- – beds
- – baths
- 6,438 sqft lot
- 1960 build
- – on site
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.
Last checked:
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Last updated Jun 20, 2025
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MLS# 7600640 —
The Building
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Year Built:1960
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Construction Materials:Brick 4 Sides
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# of Units Total:6
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Levels:One
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Roof:Shingle
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Window Features:None
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Security Features:Carbon Monoxide Detector(s)
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Accessibility Features:Accessible Bedroom
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Green Energy Efficient:None
Location
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Directions:Turn left onto Ralph David Abernathy Blvd SW Turn right onto Smith St SW
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Latitude:33.736041
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Longitude:-84.400614
The Property
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Parcel Number:14 008600031144
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Other
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Property Condition:New Construction
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Lot Features:Other
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Lot Size Acres:0.1478
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Lot Size Dimensions:6440
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Lot Size Source:Owner
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View:Other
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Fencing:Back Yard
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Waterfront Features:None
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Water Body Name:None
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (404) 348-4448
- Office phone:
- (404) 348-4448
Taxes
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Tax Year:2024
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Tax Annual Amount:8727
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/692-Smith-St-SW-Atlanta-GA-30310/unbranded
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Home Warranty:false
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Special Circumstances:None
Heating & Cooling
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Cooling:Ceiling Fan(s)
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Other
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Water Source:Other
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Green Energy Generation:None
Schools
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Elementary School:Cascade
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Middle Or Junior School:Martin L. King Jr.
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High School:Maynard Jackson
The Community
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Subdivision Name:Crown Park
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Community Features:None
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Association:false
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Pool Private:false
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Dock:None
Parking
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Parking Total:6
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Parking Features:Parking Lot
Listing Provided Courtesy of Atlanta Leasing & Investment
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).