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- Price$1,120,000
- Acres0.18
- Built2025
598 Formwalt Street Sw, Atlanta
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.
Essential Information
- MLS® #10731335
- Price$1,120,000
- Bathrooms0.00
- Acres0.18
- Year Built2025
- TypeResidential Income
- StatusActive
Amenities
- UtilitiesOther
- ParkingOff Street
Exterior
- ConstructionOther
Additional Information
- Days on Market16
- Short SaleYes
Community Information
- Address598 Formwalt Street Sw
- SubdivisionMechanicsville
- CityAtlanta
- CountyFulton
- StateGA
- Zip Code30312
Interior
- HeatingForced Air, Natural Gas, Zoned
- CoolingCeiling Fan(s), Central Air, Zoned
- StoriesTwo
School Information
- ElementaryDunbar
- MiddleKing
- HighMH Jackson Jr
Listing Details
- Listing Provided Courtesy Of Watch Realty Co
Price Change History for 598 Formwalt Street Sw, Atlanta, GA (MLS® #10731335)
| Date | Details | Price | Change |
|---|---|---|---|
| Active | – | – | |
| New (from Coming Soon) | – | – |
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Go Realty Of Georgia & Alabam are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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Copyright 2026 Georgia MLS. All rights reserved.
Listing information last updated on May 13th, 2026 at 6:30pm CDT.