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Quadplex on Corner Lot
For Sale
$479,900

5002 Park Avenue, Forest Park, GA 30297

MULTI_FAMILY - Forest Park, GA

Property SizeContact for details
Lot Size0.22 Acres
Days on Market84

Property Features for 5002 Park Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Lot features Corner Lot
Elementary school Clayton - Other
Middle school Clayton - Other
High school Clayton - Other
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
Roof type Composition, Shingle
Listing Agency: Keller Williams Realty Intown ATL
Listed By: Alex Gaston · License #397224
Added: May 21 Changed: Aug 1 Last Checked: Aug 12 at 9:06AM
MLS# 7775643

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.

Investment Insights

Based on property information with market context.

This quadplex includes a triplex plus a detached 1BR/1BA cottage on a corner lot. The main building offers two 2BR/1BA units and one 1BR/1BA unit, along with the separate detached cottage for a total of four rental units. Constructed in 1947 with vinyl siding, central heat, central air conditioning, and composition shingle roofing.

The property sits on a 0.2202-acre lot with public water and public sewer. Updates referenced include newer roof and siding (approx. 2018), new windows (2020), updated HVAC systems, and multiple updated furnaces. The detached cottage received a full HVAC upgrade in 2022, and select units have renovated interiors.

With multiple unit types across the main triplex and detached cottage, this is a versatile setup for rental operations under one ownership structure.

Key Highlights

  • Corner lot quadplex with a triplex plus detached 1BR/1BA cottage
  • Two 2BR/1BA units plus one 1BR/1BA unit in the main building
  • Detached cottage received a full HVAC upgrade in 2022

Property Analytics

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

677
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Quadplex with a triplex and detached one-bedroom cottage, featuring central HVAC and multiple unit updates.
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: Corner lot quadplex with a triplex plus detached 1BR/1BA cottage; Two 2BR/1BA units plus one 1BR/1BA unit in the main building; Detached cottage received a full HVAC upgrade in 2022
More about this property
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