1551 Columbia Place

A 0.27-acre single family residence in Decatur.

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.

Property details

Where it sits

Mortgage estimate

An estimate of your monthly payment, including principal, interest, taxes, and insurance. Property taxes for this listing are $3,451 annually.

Frequently asked questions