692 Kirkwood Avenue SE, Atlanta, GA 30316 - Cindy Sharon Real Estate Group

$1,500,000

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… Read More 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. Read Less

Listing courtesy of DOMO Realty [email protected]

Listing Snapshot

Days Online

Last Updated

May 21, 2026

Property Type

Other

Lot Size

0.03 Acres

Year Built

2012

MLS Number

10767436

30 Days Snapshot Of 30316

$496k

+8%

(avg) sold price

homes sold

+36%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

None

Building

Built in 2012, Concrete, Three Or More, Triplex

Community

Sidewalks, Street Lights, Walk To Shopping

Cooling

Central Air

Water Features

Water body: NONE

Heating

Electric

Home Owner's Association

None

Lot

0.034 acres

Energy Saving

Insulation

Parking

Parking Total: 5, Detached, Parking Pad

Property

Resale

Sewer

Public Sewer

Taxes

Annual Amount: $13,167, Year: 2025

Utilities

Sewer Connected, Public

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692 Kirkwood Avenue SE

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