3178 Nectarine Cir Decatur, GA 30034
Southwest DeKalb NeighborhoodEstimated payment $817/month
Highlights
- EarthCraft House
- Storm Windows
- Accessible Doors
- Cul-De-Sac
- Accessible Bedroom
- Accessible Electrical and Environmental Controls
About This Home
Turnkey 1.100 square ft rental investment just outside the perimeter. This is an excellent opportunity to own a spacious one story rental in a professionally managed, non-rent-restricted community just minutes from Atlanta. Currently Rented to a Section 8 Tenant for $1360 per month. you will have instant income Section 8 GUARANTEED INCOME ... 9% CAP RATE...EXCELLENT CONDITION NEEDS NO WORK ..SECTION 8 INCOME ..
This cash-flowing rental exceeds the 1% rule in an up-and-coming pocket within the city of Decatur, representing a strong value-add opportunity for savvy investors. The location offers exceptional tenant appeal close to Flat Shoals Crossing shopping center for groceries and dining, and surrounded by outdoor amenities like Flat Shoals Creek, the Michelle Obama Trail, and Rainbow Park. Even more exciting, the rental is steps from The Gallery at South DeKalb, which is set to undergo a multi-million dollar redevelopment into a major MARTA bus transit hub by 2026.
This future connectivity will make commuting to and from Atlanta even easier, enhancing the area's long-term rental demand. Owner is selling as part of a broader portfolio shift. A rare chance to invest in a high-demand, rapidly growing area!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,200
Year Built
- Built in 1973 | Remodeled
Lot Details
- 871 Sq Ft Lot
- Lot Dimensions are 25 x 55
- Cul-De-Sac
- Back Yard Fenced
Home Design
- Asbestos Shingle Roof
- Lap Siding
Interior Spaces
- 1-Story Property
- Furniture Can Be Negotiated
- Window Treatments
- Luxury Vinyl Tile Flooring
Home Security
- Storm Windows
- Carbon Monoxide Detectors
Parking
- 2 Car Garage
- Carport
- Driveway Level
Accessible Home Design
- Accessible Elevator Installed
- Accessible Full Bathroom
- Accessible Bedroom
- Accessible Common Area
- Accessible Kitchen
- Central Living Area
- Accessible Hallway
- Accessible Doors
- Accessible Entrance
- Accessible Electrical and Environmental Controls
Eco-Friendly Details
- EarthCraft House
- Energy-Efficient Thermostat
Schools
- Bob Mathis Elementary School
- Chapel Hill - Dekalb Middle School
- Southwest Dekalb High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Community Details
- Orchard Lane Subdivision
Listing and Financial Details
- Assessor Parcel Number 15 090 05 046
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,209 | $42,120 | $3,200 | $38,920 |
| 2023 | $2,209 | $28,320 | $3,200 | $25,120 |
| 2022 | $974 | $15,600 | $2,280 | $13,320 |
| 2021 | $1,046 | $17,240 | $3,200 | $14,040 |
| 2020 | $940 | $14,840 | $3,200 | $11,640 |
| 2019 | $761 | $10,760 | $1,600 | $9,160 |
| 2018 | $650 | $9,640 | $1,600 | $8,040 |
| 2017 | $969 | $12,840 | $1,600 | $11,240 |
| 2016 | $1,058 | $17,400 | $1,040 | $16,360 |
| 2014 | $592 | $6,680 | $1,040 | $5,640 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | Price Changed | $119,000 | -7.8% | -- |
| 07/30/2025 07/30/25 | Price Changed | $129,000 | -4.4% | -- |
| 06/04/2025 06/04/25 | Price Changed | $135,000 | +3.1% | -- |
| 05/21/2025 05/21/25 | For Sale | $131,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Limited Warranty Deed | $39,000 | -- | |
| Warranty Deed | $30,000 | -- | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $15,500 | -- | |
| Warranty Deed | $39,000 | -- | |
| Foreclosure Deed | -- | -- | |
| Deed | $25,000 | -- |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7583740
APN: 15-090-05-046
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. 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 visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
- 3193 Nectarine Cir
- 3184 Nectarine Cir
- 3210 Quincetree Ln
- 3148 Nectarine Cir Unit 3148
- 3223 Strawberry Ln
- 3254 Strawberry Ln
- 2941 Vining Ridge Terrace
- 2793 Vining Ridge Terrace Unit 145
- 2896 Vining Ridge Terrace Unit 89
- 3092 Cedar Crest Way
- 2805 Vining Ridge Terrace
- 2891 Vining Ridge Terrace
- 2870 Vining Ridge Terrace
- 3243 Shoals Park Dr
- 2858 Vining Ridge Terrace
- 3156 Tangerine Ct
- 2852 Vining Ridge Terrace
- 3184 Nectarine Cir
- 3193 Nectarine Cir
- 3126 Cedar Crest Way
- 4029 Flat Shoals Pkwy
- 4035 Flat Shoals Pkwy
- 2795 Vining Ridge Terrace
- 2870 Vining Ridge Terrace
- 3345 Springside Trace
- 3800 Flat Shoals Pkwy
- 3340 Waldrop Trail
- 3859 Flat Shoals Pkwy
- 3110 Lumby Ct
- 3389 Waldrop Trail
- 3450 Waldrop Trail
- 17301 Waldrop Cove
- 3548 Waldrop Trail
- 3473 Waldrop Trail
- 3153 Kingswood Glen
- 3915 Waldrop Ln
- 3051 Lumby Dr