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 the 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.
Active
$130,000
204 E 16th St E, Rome, GA 30161
3beds
--sqft
Est.:
Single Family Residence, Residential
Built in 1940
7,840.8 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Metal roof
- 17 hours |
- 228 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: 21 hours ago
Listing Provided by:
Trivon Thompson,
Coldwell Banker Residential Real Estate, LLC 770-429-0600
Source: FMLS GA,MLS#: 7751064
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Family Room
Primary bedroom
- Features: Master on Main
- Level: Master on Main
Bedroom
- Features: Master on Main
Primary bathroom
- Features: Tub/Shower Combo
Dining room
- Features: None
Kitchen
- Features: None
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Microwave, Refrigerator
- Laundry: In Hall
Features
- High Speed Internet
- Flooring: Laminate
- Windows: Insulated Windows
- Basement: None
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 0
- Finished area above ground: 1,254
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: None, No Dock
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 7,840.8 Square Feet
- Features: Level
Details
- Additional structures: None
- Parcel number: J14N 158
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cottage
- Property subtype: Single Family Residence, Residential
Materials
- Aluminum Siding
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 110 Volts, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Rome
Financial & listing details
- Date on market: 4/12/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/12/2026 | Listed for sale | $130,000 |
Source:  FMLS GA #7751064 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: 30161
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10William G. Hasty- Sr. Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 6/10Teasley Middle SchoolGrades: 6-8Distance: 3.2 mi
- 5/10Cherokee High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Anna K. Davie
- Middle: Rome
- High: Rome
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 30161
- Georgia
- Cherokee County
- Canton
- 30161
- 204 E 16th St E
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