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$539,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 hour ago
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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

Full Property Details for 1627 Line Cir

General

  • Price: $539,000
  • Taxes: $6,860 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: FMLS_Atlanta
  • MLS ID: 7763237
  • Updated: 5/26/2026
  • Added to Site: 4 day(s) ago

Additional Information

  • Amenities: Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights, Other
  • Security/Safety: None

Parking

  • Parking Features: Parking Lot, Paved

Location

  • County: Dekalb
  • Subdivision: Belvedere Park
  • Driving Directions: USE GPS

School Information

  • Elementary School: Peachcrest
  • Middle School: Mary McLeod Bethune
  • High School: Towers

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Sewer Available, Water Available

Structural Information

  • Detached/Attached: Detached
  • Exterior Const.: Brick 4 Sides
  • Roof: Shingle
  • Windows: None
  • Stories/Levels: Two
  • Year Built: 1961
  • Property Condition: Resale

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.0887
  • Lot Size Source: Public Records
  • Lot Dimensions: x
  • Lot Features: Sloped
  • Fencing (Description): None

Water Features

  • Docks: None

Financial Considerations

  • Tax Amount: $6,860
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 15 184 19 014

Listed by Keller Williams Realty Peachtree Rd.

FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, 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. © 2026 First Multiple Listing Service, Inc. Last Updated May 25 2026 1:12PM

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Listing agent

— 1627 Line Cir —

  • Keller Williams Realty Peachtree Rd.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1627 Line Cir

School District:Dekalb County School District
NameGradesDistance
Peachcrest Elementary School
1530 Joy Lane, Decatur, GA 30032
PK-51.9 mi
Mary Mcleod Bethune Middle School
5200 Covington Highway, Decatur, GA 30035
6-84.5 mi
Towers High School
3919 Brookcrest Circle, Decatur, GA 30032
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1627 Line Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Listed
$539,000
34.34%
MLS
1/03/2024
Sold
$401,234
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1627 Line Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,860
—
$144,640
—
2024
$6,850
5%
$144,640
—
2023
$6,526
26%
$144,640
25%
2022
$5,173
—
$115,680
—
2021
$5,173
—
$115,680
45%
2021
$5,173
43%
$80,000
—
2019
$3,607
—
$80,000
—
2017
$3,623
50%
$80,000
53%
2016
$2,412
126%
$52,400
—
2014
$1,065
—
$52,400
145%
2014
$1,065
—
$21,400
—
2013
$1,066
—
$21,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Realty Peachtree Rd.

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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, 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. © 2026 First Multiple Listing Service, Inc. Last Updated May 25 2026 1:12PM

1627 Line Circle, Decatur, GA 30032 (MLS# 7763237) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1627 Line Circle is currently listed for $539,000 and was received on May 22, 2026. Want to learn more about 1627 Line Circle? Do you have questions about finding other Multi-Family real estate for sale in Decatur? You can browse all Decatur real estate or contact a Coldwell Banker agent to request more information.

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