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Active
    • Price cut: $65K (7/31)
    $985,000

    598 Formwalt St SW, Atlanta, GA 30312

    8beds
    --sqft
    : 
    $6,970/mo
    Get pre-qualified
    Single Family Residence
    Built in 2025
    8,015 Square Feet Lot
    $966,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Custom walk-in closet
    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.
    107 days
    |
    222
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chanel James 678-898-4280,

    Watch Realty Co

    Source: GAMLS,MLS#: 10731319MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Family Room, Laundry
      Kitchen
      • Features: Breakfast Area, Kitchen Island, Solid Surface Counters
      Heating
      • Forced Air, Natural Gas, Zoned
      Cooling
      • Ceiling Fan(s), Central Air, Zoned
      Appliances
      • Included: Dishwasher, Disposal, Refrigerator
      • Laundry: Other
      Features
      • Double Vanity, Master On Main Level, Roommate Plan, Walk-In Closet(s)
      • Flooring: Tile, Vinyl
      • Windows: Double Pane Windows
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Other
      • Has view: Yes
      • View description: City
      • Body of water: None
      Lot
      • Size: 8,015 Square Feet
      • Features: Other
      Details
      • Parcel number: 14 007600100578

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Other
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
      Green energy
      • Energy efficient items: Appliances, Doors, Insulation, Water Heater

      Community & HOA

      Community
      • Features: Sidewalks, Near Public Transport, Walk To Schools, Near Shopping
      • Subdivision: Mechanicsville
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Atlanta

      Financial & listing details

      • Tax assessed value: $94,600
      • Annual tax amount: $1,548
      • Date on market: 4/27/2026
      • Cumulative days on market: 107 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        $966,700

        $918,000 - $1.02M

        $3,733/mo

        Price history

        DateEventPrice
        7/31/2026Price change$985,000-6.2%
        Source: FMLS GA #7752154 Report a problem
        5/31/2026Price change$1,050,000-6.3%
        Source: GAMLS #10731319 Report a problem
        4/27/2026Listed for sale$1,120,000-0.4%
        Source: GAMLS #10731335 Report a problem
        3/30/2026Listing removed$1,125,000
        Source: FMLS GA #7695208 Report a problem
        2/12/2026Price change$1,125,000-2.2%
        Source: FMLS GA #7695208 Report a problem
        12/27/2025Listing removed$3,000
        Source: GAMLS #10565972 Report a problem
        12/23/2025Listed for sale$1,150,000+132.3%
        Source: FMLS GA #7695208 Report a problem
        11/2/2025Listed for rent$3,000
        Source: GAMLS #10565972 Report a problem
        11/1/2025Listing removed$3,000
        Source: FMLS GA #7635454 Report a problem
        10/3/2025Listed for rent$3,000
        Source: FMLS GA #7635454 Report a problem
        8/8/2025Listing removed$3,000
        Source: GAMLS #10565972 Report a problem
        7/17/2025Listed for rent$3,000
        Source: GAMLS #10565972 Report a problem
        10/11/2023Sold$495,000+2375%
        Source: FMLS GA #7251101 Report a problem
        5/9/2016Sold$20,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,548 +5.9%$37,840 +5.9%
        2024$1,462 -34.9%$35,720 -49.3%
        2023$2,246 -21.2%$70,400
        2022$2,849 +71%$70,400 +71.2%
        2021$1,666 +22.4%$41,120 +25.1%
        2020$1,361 -5.6%$32,880 +40.3%
        2019$1,442 $23,440 +0.5%
        2018$1,442 $23,320 +191.5%
        2017$1,442 +75.4%$8,000 -28.6%
        2016$822 -39.1%$11,200
        2015$1,350 +165.8%$11,200
        2014$508 $11,200 +91.8%
        2013-- $5,840 +15%
        2012$226 $5,080 -50.6%
        2011-- $10,280 -47.2%
        2010$860 $19,480
        2009-- $19,480 -29.4%
        2008-- $27,600
        2007$167 $27,600 +9.5%
        2005-- $25,200 +1.9%
        2004-- $24,720 +13.6%
        2003$186 $21,760 +25.9%
        2002-- $17,280 +49%
        2001$113 $11,600
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Mechanicsville

        Getting around

        65 / 100
        Somewhat Walkable
        59 / 100
        Good Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dunbar
        • Middle: King
        • High: MH Jackson Jr

        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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