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.
Active
$130,000
204 E 16th St SW, Rome, GA 30161
3beds
1,254sqft
Est.:
Single Family Residence
Built in 1940
7,840.8 Square Feet Lot
$106,300 Zestimate®
$104/sqft
$-- HOA
What's special
- 17 days |
- 896 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Trivon Thompson 404-967-1314,
Coldwell Banker Realty
Source: GAMLS,MLS#: 10729968
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
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator
- Laundry: In Hall
Features
- Master On Main Level
- Flooring: Laminate
- Basement: None
- Has fireplace: No
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
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,840.8 Square Feet
- Features: Level
Details
- Parcel number: J14N 158
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Connected, Water Available
Community & HOA
Community
- Features: None
- Subdivision: NONE
HOA
- Has HOA: No
- Services included: None
Location
- Region: Rome
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $76,060
- Annual tax amount: $1,088
- Date on market: 4/12/2026
- Cumulative days on market: 18 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,USDA Loan
- Electric utility on property: Yes
Estimated market value
$106,300
$80,000 - $135,000
$1,264/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/12/2026 | Listed for sale | $130,000$104/sqft |
Source:  GAMLS #10729968 Report a problem | ||
| 2/27/2026 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/22/2026 | Price change | $1,200-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2025 | Listed for rent | $1,250+4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/6/2023 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,080 +9% | $30,424 +8.8% |
| 2024 | $991 +30.7% | $27,974 +5.4% |
| 2023 | $758 -8.2% | $26,548 +22.2% |
| 2022 | $825 +12.9% | $21,729 +10.3% |
| 2021 | $731 +8.6% | $19,705 +9.5% |
| 2020 | $673 +7% | $17,995 +5.9% |
| 2019 | $629 +7.3% | $16,992 +7.3% |
| 2018 | $586 | $15,841 +3.9% |
| 2017 | $586 +3.9% | $15,246 +2.9% |
| 2016 | $564 +8.7% | $14,812 |
| 2015 | $519 | $14,812 |
| 2014 | $519 | $14,812 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2003 | -- | -- |
Find assessor info on the county website
Climate risks
Neighborhood: 30161
Nearby schools
GreatSchools rating
- 6/10William G. Hasty- Sr. Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 6/10Teasley Middle SchoolGrades: 6-8Distance: 3.3 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: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Georgia
- Cherokee County
- Canton
- 30161
- 204 E 16th St SW
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