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Triplex 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 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 Shingle, Composition
Listing Agency: Keller Williams Realty Intown ATL
Listed By: Alex Gaston · License #397224
Added: May 21 Changed: Sep 12 Last Checked: Oct 2 at 4:06PM
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 multifamily property combines a triplex with a separate one-bedroom, one-bath cottage on a 0.2202-acre corner lot. The main building contains two two-bedroom, one-bath units and one one-bedroom, one-bath unit, while the cottage adds another one-bedroom, one-bath residence. The property was built in 1947 and features vinyl siding, composition and shingle roofing, central heating, central air, public water, and public sewer. Select interiors have been renovated, with roof and siding work completed around 2018, window replacements in 2020, and HVAC improvements to the cottage in 2022.

The property is located in Forest Park, minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75. Its separate cottage and varied unit mix provide four residential units within one compact property.

Key Highlights

  • Triplex with detached 1BR 1BA cottage
  • Unit mix includes two 2BR 1BA units and two 1BR 1BA units
  • 0.2202‑acre corner lot in Forest Park, GA

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?
Triplex - Four residential units on a corner lot near Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75.
Where is this triplex 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 with detached 1BR 1BA cottage; Unit mix includes two 2BR 1BA units and two 1BR 1BA units; 0.2202‑acre corner lot in Forest Park, GA
More about this property
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