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5002 Park Ave Forest Park, GA 30297

Under Contract
For Sale
$520,000

MULTI_FAMILY - Forest Park, GA

Lot size:
0.22 Acres
Days on Market:
15
Last Refresh:
Dec 5 at 5:06 pm

Property Features for 5002 Park Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active Under Contract
APN
13050D J001
Lot size
0.22 Acres

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

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

Listing agent Alex Gaston (404) 541-3500

Listing date Nov 21, 2025

MLS# 10647483 Listing URL

Copyright © 2025 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.


Overview

Forest Park Investment Opportunity

This Forest Park property presents an investment opportunity, featuring a triplex and a detached one-bedroom, one-bathroom cottage situated 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. Additional improvements include a newer roof and siding installed around 2018, all triplex AC units replaced in 2020, multiple newer furnaces, new windows installed in 2020, and a new sliding door in Unit B. The property generates a current income of $4,650 per month. Two tenants are currently on month-to-month leases. Located near downtown Forest Park, I-75, and Hartsfield-Jackson Airport, the property is suitable for investors seeking a multi-unit property with cash flow and future potential. The lot size is 0.22 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
-84.363842
Latitude
33.617969

FAQs

What type of property is this?
Quadplex - Triplex plus cottage near downtown Forest Park and airport.
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 of $4,650/month with immediate upside potential.; - Triplex plus detached 1BR/1BA cottage on a corner lot.; - Recent updates including refreshed kitchens, updated flooring, and new windows (2020).
More about this property
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