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$587,000
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Property Description
TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS. This property is part of a 20 -unit multifamily complex strategically situated in the Forest Park neighborhood of metro Atlanta. There are 5 buildings in the complex. Four have sold. This building has four spacious 2-bedroom, 1-bath units!The current owner has completed substantial upgrades. While much of the hard work has been done, this portfolio presents an opportunity for a savvy investor to add value and further enhance the remaining units. This is your chance to grow your wealth through long-term appreciation in one of the country's most dynamic markets. The Atlanta metro area is expected to double in population over the next 20 years, driving continued demand for quality rental properties like Evergreen Terrace. Positioned on a generous 2.35-acre lot, the property is centrally located just 10 minutes from Hartsfield-Jackson Atlanta International Airport and 12 minutes from Porsche Headquarters, with quick access to major highways like I-285 and I-75. Public transportation is also conveniently available, with MARTA stops within walking distance. Each building features a single water meter, and tenants pay a monthly utility fee that covers water and sewer costs, making management simple and efficient. Units offer tenant-friendly features such as in-unit washer/dryer hookups, modern designer lighting, and spacious 2-bedroom layouts. While each building is deeded individually, the seller's preference is to sell all five buildings together, presenting an investor with a rare opportunity to acquire 20 units in one transaction. The combination of thoughtful renovations, professional management, and a prime location near major employment hubs ensures strong tenant demand and consistent returns. Additionally, this property is perfectly positioned for long-term growth as the Atlanta metro continues to expand, offering excellent appreciation potential for forward-thinking investors. Contact us today to learn more and take the first step toward securing this exceptional asset. A member of the selling entity is a licensed real estate professional in the State of Georgia
Full Property Details
Full Property Details for 559 Evergreen Terrace
General
- Sold For: $587,000
- Taxes: $4,262 (2025)
- Status: Closed
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10672461
- Added to Site: 81 day(s) ago
Rooms
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Detached
Location
- County: Clayton
- Driving Directions: Use GPS
School Information
- Elementary School: Other
- Middle School: Forest Park
- High School: Forest Park
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Electricity Individual Meters, Sewer Connected, Underground Utilities, Water Billing Prorated
Structural Information
- Construction Status: Updated/Remodeled
- Basement Desc.: Crawl Space
- Stories/Levels: Two
- Year Built: 1968
Unit Information
Unit 1
- Unit Description: Range/Oven, Refrigerator, Smoke/Fire Alarm
- Bedrooms: 2
Unit 2
- Unit Description: Range/Oven, Refrigerator, Smoke/Fire Alarm
- Bedrooms: 2
Unit 3
- Unit Description: Range/Oven, Refrigerator, Smoke/Fire Alarm
- Bedrooms: 2
Unit 4
- Unit Description: Range/Oven, Refrigerator, Smoke/Fire Alarm
Lot Features
- Lot Size (Acres): 0.42
- Lot Size Range: .42
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $4,262.16
- Tax Year: 2025
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Schools
Schools serving 559 Evergreen Terrace
School District:Clayton County School District
| Name | Grades | Distance |
|---|---|---|
Huie Elementary School 1260 Rock Cut Road, Forest Park, GA 30297 | PK-5 | 1.3 mi |
Edmonds Elementary School 4495 Simpson Road, Forest Park, GA 30297 | PK-5 | 1.3 mi |
Forest Park Middle School 930 Finley Drive, Forest Park, GA 30297 | 6-8 | 1.1 mi |
Forest Park High School 5452 Phillips Drive, Forest Park, GA 30297 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 559 Evergreen Terrace
Date
Details
Price
Change
Source
3/31/2026
Sold
$587,000
-2%
MLS
2/16/2026
Price Reduced
$599,000
-3.39%
MLS
2/02/2026
Price Reduced
$620,000
-0.8%
MLS
1/14/2026
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
559 Evergreen Terrace, Forest Park, GA 30297 (MLS# 10672461) is a Multi-Family property that was sold at $587,000 on March 31, 2026. This property was sold by Nicole Bennett from our North Fulton Office.Want to learn more about 559 Evergreen Terrace? 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.


