Listing provided courtesy of Domo RealtyMLS# 7771315MLS Provider
  • 41 days on site
  • 0 views

If you put $1.5 million into Bitcoin in 2025, you would have lost $110,000 by December 31st. But if you bought this mixed use triplex you could have made OVER $114,000. No volatility. No charts. No 3am panic. Plus it appreciates. Plus you own a brick building in Cabbagetown one block from the BeltLine. 692 Kirkwood Avenue, Building C is a 4,000-square-foot mixed-use triplex in the heart of Cabbagetown. Brick exterior. Modern bones. Built in 2012. A commercial suite on the ground floor, two residential lofts above, five private parking spots, and a front-row seat to Cabbagetown Park. One block from the BeltLine Eastside Trail. The income math is already working. The lifestyle story sells itself. The Ground Floor: C1 Floor-to-ceiling storefront windows flood the 1600 sq. Ft. commercial suite with the kind of natural light that makes creative people productive and clients feel at ease. Polished concrete floors. Soaring ceilings. A conference room, a kitchenette, two bathrooms, hardwired fiber, security cameras, and dual entrances off both Kirkwood Avenue and the rear parking lot. This space has housed a CPA firm serving the Atlanta film industry. It could house yours. Or someone else's, at $4,500+ per month while you collect the check from upstairs. Upstairs: C2 and C3 Two side-by-side lofts, each approximately 1,200 square feet across three levels. Kitchen and living on the second floor. Loft bedroom and bath at the top, tucked under skylights with cable-rail balustrades and a clean architectural aesthetic detail that attracts tenants who take care of things. Private balconies with tree canopy views. In-unit washer and dryer. Long-term tenants generating $2,550 to $2,950 per month per unit, with rents up more than 60% since 2018.The demand does not waver. The Numbers Gross annual income at current market rents: $114,000. At a conservative 6.5% cap rate, the income approach supports a value well above the $1,500,000 list price. Freshly replaced HVAC across all three units. Turnkey commercial suite. Stable residential tenants. Mixed-use zoning you will not find anywhere else in this neighborhood. Cabbagetown Park is across the street. Carroll Street restaurants are three blocks over. Krog Street Market is a 5-minute walk. And did I mention there are five private off-street parking spots that come with this building… A cash cow gives you milk. This building gives you the whole farm.

Source: FMLS, MLS#: 7771315

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.03 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 692 Kirkwood Avenue SE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: Georgia MLS Status Change
Active
5/20/2026Source: Georgia MLS Status Change
New
5/20/2026Source: FMLS Status Change
Active
5/19/2026Source: Georgia MLS Added to Database
May 19, 2026
5/19/2026Source: FMLS Added to Database
May 19, 2026
11/15/2023Source: FMLS Status Change
Closed
11/14/2023Source: Georgia MLS Status Change
Sold
10/13/2023Source: Georgia MLS Status Change
Under Contract
10/12/2023Source: FMLS Status Change
Pending
10/8/2023Source: Georgia MLS Status Change
Active
10/6/2023Source: FMLS Status Change
Active Under Contract
9/25/2023Source: FMLS Added to Database
September 25, 2023
9/25/2023Source: Georgia MLS Added to Database
September 25, 2023