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692 Kirkwood Avenue

Atlanta, GA 30316
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Bed --

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Bath 0

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Acres0.03

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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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,500,000

AD Id : 78939752

MLS Id : 7771315

Lot Size : 0.03 Acre

Year Built : 2012

County : Fulton

Subdivision: Cabbage Town

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Feature Features

  • Flooring Information

    Hardwood
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2012 Construction Materials: Cement Siding Private Pool: No View: City

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 0.034 Lot Size Source: Public Records Lot Description: Level

    Property Information

    Subdivision: Cabbage Town Source Property Type: Residential Income Postal Code Plus 4: 1137 Property SubType: Triplex Levels: Three Or More Property Age: 14

  • Listing Price Information

    Listing Price: $1500000 1031 Exchange, Cash, Conventional

  • Tax Information

    Parcel Number: 14 002000050606 Tax Year: 2025 Annual Tax: $13167 Tax Legal Desc: 0

  • Parking Information

    Parking Total: 5 Parking Lot, Paved

  • School Information

    Elementary School: Parkside
    Junior High School: Martin L. King Jr.
    Senior High School: Maynard Jackson
  • Utility Information

    Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Location Information

    Direction: Memorial Dr SE go for 0.2 mi., turn left on Estoria ST, go for .3 mi., turn left on Kirkwood Ave SE, building C will be on the right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1172 Fayetteville Road, Atlanta, GA, 30316 $365,000 -- -- --
1361 Metropolitan Avenue, Atlanta, GA, 30316 $975,000 -- -- --
1591 Woodland Avenue, Atlanta, GA, 30316 $375,000 -- -- --
152A-C Berean Avenue, Atlanta, GA, 30316 $849,500 -- -- --

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ByOwner last updated this listing 06/24/2026 @ 20:19

MLS: 7771315 LISTED BY: Vanessa Reilly, Domo Realty 404-974-9550 SOURCE: First Multiple Listing Service (FMLS)

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