11 days on rocket

1488 E Forrest Ave, Atlanta, GA, 30344

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
Multi

Location

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1488 E Forrest Ave, Atlanta$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway
Year Built1940
HeatingForced Air, Natural Gas
CoolingCentral Air
WaterfrontNone
ViewOther
MLS #7495027
Lot Size0.25 Acres
StatusActive

About 1488 E Forrest Ave

Extraordinary Investment Opportunity! Rare Chance to purchase up to 3 Income Producing Properties! Properties Include: 1472 Norman Berry Dr. (Single Family Home; Rented for $1,775); 1484 Norman Berry Dr. (Duplex; Unit One Rented for $1,545; Unit Two Rented for $1,900); and 1488 E. Forrest Ave. (Triplex; Unit One Rented for $1,295; Unit Two Rented for $1,210; Unit Three Rented for $1,210). All but one unit is currently Rented with Screened Applicants in place. All properties occupy land that is Commercially Zoned, so you can have Mixed Use Spaces if you prefer! Great Location near Marta, Shopping, Dining, Entertainment, Businesses, and more with Easy Highway Access!

Property Details

Property Features

Property Information:

  • Year Built: 1940

Listing Office:

  • Office Name: Bolst, Inc.
  • Office Phone: (404) 689-4408
  • Listing Agent: The Justin Landis Group

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level, Rectangular Lot
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Please use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Med. Sold Price

$421.8K

Med. Price/SqFt

$251

Avg. Days On Market

47

# of Sold Homes

939

1488 E Forrest Ave vs Atlanta

11 DAYS ON ROCKET

-36 Days

$450,000

+$28.1K More

KEY TAKEAWAY

This property is $28.1K more than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7495027

Listing Office:

  • Office Name: Bolst, Inc.
  • Office Phone: (404) 689-4408
  • Listing Agent: The Justin Landis Group

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. © 2024 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: 12/17/2024, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4278008
9
/10
  • Resurgence Hall Charter School

  • 1706 Washington Rd

  • 0.66 miles

  • Public Charter Grades KG-3

school-card-donut-4278009
3
/10
  • Parklane Elementary School

  • 2809 Blount St

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-4278010
2
/10
  • Conley Hills Elementary

  • 2580 Delowe Dr

  • 1.12 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,233. Typical income of Atlanta, GA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Atlanta, GA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Atlanta, GA?

Atlanta's housing market is diverse, offering a mix of high-rise apartments, traditional single-family homes, and contemporary townhouses. The city's skyline is dotted with modern condominiums, while historic neighborhoods preserve Victorian and Craftsman bungalows. The housing landscape is predominantly composed of single-family homes, which make up a significant portion of the market. Apartments and townhouses are also available, particularly in more urbanized districts, catering to a range of preferences and lifestyles.

Is Atlanta, GA a good place to live?

Atlanta is celebrated for its vibrant culture and rich history, priding itself on being a hub of arts, entertainment, and innovation. The community's character is shaped by its numerous festivals, including the famous Atlanta Dogwood Festival and the Atlanta Jazz Festival, which reflect the city's diverse cultural tapestry and creative spirit. The area's green spaces, like Piedmont Park, contribute to the city's lively yet relaxed atmosphere.

Are things conveniently located in Atlanta, GA?

The community benefits from a robust educational system, with numerous public and private schools, higher education institutions, and specialized training centers. Healthcare services are comprehensive, with several major hospitals and clinics offering a range of medical care. The city's public library system is extensive, providing residents with access to a wealth of resources. Retail and dining experiences are abundant, showcasing everything from high-end boutiques to local eateries that offer a taste of the region's culinary diversity.

What does the transportation in Atlanta, GA look like?

Atlanta's transport infrastructure includes a network of highways, such as the I-285 perimeter and the I-75/I-85 connector, which facilitate commuting and regional travel. Public transit options are available, with a metro system and bus services providing connectivity across the city. The area's walkability varies, with pedestrian-friendly neighborhoods offering sidewalks and bike lanes. Recent initiatives aim to enhance transport efficiency and accessibility, reflecting the city's commitment to improving mobility for all residents.

Rocket HomesGeorgiaFulton CountyAtlanta303441488 E Forrest Ave

This home is located at 1488 E Forrest Ave in Atlanta, GA and zip code 30344. This home, which was built in 1940, sits on a 0.25 acre lot. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $450,000.

While more than 147 listings in Atlanta, GA in November 2024 were sold above asking price, there were more than 188 listings sold at asking price, and more than 559 were sold below. The number of homes for sale in Atlanta, GA increased by 5.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 47 days, the median list price was $421,834.

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

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