Keller Williams Metro Atlanta - Kale Wright
1/13
Listing Courtesy Of: Bolst, Inc., 404-482-2293, Erika Brown, First MLS
Local Realty Services Provided By: Keller Williams Realty Intown Atlanta
Overview
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$599,000
559 Evergreen Terrace, Forest Park, GA 30297
.42 ac
$599,000

559 Evergreen Terrace, Forest Park, GA 30297

Estimation provided by Keller Williams Realty Inc.
.42 ac
Active
For Sale
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Property Description

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

Property Details

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Overview
Property Type
Quadruplex
Year Built
1968
Days on Site
14 Days
HVAC
Heat Pump, Central
Parking
6 Parking Spaces
Realtor Kale
Keller Williams Metro Atlanta
GREC 271398

Activity History

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Purchase Price: $599,000
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Price & Tax History

Date
Event
Price
03/06/2025
Listed
$599,000
(+66.39%)
01/21/2022
Sold
$360,000
(-65.71%)
11/14/2018
Sold
$1,050,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$2,994
(+17.61%)
$93,680
Land 8,800 + Additions 84,880
2022
$2,546
(+17.49%)
$73,800
Land 8,800 + Additions 65,000
2021
$2,167
(+7.48%)
$62,360
Land 8,800 + Additions 53,560
2020
$2,016
(-5.24%)
$57,451
Land 8,800 + Additions 48,651
2019
$2,127
(+58.1%)
$57,451
Land 8,800 + Additions 48,651
2018
$1,346
(+5.11%)
$37,800
Land 5,600 + Additions 32,200
2016
$1,280
$37,800
Land 5,600 + Additions 32,200
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Estimated commute times from Forest Park 2
Car-Dependent Walkable Very Walkable
Realtor Kale
Keller Williams Metro Atlanta
GREC 271398

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