$1,721

closing credit¹

561 Formwalt St Unit 7 Atlanta, GA 30312

$144,900
2 beds
1 full
582 sqft
0.01 acres
$249 / sqft
Condo

Property details

About 561 Formwalt St Unit 7

Convenient city-living, cozy 2 bedrooms, 1 bath condo. First floor living, located in a small, gated community with easy access to downtown Atlanta, Georgia State, interstates, shopping and more. Hardwood floors throughout, granite countertops in kitchen, rear deck. A few recent upgrades, i.e. hot water heater (2024), A/C unit (2023) Available to owner-occupants and investors! Awesome deal in the city!

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size582 sqft
Lot size0.013 Acres
Year built1961
ParkingParking Lot, Permit Required
MLS #7457119
ViewCity

Summary

  • MLS Number: 7457119
  • MLS Name: First Multiple Listing Service
  • Office Name: Virtual Properties Realty.com
  • Office Phone: (770) 495-5050
  • Listing Agent: Jacqueline Boone

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of exterior entry featuring a balcony

$144,900

561 Formwalt St Unit 7

$1,721

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Dunbar Elementary School

Public District PK-5

0.4 mi

500 Whitehall Ter SW

4

Gideons Elementary School

Public District PK-5

0.8 mi

897 Welch St SW

4

Barack & Michelle Obama Academy

Public District PK-5

1.1 mi

970 Martin St SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,549. Most Atlanta, GA residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

65%
<35k
28%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

73%
Single, No Kids
19%
Single, with Kids
6%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
47%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 561 Formwalt St Unit 7

This home is located at 561 Formwalt St Unit 7 in Atlanta, GA and zip code 30312 in the Southwestern Atlanta neighborhood. This 582 square foot home, which was built in 1961, sits on a 0.01 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $144,900.

Over 108 listings were sold over their listed price in January 2025 in Atlanta, GA. In the same period over 415 listings were sold below the listed price and 168 listings were sold for the listed price. The number of homes for sale in Atlanta, GA increased by 19.5% between December and January 2025. In January 2025 median list price was $422,471 and the average listing age was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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