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.
Active
$1,248,000
692 Smith Street Sw, Atlanta, GA 30310
2beds
1baths
--sqft
Est.:
Other, Residential Income
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 52 days
- on Zillow |
- 376 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 03:33am
Listing Provided by:
Stephan Dickie,
Atlanta Leasing & Investment
Source: FMLS GA,MLS#: 7600640

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Windows: None
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Parking Lot
Accessibility
- Accessibility features: Accessible Bedroom
Features
- Levels: One
- Stories: 1
- Exterior features: No Dock
- Fencing: Back Yard
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 6,438.17 Square Feet
- Features: Other
Details
- Parcel number: 14 008600031144
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- Brick 4 Sides
- Roof: Shingle
Condition
- New Construction
- New construction: Yes
- Year built: 1960
Utilities & green energy
- Sewer: Other
- Water: Other
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available, Other
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: Carbon Monoxide Detector(s)
- Subdivision: Crown Park
HOA
- Has HOA: No
Location
- Region: Atlanta
Financial & listing details
- Annual tax amount: $8,727
- Date on market: 6/17/2025
- Electric utility on property: Yes
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