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    • $599,999

    506 Old Wheat St NE, Atlanta, GA 30312

    2beds
    2baths
    --sqft
    : 
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    Duplex, Residential Income
    Built in 1920
    -- sqft lot
    $590,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New deckHardwood floorsDecorative fireplacesStainless steel appliancesGranite countertopsUpdated kitchens and baths
    Lovely renovated and fully occupied duplex in the heart of Old Fourth Ward! Just steps from Krog Street Market, the Atlanta BeltLine Eastside Trail, Edgewood Avenue, and the Martin Luther King Jr. National Historical Park, this unbeatable location offers exceptional walkability. Both units feature spacious 1BR/1BA floor plans with hardwood floors, updated kitchens and baths, granite countertops, stainless steel appliances, 10-foot ceilings, and decorative fireplaces that blend historic charm with modern style. Each unit also includes a separate laundry room with washer and dryer. New deck. A turnkey investment with immediate income and future flexibility for an owner-occupant, short-term rental, or long-term hold.
    45 days
    |
    599
    |
    46
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Witherspoon,

    HomeSmart 678-313-4003

    Source: FMLS GA,MLS#: 7781450MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • Central, Forced Air, Heat Pump, Separate Meters
      Cooling
      • Ceiling Fan(s), Central Air, Separate Meters
      Features
      • Windows: Insulated Windows
      Video & virtual tour

      Property

      Parking
      • Parking features: None
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: No Dock
      • Fencing: None
      • Has view: Yes
      • View description: Neighborhood
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 2,243 Square Feet
      • Features: Corner Lot, Level
      Details
      • Parcel number: 14 004600120540

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Residential Income
      Materials
      • Wood Siding
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Other
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Restaurant, Sidewalks
      • Security: None
      • Subdivision: Old Fourth Ward
      HOA
      • Has HOA: No
      Location
      • Region: Atlanta

      Financial & listing details

      • Tax assessed value: $526,000
      • Annual tax amount: $8,899
      • Date on market: 6/3/2026
      • Cumulative days on market: 45 days
      • Listing terms: 1031 Exchange
      • Electric utility on property: Yes

        Estimated market value

        $590,100

        $561,000 - $620,000

        $2,148/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$599,999+8.1%
        Source: FMLS GA #7781450 Report a problem
        9/13/2024Listing removed$1,850
        Source: Zillow Rentals Report a problem
        7/21/2024Listed for rent$1,850+48%
        Source: Zillow Rentals Report a problem
        11/30/2021Sold$555,000
        Source: FMLS GA #6958032 Report a problem
        10/28/2021Pending sale$555,000
        Source: FMLS GA #6958032 Report a problem
        10/22/2021Contingent$555,000
        Source: FMLS GA #6958032 Report a problem
        10/22/2021Pending sale$555,000
        Source: GAMLS #9067652 Report a problem
        10/15/2021Listed for sale$555,000+25.7%
        Source: FMLS GA #6958032 Report a problem
        8/9/2019Sold$441,500-1.8%
        Source: GAMLS #8625718 Report a problem
        7/25/2019Pending sale$449,500
        Source: PalmerHouse Properties #6588488 Report a problem
        7/19/2019Listed for sale$449,500+72.9%
        Source: PalmerHouse Properties #6588488 Report a problem
        8/8/2017Listing removed$1,250
        Source: Owner Report a problem
        7/31/2017Listed for rent$1,250
        Source: Owner Report a problem
        1/23/2017Sold$260,000-1.9%
        Source: FMLS GA #5794163 Report a problem
        1/19/2017Pending sale$265,000
        Source: NETWORTH REALTY OF ATLANTA LLC #5794163 Report a problem
        1/17/2017Listed for sale$265,000
        Source: NETWORTH REALTY OF ATLANTA LLC #5794163 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,614 +28.3%$210,400
        2023$6,712 +4%$210,400 +31.9%
        2022$6,456 -0.1%$159,520
        2021$6,462 -2.1%$159,520
        2020$6,604 +22.3%$159,520 +44%
        2019$5,398 $110,800 +2.4%
        2018$5,398 $108,200 +95.2%
        2017$5,398 +62.9%$55,440
        2016$3,313 -0.1%$55,440
        2015$3,317 +681.5%$55,440
        2014$424 -30%$55,440 -13%
        2013$606 +1768.8%$63,760 +135.8%
        2012$32 $27,040
        2011-- $27,040 -34.2%
        2010$86 $41,120 -27.5%
        2009-- $56,720
        2008-- $56,720 +12.3%
        2007-- $50,520 +0.1%
        2005-- $50,480 +3.2%
        2004-- $48,920 +3.3%
        2003-- $47,360 +8.8%
        2002-- $43,520 +95.7%
        2001$47 $22,240
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Old Fourth Ward

        Getting around

        96 / 100
        Walker's Paradise
        64 / 100
        Good Transit
        89 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: John Hope-Charles Walter Hill
        • Middle: David T Howard
        • High: Midtown

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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