ovely 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. Each of the 2 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.
Active
$580,000
506 Old Wheat St NE, Atlanta, GA 30312
--beds
--baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$570,600 Zestimate®
$--/sqft
$-- HOA
What's special
New deckHardwood floorsDecorative fireplacesStainless steel appliancesGranite countertopsUpdated kitchens and baths
- 42 days
- 265
- 40
Zillow last checked:
Listing updated:
Listed by:
Tracy Witherspoon 678-313-4003,
HomeSmart
Source: GAMLS,MLS#: 10846808
Facts & features
Interior
Heating
- Forced Air, Heat Pump, Natural Gas
Cooling
- Central Air
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 2,221 Square Feet
Details
- Parcel number: 14 004600120540
- Special conditions: Investor Owned,Rental
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Wood Siding
Condition
- Resale
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Billing Prorated
Community & HOA
Community
- Features: Park, Sidewalks, Near Public Transport, Walk To Schools, Near Shopping
- Subdivision: Old Fourth Ward
HOA
- Has HOA: No
- Services included: None
Location
- Region: Atlanta
Financial & listing details
- Tax assessed value: $543,800
- Annual tax amount: $8,613
- Date on market: 9/10/2026
- Cumulative days on market: 42 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange
Estimated market value
$570,600
$542,000 - $599,000
$2,528/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2026 | Price change | $1,575-7.4% |
Source: Zillow Rentals Report a problem | ||
| 9/10/2026 | Listed for sale | $580,000-3.3% |
Source:  FMLS GA #7835616 Report a problem | ||
| 9/8/2026 | Price change | $1,700-8.1% |
Source: Zillow Rentals Report a problem | ||
| 8/31/2026 | Listing removed | $599,999 |
Source:  GAMLS #10778601 Report a problem | ||
| 8/30/2026 | Listed for rent | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 6/4/2026 | Listed for sale | $599,999+8.1% |
Source: FMLS GA #7781450 Report a problem | ||
| 9/13/2024 | Listing removed | $1,850 |
Source: Zillow Rentals Report a problem | ||
| 7/21/2024 | Listed for rent | $1,850+48% |
Source: Zillow Rentals Report a problem | ||
| 11/30/2021 | Sold | $555,000 |
Source: FMLS GA #6958032 Report a problem | ||
| 10/28/2021 | Pending sale | $555,000 |
Source: FMLS GA #6958032 Report a problem | ||
| 10/22/2021 | Contingent | $555,000 |
Source: FMLS GA #6958032 Report a problem | ||
| 10/22/2021 | Pending sale | $555,000 |
Source: GAMLS #9067652 Report a problem | ||
| 10/15/2021 | Listed for sale | $555,000+25.7% |
Source: FMLS GA #6958032 Report a problem | ||
| 8/9/2019 | Sold | $441,500-1.8% |
Source:  GAMLS #8625718 Report a problem | ||
| 7/25/2019 | Pending sale | $449,500 |
Source: PalmerHouse Properties #6588488 Report a problem | ||
| 7/19/2019 | Listed for sale | $449,500+72.9% |
Source: PalmerHouse Properties #6588488 Report a problem | ||
| 8/8/2017 | Listing removed | $1,250 |
Source: Owner Report a problem | ||
| 7/31/2017 | Listed for rent | $1,250 |
Source: Owner Report a problem | ||
| 1/23/2017 | Sold | $260,000-1.9% |
Source:  FMLS GA #5794163 Report a problem | ||
| 1/19/2017 | Pending sale | $265,000 |
Source: NETWORTH REALTY OF ATLANTA LLC #5794163 Report a problem | ||
| 1/17/2017 | Listed for sale | $265,000 |
Source: NETWORTH REALTY OF ATLANTA LLC #5794163 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,899 +3.3% | $217,520 +3.4% |
| 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
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Neighborhood: Old Fourth Ward
Nearby schools
Schools provided by the listing agent
- Elementary: Hope Hill
- Middle: David T Howard
- High: Midtown
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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