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650 Ira St SW
Single Family
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$560,000

$252/sqft

650 Ira St SW, Atlanta

38% below median
6 bd·4 ba·2,226 sqft
Built 20055,001 sqft lotMechanicsville

650 Ira St SW, Atlanta, GA

6 bd · 4 ba · 2,226 sqft Single Family listed at $560,000, built in 2005 in the Mechanicsville neighborhood.

About this home

Turnkey Income-Producing Opportunity in the Heart of Atlanta. Welcome to 650 Ira St SW, a rare 6-bedroom investment property designed for maximum flexibility and income potential. This beautifully maintained home is configured with two fully functional living spaces, making it ideal for short-term rentals (Airbnb), mid-term rentals, house hacking, or multi-generational living. Each level operates almost like its own unit and includes: - 3 bedrooms - Full kitchen with modern appliances - Dedicated laundry area - Spacious living room - Updated bathrooms. The upper level features hardwood floors, an open-concept living area, granite countertops, stainless steel appliances, and abundant natural light, creating an inviting space for guests or tenants. The lower level offers a second full kitchen, living room, bedrooms, and private laundry, making it perfectly suited for separate rental income or extended stays. This setup allows investors to maximize cash flow by renting both levels independently or living in one unit while renting the other. Additional highlights include: - Charming covered front porch - Updated kitchens and bathrooms - Multiple laundry areas - Spacious bedrooms ideal for group rentals - Low-maintenance finishes - Private driveway and yard space. Located just minutes from Downtown Atlanta, Mercedes-Benz Stadium, the BeltLine, Georgia State University, and major highways, the property sits in a rapidly growing area with strong rental demand and excellent appreciation potential. Whether you're looking for a turnkey Airbnb property, a house-hacking opportunity, or a high-yield long-term rental, this property delivers both versatility and strong income potential in one of Atlanta's most convenient locations. Opportunities like this are rare-schedule your showing today.

Property details

Price
$560,000
Bedrooms
6
Bathrooms
4
Interior
2,226 sqft
Price / sqft
$252
Year built
2005
Lot size
5,001 sqft
Type
Single Family
Days on market
52
Est. property tax
$5,152/yr · $429/mo · 0.92% GA avg
Last sold
$555,000 · May 2023

Estimated monthly payment

Down payment20% ($112,000)
Interest rate6.75%
Principal & Interest$2,906
Property Tax$513
Insurance$150
Total$3,569/mo

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Price history

$665K$307K$-50K$35K on Apr 04 (Sold)$235K on Jul 05 (Sold)$13K on Sep 09 (Initial list)$10K on Sep 09 (Initial list)$13K on Oct 09 (Price change)$13K on Dec 09 (Relisted)$11K on Dec 09 (Price change)$11K on Dec 09 (Price change)$11K on Feb 10 (Relisted)$10K on Feb 10 (Price change)$19K on Mar 10 (Sold)$19K on Mar 10 (Sold)$190K on Aug 16 (Initial list)$190K on Aug 16 (Initial list)$190K on Aug 16 (Price change)$190K on Nov 16 (Price change)$460K on Dec 19 (Initial list)$460K on Dec 19 (Initial list)$460K on Dec 19 (Price change)$460K on Feb 20 (Initial list)$460K on Jun 20 (Price change)$450K on Jul 20 (Sold)$605K on Jul 22 (Initial list)$605K on Aug 22 (Initial list)$555K on Feb 23 (Initial list)$555K on Feb 23 (Initial list)$555K on May 23 (Sold)$575K on Apr 25 (Initial list)$575K on Apr 25 (Initial list)$585K on May 25 (Price change)$585K on May 25 (Price change)$450K on Jul 25 (Price change)$585K on Jul 25 (Price change)$605K on Sep 25 (Price change)$605K on Sep 25 (Price change)$450K on Sep 25 (Price change)$575K on Jan 26 (Price change)$560K on Mar 26 (Initial list)
$35K · Apr 04$560K · Mar 26
  1. Mar 5, 2026$560,000Initial list price
  2. Jan 1, 2026$575,000Price change
  3. Sep 16, 2025$449,500Price change
  4. Sep 16, 2025$605,000Price change
  5. Sep 16, 2025$605,000Price change
  6. Jul 25, 2025$584,999Price change
  7. Jul 25, 2025$449,500Price change
  8. May 10, 2025$584,999Price change
  9. May 10, 2025$584,999Price change
  10. Apr 12, 2025$575,000Initial list price
  11. Apr 11, 2025$575,000Initial list price
  12. May 3, 2023$555,000Sold
  13. Feb 10, 2023$555,000Initial list price
  14. Feb 10, 2023$555,000Initial list price
  15. Aug 3, 2022$605,000Initial list price
  16. Jul 29, 2022$605,000Initial list price
  17. Jul 13, 2020$449,900Sold
  18. Jun 15, 2020$459,900Price change
  19. Feb 20, 2020$459,900Initial list price
  20. Dec 28, 2019$459,900Price change
  21. Dec 13, 2019$459,900Initial list price
  22. Dec 13, 2019$459,900Initial list price
  23. Nov 30, 2016$189,900Price change
  24. Aug 24, 2016$189,900Price change
  25. Aug 10, 2016$189,900Initial list price
  26. Aug 10, 2016$189,900Initial list price
  27. Mar 18, 2010$19,100Sold
  28. Mar 8, 2010$19,100Sold
  29. Feb 15, 2010$9,999Price change
  30. Feb 2, 2010$11,000Relisted
  31. Dec 29, 2009$11,000Price change
  32. Dec 28, 2009$11,000Price change
  33. Dec 10, 2009$13,000Relisted
  34. Oct 19, 2009$13,000Price change
  35. Sep 17, 2009$9,999Initial list price
  36. Sep 17, 2009$13,000Initial list price
  37. Jul 27, 2005$235,000Sold
  38. Apr 15, 2004$35,000Sold

Location

This home is located in Atlanta, GA. Browse more Atlanta listings on the Atlanta market page or explore the full Atlanta market report.

About Atlanta: Atlanta is the capital and most populous city of the U.S. state of Georgia. It is the county seat of Fulton County and extends into neighboring DeKalb County. With a population of 498,715 at the 2020 census and an estimated 520,070 in 2024, Atlanta is the eighth-most populous city in the Southeast and the 36th-most populous city in the United States. Atlanta is classified as a Beta+ global city. The Atlanta metropolitan area has an estimated population of over 6.4 million and is the sixth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over 1,000 feet (300 m) above sea level, Atlanta features a unique topography that includes rolling hills, lush greenery, and the densest urban tree coverage of any major city in the United States. (source: Wikipedia)

Climate: Average year-round temperature is 63°F with 206 dry days per year and 48.8 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 30312)

This neighborhood is primarily renter-occupied (36% owner-occupied). Median age is 32.1; 34% hold a bachelor's degree; median household income is $70,540.

Median income
$70,540
Median age
32.1
Owner-occupied
35.9%
Bachelor's degree
33.5%
Census median home value
$452,900

Source: US Census Bureau American Community Survey 5-year estimates.

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