2977 5th St SW Atlanta, GA 30315
Hammond Park NeighborhoodEstimated payment $2,061/month
Highlights
- Very Popular Property
- No HOA
- 1-Story Property
- Property is near public transit
- Energy-Efficient Appliances
- Attic Fan
About This Home
Investor Special or Perfect for First-Time Homebuyer! Rare opportunity to own a single-family home set up like a duplex, currently operating as a high-performing Airbnb with consistent occupancy between 80-100%. Each unit is generating an average of $4,200/month in short-term rental income. The property features two separate living spaces with private entrances, ideal for house hacking or rental income. Live in one unit and rent out the other, or continue operating both as a turnkey short-term rental business. Home is fully furnished and currently fully occupied with Airbnb guests including flight crews, travel nurses, and business travelers. Seller offering $9,000 in closing cost assistance, making this an ideal property for FHA buyers. Ask about options for a 40-year FHA mortgage to lower monthly payments and increase affordability. Key Highlights: Single-family home with duplex-style layout Strong Airbnb income history High occupancy with recurring travel clientele Average combined rental income: ~$8,400/month Seller to contribute $9,000 toward buyer's closing costs FHA/first-time buyer friendly - potential for low/no money down Live in one unit, rent the other - or rent both Fully furnished and rental-ready Ask about 40-year FHA loan options to reduce monthly payment This is a unique opportunity to own a property that offers both a primary residence and income-producing potential from day one. Buyer to verify all information. Showings by appointment only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,538
Year Built
- Built in 1950
Home Design
- Duplex
- Block Foundation
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Crawl Space
- Attic Fan
Location
- Property is near public transit
- Property is near schools
- Property is near shops
Schools
- Hutchinson Elementary School
- Long Middle School
- South Atlanta High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
Additional Features
- Energy-Efficient Appliances
- 0.25 Acre Lot
Community Details
- No Home Owners Association
- 2 Units
- Hammond Park Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,935 | $97,520 | $19,520 | $78,000 |
| 2023 | $2,935 | $92,000 | $18,680 | $73,320 |
| 2022 | $3,197 | $79,000 | $14,400 | $64,600 |
| 2021 | $604 | $14,920 | $14,840 | $80 |
| 2020 | $336 | $8,200 | $8,120 | $80 |
| 2019 | $487 | $5,760 | $5,680 | $80 |
| 2018 | $91 | $2,200 | $2,120 | $80 |
| 2017 | $299 | $6,920 | $2,040 | $4,880 |
| 2016 | $300 | $6,920 | $2,040 | $4,880 |
| 2015 | $778 | $6,920 | $2,040 | $4,880 |
| 2014 | $314 | $6,920 | $2,040 | $4,880 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $349,000 | +62.3% | $264 / Sq Ft |
| 07/08/2021 07/08/21 | Sold | $215,000 | 0.0% | $192 / Sq Ft |
| 06/19/2021 06/19/21 | Off Market | $215,000 | -- | -- |
| 06/17/2021 06/17/21 | Pending | -- | -- | -- |
| 06/01/2021 06/01/21 | For Sale | $225,000 | +60.7% | $201 / Sq Ft |
| 04/12/2021 04/12/21 | For Sale | $140,000 | +16.7% | $125 / Sq Ft |
| 03/29/2021 03/29/21 | Sold | $120,000 | -14.3% | $107 / Sq Ft |
| 03/06/2021 03/06/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $140,000 | +100.0% | $125 / Sq Ft |
| 10/09/2018 10/09/18 | Sold | $70,000 | -23.0% | $63 / Sq Ft |
| 09/18/2018 09/18/18 | Pending | -- | -- | -- |
| 09/05/2018 09/05/18 | Price Changed | $90,900 | -9.0% | $81 / Sq Ft |
| 08/24/2018 08/24/18 | For Sale | $99,900 | +99.8% | $89 / Sq Ft |
| 09/07/2017 09/07/17 | Sold | $50,000 | -9.1% | $45 / Sq Ft |
| 08/09/2017 08/09/17 | Pending | -- | -- | -- |
| 06/24/2017 06/24/17 | For Sale | $55,000 | -- | $49 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $247,500 | -- | |
| Warranty Deed | $215,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $120,000 | -- | |
| Foreclosure Deed | $126,912 | -- | |
| Warranty Deed | $70,000 | -- | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | $15,000 | -- | |
| Deed | $65,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $208,550 | New Conventional | |
| Previous Owner | $137,000 | Commercial | |
| Previous Owner | $94,250 | New Conventional | |
| Previous Owner | $59,000 | New Conventional | |
| Previous Owner | $68,500 | Stand Alone Second | |
| Previous Owner | $65,383 | FHA |
Source: Georgia MLS
MLS Number: 10563793
APN: 14-0093-0004-059-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
- 264 Birch St
- 2835 3rd Ave SW Unit A
- 2835 3rd Ave SW Unit B
- 483 Oak Dr
- 510 Oak Dr
- 532 Cleveland Ave SW
- 422 Dorsey Rd
- 50 Mount Zion Rd SW
- 905 Willingham Dr Unit 23
- 3301 Old Jonesboro Rd
- 3038 Gordon Cir
- 3165 Dogwood Dr Unit 104
- 85 Mount Zion Rd SW
- 3181 Pennington Cir SW
- 131 Oak Dr SW
- 2637 Old Hapeville Rd SW
- 2601 Beeler Dr SW
- 39 Springside Dr SE
- 183 Mount Zion Rd SW
- 2585 Beeler Dr SW