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 delightful neighborhood is a hidden gem in Fulton County, known for its rich history, friendly atmosphere, and unique architectural styles. Ormewood Park is ideally situated just minutes from downtown Atlanta, offering residents the perfect blend of suburban tranquility and urban convenience.

One of the standout features of this community is its stunning two-story homes. These residences are designed to provide ample living space while maximizing comfort and style. With a variety of architectural designs, from traditional to modern, each home in Ormewood Park tells its own story. Many of these two-story homes boast spacious layouts, featuring open-concept living areas, gourmet kitchens, and cozy bedrooms that are perfect for families of all sizes.

Beyond the beautiful homes, Ormewood Park offers a wealth of amenities for residents to enjoy. The neighborhood is dotted with lush parks, scenic walking trails, and community spaces that encourage outdoor activities and social gatherings. Families will appreciate the proximity to excellent schools, while food enthusiasts can indulge in the diverse culinary scene nearby, with trendy cafes and restaurants just a stone's throw away.

Whether you’re a first-time homebuyer or looking to settle down in a vibrant community, Ormewood Park is the perfect place to call home. Experience the charm of Atlanta living in a neighborhood that truly has it all!

Newest Ormewood Park Homes with 2 Stories

$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.

Start Your Search

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.