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$130,000

592 Formwalt St SW Atlanta, GA 30312

2 beds
1 full
0.2 acres
House

Property details

About 592 Formwalt St SW

Back on the Market again! 592 Formwalt St. is a fixer or really a tear down. Its zoned for 2 lots - 25' wide each The Zoning is SPI-18, similar to R-5, it allows the property to be rebuilt as 2 connected homes, each of which can be conveyed, sold, separately as 2 fee simple townhomes. See similar projects across the street (591 and 593) and on Eugenia street. Complete Survey and Architectural plans available. Previous 2023 buyer had plans that called for (2) 4bedroom/3 bath townhomes on 3 levels, each!. Seller is not distressed. Publix in Summerhill is close by!

Highlights

Home typeSingle Family Residence
StatusActive
Lot size0.184 Acres
Year built1920
ParkingOff Street
MLS #10525184
ViewCity

Summary

  • Full Bathrooms: 1
  • Appliances: Other
  • Basement: No
  • Flooring Type: Other
  • Interior: Other
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: Off Street
  • View: City
  • Architectural Style: Victorian
  • Heating: None
  • Cooling: None
  • List Price: $130,000
  • HOA Amount: $0
  • Annual Tax Amount: $2,189
  • Tax Year: 2023
  • Lot: Other
  • Directions: GPS friendly
  • Year Built: 1920
  • Lot Size: 0.184 Acres
  • MLS Number: 10525184
  • MLS Name: Georgia MLS 2
  • Office Name: Keller Knapp, Inc
  • Listing Agent: Tom Atkinson

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 2:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 25, 2016
Home Sold
$20,000

Tax history

YearAssessmentProperty Tax
2023$52,880$2,189
2022$52,880$2,189
2021$38,960$2,066
2020$31,200$1,291
2019$22,200$912
2017$8,000$345

History based on county public records data.

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

1.0 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. Residents of Atlanta, GA typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

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

Similar homes for sale

Frequently asked questions

About 592 Formwalt St SW

The listing price of 592 Formwalt St SW property is $130,000.

The property 592 Formwalt St SW is a house located in Atlanta, Georgia, 30312.

Active Listing: 592 Formwalt St SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 592 Formwalt St SW 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).

According to the records, the last property tax for 2023 is $2,189 (source: MLS/based on county public records data).

The last sale was on August 25, 2016 for $20,000 (source: MLS/tax record).

The property at 592 Formwalt St SW has 2 bedrooms and 1 bathroom.

The sq. ft. of 592 Formwalt St SW is not available (source: MLS/tax record).

The year of construction for 592 Formwalt St SW is 1920.

This home is located at 592 Formwalt St SW in Atlanta, GA and zip code 30312 in the Southwestern Atlanta neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $130,000.

While more than 252 listings in Atlanta, GA in June 2025 were sold above asking price, there were more than 241 listings sold at asking price, and more than 718 were sold below. In June 2025 in Atlanta, GA there were 10.2% more homes for sale than in May. Listings spent 45 days on the market in June 2025, and had a median list price of $426,329 during the same period.

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

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