$165,000

5278 Madison St Forest Park, GA 30297

$1,959
Closing credit¹
3 beds
1 full
928 sqft
0.2 acres
$178 / sqft
House

Property details

About 5278 Madison St

Calling all investors and first time homebuyers! Welcome to this charming ranch-styled, 3 bedroom, 1 bath located in the Forest Park Acres Subdivision already leased with a long-term tenant. This house comes with a guaranteed monthly income of $1,600 from the Jonesboro Housing program and just recently passed inspection. This cozy 4 sided brick home is conveniently located minutes from the highway, schools, restaurants, shopping and the airport. The home has newer paint, HVAC, and laminated wood flooring throughout the home. This home also has a large leveled backyard that's fenced and equipped with an outdoor workshop ready for all your summer projects. Schedule your showing today and make this your next easy investment!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size928 sqft
Lot size0.213 Acres
Year built1953
ParkingAssigned
MLS #10454218

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator
  • Basement: No
  • Flooring Type: Laminate
  • Interior: High Ceilings
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Assigned
  • Architectural Style: A-Frame, Brick 4 Side
  • Heating: Natural Gas
  • Cooling: Central Air
  • List Price: $165,000
  • Price/SqFt: $177
  • Annual Tax Amount: $2,054
  • Tax Year: 2024
  • Lot: Level
  • Directions: Please use GPS
  • Year Built: 1953
  • Living Area: 928 SqFt
  • Lot Size: 0.213 Acres
  • MLS Number: 10454218
  • MLS Name: Georgia MLS 2
  • Office Name: Point Honors & Assoc Realtors
  • Listing Agent: Kevin Dang

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2025, 4:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home with a front lawn

$165,000

5278 Madison St

$1,959

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 20, 2021
Home Sold
$129,000
Jun 11, 2021
Home Sold
$115,000
May 06, 2021
Home Sold
$80,000
Feb 10, 2020
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2024$58,920$2,054
2022$41,520$1,432
2020$26,543$984
2019$22,543$768
2017$17,249$615

History based on county public records data.

Nearby schools

3

Fountain Elementary School

Public District PK-5

0.5 mi

5215 West St

5

Lake City Elementary School

Public District PK-5

0.6 mi

5354 Phillips Dr

6

Unidos Dual Language School

Public District PK-5

1.6 mi

4475 Hendrix Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,748. Typical income of Forest Park, GA residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

56%
<35k
43%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
15%
Single, with Kids
19%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5278 Madison St

The listing price of 5278 Madison St property is $165,000.

The property 5278 Madison St is a house located in Forest Park, Georgia, 30297.

Active Listing: 5278 Madison St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5278 Madison St are: Fountain Elementary School (GreatSchools Rating 3/10), Lake City Elementary School (GreatSchools Rating 5/10), Unidos Dual Language School (GreatSchools Rating 6/10), Babb Middle School (GreatSchools Rating 5/10), Forest Park Middle School (GreatSchools Rating 2/10), 7 Pillars Career Academy (GreatSchools Rating 3/10), Forest Park High School (GreatSchools Rating 3/10), Charles R. Drew High School (GreatSchools Rating 3/10), Morrow High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $2,054 (source: MLS/based on county public records data).

The last sale was on October 20, 2021 for $129,000 (source: MLS/tax record).

The property at 5278 Madison St has 3 bedrooms and 1 bathroom.

The property 5278 Madison St is 928 SqFt (source: MLS/tax record).

The year of construction for 5278 Madison St is 1953.

This home is located at 5278 Madison St in Forest Park, GA and zip code 30297. This 928 square foot home, which was built in 1953, sits on a 0.21 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $165,000.

Forest Park, GA housing market in April 2025 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 10 sold below. The number of homes for sale in Forest Park, GA increased by 6.4% between March and April 2025. Listings spent 41 days on the market in April 2025, and had a median list price of $180,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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