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    • $375,000

    56 Ormond St SE, Atlanta, GA 30315

    5beds
    1,503sqft
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    Single Family Residence, Residential
    Built in 1920
    4,024 Square Feet Lot
    $375,500 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.
    57 days
    |
    257
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    MARK SPAIN,

    Mark Spain Real Estate 770-886-9000,

    PATRICIA LEY,

    Mark Spain Real Estate

    Source: FMLS GA,MLS#: 7771952MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 5
      Rooms
      • Room types: Office
      Primary bedroom
      • Features: None
      • Level: None
      Bedroom
      • Features: None
      Primary bathroom
      • Features: None
      Dining room
      • Features: None
      Kitchen
      • Features: None
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator
      • Laundry: Common Area
      Features
      • Flooring: Tile, Wood, Other
      • Windows: None
      • Basement: None
      • Attic: Pull Down Stairs
      • Has fireplace: No
      • Fireplace features: None
      • 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
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch
      • Exterior features: Other, No Dock
      • Pool features: None
      • Spa features: None
      • Fencing: Back Yard
      • Has view: Yes
      • View description: City, Neighborhood
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 4,024 Square Feet
      • Dimensions: 33x113x33x114
      • Features: Back Yard, Front Yard, Level
      Details
      • Additional structures: Other
      • Parcel number: 14 005400070801
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence, Residential
      Materials
      • Other
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Electric: 110 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: None
      • Security: None
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Atlanta

      Financial & listing details

      • Price per square foot: $250/sqft
      • Tax assessed value: $247,600
      • Annual tax amount: $4,327
      • Date on market: 5/19/2026
      • Cumulative days on market: 47 days
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $375,500

        $357,000 - $394,000

        $2,434/mo

        Price history

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

        Public tax history

        YearProperty taxesTax assessment
        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
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Summerhill

        Getting around

        74 / 100
        Very Walkable
        48 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Parkside
        • Middle: Martin L. King Jr.
        • High: Maynard Jackson

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

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