56 Ormond St SE, Atlanta, GA 30315

$373,000

$1,857/moEst:

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Single Family Residence
Built in 1920
$-- HOA
4,007.52 sqft lot
$248/sq.ft

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.

Houzeo last checked: 12 hours ago
Listing updated: October 5, 2026 at 9:56 pm
Listing Provided by: | Mark Spain Real Estate (770) 886-9000
Source: Georgia MLS-GA | MLS#: 10767668
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Property Details

Status
Active
Type
Single Family Residence
No. of Stories
-
County
Fulton County
City
Atlanta
Neighborhood
Summerhill
Year Built
1920
HOA Fees
-
Finished Area
1,503 sqft
Lot Size
4,007.52 sqft lot
Basement Area
- sqft
MLS Name
Georgia MLS
MLS Number
10767668
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MLS Status
Price Change
Days on Market
139
Cumulative Days on Market
129

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Location

Atlanta, Georgia Homes For Sale

Facts & Features

Rooms

Bedrooms & bathrooms
Bedrooms: 5
Bathroom: 1

Interior

Appliances
Refrigerator
Sewer
Public Sewer
Exterior Features
Other
Flooring
Other
Cooling
Central Air
Heating
Central

Construction

Year Built
Year Built: 1920
Home type
Single Family Residence
Property Condition
Resale
Construction Materials
Other
Roof
Other
Architectural Style
Bungalow/cottage
Foundation Details
Slab

Utilities & Energy

Basement
None
Parking Features
Off Street
Laundry Features
Common Area
Water Source
Public
Utilities
Cable Available, Electricity Available, Sewer Available, Water Available

Other Features

Lot Features
Level
Subdivision Name
None
Community Features
None

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Price History

Date	Event	Price
06/15/2026 Source: First Multiple Listing Service-GA #7771952	Listed for Sale	$373,000 -0.53% $248/sqft
06/05/2026 Source: First Multiple Listing Service-GA #7771952	Contingent (Active Under Contract)	$375,000 $250/sqft
06/05/2026 Source: Georgia MLS-GA #10767668	Pending	$375,000 -11.76% $250/sqft
12/05/2025 Source: Georgia MLS-GA #10647725	Off Market	$425,000 $283/sqft
12/05/2025 Source: Georgia MLS-GA #10647725	Listed for Sale	$425,000 $283/sqft