Sold
Last Sold Price
8 beds
1600 Line Cir, Decatur, GA 30032
Multi FamilyProperty Type
0.3 acresLot Size
1961Year Built
6 carsParking Spaces

Description

Unlock a prime investment in Decatur with this well maintained brick quadruplex in a community of similarly situated multi-family homes! Enjoy 100% occupancy and steady rental income from the day you purchase it. Each unit features the same layouts with 2 bedrooms, 1 bathroom, and convenient washer/dryer connections. This property is a golden opportunity for savvy investors looking for a multi-family home.Unlock a prime investment in Decatur with this well maintained brick quadruplex in a community of similarly situated multi-family homes! Enjoy 100% occupancy and steady rental income from the day you purchase it. Each unit features the same layouts with 2 bedrooms, 1 bathroom, and convenient washer/dryer connections. This property is a golden opportunity for savvy investors looking for a multi-family home.
  • Listed by: Rachel Lipszyc • Azure Realty
Listing closed: 10/09/2024 12:00 AM • Source: FMLS, MLS#: 7428783

Recent comparable sales

Median sold price

$500,000

Avg days on market

62

Sale-to-list ratio

89.0%

Decatur, GA

9 comparable properties found

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Location

Listing Courtesy of Azure Realty, Rachel Lipszyc

Sold By ACC Realty, Paul Cobb

Add your commute

Payment Calculator

$2,958 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,414

Property Taxes

$544

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1600 Line Circle

Property Details
  • Taxes: $6,526 / year
  • MLS Type: Residential Income / Quadruplex
  • Subdivision Complex: Belvedere Apartments
  • Parking Features: Paved
  • Property Attached: No
  • Waterfront Features: None
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1961
  • Lot Size: 0.30 AC / 13,068 SF
Summary
Location and General Information
  • Community Features: Near Public Transport, Sidewalks, Other
  • Directions: use GPS
  • Lake Name: None
  • View: Other
  • Coordinates: -84.27935, 33.746132
Taxes and HOA Information
  • Parcel Number: 15 184 19 021
  • Tax Year: 2023
  • Association: No
  • Tax Legal Description: 15-184-19-021
  • Tax Lot: N/A
School Information
  • Elementary School: Peachcrest
  • High School: Towers
  • Middle School: Mary McLeod Bethune
Agent
Payment and Rate
  • Concessions Amt: $.00
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Basement: None
  • Levels/Stories: Two
  • Window Features: Wood Frames
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Level, Other
  • Acreage Source: Public Records
Multi Family
Multi-Family Information
  • Unit Count: 4
  • NUM OF UNITS: 4
Income & Expenses Information
  • Gross Annual Income: $4,490.00
Unit 1
  • Unit Deposit Amount: $1,990.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Wash/Dry Connect, Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,135.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $2,100.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Wash/Dry Connect, Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,225.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 3
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Wash/Dry Connect, Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,000.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 4
  • Unit Deposit Amount: $2,100.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Wash/Dry Connect, Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,195.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Terms: Conventional
  • Occupant Types: Tenant

Property History for 1600 Line Circle

DateEvent & SourcePriceAppreciation
Oct 9, 2024

Sold (Public Record)

Public Record #1543911968

$475,000

+10.4% / yr

Jul 29, 2019

Sold (Public Record)

Public Record #651218201

$284,000

+14.7% / yr

Jan 6, 2017

Sold (Public Record)

Public Record #588926445

$200,000

+1.0% / yr

DateEvent & SourcePrice
10/09/2024

Sold (Public Record)

Public Record #1543911968

$475,000

+10.4% / yr

07/29/2019

Sold (Public Record)

Public Record #651218201

$284,000

+14.7% / yr

01/06/2017

Sold (Public Record)

Public Record #588926445

$200,000

+1.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1600 Line Circle

Taxable ValueLand$13,018Additions$131,622Total$144,640
Tax Record2025$6,545 ($545 / month)
Home Facts
Total Finished SqFt3,864 SqFtAbove Grade Finished SqFt3,864 SqFtStories2Lot Size3,877 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningRM85CountyDEKALBAPN15 184 19 021Fireplace TypeHas Fireplace

Schools near 1600 Line Circle

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Peachcrest Elementary School
PublicPK to 5

Mary Mcleod Bethune Middle School
Public6 to 8

Towers High School
Public9 to 12

East Dekalb Special Education Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1600 Line Circle, Decatur, GA 30032
$475,000
8
13,068
$163,779
3,864
3,877
$210,000
$553,200
8,712
$365,000
3,864
3,877
$215,000
8
14,374

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Azure Realty, Rachel Lipszyc

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors.Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.