$4,513 Closing Credit¹
#10540405, Tami Barber-Reedy, Listing office: Atlanta Communities
$354,500 List price
2977 5th St SW Atlanta, GA 30315
$4,210
Closing credit¹
0.3 acres
Multi-Family
Property details
About 2977 5th St SW
This turnkey, income-producing short-term rental currently generates close to $4,500 per month on Airbnb and VRBO, with potential to scale to $100,000+ annually through optimized sleeping arrangements and value-add amenities like vending machines or concierge-style services. Featuring a 2-bedroom, 1-bath main home plus a 1-bedroom, 1-bath in-law suite, the property offers flexible living and rental options-ideal for homeowners looking to offset their mortgage or investors seeking immediate cash flow. The home is in excellent condition thanks to recent upgrades, and it conveys furnished with decor and TVs included at full price. Detailed Airbnb rent rolls, AirDNA projections, and nearby comps are available upon request, showing clear paths to increase nightly rates and annual income by maximizing bed count and enhancing guest experience. Strong guest reviews and a solid booking history further underline this property's proven performance. Located just minutes from Atlanta Airport, major highways, and downtown Hapeville, this home combines suburban charm with city convenience in a thriving rental market. Whether you're a seasoned investor or a homeowner wanting a property that practically pays for itself, this is a rare money-making opportunity you won't want to miss. Showings by appointment only; please do not disturb guests.
Highlights
Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.253 Acres
Year built1950
ParkingGarage, Carport
MLS #10533220
Summary
- Basement: No
- Attached Garage: No
- Parking: Garage, Carport
- Heating: Central
- Cooling: Central Air
- List Price: $354,500
- HOA Amount: $0
- Annual Tax Amount: $3,808
- Tax Year: 2023
- Directions: GPS friendly
- Year Built: 1950
- Lot Size: 0.253 Acres
- MLS Number: 10533220
- MLS Name: Georgia MLS 2
- Office Name: Keller Williams Realty Atlanta North
- Listing Agent: Gabriel Z Bettsack
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker 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 this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$354,500
2977 5th St SW
$4,210
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 30, 2024 | Home Sold | $247,500 |
| Jul 08, 2021 | Home Sold | $215,000 |
| Mar 29, 2021 | Home Sold | $120,000 |
| Oct 11, 2018 | Home Sold | $70,000 |
| Sep 13, 2017 | Home Sold | $50,000 |
| Apr 26, 2017 | Home Sold | $15,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $92,000 | $3,808 |
| 2022 | $79,000 | $3,270 |
| 2021 | $14,920 | $1,092 |
| 2020 | $8,200 | $339 |
| 2019 | $5,760 | $236 |
| 2017 | $6,920 | $298 |
History based on county public records data.
Nearby schools
4
Emma Hutchinson Elementary School
Public District EE-5
0.7 mi
•650 Cleveland Ave SW
5
Cleveland Avenue Elementary School
Public District PK-5
0.8 mi
•2672 Old Hapeville Rd SW
6
Hapeville Elementary School
Public District PK-5
1.0 mi
•3440 N Fulton Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,648. The most common annual income of people living in Atlanta, GA is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
67%
<35k
33%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
33%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Books-a-Million
Where do the neighbors go to eat?
Burger King
Popeyes
Church's Chicken
What do the neighbors drive?
Buick
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2977 5th St SW
The listing price of 2977 5th St SW property is $354,500.
The property 2977 5th St SW is a multi located in Atlanta, Georgia, 30315.
Active Listing: 2977 5th St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2977 5th St SW are: Emma Hutchinson Elementary School (GreatSchools Rating 4/10), Cleveland Avenue Elementary School (GreatSchools Rating 5/10), Hapeville Elementary School (GreatSchools Rating 6/10), Crawford W. Long Middle School (GreatSchools Rating 3/10), Kipp South Fulton Academy School (GreatSchools Rating 6/10), Kipp Vision (GreatSchools Rating 4/10), Aps-Forrest Hills Academy (GreatSchools Rating 1/10), Tri-Cities High School (GreatSchools Rating 2/10), South Atlanta High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $3,808 (source: MLS/based on county public records data).
The last sale was on April 30, 2024 for $247,500 (source: MLS/tax record).
The year of construction for 2977 5th St SW is 1950.
This home is located at 2977 5th St SW in Atlanta, GA and zip code 30315 in the Southwestern Atlanta neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $354,500.
In May 2025, from all listings sold in Atlanta, GA there were more than 303 sold above asking price, over 629 sold below and more than 266 were sold right at the asked price. In May 2025 in Atlanta, GA there were 12.7% more homes for sale than in April. Listings spent 41 days on the market in May 2025, and had a median list price of $425,128 during the same period.
From Rocket Homes Real Estate and based on county public records data.