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$138,500

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
See This Home
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Holiday Special- Offering $4,000 in seller concessions! Welcome home to this beautifully updated 2-bedroom, 1-bath condo in the heart of Atlanta! Perfect for a first-time buyer, this move-in-ready unit blends modern updates with timeless charm, including original hardwood floors that add warmth and character the moment you walk in. Inside, you'll enjoy a freshly painted interior, an updated kitchen with a brand-new conduction stove and new refrigerator, and a refreshed bathroom with new vanity, toilet, and resurface shower/tub. All appliances have been regularly maintained and in great working order. Located just two miles from Atlanta's top attractions-including State Farm Arena, Mercedes-Benz Stadium, Summerhill, and GSU-you'll be close to everything: dining, entertainment, and major transportation hubs. Best of all, this home qualifies for Invest Atlanta down-payment assistance programs with grants up to $20,000, making ownership even more achievable.If you're dreaming of an affordable, updated home in a prime location-this is it. Welcome to your Atlanta beginning!

Full Property Details for 561 Formwalt St SW #10

General

  • Price: $138,500
  • HOA FEE: $3,960
  • Taxes: $429 (2025)
  • Status: Active
  • Type: Condo
  • Source: GAMLS_Atlanta
  • MLS ID: 10650254
  • Updated: 12/11/2025
  • Added to Site: 53 day(s) ago

Interior

  • Rooms/Areas: Other
  • Interior Features: Other, Tile Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Other Rooms

  • Laundry: Laundry Closet

Parking

  • Parking Features: Off-Street, Parking Pad

Location

  • County: Fulton
  • Driving Directions: Use GPS- park on Formwalt ST (red brick road), pedestrian entrance through the gate, unit 10 is upstairs on far right side.

School Information

  • Elementary School: Dunbar
  • Middle School: King
  • High School: MH Jackson Jr

Community

  • Assoc. Fees Include: Insurance, Maintenance Grounds, Pest Control, Reserve Fund, Security, Sewer, Trash, Water

Heating & Cooling

  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Water/Sewer: Public Sewer

Structural Information

  • Architectural Style: Brick 4 Side
  • Construction Status: Resale
  • Basement Desc.: None
  • Roof: Composition
  • Stories/Levels: One
  • Living Area: 620 Sq. Ft.
  • Finished Total: 620 Sq. Ft.
  • Finished Above Grnd: 620 Sq. Ft.
  • Year Built: 1962

Lot Features

  • Lot Size (Acres): 0.014
  • Lot Size Range: .014
  • Lot Size Source: Public Records
  • Lot Description: Level

Water Features

  • Water Front Name: NONE

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $3,960
  • Tax Amount: $429
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Owned by Agent

Listing Courtesy of: The Armani Agency

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Listing agent

— 561 Formwalt St SW #10 —

  • The Armani Agency

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 561 Formwalt St SW #10

School District:Atlanta City School District
NameGradesDistance
Dunbar Elementary School
500 Whitehall Terrace Southwest, Atlanta, GA 30312
PK-50.3 mi
King Middle School
545 Hill Street Southeast, Atlanta, GA 30312
6-80.9 mi
Maynard H. Jackson- Jr. High School
801 Glenwood Avenue Southeast, Atlanta, GA 30316
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 561 Formwalt St SW #10 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/27/2025
Listed
$138,500
49.73%
MLS
1/09/2019
Sold
$92,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 561 Formwalt St SW #10

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,587
62%
$62,480
62%
2022
$1,596
214%
$38,560
3%
2021
$508
—
$37,440
1%
2021
$508
-64%
$37,000
9%
2019
$1,397
43%
$34,000
44%
2018
$980
1%
$23,680
6%
2017
$967
—
$22,400
—
2016
$970
131%
$22,400
131%
2015
$420
70%
$9,680
74%
2012
$247
—
$5,560
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 561 Formwalt St SW #10

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listing Courtesy of: The Armani Agency

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561 Formwalt Street SW #10, Atlanta, GA 30312 (MLS# 10650254) is a Condo property with 2 bedrooms and 1 full bathroom. 561 Formwalt Street SW #10 is currently listed for $138,500 and was received on November 27, 2025. Want to learn more about 561 Formwalt Street SW #10? Do you have questions about finding other Condo real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.

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