204 E 16th St E
Rome, GA 30161
3 Beds
1 Bath
3 Beds
1 Bath
We estimate this home will sell faster than 82% nearby.
Local Information
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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.
We estimate this home will sell faster than 82% nearby.
Home Highlights
Parking
None
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
26 days ago
Last check for updates: about 17 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 |
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: 11Days on Market: 26 |
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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: $130,000 |
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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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 |
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 |
|---|---|---|---|---|---|---|---|
0.39 | Single-Family Home | $262,000 | 09/17/25 | 3 | 1 | 1,272 | |
0.20 | Single-Family Home | $212,000 | 07/07/25 | 3 | 1 | - | |
0.40 | Single-Family Home | $314,900 | 02/13/26 | 3 | 2 | - | |
0.43 | Single-Family Home | $250,000 | 06/20/25 | 3 | 2 | 1,196 | |
0.21 | Single-Family Home | $195,640 | 12/19/25 | 3 | 1 | - | |
0.46 | Single-Family Home | $270,000 | 06/20/25 | 3 | 2 | - | |
0.31 | Single-Family Home | $232,500 | 07/21/25 | 3 | 1 | 1,304 | |
0.21 | Single-Family Home | $355,000 | 02/11/26 | 3 | 2 | 1,604 | |
0.32 | Single-Family Home | $465,000 | 02/25/26 | 3 | 2.5 | 2,117 | |
0.17 | Single-Family Home | $230,000 | 04/15/26 | 3 | 2 | 1,456 |
Assigned Schools
These are the assigned schools for 204 E 16th St E.
- Cherokee High School
- 9-12
- Public
- 2808 Students
5/10GreatSchools RatingParent Rating AverageIt’s really a slap in the face that the school care more about the way they “look” verses the kids that are in school. Who tells a mom to look into home schooling when she is expressing her child shouldn’t be at home all day by herself? Public school is free and at this point my 15 year old is being denied an education by the Cherokee county school board.Parent Review1mo ago - Teasley Middle School
- 6-8
- Public
- 1568 Students
6/10GreatSchools RatingParent Rating AverageAs an 8th grader at teasley middle school, I DO NOT recommend enrolling your child here. There is a violent gang of kids known as the "country kids". They harass students and even jump students. The country kids meet up in packs of 5 or 6, and go into the Boy's bathroom and then they kick stalls in, pee on the floors, destroy soap dispensers, dent the mirrors, break sink handles, bully other students, and blame everything on the other students. As one of their targets going on three years, the country kids are hateful people. They called me Trans because of my hair, and have bullied me almost non-stop for two years. They've bullied a lot of my friends too. I'm enraged that nothing has been done about the country kids. Teasley would be a much safer place without them.Student Review1y ago - William G. Hasty- Sr. Elementary School
- PK-5
- Public
- 1056 Students
6/10GreatSchools RatingParent Rating AverageThis is my son's first year in this school and the last. This school has poor staff and the principal is very rude and disrespectful. I saw reviews from this school before enrolling my son in it. Every comment that I found were really bad, but I chose to ignore them and give it a chance. Now I know what other parents felt. I suggest that if you are looking for a school for your kids, look somewhere else because this school is going to bring problems to you. This school principal should be replaced because she is NOT a good leader.Parent Review1y ago 
Check out schools near 204 E 16th St E.
What Locals Say about Canton
At least 463 Trulia users voted on each feature.
89 % Say car is needed
85 % Say it's dog friendly
82 % Say yards are well-kept
81 % Say there's holiday spirit
80 % Say parking is easy
71 % Say it's quiet
67 % Say there are sidewalks
66 % Say people would walk alone at night
64 % Say kids play outside
60 % Say streets are well-lit
56 % Say there's wildlife
54 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
38 % Say there are community events
30 % Say it's walkable to grocery stores
25 % Say it's walkable to restaurants
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 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.