2977 5th Street SW
Atlanta, GA 30315
- – beds
- – baths
- – sqft
- 11,021 sqft lot
- 1950 build
- – on site
This turnkey, income-producing single-family home currently generates close to $3,500 per month through Airbnb and VRBO, with demand from travel nurses, flight attendants, and business travelers. With optimized sleeping arrangements and value-add amenities, the property has the potential to scale to $100,000+ annually, offering room for growth. Featuring a 2-bedroom, 1-bath main home and a 1-bedroom, 1-bath in-law suite, it offers flexible living and rental options-ideal for homeowners looking to offset their mortgage or investors seeking immediate cash flow. Recent renovations include a new kitchen, LVP flooring, drywall, HVAC system, and plumbing. Only minor bathroom and exterior updates remain, making this a strong value-add opportunity with limited upfront work. Additional revenue potential includes increasing bed count with bunk beds, adding vending machines offering snacks and convenient meal options, partnering with local tour providers, and offering concierge-style services. The home is being sold furnished with decor and TVs included at full price. Impressive guest reviews and a consistent booking history support ongoing performance. Located just minutes from the Atlanta Airport, major highways, and downtown Hapeville, this property is positioned in a high-demand rental market. Airbnb rent rolls, AirDNA projections, and comps are available upon request. Showings by appointment only; please do not disturb guests.
Last checked:
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Last updated May 16, 2025
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MLS# 10449359 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1950
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Construction Materials:Brick
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Structure Type:Other
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# of Units Total:2
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Levels:One
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Basement:None
Financial & Terms
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Possession:Close Of Escrow
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Owner Pays:Other
Location
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Latitude:33.673593
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Longitude:-84.400954
The Property
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Property Type:Residential Income
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Property Condition:Updated/Remodeled
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Lot Size Acres:0.253
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Lot Size Source:Public Records
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Parcel Number:14 009300040591
Listing Agent
- Contact info:
- Agent phone:
- (770) 509-0700
- Office phone:
- (770) 509-0700
Taxes
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Tax Year:2023
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Tax Annual Amount:$3,809
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Electricity Individual Meters, Other, Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Hutchinson
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Middle School:Long
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High School:South Atlanta
The Community
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Subdivision:Hammond Park
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Community Features:Airport/Runway
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Carport, Garage
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Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/3/25
May 3, 2025
|
Listed / Active | GAMLS | $354,900 | |
|
5/1/25
May 1, 2025
|
Relisted | GAMLS | $354,900 | |
|
3/28/25
Mar 28, 2025
|
Listed / Active | GAMLS | $354,900 | 1.4% |
