Active

$130,000

204 E 16th St E, Rome, GA 30161

3beds

1,254sqft

Est.: Get pre-qualified

Single Family Residence, Residential

Built in 1940

7,840 Square Feet Lot

$-- Zestimate^®

$104/sqft

$-- HOA

What's special

Metal roof

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.

53 days

726

22

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: 1,254
Total interior livable area: 1,254 sqft
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 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

Price per square foot: $104/sqft
Date on market: 4/12/2026
Cumulative days on market: 53 days
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,571/mo

Price history

Date	Event	Price
4/12/2026	Listed for sale	$130,000$104/sqft
Source: FMLS GA #7751064 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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