$507,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: danielle moore
Office: real time realty of georgia, llc.
MLS#:7775029
Source:FIRSTMLS

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Price summary

  • Price:$507,000

About this home

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...

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Home facts

  • Year built:1961
  • Subdivision & Development:BELVEDERE PARK/LINE CIRCLE APTS
  • Listing ID #:7775029
  • Updated:October 30, 2026 at 06:37 AM

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1961
  • Lot Features:Level
  • Construction Materials:Frame
  • Levels:2 Story

Schools

  • High school:Dekalb - Other
  • Middle school:Dekalb - Other
  • Elementary school:Dekalb - Other

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$507,000
  • Tax amount:$6,343 (2025)

Parking

  • Parking description:Attached
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