598 Formwalt Street Sw, Atlanta, GA, 30312

Price Reduction - Views - Primary on Main - Eco Friendly

Address

598 Formwalt Street Sw, Atlanta, GA

Listing Type

Active

Price

$ 950,000

Property Attributes

MLS#7750818
TypeSingle Family
Listing Status Active
CountyFulton
CityAtlanta
NeighborhoodMechanicsville
Zip30312
StyleCraftsman
Year Built2025
Taxes$ 1548
Price$ 950,000
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
9/3/2026	4$950,000

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