$10,000 Closing Credit¹
#10441874, Pamela Armistead, Listing office: eXp Realty
$1,248,000 List price
692 Smith St SW Atlanta, GA 30310
$10,000
Closing credit¹
0.1 acres
House
Property details
About 692 Smith St SW
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.
Highlights
Home typeOther
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Lot size0.1478 Acres
Year builtNew Const., 1960
ParkingParking Lot
MLS #7600640
ViewOther
Summary
- Attached Garage: No
- Private Pool: No
- Parking: Parking Lot
- Waterfront: None
- View: Other
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $1,248,000
- Annual Tax Amount: $4,873
- Tax Year: 2023
- Lot: Other
- Directions: Turn left onto Ralph David Abernathy Blvd SW Turn right onto Smith St SW
- Year Built: 1960
- Lot Size: 0.1478 Acres
- MLS Number: 7600640
- MLS Name: First Multiple Listing Service
- Office Name: Atlanta Leasing & Investment
- Office Phone: (404) 348-4448
- Listing Agent: Stephan Dickie
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. 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 and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.
IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/21/2025, 12:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,248,000
692 Smith St SW
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 15, 2017 | Home Sold | $250,000 |
| May 05, 2017 | Home Sold | $155,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $117,720 | $4,873 |
| 2022 | $117,720 | $4,873 |
| 2021 | $117,720 | $5,729 |
| 2020 | $117,720 | $4,873 |
| 2019 | $117,720 | $4,836 |
| 2017 | $103,200 | $4,457 |
History based on county public records data.
Nearby schools
3
Dunbar Elementary School
Public District PK-5
0.4 mi
•500 Whitehall Ter SW
4
Gideons Elementary School
Public District PK-5
0.5 mi
•897 Welch St SW
4
Barack & Michelle Obama Academy
Public District PK-5
1.2 mi
•970 Martin St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,910. Typical income of Atlanta, GA residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
87%
<35k
4%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
52%
Single, No Kids
41%
Single, with Kids
4%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
28%
<11 yrs old
8%
12-17 yrs old
35%
18-34 yrs old
22%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 692 Smith St SW
The listing price of 692 Smith St SW property is $1,248,000.
The property 692 Smith St SW is a house located in Atlanta, Georgia, 30310.
Active Listing: 692 Smith St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 692 Smith St SW are: Dunbar Elementary School (GreatSchools Rating 3/10), Gideons Elementary School (GreatSchools Rating 4/10), Barack & Michelle Obama Academy (GreatSchools Rating 4/10), Martin Luther King Jr. Middle School (GreatSchools Rating 3/10), Herman J. Russell West End Academy (GreatSchools Rating 2/10), Imagine Wesley International Academy Charter Facility (GreatSchools Rating 3/10), G. W. Carver High School (GreatSchools Rating 1/10), Early College High School at Carver (GreatSchools Rating 4/10), Booker T. Washington High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $4,873 (source: MLS/based on county public records data).
The last sale was on August 15, 2017 for $250,000 (source: MLS/tax record).
The property at 692 Smith St SW has 0 bathroom.
The year of construction for 692 Smith St SW is 1960.
This home is located at 692 Smith St SW in Atlanta, GA and zip code 30310 in the Southwestern Atlanta neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $1,248,000.
Over 303 listings were sold over their listed price in May 2025 in Atlanta, GA. In the same period over 629 listings were sold below the listed price and 266 listings were sold for the listed price. The inventory of homes for sale in Atlanta, GA between April and May 2025 increased by 12.7%. The median list price of listings available in May 2025 was $425,128, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.