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Quadplex With Detached Cottage
For Sale
$479,900

5002 Park Avenue, Forest Park, GA 30297

Residential Income, Forest Park, GA

Property SizeContact for details
Lot Size0.22 Acres
Days on Market135

Property Features for 5002 Park Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Directions use GPS
Standard status Active
APN 13050D J001
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6110

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1947
Floors in Building 1
Number of units 4
Building materials Vinyl Siding
Listing Agency: Keller Williams Realty
Listed By: Alex Gaston · License #397224
Added: May 21 Changed: Aug 19 Last Checked: Oct 2 at 4:06PM
MLS# 10772279

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

Investment Insights

Based on property information with market context.

Built in 1947, this quadplex property combines a triplex with a detached one-bedroom cottage on a 0.22-acre corner lot. The unit mix includes two two-bedroom, one-bath residences and two one-bedroom, one-bath residences. Select interiors have been renovated, while the property also features vinyl siding, central heating, and central air.

Capital improvements include a newer roof and siding completed approximately in 2018, replacement windows installed in 2020, updated HVAC systems, and multiple updated furnaces. The detached cottage received a full HVAC upgrade in 2022. Public water and public sewer serve the property.

Located at 5002 Park Avenue in Forest Park, the property is minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75.

Key Highlights

  • Triplex plus detached one‑bedroom, one‑bath cottage
  • Unit mix includes two 2BR/1BA units and two 1BR/1BA units
  • 0.22‑acre corner lot at 5002 Park Avenue

Property Analytics

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Current Use

Starr Park Tennis ... Sports Field & Court

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby

Demographics for 30297, GA

29,669
Population
11,438
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
75%
High-School Grad
11.0 sq mi
ZIP Area
2,697
Density / Sq Mi
$45,975
Median Household Income
$34,330
Median Earnings
$1,144
Median Rent
$121,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Residential income property with a separate cottage, updated systems, and public water and sewer service.
Where is this quadplex located?
The property is located at 5002 Park Avenue Forest Park, GA.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Triplex plus detached one‑bedroom, one‑bath cottage; Unit mix includes two 2BR/1BA units and two 1BR/1BA units; 0.22‑acre corner lot at 5002 Park Avenue
More about this property
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