1627 Line Cir

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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....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
  1. Listed by Lynae Mamey • Keller Williams Realty Peachtree Rd. • 404-419-3500

Property Details for 1627 Line Circle

Subdivision Complex
Belvedere Park
Num Of Parking Spaces
0
Parking Features
Parking Lot, Paved
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 06/13/2026 03:37 PM

Property Details for 1627 Line Circle

StatusActive
MLS #7763237
Days on Market29
Taxes$6,860 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1961
Lot Size0.09 AC / 3,863 SF
CountyDeKalb County

Location

Listing Courtesy of Keller Williams Realty Peachtree Rd., Lynae Mamey
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Building Information for 1627 Line Circle

Stories2Residences4Year Built1961Building Size-Lot Size0.09 AC / 3,863 SF

Payment Calculator

$3,258 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,686

Property Taxes

$572

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1627 Line Circle

Summary
Location and General Information
  • Community Features: Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights, Other
  • Directions: USE GPS
  • Lake Name: None
  • View: Trees/Woods
  • Coordinates: -84.279475, 33.744655
Taxes and HOA Information
  • Parcel Number: 15 184 19 014
  • Tax Year: 2025
  • Association: No
  • Tax Legal Description: ALL THAT TRACT OR PARCEL OF LAND LYING AND BEING IN LAND LOT 184 OF THE 15TH DISTRICT, DEKALB COUNTY, GEORGIA, BEING LOT 14, BELVEDERE PARK APARTMENTS SUBDIVISION, UNIT 1627, AS PER PLAT RECORDED IN PLAT BOOK 74, PAGE 66, DEKALB COUNTY, GEORGIA RECORDS.
School Information
  • Elementary School: Peachcrest
  • High School: Towers
  • Middle School: Mary McLeod Bethune
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Basement: Crawl Space
  • Levels/Stories: Two
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Dock: None
  • Fencing: None
  • Roof Type: Shingle
  • Security Features: None
  • Laundry Features: In Unit
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Proposed Financing: Cash, Conventional
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Sloped
  • Acreage Source: Public Records
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • Unit Count: 4
  • NUM OF UNITS: 4
Income & Expenses Information
  • Gross Annual Income: $59,580.00
Unit 1
  • Unit Deposit Amount: $1,260.00
  • Unit Electric Included: No
  • Unit Features: None
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,260.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $1,260.00
  • Unit Electric Included: No
  • Unit Features: None
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,260.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 3
  • Unit Deposit Amount: $1,500.00
  • Unit Electric Included: No
  • Unit Features: None
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,150.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 4
  • Unit Deposit Amount: $1,295.00
  • Unit Electric Included: No
  • Unit Features: None
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,295.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 1627 Line Circle

DateEvent & SourcePriceAppreciation
Jan 3, 2024

Sold (Public Record)

Public Record #1530291392

$401,234

+2.3% / yr

Sep 30, 2004

Sold (Public Record)

Public Record #308189549

$257,000
DateEvent & SourcePrice
01/03/2024

Sold (Public Record)

Public Record #1530291392

$401,234

+2.3% / yr

09/30/2004

Sold (Public Record)

Public Record #308189549

$257,000

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

Public Records for 1627 Line Circle

Taxable ValueLand$13,100Additions$131,540Total$144,640
Tax Record2025$6,860 ($572 / month)
Home Facts
Total Finished SqFt3,860 SqFtAbove Grade Finished SqFt3,860 SqFtStories2Lot Size3,877 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningRM85CountyDEKALBAPN15 184 19 014Fireplace TypeHas Fireplace

Schools near 1627 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.

Similar Homes

1627 Line Circle is a multi-family home for sale in Decatur, GA 30032. This property was listed for sale on May 22, 2026 by Keller Williams Realty Peachtree Rd., it's currently listed at $539,000. It has been on the market for a total of 29 days and was last sold on January 3, 2024. This listing's school district is Dekalb County School District. Nearby schools include Peachcrest Elementary School, Mary Mcleod Bethune Middle School and Towers High School. 1627 Line Circle is a 8-bed, 4-bath, multi-family home built in 1961.

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 Keller Williams Realty Peachtree Rd., Lynae Mamey

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.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 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.