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About this home
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.
Mechanicsville, located between Downtown Atlanta and the West End, is a historic and residential Atlanta neighborhood with a rail-lined edge and a grid of porch-front streets. The neighborhood’s character concentrates around the Georgia Avenue corridor near the Atlanta University Center, where corner stores, murals, and campus foot traffic set the tempo. Longtime pillars include the historic Pittsburgh Yards creative campus, the Atlanta University Center institutions, and the nearby Mercedes-Benz Stadium event scene. Housing reads as early-20th-century cottages and bungalows alongside newer infill. Sidewalk walks trace toward the BeltLine’s Westside Trail and the industrial blocks around University Avenue. MARTA rail at nearby stations keeps the geography connected to the city’s core.
Provided by Walk Score and Local Logic
Offer insights
598 Formwalt St SW · $950,000
$941K and above
75% chance or better to win
Why $941K+ is a strong offer
DAYS ON MARKET
139 days
The average home goes pending in 46 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Double vanity
High 10-ft ceilings on main and upper levels
Walk-in closets
Insulated windows
1 common wall
Bedrooms
Main level includes 3 bedrooms
Upper level includes 5 bedrooms
Master on main
Roommate floor plan
Bathrooms
5 full bathrooms
2 half bathrooms
2 main-level bathrooms (includes 2 half baths)
3 upper-level full bathrooms
Master bath with double vanity, shower only, and tub/shower combo
Kitchen
White cabinets
Eat-in kitchen
Kitchen island
Solid surface counters
Open view to family room
Dishwasher
Disposal
Refrigerator
Laundry & utility
Laundry room
Flooring
Luxury vinyl
Tile
Heating & cooling
Central air with ceiling fans
Multiple AC units
Zoned cooling
Forced air heating
Natural gas heating
Separate meters
Zoned heating
Exterior features
Covered patio/porch
Deck
Front porch
Other exterior features
Home design
Two levels
Resale property
Fee simple ownership
Raised foundation
Shingle-style composition roof
HardiPlank-type siding
Parking
Driveway
Open parking available
Construction
Built with HardiPlank-type materials
Composition roof
Raised foundation
Utilities
Public water
Public sewer
110-volt electric
Cable available
Electricity available
Natural gas available
Sewer available
Water available
HOA & community
Near Beltline
Near public transport
Near schools
Near shopping
Near trails/greenway
Nearby restaurants
Sidewalks
Financial info
Two-unit community
Electricity and solar
View estimated energy costs and solar savings for this home
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.
FMLS #7752154
Sep 3, 2026
Price Changed
$950,000
$199/sq ft
Jul 31, 2026
Price Changed
$985,000
$206/sq ft
May 31, 2026
Price Changed
$1,050,000
$220/sq ft
Apr 27, 2026
Listed
$1,120,000
$235/sq ft
Apr 13, 2026
Coming Soon
$1,120,000
$235/sq ft
FMLS #7750818
Sep 3, 2026
Price Changed
$950,000
$199/sq ft
Jul 31, 2026
Price Changed
$985,000
$206/sq ft
May 31, 2026
Price Changed
$1,050,000
$220/sq ft
Apr 27, 2026
Listed
$1,120,000
$235/sq ft
Apr 13, 2026
Coming Soon
$1,120,000
$235/sq ft
FMLS #7695208
Mar 30, 2026
Listing Removed
—
Feb 12, 2026
Price Changed
$1,125,000
$236/sq ft
Dec 22, 2025
Listed
$1,150,000
$241/sq ft
GAMLS #10661078
Mar 30, 2026
Listing Removed
—
Feb 12, 2026
Price Changed
$1,125,000
$236/sq ft
Dec 22, 2025
Listed
$1,150,000
$241/sq ft
GAMLS #10565972
Dec 26, 2025
Rental Removed
$3,000
$1/sq ft
Nov 2, 2025
Listed for Rent
$3,000
$1/sq ft
Aug 20, 2025
Rental Removed
$3,000
$1/sq ft
Jul 18, 2025
Listed for Rent
$3,000
$1/sq ft
FMLS #7635454
Nov 1, 2025
Rental Removed
$3,000
$1/sq ft
Aug 21, 2025
Listed for Rent
$3,000
$1/sq ft
FMLS #7251101
Oct 12, 2023
Relisted
—
Oct 11, 2023
Sold
$495,000
$104/sq ft
Aug 4, 2023
Pending
—
Jul 24, 2023
Listed
$495,000
$104/sq ft
GAMLS #10185102
Oct 11, 2023
Sold
$495,000
$104/sq ft
Aug 4, 2023
Pending
—
Jul 24, 2023
Listed
$495,000
$104/sq ft
Public Records
Aug 25, 2016
Sold
$20,000
$4/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,548 (+5.9%)
$25,160 + $12,680
$37,840
2024
$1,462 (−49.3%)
$25,160 + $10,560
$35,720
2023
$2,883 (+1.2%)
$30,200 + $40,200
$70,400
2022
$2,849 (+111.5%)
$30,200 + $40,200
$70,400
2020
$1,347 (+39.9%)
$16,840 + $16,040
$32,880
2019
$963 (−0.2%)
$11,680 + $11,760
$23,440
2018
$965 (+179.4%)
$11,680 + $11,760
$23,440
2017
$346 (−28.8%)
$12,240 + $11,080
$23,320
2016
$485 (−0.2%)
$3,440 + $4,560
$8,000
2015
$486 (−4.1%)
$5,400 + $5,800
$11,200
2014
$507 (+124.6%)
$5,400 + $5,800
$11,200
2012
$226 (−50.6%)
$3,120 + $2,720
$5,840
2011
$457 (−46.9%)
$3,000 + $2,080
$5,080
2010
$860
$9,080 + $10,400
$19,480
2009
$860
$9,080 + $10,400
$19,480
2008
$860
$9,080 + $10,400
$19,480
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
8,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,936
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,936
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Fulton County
APN
14 007600100578
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 13, 2026.
SPI-18 SA6
Mechanicsville Neighborhood Special Public Interest District - Subarea 6: Two-Family
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:
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational/school
Park & open space
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
5/10 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
92
75
84
70
84
68
76
57
67
50
57
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 598 Formwalt St SW
$882,535
$67K under list price of $950K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $287K to $565K.