598 Formwalt Street SW Atlanta, GA $ 1,120,000
598 Formwalt Street SW
$ 1,120,000
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598 Formwalt Street SW

Atlanta, GA, 30312
$ 1,120,000
Bedrooms8 Baths5.2 Sq 4,770

Monthly Estimate*

$ 6,896

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Single Family Home for sale in Atlanta, GA

for $1,120,000 with 8 bedrooms and 5 full baths, 2 half baths. This 4,770 square foot home was built in 2025 on a lot size of 0.1837.

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.

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Single Family Coming Soon

Price

$ 1,120,000

Bedrooms

8

Full Bath

5

Half Bath

2

Property Type

Single Family

Taxes

$ 1,548

Style

Craftsman

Lot Size

0.1837

Year Built

2025

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7750818

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas Separate Meters Zoned
Cooling Ceiling Fan(s) Central Air Multi Units Zoned
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available
Roof Composition
Appliances Dishwasher Disposal Refrigerator
Patio/Porch Features Covered Deck Front Porch
Architectural Style Craftsman
Pool Features None
Security Features Security Service
Construction Materials HardiPlank Type
Year Built 2025
Electric 110 Volts
View City
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Parcel Number 14 007600100578
Waterfront Features None
Community Features Near Beltline Near Public Transport Near Schools Near Shopping Near Trails/Greenway Restaurant Sidewalks
Accessibility None
HOA Fee 2 0
County Fulton - GA
Property Type Residential
HOA false
Energy Efficient Appliances Construction Doors HVAC Insulation Water Heater Windows
Subdivision Name Mechanicsville
Green Energy Generation None
Other Structures None
Full Baths 5
Status Coming Soon
Directions From I-20 take Exit 56A toward Capitol Avenue SW. Turn onto Capitol Avenue SW and continue south. Turn onto Formwalt Street SW. The property will be on your right.
High School Maynard Jackson
City Atlanta
Body of Water None
Spa Features None
Elementary School Paul L. Dunbar
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1548
Home Warranty Y/N false
Middle/Junior High School Martin L. King Jr.
Property Condition Resale
Standard Status Coming Soon
Freehold IDX
Corporate Owner None
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Interior
Interior Amenities Double Vanity High Ceilings 10 ft Main High Ceilings 10 ft Upper Walk-In Closet(s)
Basement None
Flooring Luxury Vinyl Tile
Total Fireplaces 0
Fireplace Features None
Common Walls 1 Common Wall
Window Features Insulated Windows
Half Baths 2
Laundry Features Laundry Room
Total Bedrooms 8
Room Type Family Room
Main Level Bedrooms 3
Main Level Bathrooms 2
Kitchen Features Cabinets White Eat-in Kitchen Kitchen Island Solid Surface Counters View to Family Room
Total Baths 7
Primary Bathroom Features Double Vanity Shower Only Tub/Shower Combo
Dining Room Features Open Concept
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Exterior
Exterior Amenities Other
Fencing None
Parking Features Driveway
Lot Features Other
Water Source Public
Foundation Details Raised
Building Area Total 4770
Lot Dimensions x
Lot Size Acres 0.1837
Road Surface Type Asphalt
Lot Size Source Public Records
Road Frontage Type City Street
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
Chanel James

Listing Agent

Watch Realty Co.

Broker

chanel@1luxecollective.com

Email

Affordability Calculator

$7,025
Per Month
98%
2%
0%
Monthly Principal & Interest
$6,896
Monthly Property Taxes
$129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
3420546 Elementary School
3420522 Middle School
Maynard Jackson High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$1,120,000 Listed Price

Map


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598 Formwalt Street SW, Atlanta, GA, 30312 is a Single Family Home for sale at $1,120,000 with 4,770 sqft and a lot size of 0.1837. 598 Formwalt Street SW has 8 bedrooms, 5.2 baths, and was built in 2025. The property's zip code is 30312 which is in Atlanta, GA