5002 Park Avenue, Forest Park, GA 30297

Local realty services provided by:ERA Towne Square Realty, Inc.
5002 Park Avenue,Forest Park, GA 30297
$495,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alex gaston
Office: keller williams realty intown atl
MLS#:7775643
Source:FIRSTMLS

Price summary

  • Price:$495,000

About this home

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 potential.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1947
  • Listing ID #:7775643
  • Updated:May 23, 2026 at 11:46 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1947
  • Lot area:0.22 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Vinyl Siding
  • Levels:1 Story

Schools

  • High school:Clayton - Other
  • Middle school:Clayton - Other
  • Elementary school:Clayton - Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$495,000
  • Tax amount:$6,110 (2024)
MLS LogoListings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here (https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. ©2026 First Multiple Listing Service, Inc.