$175,000

562 Formwalt St SW Unit 4 Atlanta, GA 30312

$2,078
Closing credit¹
1 bed
1 full
576 sqft
0.01 acres
$304 / sqft
Condo

Property details

About 562 Formwalt St SW Unit 4

Perfect condo for investor and first time buyers ! No rental restriction .Contemperary style on top floor . Exposed brick walls in the kitchen & BR . Glass wall between LR & BR is a work of art along the lines of Mondrian . Small but smart use of space . Skylight allows for natural light . Laundry room . Deck , breakfast bar cool modern light fixtures .Great location and surroundings . Close to GA state,Capital,Mercedes Benz Stadium ,Air port ,down town Atlanta . Huge deck with a great view .New HVAC . Off-street parking.

Highlights

Home typeCondominium
HeatingElectric, Forced Air
StatusActive
Size576 sqft
Lot size0.0132 Acres
Year built1961
MLS #7561235
ViewOther

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement: No
  • Flooring Type: None
  • Interior: Other
  • Fireplace: None
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Private Pool: No
  • Parking: None
  • Waterfront: None
  • View: Other
  • Exterior: None
  • Architectural Style: Contemporary
  • Heating: Electric, Forced Air
  • Cooling: None
  • List Price: $175,000
  • Price/SqFt: $303
  • HOA Amount: $200
  • HOA Frequency: Monthly
  • Lot: Corner Lot, Private
  • Directions: please use GPS for direction .
  • Year Built: 1961
  • Living Area: 576 SqFt
  • Lot Size: 0.0132 Acres
  • MLS Number: 7561235
  • MLS Name: First Multiple Listing Service
  • Office Name: Simply Homes ATL, LLC
  • Office Phone: (704) 294-8988
  • Listing Agent: My Trinh Pham

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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: 5/1/2025, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house with a deck, fence, and stairs

$175,000

562 Formwalt St SW Unit 4

$2,078

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. Typical income of Atlanta, GA residents is less than $<35k annually. Typical family type is 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 562 Formwalt St SW Unit 4

The listing price of 562 Formwalt St SW Unit 4 property is $175,000.

The property 562 Formwalt St SW Unit 4 is a condo located in Atlanta, Georgia, 30312.

Active Listing: 562 Formwalt St SW Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 562 Formwalt St SW Unit 4 are: Dunbar Elementary School (GreatSchools Rating 3/10), Gideons Elementary School (GreatSchools Rating 4/10), Barack & Michelle Obama Academy (GreatSchools Rating 4/10), Martin Luther King Jr. Middle School (GreatSchools Rating 3/10), Imagine Wesley International Academy Charter Facility (GreatSchools Rating 3/10), Herman J. Russell West End Academy (GreatSchools Rating 2/10), G. W. Carver High School (GreatSchools Rating 1/10), Early College High School at Carver (GreatSchools Rating 4/10), Booker T. Washington High School (GreatSchools Rating 2/10).

The property at 562 Formwalt St SW Unit 4 has 1 bedroom and 1 bathroom.

The property 562 Formwalt St SW Unit 4 is 576 SqFt (source: MLS/tax record).

The year of construction for 562 Formwalt St SW Unit 4 is 1961.

This home is located at 562 Formwalt St SW Unit 4 in Atlanta, GA and zip code 30312 in the Southwestern Atlanta neighborhood. This 576 square foot home, which was built in 1961, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $175,000.

In March 2025, from all listings sold in Atlanta, GA there were more than 245 sold above asking price, over 558 sold below and more than 207 were sold right at the asked price. Between February and March 2025, Atlanta, GA real estate market has seen increase in the number of listings by 23.8%. Listings spent 46 days on the market in March 2025, and had a median list price of $423,362 during the same period.

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

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