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4843 Old Dixie Highway Forest Park, GA 30297

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For Sale
$990,000

MULTI_FAMILY - Forest Park, GA

Lot size:
0.92 Acres
Added:
Feb 20, 2026
Days on Market:
40
Last Refresh:
Apr 1 at 2:06 am

Property Features for 4843 Old Dixie Highway

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Parking Lot
Window features
Wood Frames
Fencing
Chain Link
Standard status
Active
APN
13052A A007
Lot size
0.92 Acres

Taxes and HOA fees

TaxYear
2025
TaxAnnualAmount
21000

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Space Heater
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1975
Floors in Building
1
Number of units
14
Building materials
Vinyl Siding
Roof type
Shingle

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Listing Contact
Ivan Alfaro

Listing agent Ivan Alfaro License #382460

Listing office Wynd Realty, LLC 3343 Peachtree Road Ste 145-637, Alpharetta, GA

Listing date Feb 20, 2026

MLS# 7722807 Listing URL

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Forest Park Multifamily Investment Opportunity

This multifamily property, located in Forest Park, Georgia, presents a value-add investment opportunity. The unit mix comprises 8 studio/1BA units and 6 1BR/1BA apartments. Significant renovations totaling over $305,000 have been completed, resulting in a doubled cashflow of $139,000 per year. The property has further value-add potential. The property requires minimal on-site staff and only a few hours per month for management visits related to turnover or maintenance. Major system updates include underground sewer lines, complete roof replacements for two out of three buildings, full gut renovations, and the installation of more efficient thermostat-based air systems. The 0.918-acre property is conveniently located minutes from Hartsfield-Jackson Atlanta International Airport, the Forest Park Farmer's Market, and various stores and restaurants. Southlake Mall and its surrounding plazas are approximately 10 minutes away. Adjacent neighbors include Public Storage and Georgia Power container bays inventory storage.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Forest Park
County
Clayton
State
Georgia
Longitude
-84.384792
Latitude
33.62192

FAQs

What type of property is this?
Apartment building - Renovated multifamily property with value-add potential near Atlanta airport.
Where is this apartment building located?
The property is located at 4843 Old Dixie Highway Forest Park, GA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Significant cashflow of $139k/year with potential for further increase.; Over $305k in extensive renovations have been completed.; Minimal on‑site management required (a couple of hours per month).
More about this property
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