4843 Old Dixie Highway | 14 Unit Multifamily

ACTIVE

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Property Location

4843 Old Dixie Highway, Forest Park GA 30297

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List Price $875,000

Units 14

Price / Unit $62,500

High-demand multifamily opportunity in Forest Park, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

4843 Old Dixie Highway Forest Park, GA 30297

Data last updated: July 30, 2026 at 7:54 PM

ACTIVE

Rare 9 Cap in Metro Atlanta by the Airport! This property is 100% occupied, cash-flowing near $140k/year, and no on-site staff needed. Multiple ways to continue increasing property value & cashflow including plenty of space to expand existing buildings, add more buildings, or add coin laundries. Most critical renovations & systems upgrades have been completed over the past 3 years including roofs, plumbing, electrical, and numerous updates/gut job renovations to most apartments.

Investment Notes — Forest Park

Located in the Forest Park, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled using FMLS data + Atlanta market benchmarks · Estimates applied where listing data is incomplete

Price per Unit $62,500 Verified

Est. Cap Rate — No Data

Gross Income — No Data

Est. NOI — No Data

Est. Year 1 Cash Flow — after estimated debt service No Data

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

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Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

6.0%

Operating Expense Ratio Estimated

40%

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Other Forest Park, GA multifamily properties currently available

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Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using available FMLS listing data combined with Atlanta metro market benchmarks (including estimated average rents, vacancy, and expense ratios) when complete rent-roll or operating data is not provided in the listing.

Any estimated or modeled figures shown on this site represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7810629 · Listing courtesy of Your Home Sold Guaranteed Realty Crown Group, Ivan Alfaro · 678-798-8150

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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