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  • Price$479,900
  • Acres0.22
  • Built1947

5002 Park Avenue, Forest Park

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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Essential Information

  • MLS® #10772279
  • Price$479,900
  • Bathrooms0.00
  • Acres0.22
  • Year Built1947
  • TypeResidential Income
  • StatusActive

Amenities

  • UtilitiesElectricity Individual Meters, Gas Individual Meters
  • ParkingNone

Exterior

  • ConstructionVinyl Siding

Additional Information

  • Days on Market101

Community Information

  • Address5002 Park Avenue
  • SubdivisionNone
  • CityForest Park
  • CountyClayton
  • StateGA
  • Zip Code30297

Interior

  • HeatingCentral
  • CoolingCentral Air
  • StoriesOne

School Information

  • ElementaryOther
  • MiddleOther
  • HighOther

Listing Details

  • Listing Provided Courtesy Of Keller Williams Realty

Price Change History for 5002 Park Avenue, Forest Park, GA (MLS® #10772279)

Date Details Price Change
Active – –
Price Change (from Active) – –
Price Reduced (from $495,000) $479,900 $15,100 (3.05%)
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Listing information last updated on August 31st, 2026 at 9:59am CDT.