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.
Belvedere, located between Memorial Drive and Covington Highway, is a residential and commercial Belvedere Park neighborhood with mid-century ranch streetscapes and a corridor-style retail strip. The neighborhood’s character concentrates around the Memorial Drive and Columbia Drive intersection, where auto shops, small groceries, and takeout counters set a steady, street-level rhythm. Belvedere Park Plaza serves as a long-running local hub for everyday errands and casual bites. Nearby, the 57-acre Shoal Creek Park adds wooded trails and open fields that shape the area’s outdoor routine. Housing trends toward brick one-stories and modest lots, with pockets of apartments along the main roads. Side streets stay quieter while the arterials carry most of the motion.
Provided by Walk Score and Local Logic
Offer insights
1551 N Columbia Pl N · $325,000
$326K and above
75% chance or better to win
Why $326K+ is a strong offer
DAYS ON MARKET
49 days
The average home goes pending in 44 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
No shared/common walls
Other interior finishes
Bedrooms
Four main-level bedrooms
Primary suite on the main level
Bathrooms
Two full bathrooms (both on the main level)
Kitchen
Breakfast bar
Refrigerator included
Laundry & utility
Laundry located in the kitchen
Flooring
Other flooring
Heating & cooling
Natural gas heating
Central air conditioning (gas)
Exterior features
Other exterior features
Paved city street frontage
GPS-friendly directions
Home design
Single-story (one level)
Fee simple ownership
Resale property
Vinyl siding
Composition roof
Parking
Parking details not provided
Construction
Vinyl siding construction
Composition roof
Utilities
Public water
Public sewer
Electricity (110 volts)
Natural gas available
Electricity available
Other
Above-grade finished area approximately 1,600
Not a waterfront property
Electricity and solar
View estimated energy costs and solar savings for 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.
Public Records
Mar 10, 2025
Sold
$100,000
Public Records
Oct 26, 1982
Sold
$30,500
Year
Property tax
Land + Additions
Assessment*
2025
$3,451 (+12.0%)
$29,120 + $39,480
$68,600
2024
$3,081 (−2.1%)
$29,120 + $39,480
$68,600
2023
$3,148 (+27.6%)
$29,120 + $31,120
$60,240
2022
$2,467 (+5.6%)
$16,920 + $31,560
$48,480
2021
$2,337 (+8.7%)
$16,000 + $29,520
$45,520
2020
$2,149 (+7.3%)
$16,000 + $29,520
$45,520
2019
$2,003 (+21.5%)
$16,000 + $21,920
$37,920
2018
$1,648 (+268.3%)
$3,880 + $25,880
$29,760
2017
$447 (+9.1%)
$3,880 + $25,880
$29,760
2016
$410 (+20.9%)
$3,880 + $16,520
$20,400
2014
$339
$3,880 + $17,120
$21,000
2013
$339
$3,880 + $4,080
$7,960
2012
$339
$3,480 + $4,560
$8,040
2011
$339 (−28.4%)
$3,480 + $7,176
$10,656
2010
$474 (−52.8%)
$17,202 + $12,798
$30,000
2008
$1,003
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
1993
Finished Sq. Ft.
996
Unfinished Sq. Ft.
—
Total Sq. Ft.
996
Year built
1951
Style
Single Family Residential
County
DeKalb County
APN
15 186 05 026
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 1, 2026.
R-75
Residential Medium Lot-75 District
The purpose and intent of the board of commissioners in establishing the R-75 (Residential Medium Lot-75) District is as follows: To provide for the protection of neighborhoods within the county where lots have a minimum area of ten thousand square feet; To provide for compatible infill development in neighborhoods; To provide protections for existing development as new subdivisions are created; To provide flexibility in design on the interior of new development while protecting surrounding development; To assure that the uses and structures authorized in the R-75 (Residential Medium Lot-75) District are those uses and structures designed to serve the housing, recreational, educational, religious, and social needs of the neighborhood; To provide for appropriately sized accessible and useable open space in new developments for health, recreational and social opportunities for county residents; To implement the future development map of the county's most current comprehensive plan.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Garden center
Housing-Single unit
Public service
Golf related
Communications tower
Local insights from Redfin agents
DeKalb County offers diverse lifestyles, from established communities like Decatur and Avondale Estates to suburban neighborhoods throughout North and East DeKalb. Known for its culture, dining, green spaces, and MARTA access, DeKalb attracts buyers...