BANK OWNED 8 UNIT ALL BRICK COMPLEX, 7 of the 8 units are OCCUPIED LOCATED ON QUIET STREET. 4 UNITS ON MAIN LEVEL, 4 UNITS ON SECOND LEVEL. SOLD AS IS. Seller is Motivated! Send an offer after viewing
1968Year Built
0.33 acresLot Size
Listed by RAYMOND SANS• AUSTIN BROKERS INC
Bought with JO KENNEY• Keller Williams Realty Metro Atlanta
Source:FMLS #4260340
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BANK OWNED 8 UNIT COMPLEX ALL BRICK 7 OF THE 8 UNITS ARE OCCUPIED. ONE IS VACANT AND ON LOCK BOX. SEE OWNERS NAME FOR CODE MOTIVATED SELLER< SUBMIT OFFER WITH PROOF OF FUNDS AFTER
FMLS #4260340
May 7, 2012
Listing Removed
—
Apr 23, 2012
Sold
$97,000
Apr 12, 2012
Pending
—
Mar 25, 2012
Price Changed
$109,000
Mar 5, 2012
Relisted
—
Feb 20, 2012
Pending
—
Oct 12, 2011
Price Changed
$129,000
Sep 6, 2011
Relisted
—
Aug 31, 2011
Pending
—
Aug 11, 2011
Listed
$149,000
Public Records
Mar 27, 2007
Sold
$350,000
Public Records
Feb 15, 2001
Sold
$222,222
Year
Property tax
Land + Additions
Assessment*
2025
$21,214 (+287.7%)
$60,000 + $458,560
$518,560
2024
$5,471
$60,000 + $73,640
$133,640
2023
$5,473 (+1.2%)
$60,000 + $73,640
$133,640
2022
$5,408 (−1.2%)
$60,000 + $73,640
$133,640
2020
$5,475 (−0.3%)
$60,000 + $73,640
$133,640
2019
$5,491 (+18.6%)
$60,000 + $73,640
$133,640
2018
$4,629 (−4.1%)
$60,000 + $73,640
$133,640
2017
$4,829 (+187.6%)
$60,000 + $51,800
$111,800
2016
$1,679 (−0.2%)
$60,000 + $51,800
$111,800
2015
$1,683 (−4.3%)
$20,820 + $17,960
$38,780
2014
$1,758 (−64.6%)
$20,820 + $17,960
$38,780
2012
$4,967 (−3.3%)
$20,820 + $17,960
$38,780
2011
$5,137 (+0.6%)
$60,000 + $51,800
$111,800
2010
$5,105 (−6.0%)
$60,000 + $55,600
$115,600
2009
$5,431
$60,000 + $84,680
$144,680
2008
$5,431
$60,000 + $84,680
$144,680
Tax history for 453 Formwalt St SW
Year
Property tax
Land + Additions
Assessment*
2025
$21,214 (+287.7%)
$60,000 + $458,560
$518,560
2024
$5,471
$60,000 + $73,640
$133,640
2023
$5,473 (+1.2%)
$60,000 + $73,640
$133,640
2022
$5,408 (−1.2%)
$60,000 + $73,640
$133,640
2020
$5,475 (−0.3%)
$60,000 + $73,640
$133,640
2019
$5,491 (+18.6%)
$60,000 + $73,640
$133,640
2018
$4,629 (−4.1%)
$60,000 + $73,640
$133,640
2017
$4,829 (+187.6%)
$60,000 + $51,800
$111,800
2016
$1,679 (−0.2%)
$60,000 + $51,800
$111,800
2015
$1,683 (−4.3%)
$20,820 + $17,960
$38,780
2014
$1,758 (−64.6%)
$20,820 + $17,960
$38,780
2012
$4,967 (−3.3%)
$20,820 + $17,960
$38,780
2011
$5,137 (+0.6%)
$60,000 + $51,800
$111,800
2010
$5,105 (−6.0%)
$60,000 + $55,600
$115,600
2009
$5,431
$60,000 + $84,680
$144,680
2008
$5,431
$60,000 + $84,680
$144,680
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
8,000 Sq. Ft.
