5002 Park Avenue, Forest Park, GA 30297

Forest Park
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.

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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)
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