diff --git a/pdoc/__init__.py b/pdoc/__init__.py
index 926374da..0dde1980 100644
--- a/pdoc/__init__.py
+++ b/pdoc/__init__.py
@@ -449,6 +449,43 @@ def _unwrap_descriptor(dobj):
     return getattr(obj, '__get__', obj)
 
 
+def _unwrap_object(obj: T, *, stop: Optional[Callable[[T], bool]] = None) -> T:
+    """
+    This is a modified version of `inspect.unwrap()` that properly handles classes.
+
+    Follows the chains of `__wrapped__` attributes, until either:
+    1. `obj.__wrapped__` is missing or None
+    2. `obj` is a class and `obj.__wrapped__` has a different name or module
+    3. `stop` is given and `stop(obj)` is True
+    """
+
+    orig = obj  # remember the original func for error reporting
+    # Memoise by id to tolerate non-hashable objects, but store objects to
+    # ensure they aren't destroyed, which would allow their IDs to be reused.
+    memo = {id(orig): orig}
+    recursion_limit = sys.getrecursionlimit()
+    while hasattr(obj, '__wrapped__'):
+        if stop is not None and stop(obj):
+            break
+
+        candidate = obj.__wrapped__
+        if candidate is None:
+            break
+
+        if isinstance(candidate, type) and isinstance(orig, type):
+            if not (candidate.__name__ == orig.__name__
+                    and candidate.__module__ == orig.__module__):
+                break
+
+        obj = candidate
+        id_func = id(obj)
+        if (id_func in memo) or (len(memo) >= recursion_limit):
+            raise ValueError('wrapper loop when unwrapping {!r}'.format(orig))
+        memo[id_func] = obj
+
+    return obj
+
+
 def _filter_type(type: Type[T],
                  values: Union[Iterable['Doc'], Mapping[str, 'Doc']]) -> List[T]:
     """
@@ -712,11 +749,11 @@ def __init__(self, module: Union[ModuleType, str], *,
                          "exported in `__all__`")
                 else:
                     if not _is_blacklisted(name, self):
-                        obj = inspect.unwrap(obj)
+                        obj = _unwrap_object(obj)
                     public_objs.append((name, obj))
         else:
             def is_from_this_module(obj):
-                mod = inspect.getmodule(inspect.unwrap(obj))
+                mod = inspect.getmodule(_unwrap_object(obj))
                 return mod is None or mod.__name__ == self.obj.__name__
 
             for name, obj in inspect.getmembers(self.obj):
@@ -730,7 +767,7 @@ def is_from_this_module(obj):
                         self._context.blacklisted.add(f'{self.refname}.{name}')
                         continue
 
-                    obj = inspect.unwrap(obj)
+                    obj = _unwrap_object(obj)
                     public_objs.append((name, obj))
 
             index = list(self.obj.__dict__).index
@@ -1066,7 +1103,7 @@ def __init__(self, name: str, module: Module, obj, *, docstring: Optional[str] =
                     self.module._context.blacklisted.add(f'{self.refname}.{_name}')
                     continue
 
-                obj = inspect.unwrap(obj)
+                obj = _unwrap_object(obj)
                 public_objs.append((_name, obj))
 
         def definition_order_index(
@@ -1428,7 +1465,7 @@ def _is_async(self):
         try:
             # Both of these are required because coroutines aren't classified as async
             # generators and vice versa.
-            obj = inspect.unwrap(self.obj)
+            obj = _unwrap_object(self.obj)
             return (inspect.iscoroutinefunction(obj) or
                     inspect.isasyncgenfunction(obj))
         except AttributeError:
diff --git a/pdoc/html_helpers.py b/pdoc/html_helpers.py
index 041cba68..bfc1b701 100644
--- a/pdoc/html_helpers.py
+++ b/pdoc/html_helpers.py
@@ -565,7 +565,7 @@ def format_git_link(template: str, dobj: pdoc.Doc):
         if 'commit' in _str_template_fields(template):
             commit = _git_head_commit()
         obj = pdoc._unwrap_descriptor(dobj)
-        abs_path = inspect.getfile(inspect.unwrap(obj))
+        abs_path = inspect.getfile(pdoc._unwrap_object(obj))
         path = _project_relative_path(abs_path)
 
         # Urls should always use / instead of \\
diff --git a/pdoc/test/__init__.py b/pdoc/test/__init__.py
index df6390f6..5ee03d26 100644
--- a/pdoc/test/__init__.py
+++ b/pdoc/test/__init__.py
@@ -659,6 +659,47 @@ def test__pdoc__dict(self):
             self.assertEqual(cm, [])
             self.assertNotIn('downloaded_modules', mod.doc)
 
