1627 Line Circle

Closed 9/11/26
Closed 9/11/26
Gallery Image 1
Sold
Last Sold Price
$490,000
8 beds
1627 Line Cir, Decatur, GA 30032
Multi FamilyProperty Type
0.09 acresLot Size
1961Year Built

Description

Price improvement! Fully occupied 4-unit multifamily property in Decatur with all 2BR/1BA units and current in-place rents totaling $4,965/month, or $59,580 annualized. June and July rent have both been collected at the current rent roll, supporting the property’s current stabilized income position. The property is located in an established rental area near shopping ( new Publix Coming), transit, and major roadways, offering immediate income with additional upside potential. Two units have been updated,...Price improvement! Fully occupied 4-unit multifamily property in Decatur with all 2BR/1BA units and current in-place rents totaling $4,965/month, or $59,580 annualized. June and July rent have both been collected at the current rent roll, supporting the property’s current stabilized income position. The property is located in an established rental area near shopping ( new Publix Coming), transit, and major roadways, offering immediate income with additional upside potential. Two units have been updated, including one unit fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances. The remaining units offer additional upside through future cosmetic updates and rent growth. Each unit features a functional 2-bedroom, 1-bathroom layout with strong rental appeal. The property has four separate electric meters, with tenants paying electric, and one water meter currently handled through a flat billing structure. Regular HOA dues are approximately $280/month and include landscaping, trash, street lights, and road maintenance. Buyer-facing financials are available upon request. Please do not disturb tenants.
  • Listed by: Lynae Mamey • Keller Williams Realty Peachtree Rd. 404-419-3500
Listing closed: 09/11/2026 12:00 AM • Source: FMLS, MLS#: 7763237
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Location

Listing Courtesy of Keller Williams Realty Peachtree Rd., Lynae Mamey

Sold By Century 21 Connect Realty, Ashley Griffin

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$3,104 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,532

Property Taxes

$572

HOA Dues

$0

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Property Information for 1627 Line Circle

Property Details
  • Taxes: $6,860 / year
  • MLS Type: Residential Income / Quadruplex
  • County: DeKalb County
  • Subdivision Complex: Belvedere Park
  • Num Of Parking Spaces: 0
  • Parking Features: Parking Lot, Paved
  • Property Attached: No
  • Waterfront Features: None
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1961
  • Lot Size: 0.09 AC / 3,863 SF
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
Agent
Payment and Rate
  • Concessions Amt: $.00
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
  • Terms: Conventional
  • 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 Size3,864 SqFtStyleMulti-Family Res (5+ Units)Year Built1961Year Renovated1961ZoningRM85CountyDEKALBAPN15-184-19-014

Schools near 1627 Line Circle

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Peachcrest Elementary School
Public - PK to 5
Mary Mcleod Bethune Middle School
Public - 6 to 8
Towers High School
Public - 9 to 12
East Dekalb Special Education Center
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: 1627 Line Circle, Decatur, GA 30032
$490,000
8
–
3,863
1625 Line Circle, Unit 2, Decatur, GA 30032
$430,000
–
–
3,864
3,864
1635 Line Circle, Decatur, GA 30032
$178,000
–
–
3,864
3,877
1621 Line Circle, Decatur, GA 30032
$412,500
–
–
3,864
3,877
1630 Line Street, Unit R, Decatur, GA 30032
–
–
–
–
300,564
1630 Line Street, Decatur, GA 30032
$86,000
–
–
–
14,374

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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, 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.