- 3 beds
- 3 baths
- 1,307 sqft lot
- 1973 build
- – on site
INVESTOR ALERT! 9.82% CAP RATE - Turnkey, Tenanted Decatur Condo - PRICED FOR PERFORMANCE! Attention Savvy Investors and Portfolio Builders! Seize this rare opportunity to acquire a high-performing, turnkey rental asset in a sought-after Decatur location. This renovated condo is an investor's dream, delivering immediate cash flow from day one with a strong tenant already in place. Generating an impressive $2,150 in gross monthly rent, the numbers on this property speak for themselves, projecting a robust ~9.82% CAP RATE after factoring in HOA fees, taxes, insurance, and a conservative 20% reserve for vacancy and maintenance. This is not a typical listing. This property has undergone a rigorous, data-driven VALID™ Financial Assessment, ensuring the financial projections are transparent and vetted for performance. The work has been done for you – acquire the asset and start collecting rent. This is the definition of a strategic portfolio addition. Priced aggressively for a swift transaction, this is your chance to secure a powerful income-producing property without the headaches of renovation and tenant placement. CRITICAL INFORMATION FOR ALL BUYERS AND AGENTS: 1. PROPERTY IS SOLD STRICTLY "AS-IS": The property is offered in its current condition. The seller will make NO repairs, warranties, or concessions. Buyer is responsible for all due diligence. 2. PROPERTY IS SOLD "AS OCCUPIED": This property is tenant-occupied and will be sold with the tenant in place. The buyer will assume the current lease and tenant. There will be NO vacant delivery. 3. DO NOT DISTURB TENANTS: Under NO circumstances should anyone approach the property or disturb the tenants. All showings and inquiries MUST be scheduled and coordinated exclusively through the listing agent. Unauthorized contact will result in immediate disqualification of the offer. Showing Instructions: All showings require proof of funds or a lender pre-approval letter for an investor loan. 24--hour notice is required.
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Last updated Jul 8, 2025
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MLS# 7599115 —
The Building
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Year Built:1973
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Construction Materials:Wood Siding
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Building Area Source:Public Records
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Architectural Style:Townhouse
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Levels:Two
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Foundation Details:Slab
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Roof:Composition
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Basement:None
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Common Walls:2+ Common Walls
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Exterior Features:Awning(s)
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Window Features:Double Pane Windows
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Security Features:None
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Patio And Porch Features:None
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Accessibility Features:None
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Green Energy Efficient:None
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Building Area Total:1771
Interior
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Interior Features:High Ceilings 9 ft Main
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Kitchen Features:None
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Dining Room Features:None
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Flooring:Luxury Vinyl
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Other Equipment:None
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Laundry Features:Other
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Fireplace Features:None
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Room Type:Other
Location
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Directions:GPS Friendly
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Latitude:33.710525
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Longitude:-84.192594
The Property
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Parcel Number:16 009 02 037
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Property Type:Residential Attached
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Resale
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Lot Features:Other
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Lot Size Acres:0.03
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Lot Size Dimensions:43 x 31
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Lot Size Source:Public Records
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View:Other
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Fencing:None
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Horse Amenities:None
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Other Structures:None
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Waterfront Features:None
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Water Body Name:None
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
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Property Attached:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (404) 801-4141
- Office phone:
- (404) 801-4141
Taxes
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Tax Year:2024
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Tax Annual Amount:2906
Beds
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Bedrooms Total:3
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Bedroom Features:Other
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Upper Level Bedrooms:3
Baths
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Total Baths:3
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Half Baths:2
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Full Baths:1
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Master Bath Features:Double Vanity, Tub/Shower Combo
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Main Level Baths:1
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Upper Level Half Bathrooms:2
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/9-Quail-Run-Run-Decatur-GA-30035/unbranded
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Home Warranty:false
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Special Circumstances:Corporate Owner
Heating & Cooling
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Cooling:Central Air
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Electric:110 Volts
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Water Source:Public
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Green Energy Generation:None
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Dekalb - Other
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Middle Or Junior School:Dekalb - Other
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High School:Dekalb - Other
The Community
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Subdivision Name:HILLSIDE
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Community Features:None
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# of Units In Community:55
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Association:true
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Association Fee Frequency:Monthly
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Association Fee 2 Frequency:Annually
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Swim Tennis Fee Due:None
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Spa Features:None
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Pool Features:None
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Pool Private:false
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Assessment Due Contemplated:false
Parking
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Parking Features:Parking Lot
Listing Provided Courtesy of YOLO Realty GA, LLC
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Monthly cost estimate

Asking price
$122,500
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$655
|
Taxes | $242 |
Insurance | $33 |
Utilities | $168 See report |
Total | $1,098/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.