Ormewood Park Homes with 2 Stories

Ormewood Park Homes with 2 Stories

Welcome to Ormewood Park, a vibrant and charming subdivision nestled in the heart of Atlanta, Georgia. This picturesque neighborhood is known for its rich history, friendly community, and an array of beautiful homes that perfectly blend modern living with Southern charm.

Ormewood Park is characterized by its tree-lined streets, where a delightful mix of architectural styles can be found. Among the most sought-after properties in this area are the stunning two-story homes that offer both elegance and functionality. These residences are designed to cater to various lifestyles, providing ample space for families, professionals, and anyone seeking a cozy retreat in the city.

Living in Ormewood Park means enjoying the best of both worlds—urban convenience and suburban tranquility. Residents can take advantage of nearby parks, local shops, and a vibrant dining scene, all just a stone's throw away. The neighborhood is also conveniently located near major highways and public transportation, making it easy to explore all that Atlanta has to offer.

Families will appreciate the excellent schools and community-focused atmosphere that Ormewood Park provides. The neighborhood hosts various events throughout the year, fostering a sense of belonging and camaraderie among residents.

Whether you’re looking for a charming two-story home to raise a family or a stylish abode to entertain friends, Ormewood Park has something for everyone. Come discover the magic of this enchanting neighborhood and find your dream home in one of Atlanta’s most beloved communities!

Newest Ormewood Park Homes with 2 Stories

$600,000
3 Beds 2 Baths 10840078 MLS
Nestled in the heart of Ormewood Park just a few blocks from the newly opened Eastside Atlanta Beltline, this charming home combines comfort, functionality, and exceptional outdoor living. Situated on a large flat lot, this home offers a flexible floor plan with an option for primary suite on main or enjoy a private upstairs owner's retreat with balcony views overlooking the peaceful, beautifully landscaped backyard. Two additional bedrooms, a second full bath, spacious living room, and separate office are located on the main level. The bright kitchen offers abundant counter space, updated soft-close cabinetry with pull out drawers and spice rack, quartz counters, a custom dining nook with built-in storage, and direct access to the deck for easy indoor-outdoor entertaining. Outside, the deep, private backyard is a true retreat, professionally landscaped with cottage garden charm. A recently rebuilt detached one-car garage provides additional storage and parking, with a dedicated level driveway for 3+ cars. Lovingly maintained and updated, this move-in ready home features a newer roof with transferable warranty, recently painted exterior, encapsulated crawlspace, recent HVACs and water heater, newer double-pane windows with screens, fresh indoor paint, and a new low-maintenance composite deck for grilling and entertaining. An easy walk to the newly opened Atlanta Beltline Eastside segment, Ormewood Square's restaurants and ice cream shop, and the dining, nightlife, and live music of East Atlanta Village. Convenient to downtown Atlanta and ATL Airport. This home offers THE BEST of intown living!

942 Gilbert Street SE, Atlanta

Listing courtesy of HomeSmart.

$815,000
10819471 MLS
Fully Leased, Cash-Flowing Investment in One of Atlanta's Most Desirable Intown Neighborhoods Offered at $815,000, the property presents a rare opportunity to acquire a stabilized, cash-flowing asset in one of Atlanta's most supply-constrained and rapidly appreciating BeltLine neighborhoods. Fully leased with immediate cash flow, this turnkey investment opportunity in Ormewood Park offers stable in-place income in one of Atlanta's strongest long-term growth corridors. Located just 0.4 miles from the newly paved Atlanta BeltLine Southside Trail and within 0.5 miles of Glenwood Park's restaurants, coffee shops, breweries, fitness studios, and neighborhood retail, the property combines dependable current returns with exceptional long-term upside. A corporate-backed tenant has occupied the property continuously for the past three years and has historically renewed each term. Their continued interest in the home offers the next owner the potential for immediate, reliable income with limited vacancy exposure. Ormewood Park has consistently ranked among Atlanta's strongest appreciating intown neighborhoods, fueled by BeltLine expansion, continued redevelopment, and increasing demand from both homeowners and renters seeking walkable, amenity-rich communities. With the BeltLine now paved and easily accessible just minutes away, the property's location is well positioned to continue benefiting from one of Atlanta's most significant infrastructure investments. Current Lease Highlights Current Rent: $4,575/month ($54,900 annual gross rent) Lease Term: July 14, 2026 - July 13, 2027 Occupancy: Fully leased to four tenants under a single lease with joint and several liability. Tenant Responsibilities: Tenants pay all utilities and are responsible for routine interior upkeep and damages beyond normal wear and tear. Landlord Responsibilities: Professional landscaping, routine pest control, and major property maintenance. Financials are underwritten with actual property taxes, estimated insurance, landscaping, and pest control, along with conservative replacement reserves and maintenance allowances. The property is currently self-managed, resulting in a projected 5.04% cap rate at the asking price. Whether you're completing a 1031 exchange, expanding an Atlanta rental portfolio, or acquiring a low-maintenance investment with proven tenant demand, 585 Warwick offers an increasingly rare combination of stable in-place income, a proven leasing history, and a premier intown location. While the property provides immediate cash flow today, its proximity to the Atlanta BeltLine and Glenwood Park positions investors to benefit from continued rent growth, long-term appreciation, and sustained tenant demand for years to come.

585 Warwick Street SE, Atlanta

Listing courtesy of Keller Knapp, Inc.

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