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.
Active
$1,120,000
598 Formwalt St SW, Atlanta, GA 30312
8beds
4,770sqft
Est.:
Single Family Residence, Residential
Built in 2025
8,001.97 Square Feet Lot
$1,111,000 Zestimate®
$235/sqft
$-- HOA
What's special
Custom walk-in closet
- 17 days |
- 322 |
- 22 |
Zillow last checked:
Listing updated:
Listing Provided by:
Chanel James,
Watch Realty Co. quiana@quianawatson.com
Source: FMLS GA,MLS#: 7750818
Tour with a local agent
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
Primary bedroom
- Features: Master on Main, Roommate Floor Plan
- Level: Master on Main, Roommate Floor Plan
Bedroom
- Features: Master on Main, Roommate Floor Plan
Primary bathroom
- Features: Double Vanity, Shower Only, Tub/Shower Combo
Dining room
- Features: Open Concept
Kitchen
- Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Solid Surface Counters, View to Family Room
Heating
- Forced Air, Natural Gas, Separate Meters, Zoned
Cooling
- Ceiling Fan(s), Central Air, Multi Units, Zoned
Appliances
- Included: Dishwasher, Disposal, Refrigerator
- Laundry: Laundry Room
Features
- Double Vanity, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s)
- Flooring: Luxury Vinyl, Tile
- Windows: Insulated Windows
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,770
- Total interior livable area: 4,770 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Other
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 8,001.97 Square Feet
- Features: Other
Details
- Additional structures: None
- Parcel number: 14 007600100578
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence, Residential
Materials
- HardiPlank Type
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2025
Utilities & green energy
- Electric: 110 Volts
- 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, Construction, Doors, HVAC, Insulation, Water Heater, Windows
- Energy generation: None
Community & HOA
Community
- Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Sidewalks
- Security: Security Service
- Subdivision: Mechanicsville
HOA
- Has HOA: No
Location
- Region: Atlanta
Financial & listing details
- Price per square foot: $235/sqft
- Tax assessed value: $89,300
- Annual tax amount: $1,548
- Date on market: 4/27/2026
- Cumulative days on market: 17 days
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$1,111,000
$1.06M - $1.17M
$3,773/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Listed for sale | $1,120,000-0.4%$235/sqft |
Source:  GAMLS #10731335 Report a problem | ||
| 3/30/2026 | Listing removed | $1,125,000$236/sqft |
Source:  FMLS GA #7695208 Report a problem | ||
| 2/12/2026 | Price change | $1,125,000-2.2%$236/sqft |
Source: FMLS GA #7695208 Report a problem | ||
| 12/27/2025 | Listing removed | $3,000$1/sqft |
Source: GAMLS #10565972 Report a problem | ||
| 12/23/2025 | Listed for sale | $1,150,000+132.3%$241/sqft |
Source: FMLS GA #7695208 Report a problem | ||
| 11/2/2025 | Listed for rent | $3,000$1/sqft |
Source: GAMLS #10565972 Report a problem | ||
| 11/1/2025 | Listing removed | $3,000$1/sqft |
Source: FMLS GA #7635454 Report a problem | ||
| 10/3/2025 | Listed for rent | $3,000$1/sqft |
Source: FMLS GA #7635454 Report a problem | ||
| 8/8/2025 | Listing removed | $3,000$1/sqft |
Source: GAMLS #10565972 Report a problem | ||
| 7/17/2025 | Listed for rent | $3,000$1/sqft |
Source: GAMLS #10565972 Report a problem | ||
| 10/11/2023 | Sold | $495,000+2375%$104/sqft |
Source: FMLS GA #7251101 Report a problem | ||
| 5/9/2016 | Sold | $20,000$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | $11,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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: Mechanicsville
Nearby schools
GreatSchools rating
- 4/10Dunbar Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10King Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Maynard H. Jackson- Jr. High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Paul L. Dunbar
- Middle: Martin L. King Jr.
- High: Maynard Jackson
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Fulton County
- Atlanta
- 30312
- Mechanicsville
- 598 Formwalt St SW
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