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5002 Park Avenue

Forest Park, GA 30297

$495,000 $2,086/Mo

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Overview

Bed

Bath

0.22

Acre(Lot)

Description

Exceptional investment opportunity just minutes from the airport featuring a triplex plus a detached 1BR 1 BA cottage on a corner lot with strong cash flow and upside potential. The property includes two 2BR 1BA units, one 1BR 1BA unit, and a detached 1BR 1BA cottage, currently generating approximately $4,200/month in rental income. Major updates include a newer roof and siding (approx. 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. Conveniently located minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75, this is an ideal opportunity for investors seeking stable rental income, multiple revenue streams, and long-term growth po tential.

Property Details

Property Type : Residential Income

Price : $495,000

AD Id : 79185912

MLS Id : 7775643

Lot Size : 0.22 Acre

Year Built : 1947

County : Clayton

Map

What's Nearby

Nearby Areas

Features

Roofing Information

Composition, Shingle
Interior Features

Roof: Composition, Shingle
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1947 Construction Materials: Vinyl Siding Private Pool: No View: Other

Lot Information

Lot Dimensions: 171 X 56 1 Lot Size Acres: 0.2202 Lot Size Source: Public Records Lot Description: Corner Lot

Property Information

Subdivision: None Source Property Type: Residential Income Postal Code Plus 4: 2339 Property SubType: Triplex Levels: One Property Age: 79

Listing Price Information

Listing Price: $495000 1031 Exchange, Cash, Conventional

Tax Information

Parcel Number: 13050D J001 Tax Year: 2024 Annual Tax: $6110 Tax Legal Desc: LOT 23

Parking Information

None

School Information

Elementary School: Clayton - Other

Junior High School: Clayton - Other

Senior High School: Clayton - Other
Utility Information

None
Location Information

Direction: use GPS WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4361 Hendrix Drive, Forest Park, GA, 30297	$375,000	--	--	--

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ByOwner last updated this listing 06/09/2026 @ 10:59

MLS: 7775643 LISTED BY: Alex Gaston, Keller Williams Realty Intown ATL 404-541-3500 SOURCE: First Multiple Listing Service (FMLS)