Active

$375,000

56 Ormond St SE, Atlanta, GA 30315

5beds

1,503sqft

N/A

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Single Family Residence

Built in 1920

4,007 Square Feet Lot

$374,100 Zestimate^®

$250/sqft

$-- HOA

What's special

Dining roomShared common areasPrivate tenant rooms

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.

102 days
220
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 5

Rooms

Room types: Office

Heating

Central

Cooling

Central Air

Appliances

Included: Refrigerator
Laundry: Common Area

Features

Flooring: Other
Basement: None
Attic: Pull Down Stairs
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,503
Total interior livable area: 1,503 sqft
Finished area above ground: 1,503
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Off Street

Features

Levels: One
Stories: 1
Exterior features: Other
Fencing: Back Yard
Has view: Yes
View description: City
Waterfront features: No Dock Or Boathouse
Body of water: None

Lot

Size: 4,007 Square Feet
Features: Level

Details

Additional structures: Other
Parcel number: 14 005400070801
Special conditions: As Is

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow/Cottage
Property subtype: Single Family Residence

Materials

Other
Foundation: Slab
Roof: Other

Condition

Resale
New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Features: None
Subdivision: none

HOA

Has HOA: No
Services included: None

Location

Region: Atlanta

Financial & listing details

Price per square foot: $250/sqft
Tax assessed value: $264,400
Annual tax amount: $4,327
Date on market: 5/19/2026
Cumulative days on market: 92 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

$374,100

$355,000 - $393,000

$2,525/mo

Price history

Date	Event	Price
6/15/2026	Listed for sale	$375,000$250/sqft
Source: GAMLS #10767668 Report a problem
6/5/2026	Pending sale	$375,000$250/sqft
Source: GAMLS #10767668 Report a problem
5/19/2026	Listed for sale	$375,000-11.8%$250/sqft
Source: GAMLS #10767668 Report a problem
4/18/2026	Listing removed	$425,000$283/sqft
Source: GAMLS #10647725 Report a problem
11/21/2025	Listed for sale	$425,000+187.2%$283/sqft
Source: FMLS GA #7683143 Report a problem
9/30/2016	Sold	$148,000-7.4%$98/sqft
Source: FMLS GA #5707914 Report a problem
8/12/2016	Pending sale	$159,900$106/sqft
Source: CHAPMAN HALL REALTY #5707914 Report a problem
8/10/2016	Listed for sale	$159,900$106/sqft
Source: CHAPMAN HALL REALTY #5707914 Report a problem
8/1/2016	Pending sale	$159,900$106/sqft
Source: CHAPMAN HALL REALTY #5707914 Report a problem
6/17/2016	Listed for sale	$159,900+33.3%$106/sqft
Source: CHAPMAN HALL REALTY #5707914 Report a problem
11/1/2007	Sold	$120,000-62.5%$80/sqft
Source: Public Record Report a problem
9/8/2006	Sold	$320,000+56.2%$213/sqft
Source: Public Record Report a problem
11/23/2005	Sold	$204,900+583%$136/sqft
Source: Public Record Report a problem
5/13/1999	Sold	$30,000$20/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,327 +6.7%	$105,760 +6.8%
2024	$4,055 +28.3%	$99,040
2023	$3,159 -2.4%	$99,040 +23.8%
2022	$3,238 -0.1%	$80,000
2021	$3,241 -3.5%	$80,000 -1.4%
2020	$3,358 +50.4%	$81,120 +13.3%
2019	$2,232	$71,600 +67.4%
2018	$2,232	$42,760 +157.6%
2017	$2,232 +89.3%	$16,600
2016	$1,179 +0.4%	$16,600
2015	$1,175 +56.1%	$16,600
2014	$753 +2.8%	$16,600
2013	$732 -0.7%	$16,600
2012	$738	$16,600 -15.1%
2011	--	$19,560
2010	$864 +163.7%	$19,560 -46.6%
2009	$328	$36,600 -6.2%
2008	--	$39,000
2007	--	$39,000