For Sale
Multi family home for sale at 5066 Phillips Dr, Forest Park, GA 30297 | MLS# 10840639 | Listing updated on 2026-09-04
Photo 1 of Multi family home for sale at 5066 Phillips Dr, Forest Park, GA 30297 | MLS# 10840639 | Listing updated on 2026-09-04
Photo 2 of Multi family home for sale at 5066 Phillips Dr, Forest Park, GA 30297 | MLS# 10840639 | Listing updated on 2026-09-04
Photo 3 of Multi family home for sale at 5066 Phillips Dr, Forest Park, GA 30297 | MLS# 10840639 | Listing updated on 2026-09-04
Photo 4 of Multi family home for sale at 5066 Phillips Dr, Forest Park, GA 30297 | MLS# 10840639 | Listing updated on 2026-09-04
9+
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$250,000

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

5066 Phillips Dr, Forest Park, GA 30297

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  • Multi Family

  • Built in 1940

  • $-- HOA

  • 11,761.2 sqft lot

  • --/sqft

Description

Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. I...

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  • Houzeo last checked: 3 minutes ago
  • Listing updated: September 4, 2026 at 8:49 pm
  • Listing Provided by: | O. Realty, LLC (323) 829-9217
  • Source: Georgia MLS-GA | MLS#: 10840639 Georgia MLS-GA

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Building
5066 Phillips Dr
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Clayton County

  • City

    Forest Park

  • Neighborhood

    --

  • Year Built

    1940

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    11,761.2 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Georgia MLS

  • MLS Number

    10840639

  • MLS Status

    New

  • Days on Market

    9

Data provided by Redfin

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