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    5002 Park Ave Forest Park, GA 30297

    Pending
    For Sale
    $520,000

    Quadruplex - Forest Park, GA

    Type:Quadruplex
    Lot size:
    0.22 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 5002 Park Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Pending
    APN
    13050D J001
    Parking features
    None
    Lot size
    0.22 Acres

    Building Details

    Year built
    1947
    Floors in Building
    1
    Number of units
    4
    Architectural style
    Other

    Keller Williams Realty Intown Atlanta (404) 541-3500 [email protected]

    Listing agent Alex Gaston (404) 541-3500

    Listing date Nov 27, 2025

    MLS# 7682129 Listing URL

    Copyright © 2025 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 Quadruplex Investment Opportunity

    This Forest Park property presents an investment opportunity, featuring a triplex and a detached one-bedroom, one-bathroom cottage on a corner lot. The triplex includes two two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. Unit B has been updated with a refreshed kitchen, updated flooring, and a Jack-and-Jill layout. Unit A also features an updated kitchen, flooring, and bathroom. In 2022, the detached cottage received a full HVAC upgrade. The property has a newer roof and siding (approximately 2018), and all triplex AC units were replaced in 2020. Multiple newer furnaces and new windows were installed in 2020, along with a new sliding door in Unit B. The current income is $4,650 per month, with two tenants on month-to-month leases. Located near downtown Forest Park, I-75, and Hartsfield-Jackson Airport, this property is suitable for investors or owner-occupiers seeking a multi-unit property with cash flow and future potential. The lot size is 0.2202 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Starr Park Tennis ... Tennis Court

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Clayton
    State
    Georgia
    Longitude
    -84.363787
    Latitude
    33.617914

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained Forest Park quadplex with strong income and upside potential.
    Where is this quadplex located?
    The property is located at 5002 Park Ave Forest Park, GA.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: - Strong Rental Income: Currently generating $4,650/month.; - Triplex Plus Cottage: Features a triplex and a detached 1BR/1BA cottage.; - Recent Updates: Newer roof, siding, AC units, furnaces, windows, and updated units.
    (404) 541-3500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5002 Park Ave Forest Park, GA 30297
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