$7,422

closing credit¹

564 Evergreen Ter Forest Park, GA 30297

$625,000
0.4 acres
Multi-Family

Property details

About 564 Evergreen Ter

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. Seller prefers to sell buildings 554, 574, 573, and 559 along with building 564. The listed price reflects the cost for each individual building. This offering includes five 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

Highlights

Home typeQuadruplex
HeatingCentral
StatusSale Pending
(Pending)
CoolingHeat Pump
Lot size0.42 Acres
Year built1968
ParkingParking Lot
MLS #7512746
ViewRural

Summary

  • MLS Number: 7512746
  • MLS Name: First Multiple Listing Service
  • Office Name: Bolst, Inc.
  • Office Phone: (404) 482-2293
  • Listing Agent: Erika Brown

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. 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 and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a front lawn

$625,000

564 Evergreen Ter

$7,422

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 21, 2022
Home Sold
$360,000

Tax history

YearAssessmentProperty Tax
2024$130,960$4,351
2022$70,320$2,425
2020$56,652$2,086
2019$58,890$2,103
2017$41,012$1,463

History based on county public records data.

Nearby schools

6

Unidos Dual Language School

Public District PK-5

0.2 mi

4475 Hendrix Dr

3

Edmonds Elementary School

Public District PK-5

1.3 mi

4495 Simpson Rd

4

Huie Elementary School

Public District PK-5

1.4 mi

1260 Rockcut Rd

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 $30,266. Residents of Forest Park, GA typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

59%
<35k
31%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
24%
Single, with Kids
10%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
7%
12-17 yrs old
32%
18-34 yrs old
35%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • DodgeDodge
  • PontiacPontiac
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

This home is located at 564 Evergreen Ter in Forest Park, GA and zip code 30297. Features: 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $625,000.

Over 2 listings were sold over their listed price in January 2025 in Forest Park, GA. In the same period over 14 listings were sold below the listed price and 2 listings were sold for the listed price. Between December and January 2025, Forest Park, GA real estate market has seen increase in the number of listings by 28.3%. Listings spent 57 days on the market in January 2025, and had a median list price of $185,000 during the same period.

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

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