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692 Moreland Ave SE, Atlanta, GA, 30316

1beds
2baths
1,712sqft
$500,000
$292price/sqft
$3,387/moest. monthly cost
$135,480/yrincome needed

About This Home

Incredible development opportunity in a prime intown location! This unique property, formerly used as a church, is situated in a multifamily residential district and offers exceptional potential for a variety of commercial or residential uses. Ideally located near the highly desirable neighborhoods of Reynoldstown, Ormewood Park and East Atlanta Village, it's less than a mile from I-20 and surrounded by new construction, redevelopment, and exciting additions like the newly opened Halidom Eatery food hall and Market on Moreland Ave. Whether you're looking to repurpose the existing structure or start fresh, this is a rare chance to invest in one of Atlanta's fastest-growing corridors. Sold as-is. Property is also listed for sale as a commercial opportunity.

Getting Around

74
WalkingVery Walkable
44
TransitSome Transit
68
BikeBikeable

Schools

5/10
King Middle SchoolGrades 6-81.8 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1940

Materials

  • Roof: Composition,Other
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Other,Refrigerator
  • Laundry features: None

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • High Ceilings,Other
  • Flooring: Carpet,Other
  • Finished area below ground: 0
  • Finished area above ground: 1,712

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Other,Window Unit(s)

Interior Area

  • Total structure area: 1,712
  • Total interior livable area: 1,712 sqft

Property

Details

  • Parcel number: 15 176 03 049
  • Special condition: As Is,Estate Owned,No Disclosure

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 8,712 sqft
  • Features: City Lot,Level

Parking

  • Parking features: Detached,Off Street
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Lightning

FEMA Declared Disasters Across Georgia Counties

Flood
Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$253$3,036
Property Taxes $387$4,644
Electricity $219$2,637
Total$3,387$40,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,125/yr
40% on housing$101,610/yr
45% on housing$90,320/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 5.4%
5.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$292This listing

vs Other Active Listings

Avg $/sqft

ZIP 30316$202
DeKalb County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 30316$233
DeKalb County$171

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-18Listed for sale$500,000
2026-02-01Listing removed$450,000
2025-06-12Listed for sale$450,000

For Sale by Agent

AgentAngela Carpinella
BrokerageKeller Williams Realty

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