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2977 5th Street SW

Atlanta, GA 30315

3 beds
2 baths
1,320 sqft
11,064 sqft lot
$264 per sqft
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.

Listing courtesy of GAMLS / George Ansong / Maximum One Grt. Atl. REALTORS

Last checked: Checking… • Last updated Jul 14, 2025 •

MLS# 10563762 —

This home is listed in more than one place. See it here, and here, and here.

The Building

Year Built:

1950
Construction Materials:

Wood Siding
Architectural Style:

Ranch, Traditional
Structure Type:

House
Roof:

Composition
Foundation Details:

Slab
Levels:

One
Basement:

None
Total Finished Area:

1320
Above Grade Finished:

1320
Living Area Source:

Public Records
Common Walls:

No Common Walls
Patio And Porch Features:

Deck, Patio

Interior

Interior Features:

Roommate Plan, Separate Shower
Kitchen Features:

Breakfast Area, Breakfast Bar, Second Kitchen
Dining room Features:

Dining Rm/Living Rm Combo
Security Features:

Smoke Detector(s)
Flooring:

Hardwood, Tile, Vinyl
Fireplace Features:

Gas Starter
Green Energy Efficient:

Appliances, Roof, Water Heater
Rooms:

Bonus Room

Financial & Terms

Home Warranty:

No
Possession:

Close Of Escrow

Location

Latitude:

33.673593
Longitude:

-84.400954

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Resale
Exterior Features:

Balcony, Dock
Lot Features:

Level
Lot Size Acres:

0.254
Lot Size Source:

Public Records
Parcel Number:

14 009300040591
Leased Land:

No
Vegetation:

Cleared
View:

City
Fencing:

Back Yard
Accessibility Features:

Other

Listing Agent

Contact info:

Taxes

Tax Year:

22
Tax Annual Amount:

$1,538.13

Beds

Bedrooms:

3
Bed Main:

3

Baths

Full Baths:

2
Main Level Full Baths:

2

Heating & Cooling

Heating:

Central, Natural Gas
Cooling:

Ceiling Fan(s), Central Air

Utilities

Utilities:

Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Water Available
Electric:

220 Volts
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Cooktop, Dishwasher, Microwave
Laundry Features:

Common Area

Schools

Elementary School:

Hutchinson
Elementary Bus:

Yes
Middle School:

Long
Middle School Bus:

Yes
High School:

South Atlanta
High School Bus:

Yes

The Community

Subdivision:

Hammond Park
Community Features:

Walk To Public Transit, Walk To Schools, Walk To Shopping
Association:

No
Association Fee Includes:

Other

Parking

Parking Features:

None

Extra Units

Other Structures:

Other

Monthly cost estimate

Asking price

$349,000

Expense	Monthly cost
Mortgage	$1,868
Taxes	$128
Insurance	$95
Utilities	$166 See report
Total	$2,257/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/14/25 Jul 14, 2025	Listed / Active	GAMLS	$349,000	598.0% (76.2% / YR)
7/4/25 Jul 4, 2025	Listed / Active	GAMLS
7/1/25 Jul 1, 2025	Listed / Active	FMLS

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This house located in Southside, Atlanta, GA 30315 is currently for sale for $349,000. 2977 5th Street SW is a 1,320 square foot house with 3 beds and 2 baths that has been on Estately for 0 days. 2977 5th Street SW is in the Southside neighborhood of Atlanta and has a WalkScore® of 42, making it car-dependent. This house is in the attendance area of Hutchinson Elementary School, Long Middle School, and South Atlanta High School.

Listing Courtesy of: GAMLS and Maximum One Grt. Atl. REALTORS.

© 2025 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.