Map location of 561 Formwalt Street SW 8, Atlanta, GA 30312
$117,500
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561 Formwalt Street Sw 8, Atlanta, GA 30312

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2 Beds
1 Bath
582 Sq Ft

Location! REDUCED MOTIVATED SELLER Perfect for Investor, no Rental Restrictions. The unit is currently rented for 1250 to a long-term tenant. It is very easy to find new tenants or increase rent. Also, it can be bought as a package with two other units in the same complex. Additional Unit 5 (MLS #: 7524995) is rented for 1250. And 571 Formwalt unit 7 is rented for 1250. There are no Seller Disclosure as the seller has not lived there.

Listing By: Pratik Karan - Dalton Wade, Inc. gafmls Realty.com
  • MLS# 7525289
  • Date Listed02/14/2025
  • Days on Realty 281 Days
  • Bedrooms 2
  • Bathrooms 1 Full baths
  • Lot Size 0.01 acres (584 sq. ft)
  • Sewer Public Sewer
  • Subdivision Capitol City Square
  • Property Type Condominium
  • County Fulton
  • Year Built 1961
  • Water Public
  • Square Feet 582 sq. ft
  • Price Per Sq. Ft $201.89

Interior Features

  • Appliances Other
  • Flooring Hardwood
  • Cooling Ceiling Fan(s), Central Air
  • Heating Central

Exterior / Lot Features

  • Exterior None, None
  • Roof Shingle
  • Lot Size Acres 0.01
  • Lot Size SQFT 583.70
  • Lot Features Other

Directions

As Is

Financial Considerations

  • Tax Amount $2,425
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Dunbar Elementary School

Public • PK - 5 • Serves this home

0.34 mi

Distance

Gideons Elementary School

Public • PK - 5

1.53 mi

Distance

Barack & Michelle Obama Academy

Public • PK - 5

1.6 mi

Distance

North Metro Psychoeducational Program

Public • PK - 12

1.61 mi

Distance

Slater Elementary School

Public • PK - 5

2 mi

Distance

M. A. Jones Elementary School

Public • PK - 5

2.3 mi

Distance

Finch Elementary School

Public • PK - 5

2.82 mi

Distance

Benteen Elementary School

Public • PK - 5

2.88 mi

Distance

Parkside Elementary School

Public • PK - 5

2.95 mi

Distance

Hope - Hill Elementary School

Public • PK - 5

2.96 mi

Distance

King Middle School

Public • 6 - 8

1.29 mi

Distance

Herman J Russell West End Acadeny

Public • 6 - 8

2.25 mi

Distance

Sylvan Hills Middle School

Public • 6 - 8

2.82 mi

Distance

Kipp Strive Academy

Public • 5 - 8

2.88 mi

Distance

Kipp West Atlanta Young Scholars Academy

Public • 5 - 8

2.9 mi

Distance

David T Howard Middle School

Public • 6 - 8

2.96 mi

Distance

Price Middle School

Public • 6 - 8

2.98 mi

Distance

Atlanta Charter Middle School

Public • 6 - 8

3.1 mi

Distance

Ethos Classical

Public • 3 - 3

5.36 mi

Distance

Kipp Vision Academy

Public • 5 - 8

5.39 mi

Distance

Early College High School At Carver

Public • 9 - 12

2 mi

Distance

Steam Academy At Carver

Public • 9 - 12

2 mi

Distance

Carver Steam Academy

Public • 9 - 12

2 mi

Distance

Atlanta Youthbuild

Public • 10 - 13

2.11 mi

Distance

Booker T. Washington - Early College Small School

Public • 9 - 12

2.3 mi

Distance

Wellspring Living

Public • 8 - 10

2.32 mi

Distance

Maynard H. Jackson- Jr. High School

Public • 9 - 12 • Serves this home

2.95 mi

Distance

Midtown High School

Public • 9 - 12

4.59 mi

Distance

Kipp Atlanta Collegiate

Public • 9 - 12

4.99 mi

Distance

Frederick Douglass High School

Public • 9 - 12

6.54 mi

Distance

The Life School Of Atlanta

Private • KG - 12

1.15 mi

Distance

Tamu S. Kanyama Preparatory Academy

Private • 09 - 12

1.53 mi

Distance

St Nicholas Orthodox Academy

Private • 01 - 12

2.12 mi

Distance

The New School

Private • 09 - 11

2.37 mi

Distance

Cristo Rey Atlanta Jesuit High School

Private • 09 - 12

2.43 mi

Distance

Light Of The World Of Atlanta

Private • KG - 10

3.79 mi

Distance

Braddy Preparatory Academy

Private • KG - 12

3.79 mi

Distance

Dar Un Noor School

Private • PK - 12

5.08 mi

Distance

The Howard School

Private • KG - 12

5.21 mi

Distance

Paideia School

Private • PK - 12

5.54 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in GA / 30312

Source: Walkscore

60/100

Somewhat Walkable

Walk Score ®

62/100

Good Transit

Transit Score ®

63/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

33 nearby routes: 31 bus, 2 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 48/100, Bike Score: 47/100.

Property Change History

List Price decreased from $125,000 to $117,500
List Price decreased from $130,000 to $125,000
Price Per Square Foot decreased from $223.37 to $214.78
Property description updated with new details
List Price decreased from $140,000 to $130,000
Price Per Square Foot decreased from $240.55 to $223.37
Property Heating updated
Other, Central → Central
Property Heating updated
Other → Other, Central

Points of Interest near 561 Formwalt Street SW 8, Atlanta, GA 30312

Frequently Asked Questions for 561 Formwalt Street SW 8

Source: Realty.com

561 Formwalt Street SW 8, Atlanta, GA 30312 is a 582 sq. ft. condo listed for sale with 2 bedrooms and 1 bathrooms. Realty.com has 8 photos of this condominium, listed at $117,500. View sales and tax history of condos, use our mortgage calculator and more on Realty.com

Realty.com has 8 photos of 561 Formwalt Street SW 8.

Our records indicate that 561 Formwalt Street SW 8 was built in 1961.

The full address for this home is 561 Formwalt Street SW 8, Atlanta, GA 30312.

561 Formwalt Street SW 8 has been listed on Realty.com since Fri February 14, 2025

Some errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 48/100, Bike Score: 47/100.

There are 3 schools assigned to this home. Check out the schools near 561 Formwalt Street SW 8. Dunbar Elementary School (Grades: PK - 5), Paul D. West Middle School (Grades: 6 - 8), Maynard H. Jackson- Jr. High School (Grades: 9 - 12)

Listing provided courtesy of: Dalton Wade, Inc. (tel: 727-888-4175)
Listing agent: Pratik Karan (tel: 888-668-8283) (#PRATIK)

This content last refreshed on 2025-11-22 17:17:49. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 561 Formwalt Street SW 8, Atlanta, GA 30312 : MLS# 7525289

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