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5002 Park Avenue Forest Park, GA $ 500,000
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$ 500,000 Get more info
5002 Park Avenue
$ 500,000
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5002 Park Avenue

Forest Park, GA, 30297
$ 500,000
Baths0.0

Monthly Estimate*

$ 3,079

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Studio

Multi-Family Home for sale in Forest Park, GA

for $500,000. This home was built in 1947 on a lot size of 0.22.

Exceptional Forest Park investment opportunity featuring a triplex plus a detached 1BR/1BA cottage on a corner lot, offering high 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. The property was generating $4,650/month, 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 Active

Price

$ 500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,110

Style

Lot Size

0.22

Year Built

1947

Town/City

Forest Park

County/Region

Clayton

MLS | Web ID

10647483
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Other
HOA Fee 0
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1947
Levels One
Property Subtype Multi Family Triplex
Tax Year 2024
Gross Income 4650
Community Features None
County Clayton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name None
Garage Y/N false
Status Active
Directions GPS
High School Other
City Forest Park
Body of Water None
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 9583.2
Carport Y/N false
Elementary School Other
Tax Annual Amount 6110
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Other
Property Condition Resale
Structure Type Triplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features None
Water Source Public
Total Parking 0
Lot Size Area 9583.2
Foundation Details Slab
Lot Size Acres 0.22
Lot Size Source Public Records
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* Excluded Features
List By
Keller Williams Realty

Broker

agaston757@gmail.com

Email

Affordability Calculator

$3,588
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$509
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4826967 Elementary School
4826966 Middle School
Other High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/22/2026$500,000 -3.85% Price Down
1/8/2026$520,000 Listed Price

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5002 Park Avenue, Forest Park, GA, 30297 is a Multi-Family Home for sale at $500,000 with a lot size of 0.22. 5002 Park Avenue is a studio with 0.0 baths and was built in 1947. The property's zip code is 30297 which is in Forest Park, GA

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