Views - Primary on Main - Eco Friendly
Address
598 Formwalt Street Sw, Atlanta, GA
Price
$ 1,050,000
Property Attributes
  • MLS#10731319
  • TypeSingle Family
  • Listing Status Active
  • CountyFulton
  • CityAtlanta
  • NeighborhoodMechanicsville
  • Zip30312
  • StyleCraftsman
  • Year Built2025
  • Taxes$ 1548
  • Price$ 1,050,000
  • Bedrooms8
  • Full Bathrooms5
  • Half Bathrooms2
  • Lot Size0.184 Acres
Data Source:
Georgia MLS (GAMLS)
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
Dunbar Elementary School King Middle School MH Jackson Jr High School
Price History
4/13/2026 Listed $1,120,000
5/31/2026 6$1,050,000

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas,Zoned
Cooling Ceiling Fan(s),Central Air,Zoned
Utilities Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
Roof Composition
Appliances Dishwasher,Disposal,Refrigerator
Association Fee Includes None
Patio/Porch Features Deck
Architectural Style Craftsman
Construction Materials Other
Year Built 2025
View City
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Community Features Sidewalks,Near Public Transport,Walk To Schools,Near Shopping
County Fulton
New Construction false
Property Type Residential
HOA false
Attached Garage false
Energy Efficient Appliances,Doors,Insulation,Water Heater
Subdivision Name Mechanicsville
Garage Y/N false
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 MH Jackson Jr
City Atlanta
Body of Water None
Lot Size Units Square Feet
Lot Size Square Feet 8015.04
Carport Y/N false
Elementary School Dunbar
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 1548
Home Warranty Y/N false
Middle/Junior High School King
Property Condition Resale
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Double Vanity,Master On Main Level,Roommate Plan,Walk-In Closet(s)
Basement None
Flooring Tile,Vinyl
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Half Baths 2
Laundry Features Other
Total Bedrooms 8
Main Level Bedrooms 3
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Appraiser
Above Grade Finished Area Unit Type Square Feet
Kitchen Features Breakfast Area,Kitchen Island,Solid Surface Counters
Total Baths 7

Exterior Features

Exterior Amenities Other
Parking Features Off Street
Lot Features Other
Water Source Public
Lot Size Area 8015.04
Lot Size Acres 0.184
Lot Size Source Public Records

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

Price
AVG $820K
$1.05M
Taxes
AVG $8,243
$1,548
Year Built
AVG 1963
2025

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