Nine-Unit Multifamily Apartment
4843 Old Dixie Highway Forest Park, GA 30297
New
For Sale
$875,000
MULTI_FAMILY - Forest Park, GA
Lot Size0.92 Acres
Days on Market2
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
- Wood Frames, Insulated Windows
- Fencing
- Chain Link
- Standard status
- Active
- 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
- Tile - Ceramic, Vinyl, Laminate
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing Agency:
Your Home Sold Guaranteed Realty Crown Group
(678) 798-8150
Listed By:
Ivan Alfaro · License #382460
(678) 224-1025
Added: Jul 24
Last Checked: Jul 25 at 6:06AM
MLS# 7810629
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Investment Insights
Based on property information with market context.
This nine-unit multifamily apartment property is being offered for sale as a fully occupied investment. The offering is described as cash-flowing near $140,000 per year and requiring no on-site staff. Over the past three years, critical renovations and systems upgrades have been completed, including roofs, plumbing, electrical, and numerous apartment updates, with many units described as full gut renovations.
Located at 4843 Old Dixie Highway in Forest Park, Georgia (Clayton County), the property includes space that may support additional value through expansion of existing buildings, adding more buildings, or incorporating coin laundry operations, according to the seller’s remarks.
The current configuration provides a turn-key starting point following the recent renovation and systems work, with additional upside identified by the seller through on-site expansion and amenity additions.
Located at 4843 Old Dixie Highway in Forest Park, Georgia (Clayton County), the property includes space that may support additional value through expansion of existing buildings, adding more buildings, or incorporating coin laundry operations, according to the seller’s remarks.
The current configuration provides a turn-key starting point following the recent renovation and systems work, with additional upside identified by the seller through on-site expansion and amenity additions.
Key Highlights
- 9‑cap property near the airport in Metro Atlanta; 100% occupied
- Reported cash flow near $140k/year with no on‑site staff needed
- Key renovations completed in the past 3 years: roofs, plumbing, and electrical, plus updates/gut job renovations to most apartments
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Nine-unit apartment building in Forest Park with recent roof, plumbing, and electrical upgrades and full occupancy.
Where is this apartment building 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 $875,000.
What are key features of this property?
This property features: 9‑cap property near the airport in Metro Atlanta; 100% occupied; Reported cash flow near $140k/year with no on‑site staff needed; Key renovations completed in the past 3 years: roofs, plumbing, and electrical, plus updates/gut job renovations to most apartments
