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Renovated Multifamily Property
For Sale
$850,000

4843 Old Dixie Highway, Forest Park, GA 30297

Residential Income, Forest Park, GA

Property SizeContact for details
Lot Size0.92 Acres
Days on Market47

Property Features for 4843 Old Dixie Highway

General Information

Property type Residential Multi Family
Property subtype Other
Parking 9
Parking features Parking Lot, Driveway
Window features Insulated Windows, Wood Frames
Fencing Chain Link
Subdivision Silver Court
Lot features Level
Elementary school Edmonds
Middle school Forest Park
High school Charles R. Drew
Directions Use GPS. Property is located to the right of the Public Storage.
Standard status Active
APN 13052A A007
Lot size 0.92 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 21000

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Space Heater
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1980
Floors in Building 2
Flooring type Laminate, Vinyl, Tile - Ceramic
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: Your Home Sold Guaranteed Realty Crown Group
Listed By: Ivan Alfaro · License #382460
Added: Jul 24 Changed: Sep 5 Last Checked: Sep 8 at 9:06AM
MLS# 7810629

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 includes apartments within a 1980-built structure with vinyl siding, shingle roofing, laminate, vinyl, and ceramic tile flooring. Recent work has addressed major building systems, including roofs, plumbing, and electrical, along with extensive apartment renovations. Heating is provided by space heaters, and cooling uses window units.

The property occupies 0.918 acres at 4843 Old Dixie Highway in Forest Park, Georgia. Public water and public sewer serve the site, which also includes a parking lot, driveway, and chain-link fencing. The asset is reported as 100% occupied and carries a 10 cap rate. Its location is stated to be approximately 7 minutes from the airport.

Key Highlights

  • 0.918‑acre multifamily property in Forest Park, GA
  • Reported 10 cap rate with 100% occupancy
  • Major roof, plumbing, and electrical work completed over the past 3 years

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Furniture & Home Goods Gym & Fitness Center Kitchen & Bath Showroom Spa & Massage Center

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

580
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?
Multifamily property - Fully occupied multifamily asset with recent system upgrades, public utilities, and on-site parking.
Where is this multifamily property located?
The property is located at 4843 Old Dixie Highway Forest Park, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 0.918‑acre multifamily property in Forest Park, GA; Reported 10 cap rate with 100% occupancy; Major roof, plumbing, and electrical work completed over the past 3 years
More about this property
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