

598 Formwalt Street SWAtlanta, GA 30312
Single Family · 8 Beds · 5 Full Baths · 2 Half Baths · 4,770 Sq. ft. | 0.18 Acres598 Formwalt Street SW Overview
- Time on Site:
- 77 days
- Visits:
- 3
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.
598 Formwalt Street SW Facts & Features
- Type Single Family
- Sq. ft. 4,770
- Price/Sq.ft. $220
- Lot 0.18 Acres
Details
General
Association/HOA
- Association Fee 2: 0
- Association: No
School Information
- Elementary School: Paul L. Dunbar
- Middle Or Junior School: Martin L. King Jr.
- High School: Maynard Jackson
Green Features
- Green Energy Efficient: Appliances, Construction, Doors, HVAC, Insulation, Water Heater, Windows
- Green Energy Generation: None
Building Information
- Year Built: 2025
Location/Region
- County Or Parish: Fulton - GA
- Subdivision Name: Mechanicsville
Community/Development
- Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Sidewalks
- Number Of Units In Community: 2
Rent/Lease Information
- Association Rent Restrictions: No
- Land Lease: No
Tax Information
- Tax Annual Amount: 1548
- Tax Year: 2025
General Information
- Ownership: Fee Simple
- Parcel Number: 14 007600100578
- Property Condition: Resale
- Property Sub Type: Single Family Residence
- Property Type: Residential
Interior
Beds/Baths
- Bathrooms Full: 5
- Bathrooms Half: 2
- Bathrooms Total: 7
- Bedrooms Total: 8
Building Interior
- Building Area Source: Appraiser
- Building Area Total: 4770
General Information
- Accessibility Features: None
- Appliances: Dishwasher, Disposal, Refrigerator
- Basement: None
- Common Walls: 1 Common Wall
- Cooling: Ceiling Fan(s), Central Air, Multi Units, Zoned
- Electric: 110 Volts
- Fireplace Features: None
- Fireplaces Total: 0
- Flooring: Luxury Vinyl, Tile
- Heating: Forced Air, Natural Gas, Separate Meters, Zoned
- Interior Features: Double Vanity, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s)
- Laundry Features: Laundry Room
- Levels: Two
- Main Level Bathrooms: 2
- Main Level Half Bathrooms: 2
- Main Level Bedrooms: 3
- Other Equipment: None
- Security Features: Security Service
- Spa Features: None
- Window Features: Insulated Windows
Room Information
- Bedroom Features: Master on Main,Roommate Floor Plan
Exterior
Parking Information
- Parking Features: Driveway
Lot Information
- Lot Features: Other
- Lot Size Acres: 0.1837
- Lot Size Dimensions: x
- Lot Size Source: Public Records
- Road Surface Type: Asphalt
- Water Source: Public
Waterfront/View
- View: City
- Water Body Name: None
- Waterfront Features: None
Building Exterior/Construction
- Architectural Style: Craftsman
- Construction Materials: HardiPlank Type
- Patio And Porch Features: Covered, Deck, Front Porch
- Property Attached: No
- Roof: Composition
General Information
- Exterior Features: Other
- Fencing: None
- Horse Amenities: None
- Other Structures: None
- Pool Features: None
- Pool Private: No
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
598 Formwalt Street SW Neighborhood
Community
30312 (Atlanta) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.Understanding Mortgage Rates:
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598 Formwalt Street SW Monthly Cost
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Calculate598 Formwalt Street SW Market Data
Based on the last 30 days in this zip code
598 Formwalt Street SW History
| Date | Value | Agent |
|---|---|---|
| 6/2/2026Source: Georgia MLS | Active |
|
| 6/2/2026Source: Georgia MLS | Active |
|
| 5/31/2026Source: Georgia MLS | $1,050,000 -6.2% |
|
| 5/31/2026Source: Georgia MLS | $1,050,000 -6.2% |
|
| 5/31/2026Source: Georgia MLS | Price Change |
|
| 5/31/2026Source: Georgia MLS | Price Change |
|
| 5/31/2026Source: FMLS | $1,050,000 -6.2% |
|
| 5/31/2026Source: FMLS | $1,050,000 -6.2% |
|
| 5/10/2026Source: Georgia MLS | Active |
|
| 5/10/2026Source: Georgia MLS | Active |
|
| 4/27/2026Source: FMLS | Active |
|
| 4/27/2026Source: FMLS | Active |
|
| 4/27/2026Source: Georgia MLS | New |
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| 4/27/2026Source: Georgia MLS | New |
|
| 4/13/2026Source: Georgia MLS | April 13, 2026 |
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| 4/13/2026Source: Georgia MLS | April 13, 2026 |
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| 4/13/2026Source: FMLS | April 13, 2026 |
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| 4/13/2026Source: FMLS | April 13, 2026 |
|
| 10/16/2023Source: FMLS | Closed |
|
| 10/12/2023Source: FMLS | Active |
|
| 10/12/2023Source: Georgia MLS | Sold |
|
| 8/4/2023Source: FMLS | Pending |
|
| 8/4/2023Source: Georgia MLS | Under Contract |
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| 7/26/2023Source: Georgia MLS | July 26, 2023 |
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| 7/24/2023Source: FMLS | July 24, 2023 |