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  • $599,000

    554 Evergreen Ter, Forest Park, GA 30297

    8beds
    4baths
    --sqft
    Quadruplex, Residential Income
    Built in 1968
    -- sqft lot
    $574,800 Zestimate®
    $--/sqft
    $1,259 Estimated rent

    Home value

    $574,800

    $483,000 - $690,000

    $1,259/mo

    Zestimate® history
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    What's special

    Modern finishesSs appliancesWhite shaker cabinetsGranite countertopsNew flooring
    TENANT OCCUPIED – PLEASE DO NOT DISTURB TENANTS. Showings will be conducted after an offer is accepted! This property is part of a 12-unit multifamily complex strategically situated in the Forest Park neighborhood of metro Atlanta.There are 5 buildings in the complex. Two have been sold. Buildings 554,559 and 574 are still available. The seller prefers to sell the remaining three together. This offering includes individually deeded quadruplexes, each building housing four spacious 2-bedroom, 1-bath units, for a total of 12 units! The current owner has completed substantial upgrades, including fully renovating all kitchens and bathrooms with modern finishes such as white shaker cabinets, granite countertops, SS appliances, and new flooring. Additionally, all HVAC systems have been replaced, all electrical and plumbing systems have been updated, and the roofs and windows on all buildings were recently replaced. 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

    Zillow last checked:

    Listing updated:

    Listed by:

    Erika Brown,

    Bolst, Inc. 404-482-2293,

    Sarah Brown,

    Bolst, Inc.

    Bought with:

    NON-MLS NMLS

    Non FMLS Member

    Source: FMLS GA,MLS#: 7535267MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Heat Pump
    Features
    • Flooring: Carpet, Vinyl
    • Windows: Insulated Windows

    Property

    Parking
    • Total spaces: 6
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: Accessible Doors, Accessible for Hearing-Impairment
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: None
    • Has view: Yes
    • View description: Rural
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 0.42 Acres
    • Dimensions: 201 x 90
    • Features: Private
    Details
    • Parcel number: 13019D F001
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Brick 4 Sides
    • Roof: Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: Near Public Transport, Near Schools, Street Lights
    • Security: None
    • Subdivision: Springwoods
    HOA
    • Has HOA: No
    Location
    • Region: Forest Park

    Financial & listing details

    • Tax assessed value: $312,000
    • Annual tax amount: $4,351
    • Date on market: 3/6/2025
    • Cumulative days on market: 15 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/23/2025Sold$599,000
    Source: FMLS GA #7535267 Report a problem
    3/28/2025Pending sale$599,000
    Source: FMLS GA #7535267 Report a problem
    3/6/2025Listed for sale$599,000+66.4%
    Source: FMLS GA #7535267 Report a problem
    2/22/2022Sold$360,000-65.7%
    Source: Public Record Report a problem
    11/15/2018Sold$1,050,000-3.9%
    Source: Agent Provided Report a problem
    7/27/2018Pending sale$1,092,500
    Source: Your Home Sold Guaranteed Rlty #8415378 Report a problem
    7/11/2018Listed for sale$1,092,500+400%
    Source: Your Home Sold Guaranteed Rlty #8415378 Report a problem
    5/30/2018Listing removed$218,500
    Source: PalmerHouse Properties & Assoc #8374286 Report a problem
    5/5/2018Listed for sale$218,500
    Source: PalmerHouse Properties & Assoc #8374286 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,262 -2%$124,800
    2024$4,351 +49.7%$124,800 +37.3%
    2023$2,906 +17.7%$90,920 +27.1%
    2022$2,469 +16.4%$71,560 +17.2%
    2021$2,121 +5.1%$61,040 +6.1%
    2020$2,018 -5.2%$57,522 -61.6%
    2019$2,130 +57.3%$149,605 +293.3%
    2018$1,354 -0.3%$38,040
    2017$1,358 +6%$38,040 -9.9%
    2016$1,281 $42,232
    2015$1,281 +17.3%--
    2014$1,092 +8.6%$31,200
    2013$1,006 -19.1%--
    2012$1,243 -33.7%--
    2011$1,876 -2.9%--
    2010$1,933 +10.7%--
    2009$1,745 -7.3%--
    2008$1,882 +1.5%--
    2007$1,855 +8.4%--
    2006$1,712 +4.1%--
    2005$1,643 +36.7%--
    2003$1,202 +49.4%--
    2002$805 +8.3%--
    2001$744 --
    Find assessor info on the county website

    Neighborhood: 30297

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Forest Park
    • High: Forest Park

    Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $574,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $574,800