204 E 16th St SW

Rome, GA 30161

$130,000
Price
3
Beds
1,254 Sq. Ft.
$104 / Sq. Ft.
1,254
Sq. Ft.
$104
per Sq. Ft.
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Listed By Coldwell Banker Realty
Listed By Coldwell Banker Realty

Description

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...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.

Listing Agent

  1. Trivon Thompson

    Trivon Thompson

    Listing Agent

    Coldwell Banker Real Estate LLC

    P: (404)-967-1314

    CallText

Property Details for 204 East 16th Street Southwest

Subdivision Complex
N/A
Architectural Style
Bungalow, Cottage
Exterior
None
Num Of Parking Spaces
0
Parking Features
None
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 06/16/2026 03:13 PM

Property Details for 204 East 16th Street Southwest

StatusActive
MLS #7751064
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.18 AC / 7,840 SF
CountyFloyd County
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Location

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Building Information for 204 East 16th Street Southwest

Stories1Year Built1940Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

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$739 per month

30 year fixed, 6.36% Interest

Principal and Interest

$648

Property Taxes

$91

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 204 East 16th Street Southwest

Summary
Location and General Information
  • Community Features: None
  • Directions: Use GPS
  • Lake Name: None
  • View: Other
  • Coordinates: -85.16546444, 34.2328981
Taxes and HOA Information
  • Parcel Number: J14N 158
  • Tax Year: 2023
  • Master Association Fee: $.00
  • HOA Rent Restrictions: No
  • Association: No
  • Block: N/A
  • Tax Legal Description: LT9 PB1-114 8TH WARD ROME
  • Tax Lot: N/A
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Anna K. Davie
  • High School: Rome
  • Middle School: Rome
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Basement: None
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Laminate
  • Interior Features: High Speed Internet
  • Levels/Stories: One
  • Other Equipment: None
  • Window Features: Insulated Windows
  • Bedroom Features: Master on Main
  • Diningroom Features: None
  • Kitchen Features: None
  • Master Bathroom Features: Tub/Shower Combo
  • Foundation: Slab
  • Main Bedrooms: 3
  • Total Half Baths: 0
  • Bathrooms Total Interger: 1
  • Main Full Baths: 1
  • Additional Rooms: Family Room
  • Bathrooms Total Decimal: 1.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Aluminum Siding
  • Dock: None
  • Fencing: None
  • Horse Amenities: None
  • Patio And Porch Features: None
  • Pool Features: None
  • Road Surface Type: Asphalt
  • Roof Type: Composition
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Laundry Features: In Hall
  • Pool Private: No
  • Road Frontage Type: City Street
  • Other Structures: None
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Phone Available,Water Available
  • Water Source: Public
  • Electric: 110 Volts, 220 Volts
Property and Assessments
  • FHA Condo Approval: No
  • Home Warranty: No
  • Plat Book: N/A
  • Plat Page: N/A
  • Property Condition: Resale
  • Representative of Property: No
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: N/A
  • Above Grade Finished Area: 1254.0
  • Below Grade Finished Area: 0.0
  • SqFt Source: Owner
  • Square Footage: 1254.0
  • Common Walls: No Common Walls
  • Land lot: N/A
  • Lot Features: Level
  • Acreage Source: Other
  • Below Grade Unfinished Area: 0.0
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • # Of Units In Community: 0
  • Number of Units To Be Built: 0
Income & Expenses Information
  • Swim/Tennis Fee: $0
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Tenant

Public Records for 204 East 16th Street Southwest

Taxable ValueLand$4,888Additions$25,536Total$30,424
Tax Record2025$1,088 ($91 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,254 SqFtAbove Grade Finished SqFt1,254 SqFtStories1Lot Size7,841 SqFtStyleSingle Family ResidenceYear Built1940ZoningH-T-RCountyFLOYDAPNJ14N- -158 -Fireplace TypeHas Fireplace

Schools near 204 East 16th Street Southwest

This home is within Rome City School District.
Rating
School
Type
Grades
Distance
East Central Elementary School
Public - PK to 6
Rome Middle School
Public - 7 to 8
Rome High School
Public - 9 to 12
Anna K. Davie Elementary
Public - PK to 6
Rating
School
Distance
East Central Elementary School
PublicPK to 6

Rome Middle School
Public7 to 8

Rome High School
Public9 to 12

Anna K. Davie Elementary
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 204 East 16th Street Southwest, Rome, GA 30161

204 East 16th Street Southwest is a single family home for sale in Rome, GA 30161. This property was listed for sale on April 1, 2026 by Coldwell Banker Real Estate LLC, it's currently listed at $130,000. This listing's school district is Rome City School District. Nearby schools include East Central Elementary School, Rome Middle School and Rome High School. 204 East 16th Street Southwest is a 3-bed, 1-bath, 1,254 sqft single family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.