About This Home

This 5-bedroom, 1-bathroom single family at 56 Ormond Street SE in Atlanta, GA is listed for $373,000 ($248 per sqft). Built in 1920, the home offers 1,503 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1920
  • 0.09 acre lot
  • 2 parking spaces

Property Details

1 story
1 full
2 spaces
1920

Amenities

ViewA/C
Listing Description

Excellent income-producing investment opportunity near Grant Park and Georgia State University. This 5-bedroom rooming house features private tenant rooms with shared common areas including a kitchen, dining room, and bathroom. Tenants are already in place, providing immediate rental income for investors.

Conveniently located near downtown Atlanta, public transportation, restaurants, shopping, and major highways. Strong rental demand in the area makes this property ideal for student housing, workforce housing, or long-term investment potential. A great opportunity to own a cash-flowing property in a growing in-town location. All Offers Will be Considered by Seller!!

Monthly Cost Estimate

$1,995/mo

20% down · 6.5% · 30 years

Principal$270
Interest$1,616
Insurance$109

Estimates only. Actual payments may vary.

Location

56 Ormond Street SE

Atlanta, GA 30315

Features & Amenities

Interior Features

Disappearing Attic Stairs

Property Details

Flooring

TileWood

Views

City

Outdoor Features

Porch

Parking

Driveway

Heating

Central

Cooling

Central Air

Appliances

Refrigerator

Questions & Answers

This 5-bedroom, 1-bathroom single family at 56 Ormond Street SE is listed at $373,000 ($248/sqft). The estimated monthly payment is $1,995 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.09 acre lot, 2 parking spaces. Interior Features: Disappearing Attic Stairs.

This property is listed by MARK SPAIN.

MS

MARK SPAIN

Agent at Higher Tech Realty d/b/a Mark Spain Real Estate

Listed by Higher Tech Realty d/b/a Mark Spain Real Estate · Broker phone: (770) 886-9000 · View on Broker Site · Broker website

MLS# 7771952· Source: First Multiple Listing Service, Inc.· 163 days on PropertySimple

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

56 Ormond Street SE, Atlanta, GA 30315

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