Listing Provided By Chanel James with Watch Realty Co., quiana@quianawatson.com
Active
Price reduced
598 Formwalt Street SW
Atlanta, GA 30312
$950,000
- Beds
- 8
- Baths
- 5 full, 2 half
- Sq ft
- 4,770
- Price per sq ft
- $199
- Year built
- 2025
- Lot
- 0.1837 acres
About this home
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.
- Listed
- Mar 31, 2026
- Updated
- Nov 3, 2026, 11:42 AM ET
- Property type
- Residential, Single Family Residence
- Subdivision
- Mechanicsville
- FMLS #
- 7750818
- County
- Fulton - GA
Interior
- Interior features
- Double Vanity, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s)
- Appliances
- Dishwasher, Disposal, Refrigerator
- Flooring
- Luxury Vinyl, Tile
- Fireplaces
- 0
- Fireplace features
- None
- Basement
- None
- Cooling
- Ceiling Fan(s), Central Air, Multi Units, Zoned
- Heating
- Forced Air, Natural Gas, Separate Meters, Zoned
- Laundry
- Laundry Room
- Kitchen
- Cabinets White, Eat-in Kitchen, Kitchen Island, Solid Surface Counters, View to Family Room
- Primary bathroom
- Double Vanity, Shower Only, Tub/Shower Combo
- Levels
- Two
- Main-level bedrooms
- 3
- Main-level bathrooms
- 2
- Accessibility features
- None
- Windows
- Insulated Windows
Exterior
- Exterior features
- Other
- Patio and porch
- Covered, Deck, Front Porch
- Construction materials
- HardiPlank Type
- Roof
- Composition
- Fencing
- None
- Pool features
- None
- Private pool
- No
- Spa
- None
- View
- City
- Waterfront
- None
- Foundation
- Raised
Lot & parking
- Lot size (acres)
- 0.1837
- Lot dimensions
- x
- Lot features
- Other
- Parking
- Driveway
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Electric
- 110 Volts
- Energy efficiency
- Appliances, Construction, Doors, HVAC, Insulation, Water Heater, Windows
HOA & taxes
- Association
- No
- Annual tax amount
- 1548
- Tax year
- 2025
Schools & community
- Elementary school
- Paul L. Dunbar
- Middle school
- Martin L. King Jr.
- High school
- Maynard Jackson
- Subdivision
- Mechanicsville
- County
- Fulton - GA
- Community features
- Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Sidewalks
Construction
- Architectural style
- Craftsman
- Year built
- 2025
- Property subtype
- Single Family Residence
- Condition
- Resale
- Building area (total)
- 4770
Location
Payment estimate
An estimate by Abbe Real Estate. It is not a loan offer, and it is not information from FMLS.
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Questions about this home?
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