$109,500
$16K PRICE DROP

Estimated payment $790/month

Total Views 1,485
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Turnkey 1,440 square ft rental investment just outside the perimeter. This is an excellent opportunity to own a spacious two-story rental in a professionally managed, non-rent-restricted community just minutes from Atlanta. 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!

Listing Agent

Zen Kramer

Ansley RE|Christie's Int'l RE License #446159 Listed on: 10/20/2025

Ansley RE|Christie's Int'l RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1973

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Laundry in unit

Parking

  • 1 Parking Space
  • Over 1 Space Per Unit

Schools

  • Bob Mathis Elementary School
  • Chapel Hill Middle School
  • Southwest Dekalb High School

Additional Features

  • 871 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Orchard Lane Subdivision

Listing and Financial Details

  • Tax Lot 90

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1973

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Levels: Two
  • Lot Size Acres: .02
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Other
  • Foundation Details: Slab
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: Over 1 Space per Unit
  • ParkingTotal: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 390
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Bob Mathis
  • High School: Southwest Dekalb
  • High School Bus: No
  • Middle School: Chapel Hill
  • Middle School Bus: No

Lot Info

  • Land Lot: 90
  • Lot: 90

Rental Info

  • Owner Pays: Garbage, Sewer, Trash Collection

Multi Family

  • Total Fireplaces: 1
  • NumberOfUnitsTotal: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2204

MLS Schools

  • Elementary Bus Line: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $2,190 $41,640 $5,600 $36,040
2024 $2,204 $42,000 $2,760 $39,240
2023 $2,204 $23,720 $3,200 $20,520
2022 $1,511 $27,840 $3,200 $24,640
2021 $1,255 $22,000 $3,200 $18,800
2020 $1,116 $18,840 $3,200 $15,640
2019 $898 $13,880 $1,600 $12,280
2018 $738 $12,400 $1,600 $10,800
2017 $1,049 $16,680 $1,600 $15,080
2016 $1,217 $21,000 $1,040 $19,960
2014 $552 $5,800 $760 $5,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2025 10/22/25 Price Changed $109,500 -12.4% --
10/20/2025 10/20/25 For Sale $125,000 +19.0% --
09/07/2023 09/07/23 Sold $105,000 0.0% $73 / Sq Ft View Prior Sale
09/07/2023 09/07/23 Sold $105,000 -4.5% $73 / Sq Ft View Prior Sale
08/23/2023 08/23/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $110,000 0.0% $76 / Sq Ft
04/05/2023 04/05/23 For Sale $110,000 0.0% $76 / Sq Ft
05/25/2021 05/25/21 Rented $1,000 0.0% --
04/29/2021 04/29/21 For Rent $1,000 0.0% --
10/18/2013 10/18/13 Sold $14,511 -2.6% $10 / Sq Ft View Prior Sale
09/11/2013 09/11/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $14,900 +2.7% $10 / Sq Ft
08/31/2013 08/31/13 Off Market $14,511 -- --
07/19/2013 07/19/13 Price Changed $14,900 -25.1% $10 / Sq Ft
07/04/2013 07/04/13 Price Changed $19,900 -33.4% $14 / Sq Ft
06/03/2013 06/03/13 For Sale $29,900 -- $21 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 --
Warranty Deed $14,511 --
Warranty Deed $23,066 --
Foreclosure Deed $23,066 --
Deed $46,000 --
Source: Public Records

Source: Georgia MLS

MLS Number: 10627991

Georgia MLS

APN: 15-090-06-023