$500,000

5002 Park Avenue, Forest Park, GA 30297

  • Property Icon Triplex
  • Property Year Built Icon Built in 1947
  • Property Lot Size Icon9,592sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

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 generates $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.

Listing Status:
Active
Date Added:
November 18, 2025
Data Last Updated:
February 8, 2026 at 6:08PM
Listing Office:
Keller Williams Realty Intown ATL : 404-541-3500
Listing Agent:
Alex Gaston : 757-303-6078
MLS ID:
7682129
  • A/C: Central Air
  • Heating: Central
  • Disability Feature: None
  • Eco/Green Feature: NoneNone
  • Parking: None
  • Roofing: CompositionShingle
  • Windows: None
  • General: Vinyl SidingOne
  • Originating MLS: First Multiple Listing Service
  • County: Clayton - GA
  • Zoning: LOT 2313050D J001
  • View: Other
  • Fencing: None
  • Utilities: None
  • Water: Public
  • Sewer: Public Sewer
  • Source: First Multiple Listing Service

Presented by Veterans United Realty

This listing courtesy of Alex Gaston , Keller Williams Realty Intown ATL

Monthly Payment

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

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Location

Schools Nearby

F

Fountain Elementary School

5215 West St, Forest Park, GA, 30297

Grades PK-5

0.71 miles away

F

Forest Park Middle School

930 Finley Dr, Forest Park, GA, 30297

Grades 6-8

0.37 miles away

F

Forest Park High School

5452 Phillips Dr, Forest Park, GA, 30297

Grades 9-12

1.02 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.