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$950,000

Listing Price

8beds

6baths

4,770sqft

8,001sqft lot

598 Formwalt Street Sw, Atlanta, GA 30312

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Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

84.25

Price / sqft

1920

Year built

Home Details

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, Stat

Interior Details

Square Feet
  • 4770

Bedrooms
  • 8

Bathrooms
  • 6

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 8001

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Duplex Single

Exterior
  • Wood

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$1,346

$16,840

$16,040

--%

$32,880

2019

$963

$11,680

$11,760

--%

$23,440

2018

$965

$12,240

$11,080

--%

$23,320

2017

$345

$3,440

$4,560

--%

$8,000

2016

$484

$5,400

$5,800

--%

$11,200

2014

$507

$5,400

$5,800

--%

$11,200

2012

$225

$3,120

$2,720

--%

$5,840

2011

$456

$4,040

$6,240

--%

$10,280

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Average Home Price in 30312

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$950,000

8 Beds

6 Baths

4,770 Sqft

8,001 Lot (sqft)

Sold 10/13/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
950,000
$
Down payment
190,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,700
$
HOA (Monthly)
0
$
PMI
0
$
$6,150
Your Payment
Total Monthly Payment:$6,150
Percent of Income:105%
Affordable:No

Details for 598 FORMWALT ST SW

Property Debt

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