Year renovated
2011
Sq. Ft.
5,980
Year built
1968
Style
Multi-Family (5+ Unit)
County
Fulton County
APN
14 007600040790
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
SPI-18 SA1
Mechanicsville Neighborhood Special Public Interest District - Subarea 1: Mechanicsville Mixed-Use
The intent of the council in establishing SPI-18 Mechanicsville Neighborhood Special Public Interest District as a zoning district is as follows: Create a diversified city where people across the spectrum of age, income, ethnicity, and culture can live, work, shop, meet, and play; Improve the aesthetics of streets and the built environment; Ensure through the administration of specific standards and criteria that new housing achieve architectural, site and street design consistent with the existing historic built environment. Protect the historic character of the single-family residential areas; Facilitate safe, pleasant, and convenient sidewalk-level pedestrian circulation that minimizes impediments by vehicles; Promote public safety through the provision of pedestrian-oriented street-level uses, sufficient sidewalk widths, adequate visibility from adjacent buildings and primary pedestrian access from buildings to adjacent sidewalks; Ensure pedestrian-oriented building forms which are compatible with the scale, character and needs of the neighborhood; Encourage a grid of connected streets to improve access and reduce congestion: Facilitate safe and convenient bicycle usage; Encourage a compatible mixture of residential, commercial, cultural and recreational uses; Promote an appropriate balance and scale of commercial uses which meet the needs of nearby residents; Encourage infill and rehabilitation development within traditionally commercial areas that include proportionately significant residential uses; Place reasonable controls on the development of larger scale highway-oriented retail, service, office and dining uses which are intended to serve larger areas of the city than a single neighborhood or a small group of neighborhoods; Encourage owner occupancy and retention of single-family residential structures compatible with the character of the Mechanicsville residential neighborhood while permitting two-family and multi-family housing in appropriate locations; Provide a range of housing types and prices to meet different housing needs; Prevent encroachment of incompatible commercial uses and minimize commercial parking in residential subareas; Provide accessible and sufficient parking in an unobtrusive manner; Reduce parking requirements by encouraging shared parking and alternative modes of transportation; Provide sufficient, safe and accessible parks, plazas and greenways for active and passive enjoyment; and Improve the quality of air and water through provisions for the planting of trees, bicycle parking and an urban form that reduces the need to drive.
Permitted uses
Include but are not limited to:
Gas station
Bank
Day care facility
Laundromat
General retail
Retail-Grocery
Restaurant
Housing-Single unit
Housing-Multiple units
Office
Property details
Parking
Parking Information
Parking Features: Driveway, Level Driveway
Open Parking: Yes
Interior
Virtual Tour
Multi-Family Information
# Of Units Total: 8
Exterior
Property Information
Construction Materials: Brick 4 Sides
Roof: Other
Fencing: Fenced
Property Condition: Resale
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Heating: Other
Water Source: Other
Sewer: Other
Location
School Information
Elementary School: Fulton - Other
Middle Or Junior School: Martin L. King Jr.
High School: Maynard Jackson
Location Information
Directions: I-75S FROM ATLANTA, EXIT 246 FULTON ST (TURNER FIELD) RIGHT TO FORMWALT ST ON RIGHT, 2ND COMPLEX ON LEFT
Fulton
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 5,980
Stories: —
Lot Size: 8,000 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1968
Year Renovated: 2011
County: Fulton County
APN: 14 007600040790
Home facts updated by county records on Oct 9, 2026
Around this home
Schools
Dunbar Elementary School
Public PreK-5 • Assigned • 0.3mi
4/10
King Middle School
Public 6-8 • Assigned • 0.9mi
5/10
Maynard H. Jackson- Jr. High School
Public 9-12 • Assigned • 2.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 18 days in 30 years
4/10 Wind Factor
22% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Atlanta, GA • 30312
Average low and high temperatures (°F)
51
34
61
42
72
50
78
57
79
63
87
70
91
75
84
70
85
68
76
57
67
50
57
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.