#10516882, Joseph Willingham, Listing office: Keller Williams Realty
Property details
About 2977 5th St SW
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.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingAttic Fan, Ceiling Fan(s), Central Air
Lot size0.2539 Acres
Year built1950
MLS #7615040
ViewCity
Summary
- Flooring Type: None
- Attached Garage: No
- Private Pool: No
- Parking: None
- Waterfront: None
- View: City
- Heating: Central
- Cooling: Attic Fan, Ceiling Fan(s), Central Air
- List Price: $349,000
- Annual Tax Amount: $3,808
- Tax Year: 2023
- Lot: Other
- Directions: GPS FRIENDLY
- Year Built: 1950
- Lot Size: 0.2539 Acres
- MLS Number: 7615040
- MLS Name: First Multiple Listing Service
- Office Name: Maximum One Greater Atlanta Realtors
- Office Phone: (770) 919-8825
- Listing Agent: GEORGE ANSONG
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IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/4/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Residents typically live in single, no kids family. 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 $349,000.
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 July 14, 2025 and is currently priced at $349,000.
Over 167 listings were sold over their listed price in July 2025 in Atlanta, GA. In the same period over 662 listings were sold below the listed price and 221 listings were sold for the listed price. The number of listings in Atlanta, GA increased by 9.9% between June and July 2025. In July 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $426,067.
From Rocket Homes Real Estate and based on county public records data.