204 E 16th St E
Rome, GA 30161
- 3 Beds
- 1 Bath
- 1,254 sqft
3 Beds
1 Bath
1,254 sqft
Local Information
-- mins to
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 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.
Home Highlights
Parking
None
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$104
Listed
72 days ago
Last check for updates: about 10 hours ago
Listing Provided by: Trivon Thompson
Coldwell Banker Residential Real Estate, LLC, 770-429-0600
Source: FMLS GA, MLS#7751064

Also Listed on FMLS GA.
Home Details for 204 E 16th St E
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MLS Status: Active |
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Interior Details Basement: NoneNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Dining Room, Kitchen |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1254 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Available, Phone Available, Water AvailableAppliances: Dishwasher, Electric Water Heater, Microwave, RefrigeratorDishwasherLaundry: In HallMicrowaveRefrigerator |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Gas & Electric Electric: 110 Volts, 220 VoltsHas Electric on Property |
Windows, Doors, Floors & Walls Window: Insulated WindowsFlooring: LaminateCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: NoneFloors: Laminate |
View Has a ViewView: Other |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: CompositionPatio / Porch: NoneFencing: NoneOther Structures: NoneExterior: None, No DockFoundation: SlabNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
Pool Pool: None |
Frontage Waterfront: NoneRoad Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public SewerWater Body: None |
Farm & Range Horse Amenities: None |
Finished Area Finished Area (above surface): 1254 Square Feet |
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Cumulative Days on Market: 65Days on Market: 72 |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Bungalow,Cottage |
Building Construction Materials: Aluminum SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Condition: ResaleParcel Number: J14N 158 |
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Price List Price: $130,000Price Per Sqft: $104 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Rome |
School Information Elementary School: Anna K. DavieJr High / Middle School: RomeHigh School: Rome |
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Listing Agent Listing ID: 7751064 |
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Building Area Building Area: 1254 Square Feet |
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Community Features: None |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 7840.8 sqft |
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Energy Efficiency Features: None |
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Business Information Ownership: Fee Simple |
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Mls Number: 7751064Attribution Contact: 770-429-0600Above Grade Unfinished Area: 1254Activation Date: Sun Apr 12 2026Showing Requirements: See Remarks |
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None |
Market trends in Rome
Last updated May 2026
Avg. sale price
$248K
$23.17KMoM
Sale-to-List Price
98.3%
0.3%MoM
Price per sq ft
$152
$11MoM
Available listings
436
6MoM
Price History for 204 E 16th St E
| Date | Price | Event | Source |
|---|---|---|---|
| 04/12/2026 | $130,000 | Listed For Sale | FMLS GA #7751064 |
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Comparable Sales for 204 E 16th St E
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $28,000 | 07/10/25 | 2 | 1 | 1,008 | |
0.07 | Single-Family Home | $50,000 | 12/15/25 | 3 | 2 | 1,176 | |
0.27 | Single-Family Home | $110,000 | 03/13/26 | 3 | 1 | 1,362 | |
0.10 | Single-Family Home | $222,000 | 01/15/26 | 3 | 2 | 1,304 | |
0.19 | Single-Family Home | $139,000 | 07/11/25 | 2 | 1 | 816 | |
0.22 | Single-Family Home | $42,000 | 09/23/25 | 2 | 1 | 920 | |
0.37 | Single-Family Home | $84,900 | 06/24/25 | 3 | 1 | 1,360 | |
0.10 | Single-Family Home | $172,999 | 05/15/26 | 2 | 1 | 1,080 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 204 E 16th St E.
What Locals Say about Rome
At least 446 Trulia users voted on each feature.
86 % Say car is needed
84 % Say yards are well-kept
75 % Say there's holiday spirit
75 % Say parking is easy
69 % Say kids play outside
67 % Say it's dog friendly
53 % Say it's quiet
52 % Say people would walk alone at night
51 % Say neighbors are friendly
49 % Say they plan to stay for at least 5 years
44 % Say streets are well-lit
44 % Say there's wildlife
34 % Say there are sidewalks
32 % Say it's walkable to restaurants
28 % Say it's walkable to grocery stores
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Trivon Thompson, Coldwell Banker Residential Real Estate, LLC, 770-429-0600

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204 E 16th St E, Rome, GA 30161 is a 3 bedroom, 1 bathroom, 1,254 sqft single-family home built in 1940. This property is currently available for sale and was listed by FMLS GA on Apr 10, 2026. The MLS # for this home is MLS# 7751064.