686 Morrow Rd Forest Park, GA 30297
Forest Park AreaEstimated payment $1,682/month
Highlights
- 2 Fireplaces
- 1-Story Property
- Central Heating and Cooling System
- No HOA
About This Home
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. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.
Listing Agent
O. Realty, LLC Brokerage Phone: 7706810703 License #348816 Listed on: 07/01/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,833
Year Built
- Built in 2002 | Remodeled
Home Design
- House
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1-Story Property
- 2 Fireplaces
- Laundry in unit
- Basement
Parking
- 3 Parking Spaces
- Parking Pad
Schools
- Haynie Elementary School
- Babb Middle School
- Forest Park High School
Additional Features
- 7,405 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Forest Hills Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,607 | $75,320 | $5,600 | $69,720 |
| 2024 | $2,611 | $73,880 | $5,600 | $68,280 |
| 2023 | $2,401 | $75,120 | $5,600 | $69,520 |
| 2022 | $1,397 | $39,480 | $5,600 | $33,880 |
| 2021 | $1,414 | $39,680 | $5,600 | $34,080 |
| 2020 | $1,339 | $37,176 | $5,600 | $31,576 |
| 2019 | $1,279 | $34,943 | $4,800 | $30,143 |
| 2018 | $1,264 | $34,530 | $4,800 | $29,730 |
| 2017 | $1,040 | $28,155 | $4,800 | $23,355 |
| 2016 | $911 | $24,531 | $4,800 | $19,731 |
| 2015 | $730 | $0 | $0 | $0 |
| 2014 | $715 | $19,557 | $5,600 | $13,957 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2026 07/01/26 | For Sale | $250,000 | 0.0% | -- |
| 11/16/2021 11/16/21 | Rented | $1,400 | 0.0% | -- |
| 11/04/2021 11/04/21 | For Rent | $1,400 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $475,000 | -- | |
| Special Warranty Deed | -- | -- | |
| Deed | $85,091 | -- | |
| Warranty Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $16,000 | Stand Alone Second |
Source: Georgia MLS
MLS Number: 10797103
APN: 13-0111C-00A-035
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Ask me questions while you tour the home.