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Forest Park Multifamily Investment Opportunity

5002 Park Avenue Forest Park, GA 30297

Claim this Listing
For Sale
$495,000

MULTI_FAMILY - Forest Park, GA

Lot size:
0.22 Acres
Added:
May 21, 2026
Days on Market:
53
Last Refresh:
Jul 12 at 5:06 am

Property Features for 5002 Park Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
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

Listing agent Alex Gaston License #397224

Listing office Keller Williams Realty 621 N Avenue,Ne,S.C50, Atlanta, GA

Listing date May 21, 2026

MLS# 10772279 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This multifamily property in Forest Park, GA, presents an investment opportunity with a triplex and a detached 1-bedroom, 1-bathroom cottage on a corner lot. The property features two 2-bedroom, 1-bathroom units, one 1-bedroom, 1-bathroom unit, and the detached cottage, generating approximately $4,200 per month in rental income. The property has a newer roof and siding (approximately 2018), new windows (2020), updated HVAC systems, multiple updated furnaces, and renovated interiors in select units. The detached cottage received a full HVAC upgrade in 2022. Situated on a 0.22-acre lot, the property is located minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75, offering convenient access to transportation and amenities. This property is suited for investors seeking stable rental income and long-term growth potential.

Key Highlights

  • Strong cash flow of approximately $4,200/month in rental income.
  • Triplex plus a detached 1BR 1BA cottage provides multiple revenue streams.
  • Minutes from Hartsfield‑Jackson Atlanta International Airport, Downtown Atlanta, and I‑75.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Starr Park Tennis ... Sports Field & Court

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center Skin Care Clinic Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Triplex plus detached cottage near Atlanta Airport. Strong cash flow.
Where is this quadplex located?
The property is located at 5002 Park Avenue Forest Park, GA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Strong cash flow of approximately $4,200/month in rental income.; Triplex plus a detached 1BR 1BA cottage provides multiple revenue streams.; Minutes from Hartsfield‑Jackson Atlanta International Airport, Downtown Atlanta, and I‑75.
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