#7583035, Shariqa Hydary, Listing office: Keller Williams Realty Atl North
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
HeatingCentral, Electric, Natural Gas
StatusActive
(New)
(New)
CoolingAttic Fan, Ceiling Fan(s), Central Air
Lot size0.254 Acres
Year built1950
MLS #10563793
Summary
- Basement: No
- Attached Garage: No
- Parking: None
- Heating: Central, Electric, Natural Gas
- Cooling: Attic Fan, Ceiling Fan(s), Central Air
- List Price: $349,000
- Annual Tax Amount: $3,808
- Tax Year: 2023
- Directions: GPS FRIENDLY
- Year Built: 1950
- Lot Size: 0.254 Acres
- MLS Number: 10563793
- MLS Name: Georgia MLS 2
- Office Name: Maximum One Grt. Atl. REALTORS
- Listing Agent: George Ansong
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: 7/14/2025, 3:45:33 PM 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 majority of Atlanta, GA residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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 house 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 property at 2977 5th St SW has 0 bathroom.
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.
While more than 252 listings in Atlanta, GA in June 2025 were sold above asking price, there were more than 241 listings sold at asking price, and more than 718 were sold below. The inventory of homes for sale in Atlanta, GA between May and June 2025 increased by 10.2%. Listings spent 45 days on the market in June 2025, and had a median list price of $426,329 during the same period.
From Rocket Homes Real Estate and based on county public records data.