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5002 Park Avenue Forest Park, GA $ 495,000
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5002 Park Avenue
$ 495,000
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5002 Park Avenue

Forest Park, GA, 30297
$ 495,000
Baths0.0

Monthly Estimate*

$ 3,048

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Studio

Multi-Family Home for sale in Forest Park, GA

for $495,000. This home was built in 1947 on a lot size of 0.2202.

Exceptional investment opportunity just minutes from the airport featuring a triplex plus a detached 1BR 1 BA cottage on a corner lot with strong cash flow and upside potential. The property includes two 2BR 1BA units, one 1BR 1BA unit, and a detached 1BR 1BA cottage, currently generating approximately $4,200/month in rental income. Major updates include a newer roof and siding (approx. 2018), new windows (2020), updated HVAC systems, multiple updated furnaces, and renovated interiors in select units. The detached cottage received a full HVAC upgrade in 2022. Conveniently located minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75, this is an ideal opportunity for investors seeking stable rental income, multiple revenue streams, and long-term growth potential.

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Multi-Family Active

Price

$ 495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,110

Style

Lot Size

0.2202

Year Built

1947

Town/City

Forest Park

County/Region

Clayton

MLS | Web ID

7775643
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities None
Roof Composition Shingle
Security Features None
Construction Materials Vinyl Siding
Year Built 1947
View Other
Levels One
Property Subtype Triplex
Tax Year 2024
Parcel Number 13050D J001
Gross Income 4200
Waterfront Features None
Community Features None
Accessibility None
County Clayton - GA
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name None
Green Energy Generation None
Status Active
Directions use 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 false
Tax Annual Amount 6110
Home Warranty Y/N false
Middle/Junior High School Clayton - Other
Property Condition Resale
Standard Status Active
Freehold IDX
Corporate Owner None
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Interior
Window Features None
Total Baths 0
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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
Lot Size Source Public Records
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* Excluded Features
List By
Alex Gaston

Listing Agent

Keller Williams Realty Intown Atl

Broker

agaston757@gmail.com

Email

Affordability Calculator

$3,557
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,048
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
1926168 Elementary School
1926357 Middle School
Clayton - Other High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/23/2026$495,000 Listed Price

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5002 Park Avenue, Forest Park, GA, 30297 is a Multi-Family Home for sale at $495,000 with a lot size of 0.2202. 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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