LKV Realty
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$985,000
598 Formwalt Street SW, Atlanta, GA 30312Listing ID 7752154

598 Formwalt Street SW, Atlanta, GA 30312

Active
Mechanicsville
Time on site: 139 daysLast updated: Jul 31, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Acres
Acres
0.18
Days on Site
Days on Site
111
Cooling
Cooling
Ceiling Fan(s), Central Air, Multi Units, Zoned
Heating
Heating
Forced Air, Natural Gas, Separate Meters, Zoned
Year Built
Year Built
2025
Parking
Parking
Driveway

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.

Property Information

Property Details

Location

Address
598 Formwalt Street SW
County
Fulton - GA
City
Atlanta
Zip Code
30312
Subdivision
Mechanicsville
High School
Maynard Jackson
Elementary School
Paul L. Dunbar
Watch Realty Co., (404) 630-2616

Interior Features

Heating and Cooling

Cooling
Ceiling Fan(s), Central Air, Multi Units, Zoned
Heating
Forced Air, Natural Gas, Separate Meters, Zoned

Building

Building Information

Year Built
2025
Construction
HardiPlank Type
Roof
Composition
Condition
Resale

Property Taxes

Tax Annual Amount
$1,548
Tax Year
2025

Market Report for 30312

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: First Multiple Listing Service
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For corrections to this data please contact Brytecore MLS Support.

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