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$520,000
31 Days On Site

5002 Park AVE
Forest Park, GA 30297

For Sale|Quadruplex|Active Under Contract
0
Beds
0
Total Baths
1947
Built
Subdivision:
None
County:
Clayton

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5002 Park AVE5002 Park AVE5002 Park AVE5002 Park AVE
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Exceptional Forest Park investment opportunity featuring a triplex plus a detached 1BR/1BA cottage on a corner lot, offering strong rental income and immediate upside. The triplex comprises two two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. Unit B features recent updates, including a refreshed kitchen, updated flooring, and a Jack-and-Jill layout. Unit A also boasts an updated kitchen, flooring, and bathroom. The detached cottage received a full HVAC upgrade in 2022. Major improvements include a newer roof and siding (approx. 2018), all triplex AC units replaced in 2020, multiple newer furnaces, new windows (2020), and a new sliding door in Unit B. Current income is $4,650/month with two tenants on month-to-month leases, providing flexibility for repositioning or owner occupancy. Conveniently located near downtown Forest Park, I-75, and Hartsfield-Jackson Airport, this property is ideal for investors or house hackers seeking a well-maintained multi-unit with strong cash flow and future potential.

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Listing Snapshot
Price 
$520,000
Days On Site 
31 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1947
MLS® Number 
10647483
Status 
Active Under Contract
Property Tax 
$6,110
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoStatus changed to Active Under Contract
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.22
Foundation 
Slab
Levels 
One
Number Of Stories 
1
Parking 
None
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Utilities 
Other
Water Source 
Public
Interior Features
Basement 
None
Cooling 
Central Air
Heating 
Central
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Exterior Features
Construction Details 
Vinyl Siding
Waterfront Features 
NONE
Community Features
Community Features 
None
Financing Terms Available 
1031 ExchangeCashConventionalFHAVA Loan
Schools
School District
Unknown
Elementary School
Other
Middle School
Other
High School
Other
Listing courtesy of Keller Williams Realty



Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Last checked: 2025-12-19 11:01 PM UTC

Neighborhood & Commute
Source: Walkscore
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