598 Formwalt Street Sw, Atlanta, GA 30312
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
598 Formwalt Street Sw,Atlanta, GA 30312
$1,120,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: chanel james
Office: watch realty co.
MLS#:7752154
Source:FIRSTMLS
Price summary
- Price:$1,120,000
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....
Contact an agent
Home facts
- Year built:2025
- Listing ID #:7752154
- Updated:April 14, 2026 at 03:45 AM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Zoned
- Heating:Forced Air, Natural Gas, Separate Meters, Zoned
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2025
- Construction Materials:HardiPlank Type
- Levels:2 Story
Schools
- High school:Maynard Jackson
- Middle school:Martin L. King Jr.
- Elementary school:Paul L. Dunbar
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,120,000
- Tax amount:$1,548 (2025)
Parking
- Parking description:Driveway
New listings near 598 Formwalt Street Sw
- New
$194,900Active1 beds 1 baths581 sq. ft.120 Ralph Mcgill Boulevard Ne #710, Atlanta, GA 30308
MLS# 7748145Listed by: PRO REALTY, LLC - New
$168,000Active1 beds 1 baths675 sq. ft.5400 Roswell Road #G5, Atlanta, GA 30342
MLS# 7751467Listed by: SOUTHERN CHARM REAL ESTATE SERVICES - Coming Soon
$1,575,000Coming Soon5 beds 7 baths2605 Red Valley Road Nw, Atlanta, GA 30305
MLS# 7752077Listed by: HOME LUXURY REAL ESTATE - New
$69,900Active4 beds 4 baths2,790 sq. ft.4868 Hannah Road, Atlanta, GA 30349
MLS# 7752249Listed by: GENSTONE LL LLC - New
$450,000Active6 beds 3 baths2,542 sq. ft.2328 Lakewood Avenue, Atlanta, GA 30315
MLS# 7752298Listed by: LPT REALTY, LLC - New
$341,900Active3 beds 4 baths1,326 sq. ft.1488 Liberty Parkway Nw, Atlanta, GA 30318
MLS# 10731465Listed by: Jack Davis Realty - New
$114,900Active3 beds 2 baths1,680 sq. ft.2324 Nelms Drive Sw, Atlanta, GA 30315
MLS# 10731467Listed by: Southern Classic Realtors - Coming Soon
$180,000Coming Soon3 beds 2 baths419 Holly Drive Se, Atlanta, GA 30354
MLS# 10731312Listed by: Sold Not Just Listed Real Estate - Coming Soon
$1,120,000Coming Soon-- beds -- baths598 Formwalt Street Sw, Atlanta, GA 30312
MLS# 10731335Listed by: Watch Realty Co - New
$1,160,000Active4 beds 2 baths2,890 sq. ft.479 Seminole Avenue, Atlanta, GA 30307
MLS# 10731339Listed by: Keller Williams Realty