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    • $250,000

    686 Morrow Rd, Forest Park, GA 30297

    --beds
    --baths
    --sqft
    : 
    $1,896/mo
    Get pre-qualified
    Multi Family
    Built in 2002
    -- sqft lot
    $246,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Hvac systems
    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.
    2 days
    21
    0

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Israel Obregon 770-681-0703,

    O. Realty, LLC

    Source: GAMLS,MLS#: 10840643MLS Logo

      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: In Unit
      Features
      • Basement: Concrete
      • Number of fireplaces: 2

      Property

      Parking
      • Total spaces: 3
      • Parking features: Parking Pad
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 7,405 Square Feet
      Details
      • Parcel number: 13111C A035
      • Special conditions: Investor Owned

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Slab
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Individual Meters, Sewer Connected, Water Individual Meters

      Community & HOA

      Community
      • Features: None
      • Subdivision: Forest Hills
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Forest Park

      Financial & listing details

      • Tax assessed value: $188,300
      • Annual tax amount: $3,833
      • Date on market: 9/4/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: 1031 Exchange

        Estimated market value

        $246,000

        $234,000 - $258,000

        $1,792/mo

        Price history

        DateEventPrice
        9/4/2026Listed for sale$250,000
        Source: GAMLS #10840643 Report a problem
        9/1/2026Listing removed$250,000
        Source: GAMLS #10797103 Report a problem
        7/1/2026Listed for sale$250,000
        Source: GAMLS #10797103 Report a problem
        6/28/2026Listing removed$250,000
        Source: GAMLS #10780020 Report a problem
        6/5/2026Listed for sale$250,000+85.2%
        Source: GAMLS #10780020 Report a problem
        6/1/2026Listing removed$1,950
        Source: GAMLS #10760099 Report a problem
        5/7/2026Listed for rent$1,950+11.4%
        Source: GAMLS #10760099 Report a problem
        5/8/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/5/2023Listed for rent$1,750+25%
        Source: Zillow Rentals Report a problem
        11/11/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/4/2021Listed for rent$1,400+16.7%
        Source: Zillow Rental Manager Report a problem
        9/13/2020Listing removed$1,200
        Source: O. Realty, LLC #8855210 Report a problem
        9/11/2020Listed for rent$1,200
        Source: O. Realty, LLC #8855210 Report a problem
        8/29/2019Listing removed$1,200
        Source: O. Realty, LLC #8627627 Report a problem
        7/24/2019Listed for rent$1,200
        Source: O. Realty, LLC #8627627 Report a problem
        4/22/2019Listing removed$135,000
        Source: O. Realty, LLC #8530779 Report a problem
        2/22/2019Listed for sale$135,000-71.6%
        Source: O. Realty, LLC #8530779 Report a problem
        10/31/2018Sold$475,000+630.8%
        Source: Public Record Report a problem
        7/1/2014Listing removed$65,000
        Source: Bella Realty Group, Inc. #5185271 Report a problem
        9/16/2013Price change$65,000-5.8%
        Source: Bella Realty Group, Inc. #5185271 Report a problem
        8/16/2013Listed for sale$69,000+72.9%
        Source: Bella Realty Group, Inc. #5185271 Report a problem
        5/12/2011Sold$39,900
        Source: Agent Provided Report a problem
        4/1/2011Price change$39,900-53.1%
        Source: RE/MAX Advantage Report a problem
        3/26/2011Listed for sale--
        Source: foreclosure.com Report a problem
        11/15/2010Sold$85,091
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,607 -0.1%$75,320 +1.9%
        2024$2,611 +7.2%$73,880 -1.7%
        2023$2,436 +74.4%$75,120 +90.3%
        2022$1,397 -1.2%$39,480 -0.5%
        2021$1,414 +5.5%$39,680 +6.7%
        2020$1,339 +4.7%$37,176 -57.4%
        2019$1,279 +1.2%$87,357 +153%
        2018$1,264 +21.6%$34,530 +22.6%
        2017$1,040 +14.2%$28,155 +14.8%
        2016$911 $24,531
        2015$911 +24.7%--
        2014$730 +40.7%$19,557
        2013$519 -12.9%--
        2012$595 -51.1%--
        2011$1,217 +42.4%--
        2010$854 -5.4%--
        2009$903 +5.6%--
        2008$855 +1.4%--
        2007$842 +0.9%--
        2006$835 -32.4%--
        2005$1,236 +23.8%--
        2003$998 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 30297

        Getting around

        52 / 100
        Somewhat Walkable
        21 / 100
        Minimal Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Haynie
        • Middle: Babb
        • High: Forest Park

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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