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$129,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 620 Sq. Ft.
See This Home
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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: $129,000
  • HOA FEE: $330/month
  • Taxes: $429 (2025)
  • Status: Active
  • Type: Condo
  • Source: FMLS_Atlanta
  • MLS ID: 7686424
  • Updated: 1/5/2026
  • Added to Site: 53 day(s) ago

Interior

  • Interior Features: Low Flow Plumbing Fixtures
  • Fireplace(s): None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1
  • Primary Bathroom: None

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2
  • Bedroom Features: None

Other Rooms

  • Kitchen: Stone Counters
  • Dining Room: None
  • Laundry: Laundry Closet

Additional Information

  • Amenities: None
  • Security/Safety: Fire Alarm, Security Gate
  • Equipment: None

Exterior

  • Exterior Features: Courtyard
  • Porch/Patio/Deck: Rear Porch

Parking

  • Total Spaces: 1
  • Parking Features: Parking Lot

Location

  • County: Fulton
  • Subdivision: Capitol City Square
  • 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: Paul L. Dunbar
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson

Community

  • Association: Yes
  • Assoc. Fees Include: Insurance, Maintenance Grounds, Pest Control, Reserve Fund, Security, Sewer, Termite Control, Trash, Water
  • Units Assoc/Comm: 24

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Structural Information

  • Architectural Style: Mid-Rise (Up to 5 Stories)
  • Detached/Attached: Attached
  • Exterior Const.: Brick 4 Sides
  • Basement Desc.: None
  • Roof: Composition
  • Common Walls: 1 Common Wall
  • Windows: Double Pane Windows
  • Stories/Levels: One
  • Square Feet: 620
  • Sq. Ft. Source: Public Records
  • Year Built: 1962
  • Property Condition: Resale

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.0142
  • Lot Size Source: Public Records
  • Lot Dimensions: x
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Lot Features: Level
  • Fencing (Description): Fenced

Water Features

  • Docks: None

Financial Considerations

  • Association Fee: $330
  • Assoc Fee Freq.: Monthly
  • Other Assoc Fees: $330
  • Tax Amount: $429
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Property ID: 14 007600101295

Listed by The Armani Agency, LLC

FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and 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 policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 18 2026 3:54PM

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Listing agent

— 561 Formwalt St SW #10 —

  • The Armani Agency, LLC

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
12/19/2025
Price Reduced
$129,000
-6.86%
MLS
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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Listed by The Armani Agency, LLC

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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and 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 policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 18 2026 3:54PM

561 Formwalt Street SW #10, Atlanta, GA 30312 (MLS# 7686424) is a Condo property with 2 bedrooms and 1 full bathroom. 561 Formwalt Street SW #10 is currently listed for $129,000 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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