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Listed by Chanel James with Watch Realty Co. 404-630-2616
8 Beds
7 Baths
4,770 sqft

$950,000

598 Formwalt Street SW, Atlanta GA, 30312

Price per sqft$199.16
Built in2025
Property size4,770 sqft
Property typeResidential

Overview

Active

Listed Mar 31, 2026

Updated 12 days ago

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.

$6,320/mo

Est. mortgage payment based on a $950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7750818

Interior Features

Bedrooms
8
Bathrooms
7
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$1,548
Tax Frequency
Annually
Secondary Association Fee
Not Listed
View
Yes
MLS provider logo

Listed by Chanel James with Watch Realty Co. 404-630-2616

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Data is refreshed every 3 hours. Listing last updated 3:18 AM UTC on 9/4/2026. 

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