+    # flake8: noqa: E501 line too long
+    def test_class_wrappers(self):
+        """
+        Check that decorated classes are unwrapped properly.
+        Details: https://github.com/pdoc3/pdoc/issues/463
+        """
+
+        module_name = f'{EXAMPLE_MODULE}._test_classwrap'
+
+        root_module = pdoc.Module(module_name, context=pdoc.Context())
+        root_wrapped_cls_parent = root_module.doc['DecoratedClassParent']
+        root_wrapped_cls_child = root_module.doc['DecoratedClassChild']
+
+        module_classdef = root_module.doc['class_definition']
+        module_classdef_cls_parent = module_classdef.doc['DecoratedClassParent']
+        module_classdef_cls_child = module_classdef.doc['DecoratedClassChild']
+
+        module_util = root_module.doc['util']
+        module_util_decorator = module_util.doc['decorate_class']
+
+        self.assertEqual(root_module.qualname, module_name)
+        self.assertEqual(root_wrapped_cls_parent.qualname, 'DecoratedClassParent')
+        self.assertEqual(root_wrapped_cls_parent.docstring,
+                         """This is `DecoratedClassParent` class.""")
+        self.assertEqual(root_wrapped_cls_child.qualname, 'DecoratedClassChild')
+        self.assertEqual(root_wrapped_cls_child.docstring,
+                         """This is an `DecoratedClassParent`'s implementation that always returns 1.""")
+
+        self.assertEqual(module_classdef.qualname, f'{module_name}.class_definition')
+        self.assertEqual(module_classdef_cls_parent.qualname, 'DecoratedClassParent')
+        self.assertEqual(module_classdef_cls_parent.docstring,
+                         """This is `DecoratedClassParent` class.""")
+        self.assertEqual(module_classdef_cls_child.qualname, 'DecoratedClassChild')
+        self.assertEqual(module_classdef_cls_child.docstring,
+                         """This is an `DecoratedClassParent`'s implementation that always returns 1.""")
+
+        self.assertEqual(module_util.qualname, f'{module_name}.util')
+        self.assertEqual(module_util_decorator.qualname, 'decorate_class')
+
+        pdoc.link_inheritance(root_module._context)
+
     @ignore_warnings
     def test_dont_touch__pdoc__blacklisted(self):
         class Bomb:
diff --git a/pdoc/test/example_pkg/_test_classwrap/__init__.py b/pdoc/test/example_pkg/_test_classwrap/__init__.py
new file mode 100644
index 00000000..61e74733
--- /dev/null
+++ b/pdoc/test/example_pkg/_test_classwrap/__init__.py
@@ -0,0 +1,16 @@
+"""
+This is the root module.
+
+This re-exports `DecoratedClassParent` and `DecoratedClassChild`.
+See `pdoc.test.example_pkg._test_classwrap.class_definition.DecoratedClassParent`
+and `pdoc.test.example_pkg._test_classwrap.class_definition.DecoratedClassChild` for more details.
+"""
+
+
+from .class_definition import DecoratedClassParent, DecoratedClassChild
+
+
+__all__ = [
+    'DecoratedClassParent',
+    'DecoratedClassChild',
+]
diff --git a/pdoc/test/example_pkg/_test_classwrap/class_definition.py b/pdoc/test/example_pkg/_test_classwrap/class_definition.py
new file mode 100644
index 00000000..b52c0640
--- /dev/null
+++ b/pdoc/test/example_pkg/_test_classwrap/class_definition.py
@@ -0,0 +1,38 @@
+"""
+This module exports the following classes:
+
+* `DecoratedClassParent`
+* `DecoratedClassChild`
+"""
+
+from .util import decorate_class
+from abc import ABC, abstractmethod
+
+
+@decorate_class
+class DecoratedClassParent(ABC):
+    """ This is `DecoratedClassParent` class. """
+
+    @abstractmethod
+    def __value__(self) -> int:
+        """ An `DecoratedClassParent`'s value implementation, abstract method. """
+        raise NotImplementedError
+
+    @property
+    def value(self) -> int:
+        """ This is `DecoratedClassParent`'s property. """
+        return self.__value__()
+
+
+@decorate_class
+class DecoratedClassChild(DecoratedClassParent):
+    """ This is an `DecoratedClassParent`'s implementation that always returns 1. """
+
+    def __value__(self) -> int:
+        return 1
+
+
+__all__ = [
+    'DecoratedClassParent',
+    'DecoratedClassChild',
+]
diff --git a/pdoc/test/example_pkg/_test_classwrap/util.py b/pdoc/test/example_pkg/_test_classwrap/util.py
new file mode 100644
index 00000000..125dca3c
--- /dev/null
+++ b/pdoc/test/example_pkg/_test_classwrap/util.py
@@ -0,0 +1,37 @@
+import functools
+import types
+from typing import Type, TypeVar, cast
+
+
+C = TypeVar('C')
+
+
+def wrap_first(cls: Type[C]) -> Type[C]:
+    wrapped = types.new_class(cls.__name__, (cls, ), {})
+    wrapped = functools.update_wrapper(wrapped, cls, updated=())
+    wrapped = cast(Type[C], wrapped)
+
+    return wrapped
+
+
+def wrap_second(cls: Type[C]) -> Type[C]:
+    wrapped = type(cls.__name__, cls.__mro__, dict(cls.__dict__))
+    wrapped = functools.update_wrapper(wrapped, cls, updated=())
+    wrapped = cast(Type[C], wrapped)
+
+    return wrapped
+
+
+def decorate_class(cls: Type[C]) -> Type[C]:
+    """ Creates a two-step class decoration. """
+
+    wrapped = wrap_first(cls)
+    wrapped_again = wrap_second(wrapped)
+    wrapped_again.__decorated__ = True
+
+    return wrapped_again
+
+
+__all__ = [
+    'decorate_class',
+]