16
Map
$275,000
●
House -
In Contract
1330 Ormewood Avenue SE
Atlanta, GA 30316
3 Beds
1 Bath
986 Ft²
$1,537
Est. Monthly
About This Property
Unlock immediate upside in prime Ormewood Park with this rare
investor special at 1330 Ormewood Avenue SE. Featuring a 3-bedroom,
1-bathroom layout situated on a highly desirable level lot, this
structure offers a clean slate with incredible potential for a full
renovation, addition, or pop-top conversion to maximize ARV.
Location is everything: future buyers will love being just a
10-minute walk to the vibrant dining, nightlife, and events in East
Atlanta Village, less than a 10-minute drive to Kirkwood, and
minutes from major highways and the BeltLine for an effortless
commute. Opportunities with this kind of footprint, lot quality,
and placement in one of Intown Atlanta's hottest corridors don't
last long-bring your contractor and vision!
Unit Size
986 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$279
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1943
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (GAMLS #10834407)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Price Decreased |
$275,000
↓ $60K
(17.9%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by Anchor Real Estate Advisors | $335,000 | |
| Listed by Anchor Real Estate Advisors | |||
Property Highlights
Parking Details
Parking Features: Parking Pad
Interior Details
Full Bathrooms: 1
Interior Features: Other
Appliances: Other
Flooring Type: Hardwood
Laundry Features: None
Basement: None
Exterior Details
Square Footage: 986
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Traditional
Year Built: 1943
Levels: One
Construction Materials: Wood Siding
Patio and Porch Features: Patio, Screened
Lot Features: Level
Lot Size Area: 8712
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Water Source: Public
Financial Details
Tax Annual Amount: $2,233
Utilities Details
Cooling Type: None
Heating Type: None
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Eastside
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hannah Branham, Anchor Real Estate Advisors
Last Updated: 3 days ago
Data Source: GAMLS, MLS# 10834407
Last Updated: 3 days ago
Data Source: GAMLS, MLS# 10834407
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017