Recently Listed New Construction 598 Formwalt Street SW
Atlanta, GA, 30312 $ 1,150,000
Baths0.0 Monthly Estimate*
$ 7,175
Studio for $1,150,000. This home was built in 2025 on a lot size of 0.184.
Welcome to 598 Formwalt Street-a newly constructed, modern duplex featuring a combined 4800 sq. ft. of total living space. Both units boast light and airy, open concept floor plans and beautiful design touches throughout. Unit A has 2400 square feet, 4 bedrooms, 3.5 bathrooms, a gorgeous (upper level) master with a spa-like ensuite and custom walk-in closet. The COVETED driveway, that can accommodate up to 5 cars, is simply icing on the cake. Unit B, also 2400 square feet, has 4 bedrooms, 2.5 baths, and a secluded, peaceful master on the main. Just steps from the best that ATL has to offer, 598 Formwalt is nestled in the heart of Atlanta on a quaint, cobblestone street. Minutes from Downtown, the BeltLine, Mercedes-Benz Stadium, State Farm Arena, GA State Stadium (formerly Turner Field), Interstates I-20, I-75, and I-85, it is the ideal location if you are an investor looking to add an income-generating property to your portfolio. Unit B is a fully functioning, 5-STAR reviewed AirBnb and is being sold with all appliances and furniture included-making this a seamless transition and sound investment opportunity. Unit A, also being sold with all appliances included, is equally ready to be converted to an AirBnb as well. Or, if you are an owner occupant whose heart's desire is to live/work in close proximity to Atlanta's bustling city life, while producing rental income, this is the perfect property for you as well. Live in one unit; generate up to $3700 in rental income with the other. Whichever category you fall into, you can't go wrong. So schedule your tour of this gorgeous duplex today!
See more
FeaturesGeneralSewer Public Sewer
Heating Electric Forced Air Zoned
Cooling Central Air Electric Zoned
Utilities Electricity Individual Meters Sewer Connected
HOA Fee 0
Association Fee Includes None
Construction Materials Press Board
Year Built 2025
Levels Two
Property Subtype Multi Family Duplex
Tax Year 2025
Gross Income 0
Community Features Sidewalks Street Lights Near Public Transport Walk To Schools Near Shopping
County Fulton
New Construction Y
Property Type Residential Income
HOA N
Attached Garage N
Energy Efficient Appliances Doors Insulation Roof Thermostat Water Heater
MaintenanceExpense 0
Subdivision Name Mechanicsville
Garage Y/N N
Status New
Directions GPS
High School MH Jackson Jr
City Atlanta
Body of Water None
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 8015.04
Carport Y/N N
Elementary School Dunbar
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1548
Electric Expense 0
Home Warranty Y/N N
Fuel Expense 0
Middle/Junior High School King
Property Condition New Construction
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
See more
InteriorBasement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
See more
ExteriorParking Features Off Street Parking Pad
Water Source Public
Total Parking 5
Lot Size Area 8015.04
Foundation Details Slab
Spa N
Lot Size Acres 0.184
Lot Size Source Public Records
Waterfront Y/N N
Horse Y/N N
See more
* Excluded FeaturesList ByNoble Realty Partners, LlcBroker
karimah.noble@noblerealtypartnersllc.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,175
- Monthly Property Taxes
- $129
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Atlanta, GA
Average List Price $672,361
Percent of Sale Price 42%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4133924 Elementary School
4133453 Middle School
MH Jackson Jr High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/23/2025 | $1,150,000 | | Listed Price |