Listing provided courtesy of Watch Realty CoMLS# 10731319MLS ProviderContact Information: 678-898-4280
  • 77 days on site
  • 0 views

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.

Source: Georgia MLS, MLS#: 10731319

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  • Property Type
    Residential
  • Lot
    0.18 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 598 Formwalt Street SW


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/2/2026Source: Georgia MLS Status Change
Active
6/2/2026Source: Georgia MLS Status Change
Active
5/31/2026Source: Georgia MLS Price Reduction
$1,050,000 -6.2%
5/31/2026Source: Georgia MLS Price Reduction
$1,050,000 -6.2%
5/31/2026Source: Georgia MLS Status Change
Price Change
5/31/2026Source: Georgia MLS Status Change
Price Change
5/31/2026Source: FMLS Price Reduction
$1,050,000 -6.2%
5/31/2026Source: FMLS Price Reduction
$1,050,000 -6.2%
5/10/2026Source: Georgia MLS Status Change
Active
5/10/2026Source: Georgia MLS Status Change
Active
4/27/2026Source: FMLS Status Change
Active
4/27/2026Source: FMLS Status Change
Active
4/27/2026Source: Georgia MLS Status Change
New
4/27/2026Source: Georgia MLS Status Change
New
4/13/2026Source: Georgia MLS Added to Database
April 13, 2026
4/13/2026Source: Georgia MLS Added to Database
April 13, 2026
4/13/2026Source: FMLS Added to Database
April 13, 2026
4/13/2026Source: FMLS Added to Database
April 13, 2026
10/16/2023Source: FMLS Status Change
Closed
10/12/2023Source: FMLS Status Change
Active
10/12/2023Source: Georgia MLS Status Change
Sold
8/4/2023Source: FMLS Status Change
Pending
8/4/2023Source: Georgia MLS Status Change
Under Contract
7/26/2023Source: Georgia MLS Added to Database
July 26, 2023
7/24/2023Source: FMLS Added to Database
July 24, 2023