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$500,000

3 Orlystus Dr SW Rome, GA 30161

1.0 acres
Multi-Family

Property details

About 3 Orlystus Dr SW

Incredible Value-Add Investor Opportunity in Rome, GA! 10-unit brick complex at 3 Orlystus Dr SW, minutes from Downtown Rome, Coosa Country Club, and Shorter University. Offered at only $500,000-$540,000, this property is priced well below stabilized market value-with projected after-repair value (ARV) over $1,000,000+. Current unit mix: 10 spacious 1BR/1BA units with central HVAC, assigned parking, and strong rental demand in the immediate area. Pro Forma Cap Rate: 13-14% after minor renovation Upside: Estimated $140,000 in improvements needed to achieve full stabilization Market Rents: $1,000-$1,200 per month/unit achievable Location: 2 blocks from the river bridge into Downtown Rome, 1 block from Coosa Golf Course, near hospitals, shopping, and transit. Perfect for investors seeking: High cash-on-cash returns Value-add multifamily with proven upside Future refinance potential or long-term cash flow hold Call today-this kind of deal doesn't last!

Highlights

Home typeMulti Family
HeatingElectric, Forced Air
StatusActive
(New)
CoolingCentral Air
Lot size1 Acres
Year built1970
ParkingOff Street, Over 1 Space per Unit
MLS #10565586

Summary

  • Basement: No
  • Attached Garage: No
  • Parking: Off Street, Over 1 Space per Unit
  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • List Price: $500,000
  • Annual Tax Amount: $4,957
  • Tax Year: 2023
  • Directions: Please use GPS
  • Year Built: 1970
  • Lot Size: 1 Acres
  • MLS Number: 10565586
  • MLS Name: Georgia MLS 2
  • Office Name: Carnegie Cap
  • Listing Agent: Henry

IDX 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: 7/21/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 21, 2016
Home Sold
$150,000
May 01, 2008
Home Sold
$415,000

Tax history

YearAssessmentProperty Tax
2023$141,178$4,957
2022$134,041$4,891
2021$132,903$4,891
2020$132,928$4,931

History based on county public records data.

Nearby schools

3

Anna K. Davie Elementary School

Public District PK-6

0.8 mi

24 E Main St SW

5

Elm Street Elementary School

Public District PK-6

1.6 mi

8 S Elm St SW

3

Main Elementary School

Public District PK-6

1.7 mi

3 Watters St SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,539. The majority of Rome, GA residents have income between $35k-100k annually. 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?

43%
<35k
53%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

58%
Single, No Kids
17%
Single, with Kids
13%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • Burger KingBurger King
  • White CastleWhite Castle

What do the neighbors drive?

  • KiaKia
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Rome, GA

Rome's transport infrastructure includes a network of roads that connect residents to local and regional destinations. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also attentive to the needs of pedestrians and cyclists, with areas designed to be friendly to those who prefer to walk or bike. Enhancements to transportation are ongoing, reflecting the city's commitment to accessibility and efficiency.

The community is served by a robust educational system, including a number of public and private schools that cater to various educational needs. Healthcare services are comprehensive, with facilities offering a range of specialties. The city also features a public library system and a variety of retail and dining options that showcase local flavors and crafts. City initiatives are in place to continually adapt and improve these services to meet the needs of a growing population.

Rome is celebrated for its vibrant history and the convergence of three rivers, which adds to the city's picturesque charm. The community prides itself on a strong sense of heritage, with annual events that honor both the city's namesake and its place in American history. The downtown area, in particular, is known for its welcoming atmosphere and community-focused events.

Rome offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The housing market is dynamic, with a healthy balance of ownership and rental opportunities, though specific percentages are subject to change with market trends.

About 3 Orlystus Dr SW

The listing price of 3 Orlystus Dr SW property is $500,000.

The property 3 Orlystus Dr SW is a multi located in Rome, Georgia, 30161.

Active Listing: 3 Orlystus Dr SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3 Orlystus Dr SW are: Anna K. Davie Elementary School (GreatSchools Rating 3/10), Elm Street Elementary School (GreatSchools Rating 5/10), Main Elementary School (GreatSchools Rating 3/10), Pepperell Middle School (GreatSchools Rating 7/10), Rome Middle School (GreatSchools Rating 4/10), Model Middle School (GreatSchools Rating 7/10), Rome High School (GreatSchools Rating 4/10), Pepperell High School (GreatSchools Rating 7/10), Armuchee High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $4,957 (source: MLS/based on county public records data).

The last sale was on June 21, 2016 for $150,000 (source: MLS/tax record).

The year of construction for 3 Orlystus Dr SW is 1970.

This home is located at 3 Orlystus Dr SW in Rome, GA and zip code 30161. Features: 0 bathroom. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $500,000.

Rome, GA housing market in June 2025 saw over 17 listings sold above listed price, more than 22 sold at listed price and over 64 sold below. The inventory of homes for sale in Rome, GA between May and June 2025 increased by 4.6%. Listings spent 55 days on the market in June 2025, and had a median list price of $255,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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