Excellent investment opportunity with strong rental potential. This 3-bedroom, 2-bath property offers a functional layout, updated kitchen, and low-maintenance features ideal for long-term tenants. Located in a high-demand rental area near shopping, schools, and major commuter routes. Spacious backyard and solid structure provide additional value-add potential. Great option for buy-and-hold investors, portfolio expansion, or first-time investors seeking steady cash flow.
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
Market insights
1564 Columbia Dr · $133,000
DAYS ON MARKET
142 days
The average home goes pending in 41 days.
SALE-TO-LIST
98.1%
Most homes are selling 2% below list price.
LIST PRICE
$133,000
Median sale price in this area is $388,826. (192% higher than this home)
PRICE DROP
3 price drops
27% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Entrance foyer
Open concept dining area
Living room
Partial basement
No common walls
Bedrooms
Three main-level bedrooms
Bedroom features: Other
Bathrooms
One full bathroom
Master bathroom with tub/shower combo
Kitchen
White cabinets
Eat-in kitchen
Laminate counters
Kitchen open to family room
Electric range
Refrigerator
Laundry & utility
Dedicated laundry room
Flooring
Vinyl
Heating & cooling
Forced air heating
Cooling: Other
Exterior features
City street frontage
Asphalt road access
Home design
One-level home
Resale property
Parking
Driveway
Open parking available
Construction
Vinyl siding
Composition roof
Slab foundation
Built above grade finished area
Utilities
Water: Other
Sewer: Other
Electric: Other
Utilities: Other
Electricity and solar
View estimated energy costs and solar savings for this home
Excellent investment opportunity with strong rental potential. This 3-bedroom, 2-bath property offers a functional layout, updated kitchen, and low-maintenance features ideal for long-term tenants. Located in a high-demand rental area near shopping, schools, and major commuter routes. Spacious backyard and solid structure provide additional value-add potential. Great option for buy-and-hold investors, portfolio expansion, or first-time investors seeking steady cash flow.
RENTLY #1
Oct 24, 2025
Rental Removed
$1,665
$2/sq ft
Oct 19, 2025
Price Changed
$1,665
$2/sq ft
Oct 18, 2025
Listed for Rent
$1,755
$2/sq ft
Public Records
Jun 16, 2021
Sold
$19,567,768
$17,724/sq ft
GAMLS #3274766
Dec 25, 2012
Listing Removed
—
Aug 22, 2012
Listed
$25,000
$23/sq ft
Public Records
Jan 20, 2009
Sold
$85,000
$77/sq ft
FMLS #3650816
Apr 14, 2008
Sold
$32,000
$29/sq ft
Feb 8, 2008
Listed
$34,500
$31/sq ft
Public Records
Oct 5, 2006
Sold
$96,600
$88/sq ft
Public Records
Aug 16, 2004
Sold
$134,000
$121/sq ft
Public Records
Apr 28, 2004
Sold
$97,000
$88/sq ft
Public Records
Mar 5, 2001
Sold
$73,000
$66/sq ft
Public Records
Mar 19, 1987
Sold
$49,000
$44/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,418 (+0.2%)
$26,380 + $41,260
$67,640
2024
$3,413 (+1.6%)
$26,380 + $41,260
$67,640
2023
$3,357 (+29.7%)
$26,380 + $41,260
$67,640
2022
$2,589 (+8.2%)
$15,240 + $35,840
$51,080
2021
$2,393 (+39.2%)
$14,400 + $32,200
$46,600
2020
$1,719
$14,400 + $32,200
$46,600
2019
$1,719 (−0.2%)
$3,436 + $27,804
$31,240
2018
$1,722 (+32.1%)
$3,480 + $27,760
$31,240
2017
$1,303 (−1.6%)
$3,480 + $27,760
$31,240
2016
$1,325 (+66.0%)
$3,480 + $18,640
$22,120
2014
$798 (+119.7%)
$3,480 + $18,720
$22,200
2013
$363 (−1.2%)
$3,480 + $4,280
$7,760
2012
$368 (−0.3%)
$3,120 + $4,680
$7,800
2011
$369 (−60.9%)
$3,120 + $6,960
$10,080
2010
$942 (−52.5%)
$21,038 + $8,882
$29,920
2008
$1,983
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.39 Acres
Year renovated
1993
Finished Sq. Ft.
1,104
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,104
Year built
1949
Style
Single Family Residential
County
DeKalb County
APN
15 186 06 005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 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...
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
5/10 Wind Factor
25% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Decatur, GA • 30032
Average low and high temperatures (°F)
51
33
61
40
71
48
78
56
79
62
86
69
91
74
84
69
83
66
75
55
67
48
57
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 9% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1564 Columbia Dr
$125,705
$7,295 under list price of $133K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $135K to $295K.