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Pending33 days listed

731 Formwalt Street SW, Atlanta, GA 30315

  • 4bd
  • 4ba
  • 2,252SF
  • 0.1ac lot

Single-family home

List price

$335,000

$149/SF list

Ask about this home

FMLS IDXFMLS #7843757 · Listing Provided By Keller Williams Realty West Atlanta · 470-907-8266 · Listing agent Justin Hingleton

Location

731 Formwalt Street SW, Atlanta GA 30315

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About this home

Welcome to 731 Formwalt Street SW, a spacious 4-bedroom, 3.5-bath home offering 2,252 square feet in the heart of intown Atlanta. If location is at the top of your list, this one deserves your attention. With this much space, NO HOA, great updates, and convenient access to some of Atlanta’s most popular destinations, there’s a lot to love at this price point. The home has been fully refreshed throughout and is move-in ready. Step inside to tall ceilings, beautiful original hardwood floors, fresh paint, updated flooring, updated tile work in the bathrooms, and plenty of room to spread out. The kitchen features stainless steel appliances, and the washer and dryer are already in place. One of the best features of the floor plan is the FULL-SIZE BEDROOM AND FULL BATHROOM ON THE MAIN LEVEL. This is not just a small bonus room. It’s a nicely sized bedroom that provides great flexibility for guests, extended family, a roommate, home office, or anyone who prefers the convenience of main-level living. Upstairs, the primary suite is a true retreat. The bedroom is extremely spacious and features TWO walk-in closets along with private access to the balcony that spans the front of the home. Imagine stepping right outside your bedroom to enjoy your morning coffee or winding down in the evening overlooking the neighborhood. The spa-style primary bathroom features beautiful updated tile work and completes a primary suite you’ll truly enjoy coming home to. The outdoor space gives you even more to enjoy. There’s a rear deck with room for entertaining, grilling, or relaxing, and the property is completely fenced for added privacy and flexibility. LOCATION, LOCATION, LOCATION! You’re less than 10 minutes from the Atlanta University Center, Mercedes-Benz Stadium, State Farm Arena, Georgia State University, Georgia State’s football stadium, the Georgia Aquarium, World of Coca-Cola, Downtown Atlanta, and so much more. Midtown Atlanta and Hartsfield-Jackson Atlanta International Airport are also approximately 15 minutes away. Whether you’re an owner-occupant looking for a spacious intown home, a first-time buyer wanting to be close to the city, or an investor looking for your next Atlanta property, 731 Formwalt offers plenty of possibilities. For investors, the property has previously rented for $2,700+ per month, providing a glimpse into its rental potential. With NO HOA, there may also be flexibility for long-term or potential short-term rental use, including Airbnb, subject to applicable rental requirements and regulations. **This Property is eligible for all grants in Georgia with our Preferred Lender. Fulton County HOP, Georgia Dream, 100% no PMI, etc. ** It’s hard to beat this combination of LOCATION, square footage, bedroom count, a full bedroom and bathroom on the main level, outdoor space, updates, rental potential, and NO HOA at this price point. Priced right, fully refreshed, move-in ready, and positioned in a location that keeps you close to just about everything Atlanta has to offer. Come see why 731 Formwalt Street SW could be the one.

How this list price compares in Atlanta

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
Pending
Bedrooms
4
Full baths
3
Half baths
1
Living area
2,252 SF
Lot size
0.1 acres
Year built
2004
Levels
Two
Main-level bedrooms
1
Parking
Driveway, On Street
Style
Craftsman
Construction
Vinyl Siding
Roof
Shingle
Flooring
Hardwood
Heating
Central
Cooling
Central Air
Fireplaces
1
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Lot
Back Yard, Cleared, Front Yard
HOA
No
Annual tax
$3,927 (2025)
County
Fulton

Assigned schools

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

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $335,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$2,649/mo

Principal and interest
$2,071
Property tax
$327
Home insurance
$125
Mortgage insurance
$126
Loan amount
$301,500
Cash down
$33,500

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Keller Williams Realty West Atlanta, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Pending) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Atlanta?

See the similar homes section on this page, or browse all homes for sale in Atlanta, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

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