2977 5th Street SW
Atlanta, GA 30315
Map
- 3 beds
- 2 baths
- 11,060 sqft lot
- 1950 build
- – on site
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.
Last checked:
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Last updated Jul 14, 2025
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MLS# 7614924 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1950
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Construction Materials:Other
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Building Area Source:Public Records
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Architectural Style:Bungalow
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Levels:One
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Foundation Details:Block
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Roof:Composition
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Basement:None
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Common Walls:No Common Walls
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Exterior Features:None
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Window Features:None
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Security Features:None
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Patio And Porch Features:None
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Accessibility Features:None
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Green Energy Efficient:None
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Building Area Total:1320
Interior
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Interior Features:Other
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Kitchen Features:Breakfast Bar, Breakfast Room
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Dining Room Features:None
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Flooring:Tile
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Other Equipment:None
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Laundry Features:Common Area
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Fireplace Features:Great Room
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Fireplaces Total:1
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Room Type:Other
Location
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Directions:GPS FRIENDLY
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Latitude:33.673583
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Longitude:-84.401065
The Property
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Property Type:Residential Detached
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Other
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Lot Size Acres:0.2539
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Lot Size Dimensions:x
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Lot Size Source:Public Records
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View:City
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Fencing:None
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Horse Amenities:None
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Other Structures:None
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Waterfront Features:None
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Water Body Name:None
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
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Property Attached:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (770) 841-7920
- Office phone:
- (770) 919-8825
Taxes
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Tax Year:2024
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Tax Annual Amount:3766
Beds
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Bedrooms Total:3
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Bedroom Features:Sitting Room, Studio
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Main Level Bedrooms:3
Baths
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Total Baths:2
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Full Baths:2
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Master Bath Features:Tub/Shower Combo
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Main Level Baths:2
The Listing
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Home Warranty:false
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Special Circumstances:None
Heating & Cooling
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Cooling:Ceiling Fan(s)
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Electric:110 Volts
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Water Source:Public
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Green Energy Generation:None
Appliances
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Appliances:Double Oven
Schools
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Elementary School:Emma Hutchinson
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Middle Or Junior School:Crawford Long
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High School:South Atlanta
The Community
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Subdivision Name:Hammond Park
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Community Features:None
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Association:false
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Spa Features:None
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Pool Features:None
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Pool Private:false
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Assessment Due Contemplated:false
Parking
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Parking Features:None
Listing Provided Courtesy of Maximum One Greater Atlanta Realtors
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Monthly cost estimate
Asking price
$349,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,868
|
| Taxes | $313 |
| Insurance | $95 |
| Utilities | $166 See report |
| Total | $2,442/mo.* |
| *This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
