4843 Old Dixie Highway Forest Park, GA $ 1,275,000
4843 Old Dixie Highway
$ 1,275,000
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4843 Old Dixie Highway

Forest Park, GA, 30297
$ 1,275,000
Baths0.0

Monthly Estimate*

$ 7,850

4843 Old Dixie Highway, Forest Park, GA 30297 - Image 1
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Studio

Multi-Family Home for sale in Forest Park, GA

for $1,275,000. This home was built in 1975 on a lot size of 0.918.

Fantastic property that has doubled in cashflow to $137k/yr in the past few years from over $305k in renovations. Property still has a LOT more value add potential to go. Property requires zero on-site staff, and only takes a couple hours a month of management visits for matters such as turnover or maintenance. All of the major systems have been updated such as underground sewer lines, entire roof replacements for 2/3 buildings, full gut job renovations, and adding more efficient thermostat-based air systems just to name a few. This property is also minutes to the Atlanta Harstfield-Jackson Airport, Forest Park Farmer's Market, numerous stores/restaurants, and is about 10 minutes to Southlake Mall which features numerous surrounding plazas. Unit makeup is 8x Studio/1BA, and 6x 1BR/1BA Apartments. Adjacent neighbors include Public Storage, and Georgia Power container bays inventory storage so it's fairly quiet.

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Multi-Family Active

Price

$ 1,275,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 21,000

Style

Lot Size

0.918

Year Built

1975

Town/City

Forest Park

County/Region

Clayton

MLS | Web ID

10696522

Features
General
Sewer Public Sewer
Heating Electric
Cooling Window Unit(s)
Utilities Underground Utilities
HOA Fee 0
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1975
Levels One
Property Subtype Multi Family
Tax Year 2025
Gross Income 137220
Community Features Park
County Clayton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name Silver Court
Garage Y/N true
Status New
Directions Use GPS. Note that on arrival it will be directly to the right of the Public Storage (3 buildings).
High School Drew
City Forest Park
Body of Water None
Number Of Units Total 14
Lot Size Units Square Feet
Lot Size Square Feet 39988.08
Carport Y/N false
Elementary School Edmonds
Tax Annual Amount 21000
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Forest Park
Property Condition Updated/Remodeled
Structure Type Multi Family
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 Detached
Water Source Public
Total Parking 0
Lot Size Area 39988.08
Lot Size Acres 0.918
Lot Size Source Public Records
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* Excluded Features
List By
Wynd Realty Georgia

Broker

alfaro@commonwalk.com

Email

Affordability Calculator

$9,600
Per Month
82%
18%
0%
Monthly Principal & Interest
$7,850
Monthly Property Taxes
$1,750
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
4821098 Elementary School
0 Middle School
Drew High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2026$1,275,000 Listed Price

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4843 Old Dixie Highway, Forest Park, GA, 30297 is a Multi-Family Home for sale at $1,275,000 with a lot size of 0.918. 4843 Old Dixie Highway is a studio with 0.0 baths and was built in 1975. The property's zip code is 30297 which is in Forest Park, GA