56 Ormond Street
Atlanta, GA 30315
5
Bed
1
Bath
1,503Sqft
0.09Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Basement: None -
Flooring Information
Tile, Wood, Other -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Refrigerator Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1920 Building Area Total: 1503 Construction Materials: Other Patio And Porch Features: Front Porch Pool Features: None Private Pool: No View: City, Neighborhood -
Exterior Features
Exterior Features: Other
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Lot Information
Lot Dimensions: 33x113x33x114 Lot Size Acres: 0.0924 Lot Size Source: Public Records Lot Description: Back Yard, Front Yard, LevelProperty Information
Subdivision: none Source Property Type: Residential Postal Code Plus 4: 1531 Property SubType: Single Family Residence Levels: One Property Age: 106
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Listing Price Information
Listing Price: $375000
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Tax Information
Parcel Number: 14 005400070801 Tax Year: 2025 Annual Tax: $4327 Tax Legal Desc: Deed book: 25630, page 191
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Parking Information
Parking Total: 2 Driveway
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School Information
Elementary School: ParksideJunior High School: Martin L. King Jr.Senior High School: Maynard Jackson -
Utility Information
Cable Available, Electricity Available, Sewer Available, Water Available -
Location Information
Direction: Off market for now WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1321 Lakota Place, Atlanta, GA, 30315 | $475,990 | 3 | 4 | -- | |
| 1149 Isa Drive, Atlanta, GA, 30315 | $285,000 | 3 | 2 | 1,039 | 1,039 SqFt |
| 1149 Isa Drive, Atlanta, GA, 30315 | $285,000 | 3 | 2 | 1,039 | 1,039 SqFt |
| 1111 Valley View Road, Atlanta, GA, 30315 | $301,200 | 3 | 2 | 1,400 | 1,400 SqFt |
| 1111 Valley View Road, Atlanta, GA, 30315 | $301,200 | 3 | 2 | 1,400 | 1,400 SqFt |
| 1258 Kipling Street, Atlanta, GA, 30315 | $271,900 | 4 | 2 | -- | |
| 1258 Kipling Street, Atlanta, GA, 30315 | $271,900 | 4 | 2 | -- | |
| 1080 Valley View Road, Atlanta, GA, 30315 | $225,000 | 5 | 2 | 1,400 | 1,400 SqFt |
| 1080 Valley View Road, Atlanta, GA, 30315 | $225,000 | 5 | 2 | 1,400 | 1,400 SqFt |
| 2023 Akron Drive, Atlanta, GA, 30315 | $155,000 | 3 | 2 | 1,740 | 1,740 SqFt |
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ByOwner last updated this listing 06/13/2026 @ 07:18
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