$990,000

4843 Old Dixie Highway, Forest Park, GA 30297

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon0.92acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Fantastic property that has doubled in cashflow to $137k/yr in the past few years from over $305k in renovations. Property still has a LOT more value add potential to go. Property requires zero on-site staff, and only takes a couple hours a month of management visits for matters such as turnover or maintenance. All of the major systems have been updated such as underground sewer lines, entire roof replacements for 2/3 buildings, full gut job renovations, and adding more efficient thermostat-based air systems just to name a few. This property is also minutes to the Atlanta Harstfield-Jackson Airport, Forest Park Farmer's Market, numerous stores/restaurants, and is about 10 minutes to Southlake Mall which features numerous surrounding plazas. Unit makeup is 8x Studio/1BA, and 6x 1BR/1BA Apartments. Adjacent neighbors include Public Storage, and Georgia Power container bays inventory storage so it's fairly quiet.

Listing Status:
Active
Date Added:
February 20, 2026
Data Last Updated:
March 27, 2026 at 2:08AM
Listing Office:
Wynd Realty Georgia : 404-933-4017
Listing Agent:
Ivan Alfaro : 678-982-8854
MLS ID:
10696522
  • Basement: None
  • A/C: Window Unit(s)
  • Heating: Electric
  • Fireplace: Fireplaces: 0
  • Parking: DetachedParking spaces: 0
  • General: Vinyl SidingOne
  • HOA Amenities: 0.0
  • Originating MLS: Georgia MLS 2
  • County: Clayton
  • Zoning: 13052A A007
  • Utilities: Underground Utilities
  • Water: Public
  • Sewer: Public Sewer
  • Source: Georgia MLS 2

This listing courtesy of Ivan Alfaro , Wynd Realty Georgia

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Edmonds Elementary School

4495 Simpson Rd, Forest Park, GA, 30297

Grades PK-5

2.13 miles away

F

Forest Park Middle School

930 Finley Dr, Forest Park, GA, 30297

Grades 6-8

1.43 miles away

C

Charles R. Drew High School

6237 Garden Walk Blvd, Riverdale, GA, 30274

Grades 9-12

2.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.