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598 Formwalt Street SW

Atlanta, GA 30312
  • $950,000
  • STATUS: Active
  • ON SITE: 151 Days
  • MLS #: 7752154
Price Reduced
UPDATED: 54 min ago
$950,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2025
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Data last updated 2026-09-12T16:04:50.99. For issues regarding this website, please contact BoomTown.
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598 Formwalt Street SW Atlanta, GA 30312

  • Price: $950,000
  • Status: Active
  • On Site: 151 Days
  • Updated: 54 min ago
  • MLS #: 7752154
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2025
Built
Neighborhood:
Mechanicsville
County:
Fulton - Ga
Area:
Fulton - Ga
Elementary School:
Paul L. Dunbar
Middle School:
Martin L. King Jr.
High School:
Maynard Jackson
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.
Exterior Features

Construction Materials HardiPlank Type Fencing None Lot Features Other Parking Features Driveway Pool Private YN No Roof Type Composition Stories Two View City Waterfront Features None Window Features Insulated Windows

Interior Features

Cooling Ceiling Fan(s)Central AirMulti UnitsZoned Flooring Luxury VinylTile Heating Forced AirNatural GasSeparate MetersZoned

Property Features

Accessibility Features None Association YN No Community Features Near BeltlineNear Public TransportNear SchoolsNear ShoppingNear Trails/GreenwayRestaurantSidewalks Green Energy Efficient AppliancesConstructionDoorsHVACInsulationWater HeaterWindows Green Energy Generation None Home Warranty No Lot Size Dimensions x Number Of Units Total 2 Property Attached YN No Property Condition Resale Security Features Security Service Sewer Public Sewer Special Circumstances None Tax Year 2025 Taxes 1548 Type Duplex Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public

Listing provided courtesy of Watch Realty Co.: quiana@quianawatson.com.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Data last updated 2026-09-12T16:04:50.99. For issues regarding this website, please contact BoomTown.
 
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