727 Formwalt Street SW, Atlanta, GA 30315

About this home

LOCATION, VALUE, AND OPPORTUNITY all come together at 727 Formwalt Street SW! This 3-bedroom, 2.5-bath home offers 1,806 square feet of living space in one of Atlanta’s most convenient intown locations, and it’s being offered BELOW APPRAISED VALUE. From the moment you arrive, the inviting front porch gives this home plenty of character. Inside, you’ll find a spacious floor plan with hardwood flooring, tall ceilings, stainless steel kitchen appliances, and plenty of natural light. With more than 1,800 square feet, there’s plenty of room to live, work, entertain, and truly make this home your own. Upstairs, the oversized primary bedroom is definitely a highlight. There’s plenty of room for a full bedroom setup with additional space for a sitting area, desk, or whatever fits your lifestyle. The primary also has access to its own private front deck, giving you a nice outdoor space right outside your bedroom. The outdoor space continues in the back with a rear deck that’s perfect for grilling, entertaining, or simply relaxing. The backyard is completely fenced, giving you additional privacy and plenty of ways to enjoy the space. But LOCATION may be the biggest selling point here. You’re just minutes from Downtown Atlanta, the Atlanta University Center, Georgia State University, Mercedes-Benz Stadium, State Farm Arena, Georgia State’s football stadium, Centennial Olympic Park, the Georgia Aquarium, World of Coca-Cola, and so much more. Midtown Atlanta and Hartsfield-Jackson Atlanta International Airport are also conveniently accessible. Whether you’re looking for a place to call home, purchasing your first property, or an investor looking for an intown Atlanta opportunity, 727 Formwalt gives you options. FOR INVESTORS, this property has previously generated rental income in the range of approximately $2,300–$2,500 per month. With a 3-bedroom floor plan, fenced backyard, outdoor living spaces, and a central Atlanta location, the property offers an opportunity for buyers looking to add an intown rental to their portfolio. FOR OWNER-OCCUPANTS, there may be several financing and down-payment assistance options available to qualified buyers, including Georgia Dream, Fulton County HOP, Chenoa Fund programs, 100% financing options, and other available grant and assistance programs. Program availability, eligibility, income limits, property requirements, and financing terms vary by buyer and loan program. Great space. Great value. Great location. Whether you’re buying a home for yourself or looking for your next investment, 727 Formwalt Street SW is ready for its next owner. Come see the home, see the location, and see the possibilities for yourself.

How this list price compares in Atlanta

• List price is 22% below the Atlanta median list price of $380,000 (5,382 homes).
• Compared with 2,648 single-family homes in Atlanta: 34% below the median of $449,900.
• List price per square foot is 36% below the Atlanta median of $255/SF.
• All 5,382 homes for sale in Atlanta, GA.
• 6,734 homes for sale in Fulton County.

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type

Single-family home

Status

Active

Bedrooms

3

Full baths

2

Half baths

1

Living area

1,806 SF

Lot size

0.1 acres

Year built

2004

Levels

Two

Main-level bedrooms

0

Parking

Driveway, On Street

Basement

Crawl Space

Style

Craftsman

Construction

Shingle Siding

Roof

Shingle

Flooring

Carpet, Hardwood

Heating

Central

Cooling

Attic Fan, Central Air

Appliances

Dishwasher, Dryer, Microwave, Refrigerator, Washer

Lot

Back Yard, Cleared

HOA

No

Annual tax

$3,927 (2025)

County

Fulton

Assigned schools

• HighMaynard Jackson
• MiddleMartin L. King Jr.
• ElementaryPaul L. Dunbar

As reported in the listing. Verify with the school district.