564 Evergreen Terrace
Forest Park, GA 30297
- – beds
- – baths
- ~1/2 acre lot
- 1968 build
- – on site
TENANT OCCUPIED – PLEASE DO NOT DISTURB TENANTS. Showings will be conducted after an offer is accepted! This property is part of a 20-unit multifamily complex strategically situated in the Forest Park neighborhood of metro Atlanta. *Three buildings are under contract. Buildings 554 and 559 are still available.* The listed price reflects the cost for each individual building. This offering includes individually deeded quadruplexes, each building housing four spacious 2-bedroom, 1-bath units, for a total of 20 units! The current owner has completed substantial upgrades, including fully renovating 15 out of 20 kitchens and bathrooms with modern finishes such as white shaker cabinets, granite countertops, SS appliances, and new flooring. Additionally, 16 out of 20 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
Last checked:
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Last updated Feb 19, 2025
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MLS# 7512746 —
The Building
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Year Built:1968
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Construction Materials:Brick 4 Sides
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# of Units Total:4
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Levels:Two
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Roof:Shingle
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Window Features:Insulated Windows
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Security Features:None
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Accessibility Features:Accessible Doors
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Green Energy Efficient:None
Interior
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Flooring:Carpet
Location
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Directions:Use GPS
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Latitude:33.635054
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Longitude:-84.371341
The Property
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Parcel Number:13019D F002
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Condition:Updated/Remodeled
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Lot Features:Private
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Lot Size Acres:0.42
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Lot Size Dimensions:201 x 90
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Lot Size Source:Public Records
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View:Rural
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Fencing:None
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Waterfront Features:None
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Water Body Name:None
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (404) 482-2293
- Office phone:
- (404) 482-2293
Taxes
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Tax Year:2024
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Tax Annual Amount:4351
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/564-Evergreen-Terrace-Forest-Park-GA-30297/unbranded
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Home Warranty:false
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Special Listing Conditions:Real Estate Owned
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Special Circumstances:None
Heating & Cooling
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Cooling:Heat Pump
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Water Source:Public
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Green Energy Generation:None
Schools
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Elementary School:Clayton - Other
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Middle Or Junior School:Forest Park
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High School:Forest Park
The Community
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Subdivision Name:Springwoods
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Community Features:Near Public Transport
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Association:false
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Pool Private:false
Parking
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Parking Total:6
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Parking Features:Parking Lot
Listing Provided Courtesy of Bolst, Inc.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/19/25
Feb 19, 2025
|
Relisted | FMLS | $625,000 | |
2/7/25
Feb 7, 2025
|
Pending | FMLS | $625,000 | |
1/23/25
Jan 23, 2025
|
Listed / Active | FMLS | $625,000 |