598 Formwalt Street SW, Atlanta, GA 30312

Property Description

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.

Listing Status:

Active

Date Added:

April 27, 2026

Data Last Updated:

August 21, 2026 at 12:07PM

Listing Office:

Watch Realty Co. : 404-630-2616

Listing Agent:

Chanel James : 678-898-4280

Contact:

quiana@quianawatson.com

MLS ID:

7752154

Interior

• Flooring: Luxury VinylTile
• A/C: Ceiling Fan(s)Central AirMulti UnitsZoned
• Heating: Forced AirNatural GasSeparate MetersZoned
• Disability Feature: None
• Eco/Green Feature: AppliancesConstructionDoorsHVACInsulationWater HeaterWindowsNone

Exterior

• Parking: Driveway

Construction

• Roofing: Composition
• Windows: Insulated Windows
• General: HardiPlank TypeTwo

Location

• Originating MLS: First Multiple Listing Service
• County: Fulton - GA

Lot

• Zoning: LL 76; DIST 14; LOT 6;JOSEPH THOMPSON; FULTON COUNTY14 007600100578
• View: City
• Fencing: None

Utilities

• Utilities: Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: First Multiple Listing Service