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$250,000
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Property Description
Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.
Full Property Details
Full Property Details for 686 Morrow Rd
General
- Price: $250,000
- Taxes: $3,833 (25)
- Status: Active
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10797103
- Updated: 7/15/2026
- Added to Site: 55 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: Parking Pad
Location
- County: Clayton
- Driving Directions: GPS
School Information
- Elementary School: Haynie
- Middle School: Babb
- High School: Forest Park
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Electricity Individual Meters, Sewer Connected, Individual Water Meters
Structural Information
- Construction Status: Updated/Remodeled
- Basement Desc.: Concrete
- Stories/Levels: One
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Range: .17
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $3,833.41
- Tax Year: 25
Disclosures and Reports
- Special Conditions: Investor-Owned
Listing Courtesy of: O. Realty, LLC
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Schools
Schools serving 686 Morrow Rd
School District:Clayton County School District
| Name | Grades | Distance |
|---|---|---|
Haynie Elementary School 1169 Morrow Road, Morrow, GA 30260 | PK-5 | 0.9 mi |
Babb Middle School 5500 Reynolds Road, Forest Park, GA 30297 | 6-8 | 1.2 mi |
Forest Park High School 5452 Phillips Drive, Forest Park, GA 30297 | 9-12 | 1.2 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 686 Morrow Rd
Date
Details
Price
Change
Source
7/01/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 686 Morrow Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,607
—
$75,320
2%
2024
$2,611
9%
$73,880
-2%
2023
$2,401
72%
$75,120
90%
2022
$1,397
-1%
$39,480
-1%
2021
$1,414
—
$39,680
7%
2021
$1,414
11%
$37,176
6%
2019
$1,279
1%
$34,943
1%
2018
$1,264
22%
$34,530
23%
2017
$1,040
14%
$28,155
15%
2016
$911
25%
$24,531
24%
2015
$730
2%
$19,856
2%
2014
$715
38%
$19,557
41%
2013
$519
—
$13,898
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 686 Morrow Rd
686 Morrow Road, Forest Park, GA 30297 (MLS# 10797103) is a Multi-Family property with 1 unit containing 0 bedrooms and 0 full bathrooms. 686 Morrow Road is currently listed for $250,000 and was received on July 01, 2026. Want to learn more about 686 Morrow Road? 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.

