Skip To Content

598 Formwalt Street SW

Atlanta, GA 30312
  • $1,050,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 10731335
Short Sale
UPDATED: 25 min ago
$1,050,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2025
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

Monthly Payment Calculator



Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2026-06-10T20:13:01.933.
www.c21novusrettrogroup.com/homes/175138050
Print Image

598 Formwalt Street SW Atlanta, GA 30312

  • Price: $1,050,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 25 min ago
  • MLS #: 10731335
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2025
Built
Neighborhood:
Mechanicsville
County:
Fulton
Area:
ATLANTA
Elementary School:
Dunbar
Middle School:
King
High School:
Mh Jackson Jr
Property Description
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Other Garage YN No Levels Two Lot Size Area 8015.04 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Off Street Parking Total 0

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Ceiling Fan(s)Central AirZoned Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Forced AirNatural GasZoned Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features SidewalksNear Public TransportWalk To SchoolsNear Shopping Green Energy Efficient AppliancesDoorsInsulationWater Heater Gross Income 0 New Construction YN No Property Condition Resale Property Sub Type Multi FamilyDuplex Sewer Public Sewer Special Listing Conditions Short Sale Structure Type Duplex Tax Annual Amount 1548 Tax Year 2025 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Watch Realty Co: 404-630-2616. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Rettro Group | Century 21 Novus are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Rettro Group | Century 21 Novus. Data last updated: 2026-06-10T20:13:01.933.
 
https://bt-photos.global.ssl.fastly.net/gamls/orig_boomver_1_10731335-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/orig_boomver_1_10731335-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/orig_boomver_1_10731335-2.jpg
Logo
Rettro Group | Century 21 Novus
537 Newnan Road
Carrollton GA, 30117