Forest Park, GA 30297,5002 Park AVE
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Forest Park, GA 30297,5002 Park AVE
Forest Park, GA 30297,5002 Park AVE
Forest Park, GA 30297,5002 Park AVE
Forest Park, GA 30297,5002 Park AVE
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Adrian Schmidt

Adrian Schmidt

+1(404) 229-6777
$ 500,000
Est. payment /mo
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Price Change

5002 Park AVE Forest Park, GA 30297

9,583 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Triplex

Listing Status Price Change

Purchase Type For Sale

MLS Listing ID 10647483

HOA Y/N No

Year Built 1947

Annual Tax Amount $6,110

Tax Year 2024

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 9583.2

Property Sub-Type Multi Family,Triplex

Source Georgia MLS 2

Property Description

Exceptional Forest Park investment opportunity featuring a triplex plus a detached 1BR/1BA cottage on a corner lot, offering high 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. The property was generating $4,650/month, 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.

Location

State GA

County Clayton

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces GPS

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

Others

HOA Fee Include None

Tax ID 13050D J001

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2026 Georgia Multiple Listing Service. All Rights Reserved.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 14
  • 5

    Riverdale Elementary School

    Public | PK - 5

  • 5

    Fountain Elementary School

    Public | PK - 5

  • 5

    Unidos Dual Language Charter School

    Public | KG - 8

  • 5

    Lake City Elementary School

    Public | PK - 5

  • 5

    Haynie Elementary School

    Public | KG - 5

  • 5

    Morrow Elementary School

    Public | PK - 5

  • 4

    Edmonds Elementary School

    Public | PK - 5

  • 4

    Anderson Elementary School

    Public | PK - 5

  • 3

    Hapeville Elementary

    Public | PK - 5

  • 3

    Heritage Academy Elementary

    Public | PK - 5

  • 3

    Huie Elementary School

    Public | PK - 5

  • 0

    Scholars Academy Charter School

    Public | KG - 5

  • 0

    St John the Evangelist School

    Private | PK - 8

  • 0

    Atlanta Adventist International School

    Private | KG - 7

Middle Schools 4
  • 6

    Babb Middle School

    Public | 6 - 8

  • 5

    Morrow Middle School

    Public | 6 - 8

  • 2

    Forest Park Middle School

    Public | 6 - 8

  • 0

    Owens Christian Preparatory Academy

    Private | 6 - 11

High Schools 3
  • 4

    Charles R. Drew High School

    Public | 9 - 12

  • 1

    Forest Park High School

    Public | 9 - 12

  • 0

    Forest Park Street School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Adrian Schmidt

Adrian Schmidt

Broker Associate | License ID: 174184

+1(404) 229-6777

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5002 Park AVE