692 Smith Street Sw, Atlanta, GA 30310
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
692 Smith Street Sw,Atlanta, GA 30310
$1,100,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:stephan dickie
Office:atlanta leasing & investment
MLS#:7600640
Source:FIRSTMLS
Price summary
- Price:$1,100,000
About this home
This renovated 6-unit multifamily property is located near Summerhill and Georgia State University, one of Atlanta’s fastest-growing neighborhoods. The property is just steps from GSU, the BeltLine, and the 2026 FIFA World Cup activity zone, and it’s surrounded by major projects such as Underground Atlanta, Centennial Yards, and the South Downtown Revitalization.
Property Highlights
Turnkey Investment: This property has been recently renovated inside and out, offering a truly turnkey opportunity. Investors can begin generating income immediately with minimal upfront effort.
Location: Ideally situated in a sought-after area of Atlanta, just steps from Summerhill and Georgia State University. With the 2026 World Cup expected to bring increased attention and tourism to the region, the property is well-positioned for both appreciation and rental growth.
Cashflow: The property has produced consistent cash flow for over three years through short-term rental operations. Historical financials are available upon request to confirm performance.
Capital Improvements: Extensive capital improvements have been completed across all units since 2021, including both interior and exterior upgrades. All mechanical systems and appliances are in working condition, reducing the need for deferred maintenance.
Contact an agent
Home facts
- Year built:1960
- Listing ID #:7600640
- Updated:September 30, 2025 at 01:21 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1960
- Lot area:0.15 Acres
Schools
- High school:Maynard Jackson
- Middle school:Martin L. King Jr.
- Elementary school:Cascade
Utilities
- Water:Water Available
Finances and disclosures
- Price:$1,100,000
- Tax amount:$8,727 (2024)
New listings near 692 Smith Street Sw
- $1,250,000Active5 beds 4 baths3,854 sq. ft.
2067 Telfair Circle #A&B, Atlanta, GA 30324
MLS# 7587232Listed by: EXIT REALTY WEST MIDTOWN - Coming Soon$1,675,000Coming Soon4 beds 5 baths
3384 Rilman Road Nw, Atlanta, GA 30327
MLS# 7656855Listed by: DORSEY ALSTON REALTORS - New$299,900Active3 beds 2 baths1,330 sq. ft.
1269 Wichita Drive Sw, Atlanta, GA 30311
MLS# 10614715Listed by: Coldwell Banker Bullard Realty - New$324,900Active1 beds 1 baths805 sq. ft.
199 14th Street Ne #1503, Atlanta, GA 30309
MLS# 7657428Listed by: RE/MAX METRO ATLANTA CITYSIDE - New$1,300,000Active2 beds 3 baths1,776 sq. ft.
3630 Peachtree Road Ne #2102, Atlanta, GA 30326
MLS# 7657413Listed by: PEACHTREE TOWN & COUNTRY - Coming Soon$730,000Coming Soon4 beds 4 baths
2718 Vinings Oak Drive Se, Atlanta, GA 30339
MLS# 7655408Listed by: COMPASS - Coming Soon$2,499,000Coming Soon5 beds 4 baths
3955 Northside Drive Nw, Atlanta, GA 30342
MLS# 7656987Listed by: ATLANTA FINE HOMES SOTHEBY'S INTERNATIONAL - New$600,000Active3 beds 4 baths2,000 sq. ft.
3050 Margaret Mitchell Drive Nw #19, Atlanta, GA 30327
MLS# 7657048Listed by: ATLANTA FINE HOMES SOTHEBY'S INTERNATIONAL - Open Tue, 11:30am to 1:30pmNew$875,000Active3 beds 4 baths3,848 sq. ft.
3733 Allegretto Circle, Atlanta, GA 30339
MLS# 7657300Listed by: BEACHAM AND COMPANY - New$299,000Active4 beds 2 baths
2756 Gresham Road Se, Atlanta, GA 30316
MLS# 7657363Listed by: NEXUS REALTY GROUP