Active Under Contract561 Formwalt Street SW Unit 10, Atlanta, GA 30312
MLS# 7816222 · Listing Courtesy Of: Berkshire Hathaway HomeServices Georgia Properties
Listing Contact: 404-537-5200








Facts
True monthly cost (estimates)
The full picture of owning this home each month, using the defaults shown. Every figure marked (est.) is an estimate for planning — not a quote, loan offer, or pre-approval. In the main listing search you can edit the rate, down payment, insurance and utilities in the interactive version of this panel.
| Line | $/month |
|---|---|
| Principal & interest (20% down, 6.5%, 30 yr) | $503 |
| Property taxes (from listing data) | $36 |
| Property taxes with standard homestead (est. — saves about $22/yr) | $34 |
| Home insurance (est. 0.2% of price / yr) | $17 |
| HOA dues (from listing data) | $330 |
| Utilities (est.) | $151 |
| Estimated monthly total | $1,036 |
| Estimated monthly total with homestead (est.) | $1,035 |
About this home
With its new lower price and outstanding value and location, this move-in ready two bedroom, one bathroom in the heart of Atlanta combines modern upgrades, timeless character, and an affordable opportunity for intown living. Ideal for first-time homebuyers or investors, students and professionals, this charming residence features original hardwood floors, a freshly painted interior, and thoughtful updates throughout. The bright, refreshed kitchen offers a brand new range and refrigerator, ample cabinet space, and plenty of natural light, creating a functional and welcoming space for everyday living. Well-maintained HVAC and appliances add peace of mind, while an EV charging station and a dedicated parking space inside the gated area provide added convenience. Enjoy low-maintenance living in a convenient intown location just minutes from Downtown Atlanta, Georgia State University, Summerhill, Mercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park, the BeltLine, shopping, restaurants, parks, MARTA, and major interstates. Whether commuting to work, attending a game, or exploring Atlanta's vibrant dining and entertainment scene, you'll appreciate having so much close to…
Schools (from listing data)
School assignments as reported in the listing data — verify with the school district before making a decision.
Map
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Listing data last updated: Oct 25, 2026, 5:16 PM