4-Unit Multifamily
For Sale
$479,900
5002 Park Avenue, Forest Park, GA 30297
A separate one-bedroom cottage supplements the three-unit residential building.
Property SizeContact for details
Days on Market168
Property Features for 5002 Park Avenue
General Information
Standard status
Active
Property subtype
Multi Family,Quadruplex
Units
Unit Mix
2 x 2BR 1BA, 2 x 1BR 1BA
Multifamily Units
4
Additional Details
Gross Income
$50,400
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,110
Building Details
Year Built
1947
Buildings
2
Listing Agency:
Keller Williams Realty
Listed By:
Alex Gaston · License #397224
(757) 303-6078
Source:
Jbrandrealtyga
Added: May 21
Changed: Oct 31
Last Checked: Nov 3 at 7:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
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Investment Insights
Based on property information with market context.
The property comprises a triplex and a detached cottage, with two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Built in 1947, the buildings have updated HVAC systems and several interior renovations. Improvements include a newer roof and siding from approximately 2018, replacement windows installed in 2020, and a full HVAC upgrade to the cottage in 2022. Multiple furnaces have also been updated.
The property is in Forest Park, minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75.
The property is in Forest Park, minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75.
Key Highlights
- Four dwellings: two 2‑bedroom, 1‑bathroom units and two 1‑bedroom, 1‑bathroom units
- Detached cottage with a full HVAC upgrade completed in 2022
- Roof and siding updated approximately 2018; windows replaced in 2020
Property Analytics
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - A separate one-bedroom cottage supplements the three-unit residential building.
Where is this multifamily property 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: Four dwellings: two 2‑bedroom, 1‑bathroom units and two 1‑bedroom, 1‑bathroom units; Detached cottage with a full HVAC upgrade completed in 2022; Roof and siding updated approximately 2018; windows replaced in 2020
