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$112,000
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Property Description
This well-maintained property at 5498 Park Place presents a fantastic opportunity for investors seeking a stable, long-term rental income. Currently leased at $1200 per month, the lease runs through March 2026, offering excellent cash flow and peace of mind. Current Tenant has been a long term renter wanting to stay on for multiple years. HOA monthly dues are $125. This property represents a perfect addition to any investor's portfolio, with consistent rental income and an attractive lease term. Don't miss the chance to secure this investment opportunity with steady cash flow and future value potential.
Full Property Details
Full Property Details for 5498 Park Pl S
General
- Sold For: $112,000
- Taxes: $2,106 (2024)
- Status: Closed
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10554148
- Added to Site: 207 day(s) ago
Parking
- Parking Features: Detached
Location
- County: Clayton
- Driving Directions: **Please use the GPS**
School Information
- Elementary School: Northcutt
- Middle School: North Clayton
- High School: North Clayton
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Whole House Fan
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Other
Structural Information
- Construction Status: Resale
- Basement Desc.: None
- Stories/Levels: Two
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.106
- Lot Size Range: .106
- Lot Size Source: Public Records
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $2,106
- Tax Year: 2024
Listing Courtesy of: Virtual Properties Realty.com
Sold by Virtual Properties Realty.com
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Schools
Schools serving 5498 Park Pl S
School District:Clayton County School District
| Name | Grades | Distance |
|---|---|---|
Northcutt Elementary School 5451 W Fayetteville Rd, College Park, GA 30349 | PK-5 | 0.3 mi |
North Clayton Middle School 5517 W Fayetteville Rd, College Park, GA 30349 | 6-8 | 0.3 mi |
North Clayton High School 1525 Norman Dr, College Park, GA 30349 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5498 Park Pl S
Date
Details
Price
Change
Source
10/23/2025
Sold
$112,000
-10.4%
MLS
6/27/2025
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5498 Park Place S, Atlanta, GA 30349 (MLS# 10554148) is a Multi-Family property that was sold at $112,000 on October 23, 2025. Want to learn more about 5498 Park Place S? Do you have questions about finding other Multi-Family real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.

