Excellent income-producing four-plex opportunity near Georgia State University and Grant Park. This charming property features a large front porch and includes four separate apartments, each offering a private kitchenette with refrigerator, stove, sink, and cabinets, along with a spacious bedroom and full bathroom. Tenants are currently in place, providing immediate rental income for investors. Conveniently located near restaurants, shopping, public transportation, downtown Atlanta, and major interstates. Strong rental demand and a desirable in-town location make this property ideal for student housing, workforce housing, or long-term investment potential. A great opportunity to own a cash-flowing multi-family property in a growing Atlanta market.
Active
$599,000
62 Ormond St SE, Atlanta, GA 30315
4beds
1,600sqft
Single Family Residence
Built in 1920
3,963 Square Feet Lot
$575,100 Zestimate®
$374/sqft
$-- HOA
What's special
Large front porchSpacious bedroom
- 106 days
- 146
- 2
Zillow last checked:
Listing updated:
Listed by:
Mark Spain 770-886-9000,
Mark Spain Real Estate,
Patricia Ley 215-833-9176,
Mark Spain Real Estate
Source: GAMLS,MLS#: 10767764
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 4
- Main level bedrooms: 4
Rooms
- Room types: Other
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator
- Laundry: None
Features
- Other
- Flooring: Other
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
- Finished area above ground: 1,600
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Back Yard
- Has view: Yes
- View description: City
- Waterfront features: No Dock Or Boathouse
- Body of water: None
Lot
- Size: 3,963 Square Feet
- Features: Other
Details
- Parcel number: 14 005400070785
- Special conditions: As Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- 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
- Security: Smoke Detector(s)
- Subdivision: none
HOA
- Has HOA: No
- Services included: None
Location
- Region: Atlanta
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $424,400
- Annual tax amount: $6,945
- Date on market: 5/19/2026
- Cumulative days on market: 106 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$575,100
$546,000 - $604,000
$3,502/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listed for sale | $599,000-5.7%$374/sqft |
Source: | ||
| 4/18/2026 | Listing removed | $635,000$397/sqft |
Source: | ||
| 11/21/2025 | Listed for sale | $635,000+1170%$397/sqft |
Source: | ||
| 6/16/2006 | Sold | $50,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,945 -3.6% | $169,760 -3.6% |
| 2024 | $7,207 +28.3% | $176,040 |
| 2023 | $5,616 +15.6% | $176,040 +46.7% |
| 2022 | $4,856 -0.1% | $120,000 |
| 2021 | $4,861 -15.4% | $120,000 -13.5% |
| 2020 | $5,743 +25.5% | $138,720 -1.2% |
| 2019 | $4,577 | $140,440 +41.3% |
| 2018 | $4,577 | $99,400 +187.6% |
| 2017 | $4,577 +134.2% | $34,560 |
| 2016 | $1,955 +0% | $34,560 |
| 2015 | $1,954 +24.7% | $34,560 |
| 2014 | $1,567 +2.8% | $34,560 |
| 2013 | $1,525 -0.7% | $34,560 |
| 2012 | $1,536 | $34,560 +1.6% |
| 2011 | -- | $34,000 -16.3% |
| 2010 | $1,793 +171.3% | $40,600 -35.3% |
| 2009 | $661 | $62,760 +77.7% |
| 2008 | -- | $35,320 |
| 2007 | -- | $35,320 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Summerhill
Nearby schools
Schools provided by the listing agent
- Elementary: Parkside
- Middle: King
- High: MH Jackson Jr
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







