Price Reduction - Views - Primary on Main - Eco Friendly
Address
598 Formwalt Street Sw, Atlanta, GA
Price
$ 985,000
Property Attributes
- MLS#7750818
- TypeSingle Family
- Listing Status Active
- CountyFulton
- CityAtlanta
- NeighborhoodMechanicsville
- Zip30312
- StyleCraftsman
- Year Built2025
- Taxes$ 1548
- Price$ 985,000
- Bedrooms8
- Full Bathrooms5
- Half Bathrooms2
- Lot Size0.1837 Acres
Data Source:
First Multiple Listing Services (FMLS)
Property Description
An exceptional investment opportunity awaits in the heart of Atlanta. This stunning modern duplex offers approximately 4,800 square feet of total living space and income-producing potential from day one. With a recent appraisal of $1,210,000, instant equity is built in from the start. No HOA and two thoughtfully designed units offer the kind of flexibility and freedom that is rarely found at this level. Unit A features approximately 2,400 square feet, 4 bedrooms, 3.5 bathrooms, an upper-level primary suite with a spa-inspired ensuite and custom walk-in closet, and a driveway accommodating up to 5 vehicles. Unit B offers approximately 2,400 square feet, 4 bedrooms, 2.5 bathrooms, and a serene primary on the main. Both units feature open concept floor plans with thoughtful design details throughout. Unit B is an active Airbnb rental being sold with all appliances and furniture included, making this a seamless investment from day one. Unit A is equally positioned for rental conversion. Whether you are an investor seeking immediate cash flow, a house hacker looking to live in one unit while generating rental income from the other, or a savvy buyer looking to build wealth through Atlanta's booming short-term rental market, this property was made for you. With the FIFA World Cup coming to Atlanta, demand for short-term rentals in this corridor is only expected to surge. Nestled on a charming cobblestone street minutes from Downtown Atlanta, the BeltLine, Mercedes-Benz Stadium, State Farm Arena, and Interstates I-20, I-75, and I-85, the location is unmatched. Preferred lender incentive available. Stop by and view in person 2-4 p.m. on May 2nd.
| Elementary School | Middle School | High School |
|---|---|---|
| Paul L. Dunbar Elementary School | Martin L. King Jr. Middle School | Maynard Jackson High School |
| Price History | |
|---|---|
| 4/13/2026 | Listed $1,120,000 |
| 5/31/2026 | 6$1,050,000 |
| 7/31/2026 | 6$985,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Natural Gas,Separate Meters,Zoned |
| Cooling | Ceiling Fan(s),Central Air,Multi Units,Zoned |
| Utilities | Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Refrigerator |
| Patio/Porch Features | Covered,Deck,Front Porch |
| Architectural Style | Craftsman |
| Pool Features | None |
| Security Features | Security Service |
| Construction Materials | HardiPlank Type |
| Year Built | 2025 |
| Electric | 110 Volts |
| View | City |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Parcel Number | 14 007600100578 |
| Waterfront Features | None |
| Community Features | Near Beltline,Near Public Transport,Near Schools,Near Shopping,Near Trails/Greenway,Restaurant,Sidewalks |
| Accessibility | None |
| County | Fulton - GA |
| Property Type | Residential |
| HOA | false |
| Energy Efficient | Appliances,Construction,Doors,HVAC,Insulation,Water Heater,Windows |
| Subdivision Name | Mechanicsville |
| Green Energy Generation | None |
| Other Structures | None |
| Full Baths | 5 |
| Status | Active |
| Directions | From I-20, take Exit 56A toward Capitol Avenue SW. Turn onto Capitol Avenue SW and continue south. Turn onto Formwalt Street SW. The property will be on your right. |
| High School | Maynard Jackson |
| City | Atlanta |
| Body of Water | None |
| Spa Features | None |
| Elementary School | Paul L. Dunbar |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Tax Annual Amount | 1548 |
| Home Warranty Y/N | false |
| Middle/Junior High School | Martin L. King Jr. |
| Property Condition | Resale |
| Standard Status | Active |
| Freehold | IDX |
| Corporate Owner | None |
Interior Features
| Interior Amenities | Double Vanity,High Ceilings 10 ft Main,High Ceilings 10 ft Upper,Walk-In Closet(s) |
|---|---|
| Basement | None |
| Flooring | Luxury Vinyl,Tile |
| Fireplace Features | None |
| Common Walls | 1 Common Wall |
| Window Features | Insulated Windows |
| Half Baths | 2 |
| Laundry Features | Laundry Room |
| Total Bedrooms | 8 |
| Room Type | Family Room |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
| Kitchen Features | Cabinets White,Eat-in Kitchen,Kitchen Island,Solid Surface Counters,View to Family Room |
| Total Baths | 7 |
| RoomBedroomFeatures | Master on Main,Roommate Floor Plan |
| Primary Bathroom Features | Double Vanity,Shower Only,Tub/Shower Combo |
| Dining Room Features | Open Concept |
Exterior Features
| Exterior Amenities | Other |
|---|---|
| Fencing | None |
| Parking Features | Driveway |
| Lot Features | Other |
| Water Source | Public |
| Foundation Details | Raised |
| Building Area Total | 4770 |
| Lot Dimensions | x |
| Lot Size Acres | 0.1837 |
| Road Surface Type | Asphalt |
| Lot Size Source | Public Records |
| Road Frontage Type | City Street |
| Other Equipment | None |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 30312
Statistics provided by Inside Real Estate
Price
Taxes
Year Built
©2026 Georgia Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
Northeast Georgia Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
The information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we can not represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and can not be verified. It
