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Active96 days listed

1551 N Columbia Place N, Decatur, GA 30032

  • 4bd
  • 2ba
    • 0
  • 0.27ac lot

Single-family homeColumbia Drive 02

List price

$325,000

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FMLS IDXFMLS #7809597 · Listing Provided By EXP Realty, LLC. · 888-959-9461 · Listing agent Ashley Fairley

Location

1551 N Columbia Place N, Decatur GA 30032

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About this home

Welcome to 1551 Columbia Place, a fully renovated and income-producing opportunity in a central Decatur location. Expanded to approximately 1,600 square feet, this 4-bedroom, 2-bath home also includes a flexible bonus room or office, creating even more ways to maximize the space. Fresh exterior paint and a covered front porch give the home a welcoming first impression, while the renovated interior is already working for its next owner. The property is currently fully rented, offering the opportunity to step into an established income stream without taking on a major renovation project first. Continue operating the home with its existing tenants, explore a room-rental or co-living strategy, or occupy one room while renting the remaining spaces to help offset ownership costs. The layout may also support a variety of group or supportive housing models, subject to applicable zoning, licensing, and occupancy requirements. Located approximately 20 minutes from Hartsfield-Jackson Atlanta International Airport and Downtown Atlanta, the property offers convenient access to the city, employment centers, transportation, and everyday necessities. This is a rare chance to purchase a renovated property that is already occupied and positioned to generate revenue from day one. *All information provided is deemed reliable but not guaranteed and should be independently verified.

How this list price compares in Decatur

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
4
Full baths
2
Lot size
0.27 acres
Year built
1951
Levels
One
Main-level bedrooms
4
Style
Ranch
Construction
Vinyl Siding
Roof
Composition
Flooring
Other
Heating
Natural Gas
Cooling
Central Air, Gas
Appliances
Refrigerator
Lot
Open Lot
HOA
No
Annual tax
$3,451 (2024)
County
DeKalb

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $325,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$2,544/mo

Principal and interest
$2,009
Property tax
$288
Home insurance
$125
Mortgage insurance
$122
Loan amount
$292,500
Cash down
$32,500

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by EXP Realty, LLC., so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Decatur?

See the similar homes section on this page, or browse all homes for sale in Decatur, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

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