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Active161 days listed

62 Ormond Street SE, Atlanta, GA 30315

  • 4bd
  • 4ba
  • 1,600SF
  • 0.09ac lot

Single-family home

List price

$597,000

$373/SF list

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FMLS IDXFMLS #7771966 · Listing Provided By Mark Spain Real Estate · 770-886-9000 · Listing agent Mark Spain

Location

62 Ormond Street SE, Atlanta GA 30315

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About this home

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. All Offers Will be Considered by Seller!!

How this list price compares in Atlanta

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
4
Full baths
4
Living area
1,600 SF
Lot size
0.09 acres
Year built
1920
Levels
One
Main-level bedrooms
4
Parking
On Street
Style
Ranch
Construction
Other
Roof
Shingle
Flooring
Wood, Other
Heating
Central
Cooling
Central Air
Appliances
Refrigerator
Lot
Back Yard, Front Yard
HOA
No
Annual tax
$6,945 (2025)
County
Fulton

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $597,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$4,619/mo

Principal and interest
$3,691
Property tax
$579
Home insurance
$125
Mortgage insurance
$224
Loan amount
$537,300
Cash down
$59,700

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Mark Spain Real Estate, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Atlanta?

See the similar homes section on this page, or browse all homes for sale in Atlanta, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

Other property types for sale

Investor research and tools

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