Sold for $850,000

Street View

$850,000

4855 College St, Forest Park, GA 30297

--beds

0baths

800sqft

MultiFamily

Built in 1957

-- sqft lot

$-- Zestimate^®

$1,063/sqft

$1,140 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,140/mo

Zestimate^® history

Owner options

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$1,140/mo

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$1,140/mo

Rent Zestimate^®

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$5,294/mo

Est. payment

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$5,294/mo

Est. payment

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What's special

Strong 16-unit Value-Add Opportunity in Atlanta's Aerotropolis Area (Forest Park). This asset can be purchased individually or as a portfolio of 30-units in Forest Park. Over $150+ in rental upside. After executing an interior value-add business plan an investor can potentially achieve a year one CAP rate of 9%+. This asset is located 3 miles from AtlantaGÇÖs Hartsfield Jackson Airport which is the busiest airport in the world.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Forced air, Electric

Cooling

None

Appliances

Included: Range / Oven, Refrigerator

Interior area

Total interior livable area: 800 sqft

Property

Parking

Parking features: Off-street

Features

Exterior features: Brick

Lot

Size: 0.7 Acres

Details

Parcel number: 13050BE003

Construction

Type & style

Home type: MultiFamily

Condition

Year built: 1957

Utilities & green energy

Sewer: Sewer In Street
Water: Private Water

Community & HOA

Location

Region: Forest Park

Financial & listing details

Price per square foot: $1,063/sqft
Tax assessed value: $1,554,458
Annual tax amount: $21,235

Price history

Date	Event	Price
9/2/2025	Sold	$850,000+13.3%$1,063/sqft
Source: Public Record Report a problem
10/16/2020	Sold	$750,000-18.5%$938/sqft
Source: Public Record Report a problem
8/8/2016	Sold	$920,000+91.7%$1,150/sqft
Source: Public Record Report a problem
6/12/2015	Sold	$480,000$600/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$21,235 -8.5%	$621,783 -6.6%
2024	$23,215 +112.7%	$665,832 +95%
2023	$10,914 +40.1%	$341,476 +51.3%
2022	$7,788 -0.7%	$225,756
2021	$7,844 +24.2%	$225,756 +25.4%
2020	$6,316 -1.4%	$180,000 -60%
2019	$6,407	$450,000 +134.1%
2018	$6,407 +5%	$192,200 +12.4%
2017	$6,103 +4.8%	$171,000 +4.8%
2016	$5,825	$163,200
2015	$5,825 +38.4%	--
2014	$4,208	$99,800