$125,000

5498 Park Place S Atlanta, GA 30349

Estimated payment $857/month

Total Views 8,556
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • Corner Lot
  • Three Sided Brick Exterior Elevation
  • Wood Flooring
  • Detached Garage
  • Whole House Fan

About This Home

This well-maintained property at 5498 Park Place presents a fantastic opportunity for investors seeking a stable, long-term rental income. Currently leased at $1200 per month, the lease runs through March 2026, offering excellent cash flow and peace of mind. Current Tenant has been a long term renter wanting to stay on for multiple years. HOA monthly dues are $125.
This property represents a perfect addition to any investor's portfolio, with consistent rental income and an attractive lease term. Don’t miss the chance to secure this investment opportunity with steady cash flow and future value potential.

Listing Agent

Alishan Nanji

Virtual Properties Realty.com License #411996 Listed on: 06/27/2025

Virtual Properties Realty.com

Co-Listing Agent

Mary Kim

Virtual Properties Realty.com License #432279

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,106

Year Built

  • Built in 1985

Lot Details

  • 4,609 Sq Ft Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Whole House Fan

Flooring

  • Wood
  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Parking

  • Detached Garage
  • Parking Lot

Schools

  • Northcutt Elementary School
  • North Clayton Middle School
  • North Clayton High School

Utilities

  • Central Heating

Community Details

  • Park Place South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13090B B066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,106

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Condition: Resale
  • Year Built: 1985
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Luxury Vinyl
  • Window Features: None

Exterior Features

  • Construction Materials: Brick 3 Sides, Brick Front
  • Roof Type: Composition
  • Pool Private: No

Garage/Parking

  • Parking Features: Detached, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Whole House Fan
  • Heating: Central

Condo/Co-op/Association

  • Subdivision Complex: Park Place South

Schools

  • Elementary School: Northcutt
  • Middle School: North Clayton
  • High School: North Clayton

Lot Info

  • Acres: 0.1058
  • Lot Features: Corner Lot
  • Lot Dimensions: x 25
  • Parcel Number: 13090B B066
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 1

Tax Info

  • Taxes: 2106.00
  • Assessor Parcel Number: 13-0090B-00B-066
  • Tax Year: 2024

MLS Schools

  • Elementary School: Northcutt
  • High School: North Clayton
  • Middle School: North Clayton

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,106 $53,000 $5,600 $47,400
2023 $1,106 $30,640 $5,600 $25,040
2022 $1,200 $29,600 $5,600 $24,000
2021 $1,215 $29,800 $5,600 $24,200
2020 $1,131 $27,321 $5,600 $21,721
2019 $986 $23,342 $4,800 $18,542
2018 $801 $18,800 $4,800 $14,000
2017 $880 $20,692 $4,800 $15,892
2016 $876 $20,585 $4,800 $15,785
2015 $869 $0 $0 $0
2014 $1,034 $25,046 $4,800 $20,246
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $125,000 +26.3% --
02/22/2021 02/22/21 Sold $99,000 -0.9% $84 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/17/2021 01/17/21 For Sale $99,900 0.0% $84 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $99,900 0.0% $84 / Sq Ft
03/11/2020 03/11/20 Rented $1,030 -1.9% --
01/17/2020 01/17/20 For Rent $1,050 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $99,000 --
Foreclosure Deed $47,001 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,200 New Conventional
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7605972

First Multiple Listing Service (FMLS)

APN: 13-0090B-00B-066