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5002 Park Avenue Forest Park, GA $ 520,000
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$ 520,000 Get more info
5002 Park Avenue
$ 520,000
Back to search
Share Save

5002 Park Avenue

Forest Park, GA, 30297
$ 520,000
Bedrooms5 Baths4.0

Monthly Estimate*

$ 3,244

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Multi-Family Home for sale in Forest Park, GA

for $520,000 with 5 bedrooms and 4 full baths. This home was built in 1947 on a lot size of 0.2202.

Exceptional Forest Park investment opportunity featuring a triplex plus a detached 1BR/1BA cottage on a corner lot, offering strong rental income and immediate upside. The triplex comprises two two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. Unit B features recent updates, including a refreshed kitchen, updated flooring, and a Jack-and-Jill layout. Unit A also boasts an updated kitchen, flooring, and bathroom. The detached cottage received a full HVAC upgrade in 2022. Major improvements include a newer roof and siding (approx. 2018), all triplex AC units replaced in 2020, multiple newer furnaces, new windows (2020), and a new sliding door in Unit B. Current income is $4,650/month with two tenants on month-to-month leases, providing flexibility for repositioning or owner occupancy. Conveniently located near downtown Forest Park, I-75, and Hartsfield-Jackson Airport, this property is ideal for investors or house hackers seeking a well-maintained multi-unit with strong cash flow and future potential.

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Multi-Family Pending

Price

$ 520,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,110

Style

Quadruplex

Lot Size

0.2202

Year Built

1947

Town/City

Forest Park

County/Region

Clayton

MLS | Web ID

7682129
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities None
Possession Close Of Escrow
Roof Composition Shingle
Security Features None
Construction Materials Vinyl Siding
Year Built 1947
View Other
Levels One
Property Subtype Quadruplex
Tax Year 2024
Gross Income 4650
Waterfront Features N
Community Features None
Accessibility None
County Clayton - GA
Property Type Residential Income
HOA No
Energy Efficient None
Subdivision Name None
Green Energy Generation None
Status Pending
Directions GPS
High School Clayton - Other
City Forest Park
Body of Water None
Number Of Units Total 4
Elementary School Clayton - Other
Property Attached Y/N No
Tax Annual Amount 6110
Home Warranty Y/N No
Middle/Junior High School Clayton - Other
Property Condition Resale
Standard Status Pending
Occupancy Type Tenant
Legal Description LOT 23
Corporate Owner None
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Exterior
Fencing None
Parking Features None
Lot Features Corner Lot
Water Source Public
Lot Dimensions 171 X 56 1
Lot Size Acres 0.2202
Private Pool No
Lot Size Source Public Records
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Interior
Window Features None
Total Baths 0
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Internal Only
Street Number 1 5002
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* Excluded Features
List By
Alex Gaston

Listing Agent

Keller Williams Realty Intown Atl

Broker

agaston757@gmail.com

Email

Affordability Calculator

$3,753
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,244
Monthly Property Taxes
$509
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1926168 Elementary School
1926357 Middle School
Clayton - Other High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/19/2025$520,000 Listed Price

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5002 Park Avenue, Forest Park, GA, 30297 is a Multi-Family Home for sale at $520,000 with a lot size of 0.2202. 5002 Park Avenue has 5 bedrooms, 4.0 baths, and was built in 1947. The property's zip code is 30297 which is in Forest Park, GA

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