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$520,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
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Exceptional Forest Park investment opportunity featuring a triplex plus a detached 1BR/1BA cottage on a corner lot, offering strong 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. Current income is $4,650/month with two tenants on month-to-month leases, 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.

Full Property Details for 5002 Park Ave

General

  • Price: $520,000
  • Taxes: $6,110 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: FMLS_Atlanta
  • MLS ID: 7682129
  • Updated: 11/28/2025
  • Added to Site: 59 day(s) ago

Additional Information

  • Amenities: None
  • Security/Safety: None

Parking

  • Parking Features: None

Location

  • County: Clayton
  • Subdivision: None
  • Driving Directions: GPS

School Information

  • Elementary School: Clayton - Other
  • Middle School: Clayton - Other
  • High School: Clayton - Other

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: None

Structural Information

  • Detached/Attached: Detached
  • Exterior Const.: Vinyl Siding
  • Roof: Composition, Shingle
  • Windows: None
  • Stories/Levels: One
  • Year Built: 1947
  • Property Condition: Resale

Lot Features

  • Property View: Other
  • Lot Size (Acres): 0.2202
  • Lot Size Source: Public Records
  • Lot Dimensions: 171 x 56 1
  • Lot Features: Corner Lot
  • Fencing (Description): None

Water Features

  • Docks: None

Financial Considerations

  • Tax Amount: $6,110
  • Tax Year: 2024
  • Terms: 1031 Exchange, Cash, Conventional, FHA

Disclosures and Reports

  • Property ID: 13050D J001

Listed by Keller Williams Realty Intown ATL

FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 14 2026 4:12PM

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Listing agent

— 5002 Park Ave —

  • Keller Williams Realty Intown ATL

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5002 Park Ave

School District:Clayton County School District
NameGradesDistance
Fountain Elementary School
5215 West Street, Forest Park, GA 30297
PK-50.7 mi
Babb Middle School
5500 Reynolds Road, Forest Park, GA 30297
6-81.1 mi
Forest Park High School
5452 Phillips Drive, Forest Park, GA 30297
9-121 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 5002 Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/08/2025
Listed
$520,000
96.23%
MLS
2/04/2021
Sold
$265,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5002 Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,328
4%
$185,280
6%
2024
$6,110
29%
$175,240
18%
2023
$4,736
64%
$148,200
78%
2021
$2,885
-21%
$83,040
-22%
2022
$3,657
27%
$106,000
49%
2021
$2,885
38%
$71,136
21%
2019
$2,091
63%
$58,730
63%
2018
$1,281
29%
$36,000
30%
2017
$990
3%
$27,741
3%
2016
$964
12%
$27,008
10%
2015
$862
2%
$24,618
2%
2014
$842
-15%
$24,218
-15%
2013
$992
—
$28,483
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Realty Intown ATL

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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 14 2026 4:12PM

5002 Park Avenue, Forest Park, GA 30297 (MLS# 7682129) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 5002 Park Avenue is currently listed for $520,000 and was received on November 18, 2025. Want to learn more about 5002 Park Avenue? Do you have questions about finding other Multi-Family real estate for sale in Forest Park? You can browse all Forest Park real estate or contact a Coldwell Banker agent to request more information.

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