Listing provided courtesy of Coldwell Banker Realty- MLS# 10729968
Contact Information: 404-967-1314
Contact Information: 404-967-1314Images
Request Info204 E 16th Street SWRome, GA 30161
Single Family · 3 Beds · 1 Full Bath · 1,254 Sq. ft. | 0.18 Acres$130,000
Active
204 E 16th Street SW Overview
- Time on Site:
- 80 days
- Visits:
- 8
Built in 1940 and sitting on a 0.18-acre lot in Rome, GA, this well-maintained 3-bedroom, 1-bath single-family residence delivers immediate rental income with a qualified tenant in place at $1,200/month. That's $14,400 in gross annual rent against a $130,000 asking price - a gross rent multiplier of just 9.0x with a potential cap rate north of 8%. The current owner has maintained this property with care: a metal roof speaks to the long-term stewardship that keeps a 1940s build standing strong. No HOA means no rent restrictions and no additional overhead eating into returns. At approximately $1,080 in annual property taxes, carrying costs stay lean. Seller has never occupied the property. Buyers are encouraged to conduct their own independent due diligence during the inspection period. Rome, GA continues to draw investor attention as a growing NW Georgia market anchored by Berry College, Shorter University, and Georgia Northwestern Technical College - consistent renter demand built right in.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
204 E 16th Street SW Facts & Features
- Type Single Family
- Sq. ft. 1,254
- Price/Sq.ft. $104
- Lot 0.18 Acres
Details
General
Association/HOA
- Association Fee: 0
- Association Fee Includes: None
- Association: No
School Information
- Elementary School: Anna K Davie
- Middle Or Junior School: Rome
- High School: Rome
Building Information
- New Construction: No
- Year Built: 1940
Location/Region
- Country: US
- County Or Parish: Floyd
- Subdivision Name: NONE
Building Exterior/Construction
- Total Number Of Slips: 0
Community/Development
- Community Features: None
Rent/Lease Information
- Land Lease: No
Tax Information
- Tax Annual Amount: 1088
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional, FHA, USDA Loan
- Parcel Number: J14N 158
- Property Condition: Resale
- Property Sub Type: Single Family Residence
- Property Type: Residential
Interior
Building Information
- Below Grade Unfinished: 0
Parking Information
- Garage: No
Beds/Baths
- Bathrooms Full Lower: 0
- Bathrooms Half Lower: 0
- Bedrooms Lower: 0
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms Total: 1
- Bedrooms Total: 3
- Bathrooms Total Decimal: 1
Building Interior
- Above Grade Finished Area: 1254
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Units: Square Feet
- Building Area Source: Public Records
- Building Area Total: 1254
- Building Area Units: Square Feet
General Information
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Basement: None
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate
- Interior Features: Master On Main Level
- Laundry Features: In Hall
- Levels: One
- Living Area: 1254
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Main Level Bathrooms: 1
- Main Level Bedrooms: 3
Exterior
Parking Information
- Parking Features: None
- Parking Total: 0
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.18
- Lot Size Area: 7840.8
- Lot Size Source: Public Records
- Lot Size Square Feet: 7840.8
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- View: No
Building Exterior/Construction
- Architectural Style: Bungalow/Cottage
- Attached Garage: No
- Construction Materials: Aluminum Siding
- Roof: Composition
- Structure Type: House
General Information
- Carport: No
- Electric On Property: Yes
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Connected, Water Available
-
204 E 16th Street SW Neighborhood
Community
30106 (Austell) Demographics
37
Median Age
1,805
Population Density (per sq. mile)
37%
College Educated
$52,532
Estimated Median Income
4,396
Estimated Total Home Owners
3,871
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.204 E 16th Street SW Monthly Cost
204 E 16th Street SW Market Data
Based on the last 30 days in this zip code
$323,578
Average List Price
$183
Average Price per Square Foot
40
Properties Sold
70
Average Days on Market
214
Properties for Sale
204 E 16th Street SW History
| Date | Value | Agent |
|---|---|---|
| 4/25/2026Source: Georgia MLS | Active |
|
| 4/11/2026Source: Georgia MLS | New |
|
| 4/10/2026Source: Georgia MLS | April 10, 2026 |