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  • Price cut: $15.1K (7/18)
    $479,900

    5002 Park Ave, Forest Park, GA 30297

    6beds
    4baths
    --sqft
    : 
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    Triplex, Residential Income
    Built in 1947
    -- sqft lot
    $466,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Updated hvac systemsMultiple updated furnacesCorner lot
    Exceptional investment opportunity just minutes from the airport featuring a triplex plus a detached 1BR 1 BA cottage on a corner lot with strong cash flow and upside potential. The property includes two 2BR 1BA units, one 1BR 1BA unit, and a detached 1BR 1BA cottage, currently generating approximately $4,200/month in rental income. Major updates include a newer roof and siding (approx. 2018), new windows (2020), updated HVAC systems, multiple updated furnaces, and renovated interiors in select units. The detached cottage received a full HVAC upgrade in 2022. Conveniently located minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and I-75, this is an ideal opportunity for investors seeking stable rental income, multiple revenue streams, and long-term growth potential.
    62 days
    |
    231
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alex Gaston,

    Keller Williams Realty Intown ATL 404-541-3500

    Source: FMLS GA,MLS#: 7775643MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Windows: None
      Video & virtual tour

      Property

      Parking
      • Parking features: None
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: No Dock
      • Fencing: None
      • Has view: Yes
      • View description: Other
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 9,591 Square Feet
      • Dimensions: 171 X 56 1
      • Features: Corner Lot
      Details
      • Parcel number: 13050D J001

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Residential Income
      Materials
      • Vinyl Siding
      • Roof: Composition,Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: None
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: None
      • Security: None
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Forest Park

      Financial & listing details

      • Tax assessed value: $463,200
      • Annual tax amount: $6,110
      • Date on market: 5/21/2026
      • Cumulative days on market: 62 days
      • Listing terms: 1031 Exchange,Cash,Conventional

        Estimated market value

        $466,300

        $443,000 - $490,000

        $1,421/mo

        Price history

        DateEventPrice
        7/18/2026Price change$479,900-3.1%
        Source: GAMLS #10772279 Report a problem
        5/23/2026Listed for sale$495,000-1%
        Source: FMLS GA #7775643 Report a problem
        2/27/2026Listing removed$500,000
        Source: GAMLS #10647483 Report a problem
        1/27/2026Listing removed$1,150
        Source: Zillow Rentals Report a problem
        1/22/2026Price change$500,000-3.8%
        Source: FMLS GA #7682129 Report a problem
        1/20/2026Listed for rent$1,150+70.4%
        Source: Zillow Rentals Report a problem
        11/28/2025Pending sale$520,000
        Source: FMLS GA #7682129 Report a problem
        11/18/2025Listed for sale$520,000+96.2%
        Source: FMLS GA #7682129 Report a problem
        2/4/2021Sold$265,000
        Source: Public Record Report a problem
        12/23/2020Pending sale$265,000
        Source: Citiside Properties, LLC. #6807299 Report a problem
        12/13/2020Listed for sale$265,000
        Source: Citiside Properties, LLC. #6807299 Report a problem
        12/9/2020Pending sale$265,000
        Source: Citiside Properties, LLC. #6807299 Report a problem
        11/22/2020Listed for sale$265,000
        Source: Citiside Properties, LLC. #6807299 Report a problem
        11/12/2020Pending sale$265,000
        Source: Citiside Properties, LLC. #6807299 Report a problem
        11/11/2020Listed for sale$265,000+28%
        Source: Citiside Properties, LLC. #6807299 Report a problem
        1/9/2020Listing removed$675
        Source: Perimeter Property Services Report a problem
        12/26/2019Listed for rent$675+22.7%
        Source: Perimeter Property Services Report a problem
        9/5/2019Sold$207,000+25.5%
        Source: Public Record Report a problem
        2/20/2018Listing removed$550
        Source: Perimeter Property Services - Property # 471907 Report a problem
        2/11/2018Listed for rent$550+29.4%
        Source: Perimeter Property Services - Property # 471907 Report a problem
        2/7/2018Sold$165,000+83.3%
        Source: Public Record Report a problem
        12/22/2017Sold$90,000+12.5%
        Source: Public Record Report a problem
        6/12/2014Listing removed$80,000
        Source: Maximum One Realty #5275688 Report a problem
        6/11/2014Pending sale$80,000+8.8%
        Source: Maximum One Realty #5275688 Report a problem
        6/9/2014Sold$73,500-8.1%
        Source: FMLS GA #5275688 Report a problem
        4/12/2014Price change$80,000-11%
        Source: Maximum One Realty #5275688 Report a problem
        4/12/2014Listing removed$425
        Source: RE/MAX Advantage #7096496 Report a problem
        4/2/2014Listed for rent$425
        Source: RE/MAX Advantage #7096496 Report a problem
        10/11/2013Listed for sale$89,900
        Source: Maximum One Realty #7168113 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,328 +3.6%$185,280 +5.7%
        2024$6,110 +29%$175,240 +18.2%
        2023$4,736 +29.5%$148,200 +39.8%
        2022$3,657 +26.7%$106,000 +27.6%
        2021$2,885 +15.6%$83,040 +48.5%
        2020$2,496 +19.4%$55,922 -61.9%
        2019$2,091 +63.1%$146,826 +307.9%
        2018$1,281 +29.4%$36,000 +29.8%
        2017$990 +2.7%$27,741 +2.7%
        2016$964 $27,008
        2015$964 +11.9%--
        2014$862 -13.1%$24,218
        2013$992 -18.1%--
        2012$1,211 -8.4%--
        2011$1,322 -8.9%--
        2010$1,451 -23.2%--
        2009$1,888 +7.4%--
        2008$1,758 -1.1%--
        2007$1,777 -11.9%--
        2006$2,017 +15.4%--
        2005$1,749 +10.3%--
        2003$1,585 +0.1%--
        2002$1,584 +27%--
        2001$1,247 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 30297

        Getting around

        60 / 100
        Somewhat Walkable
        37 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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