56 Ormond St SE Atlanta, GA 30315
Summerhill NeighborhoodEstimated payment $2,361/month
Highlights
- City View
- Home Office
- 1-Story Property
- No HOA
- Bungalow
- Central Heating and Cooling System
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,327
Year Built
- Built in 1920
Lot Details
- 3,920 Sq Ft Lot
- Back Yard Fenced
- Level Lot
Home Design
- Bungalow
- Slab Foundation
Interior Spaces
- 1,503 Sq Ft Home
- 1-Story Property
- Home Office
- City Views
- Pull Down Stairs to Attic
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Off-Street Parking
Schools
- Parkside Elementary School
- King Middle School
- Mh Jackson Jr High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Laundry Facilities
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 | $3,159 | $105,760 | $55,680 | $50,080 |
| 2023 | $4,100 | $99,040 | $55,680 | $43,360 |
| 2022 | $3,238 | $80,000 | $48,640 | $31,360 |
| 2021 | $3,729 | $80,000 | $48,640 | $31,360 |
| 2020 | $2,825 | $81,120 | $48,640 | $32,480 |
| 2019 | $481 | $71,600 | $32,840 | $38,760 |
| 2018 | $1,770 | $42,760 | $10,920 | $31,840 |
| 2017 | $717 | $16,600 | $6,520 | $10,080 |
| 2016 | $719 | $16,600 | $6,520 | $10,080 |
| 2015 | $1,175 | $16,600 | $6,520 | $10,080 |
| 2014 | $753 | $16,600 | $6,520 | $10,080 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2026 05/19/26 | For Sale | $375,000 | -- | $250 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $120,000 | -- | |
| Foreclosure Deed | $110,000 | -- | |
| Deed | $320,000 | -- | |
| Deed | $204,900 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $30,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $118,400 | No Value Available | |
| Closed | -- | No Value Available | |
| Previous Owner | $114,000 | New Conventional | |
| Previous Owner | $256,000 | New Conventional | |
| Previous Owner | $163,900 | New Conventional |
Source: Georgia MLS
MLS Number: 10767668
APN: 14-0054-0007-080-1
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 2026 Georgia MLS. All rights reserved.
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