Introducing an unparalleled turnkey rental opportunity for investors. Experience the perfect blend of location, turnkey management, and income with this high-performance income property on the sought-after PadSplit Coliving platform. This 4-sided brick home, perched high above the street with ample parking, is strategically situated in a prime ITP location in Decatur. It's close (but not too close) to interstates and major arterials, ensuring superb connectivity. Generating over $4,500 per month in gross rental income ($50,000+ per year), this seasoned PadSplit coliving home offers a unique combination of cash flow and potential appreciation in a sought-after location. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 2x-3x cash flow. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. NOTE: The virtual 3D tour was taken immediately after renovation, listing photos are current.
Single-familyProperty Type
1959Year Built
0.3 acresLot Size
$147Est. Price/Sq.Ft.
2 spacesParking
Listed by Josh Stanton• Keller Williams Realty Metro Atlanta
Bought with Josh Stanton• Keller Williams Realty Metro Atlanta
Source:FMLS #7258759
Redfin Estimate
$287,069
$2,069 since sold in September 2023$2,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 9.4% lower than the average sale price ($317K) of 5 comparable homes.
Introducing an unparalleled turnkey rental opportunity for investors. Experience the perfect blend of location, turnkey management, and income with this high-performance income property on the sought-after PadSplit Coliving platform. This 4-sided brick home, perched high above the street with ample parking, is strategically situated in a prime ITP location in Decatur. It's close (but not too close) to interstates and major arterials, ensuring superb connectivity. Generating over $4,500 per month in gross rental income ($50,000+ per year), this seasoned PadSplit coliving home offers a unique combination of cash flow and potential appreciation in a sought-after location. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 2x-3x cash flow. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
FMLS #6546732
Jun 28, 2019
Sold
$167,000
$85/sq ft
Jun 2, 2019
Pending
—
May 2, 2019
Listed
$175,900
$90/sq ft
Curious about what makes Decatur so wonderful? Live like a local and find out for yourself at this charming full brick tri-level home. Picture yourself at home with plenty of space for entertaining and living. Large kitchen with breakfast nook. Large lower den can easily be converted into 5th bedroom. Fenced yard great for gatherings or pets. It's hard to list all of the indoor and outdoor features of this home. Schedule a tour today!
GAMLS #8575889
Jun 28, 2019
Sold
$167,000
$85/sq ft
Jun 2, 2019
Pending
—
May 2, 2019
Listed
$175,900
$90/sq ft
Public Records
Nov 14, 2005
Sold
$158,500
$81/sq ft
Public Records
Jul 13, 2005
Sold
$98,500
$50/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,333 (+5.0%)
$27,000 + $83,680
$110,680
2024
$5,078 (+9.4%)
$27,000 + $83,680
$110,680
2023
$4,643 (+19.2%)
$22,560 + $82,320
$104,880
2022
$3,894 (+13.0%)
$20,000 + $59,920
$79,920
2021
$3,444 (+15.9%)
$20,000 + $49,680
$69,680
2020
$2,972 (+78.3%)
$20,000 + $49,680
$69,680
2019
$1,667 (+42.7%)
$20,000 + $31,480
$51,480
2018
$1,168 (+12.8%)
$3,960 + $30,600
$34,560
2017
$1,036 (−1.8%)
$3,960 + $30,600
$34,560
2016
$1,055 (+89.1%)
$3,960 + $27,000
$30,960
2014
$558 (+1.0%)
$3,960 + $21,160
$25,120
2013
$553 (−2.8%)
$3,920 + $12,400
$16,320
2012
$569 (−23.0%)
$3,920 + $12,400
$16,320
2011
$738 (−32.6%)
$4,320 + $16,656
$20,976
2010
$1,096 (−7.9%)
$7,017 + $26,543
$33,560
2008
$1,190
Tax history for 3210 Thrasher Cir
Year
Property tax
Land + Additions
Assessment*
2025
$5,333 (+5.0%)
$27,000 + $83,680
$110,680
2024
$5,078 (+9.4%)
$27,000 + $83,680
$110,680
2023
$4,643 (+19.2%)
$22,560 + $82,320
$104,880
2022
$3,894 (+13.0%)
$20,000 + $59,920
$79,920
2021
$3,444 (+15.9%)
$20,000 + $49,680
$69,680
2020
$2,972 (+78.3%)
$20,000 + $49,680
$69,680
2019
$1,667 (+42.7%)
$20,000 + $31,480
$51,480
2018
$1,168 (+12.8%)
$3,960 + $30,600
$34,560
2017
$1,036 (−1.8%)
$3,960 + $30,600
$34,560
2016
$1,055 (+89.1%)
$3,960 + $27,000
$30,960
2014
$558 (+1.0%)
$3,960 + $21,160
$25,120
2013
$553 (−2.8%)
$3,920 + $12,400
$16,320
2012
$569 (−23.0%)
$3,920 + $12,400
$16,320
2011
$738 (−32.6%)
$4,320 + $16,656
$20,976
2010
$1,096 (−7.9%)
$7,017 + $26,543
$33,560
2008
$1,190
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
7
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
2003
Sq. Ft.
1,954
Year built
1959
Style
Single Family Residential
County
DeKalb County
APN
15 135 05 011
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
Property details
Parking
Parking Information
# of Carport Spaces: 2
Parking Features: Carport, Driveway
Open Parking: Yes
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Master Bathroom Features: None
Bedroom Information
# of Main Level Bedrooms: 1
Bedroom Features: Roommate Floor Plan,Split Bedroom Plan
Interior Features
Interior Features: Entrance Foyer, Low Flow Plumbing Fixtures, Other
Window Features: Double Pane Windows
Common Walls: No Common Walls
Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater, Refrigerator, Washer
Flooring: Hardwood, Laminate
Room Information
LaundryFeatures: Common Area, Laundry Room, Lower Level
Utilities: Electricity Available, Natural Gas Available, Water Available
Location
Multi-Family Information
# Of Units To Be Built: 0
School Information
Elementary School: Columbia
Middle Or Junior School: Columbia - Dekalb
High School: Columbia
Location Information
Directions: GPS Friendly
Road Surface Type: Asphalt
Road Frontage Type: City Street
Dekalb - GA
Public facts
Beds: 7
Baths: 2.0
Sq. Ft.: 1,954
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: 2003
County: DeKalb County
APN: 15 135 05 011
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Columbia Elementary School
Public PreK-5 • Assigned • 0.2mi
4/10
Columbia Middle School
Public 6-8 • Assigned • 1.6mi
3/10
Columbia High School
Public 9-12 • Assigned • 0.8mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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...