HeaderIcon
  1. Agent Logo

Explore by Metro

  • Atlanta
  • Baltimore
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Philadelphia
  • Phoenix
  • Queens
  • San Diego
  • San Jose
  • Tampa
  • Washington
HeaderIcon

Explore by Metro

  • Atlanta
  • Baltimore
  • Boston
  • Bronx
  • Brooklyn
  • Chicago
  • Los Angeles
  • Manhattan
  • Miami
  • Nashville
  • Orlando
  • Philadelphia
  • Phoenix
  • Queens
  • San Diego
  • San Jose
  • Tampa
  • Washington
leftArrowBack to Search
  1. Home
  2. /
  3. Atlanta, GA
  4. /
  5. 561 Formwalt St Sw
Add to favoritesAdd to favorites (hover)
Save
leftArrow
Add to favoritesAdd to favorites (hover)

561 Formwalt St Sw

561 Formwalt St Sw, Atlanta, GA, 30312

YEAR BUILT

1961

# STORIES

# TOTAL UNITS

13

UNIT SIZE RANGE

570-670 sqft

Description

561 Formwalt St SW sits in the heart of Atlanta, near the intersection of Ralph David Abernathy Blvd SW and Lee St SW. The building offers views of the city and the vibrant neighborhood. The Chattahoochee River is nearby. This location connects easily to downtown and major roads leading to various destinations. The building is a condominium with 13 units. Construction finished in 1961. Each unit has 2 bedrooms, with sizes ranging from 570 to 670 square feet. Prices vary between $138,500 and $150,000. The average closed price recently reached $135,500, with a price per square foot around $232. Units typically remain on the market for about 65 days. Local amenities include sidewalks, street lights, and parks. There's a dog park for pet owners and public transportation options close by. Restaurants like BBQ Suite and Museumbar Restaurant Bar Lounge offer dining spots. Nick's Market Place serves grocery needs conveniently. Residents enjoy a gated community atmosphere, enhancing security and privacy. Open layouts and modern appliances are present in some of the units. The building blends a simple architectural style with useful features for daily life. Living here means easy access to popular attractions. Mercedes Benz Stadium and the Beltline are just a short distance away. Nearby educational institutions include Morehouse College and Atlanta Metropolitan State College. Parks and green spaces add to the community's charm, making this location appealing for various lifestyles.

Building ImageMLS ID #7529482
Building ImageMLS ID #7549900
Building Image
Building ImageView Listing

561 Formwalt St Sw

561 Formwalt St Sw, Atlanta, GA, 30312

YEAR BUILT

1961

# STORIES

# TOTAL UNITS

13

UNIT SIZE RANGE

570-670 sqft

Description

561 Formwalt St SW sits in the heart of Atlanta, near the intersection of Ralph David Abernathy Blvd SW and Lee St SW. The building offers views of the city and the vibrant neighborhood. The Chattahoochee River is nearby. This location connects easily to downtown and major roads leading to various destinations. The building is a condominium with 13 units. Construction finished in 1961. Each unit has 2 bedrooms, with sizes ranging from 570 to 670 square feet. Prices vary between $138,500 and $150,000. The average closed price recently reached $135,500, with a price per square foot around $232. Units typically remain on the market for about 65 days. Local amenities include sidewalks, street lights, and parks. There's a dog park for pet owners and public transportation options close by. Restaurants like BBQ Suite and Museumbar Restaurant Bar Lounge offer dining spots. Nick's Market Place serves grocery needs conveniently. Residents enjoy a gated community atmosphere, enhancing security and privacy. Open layouts and modern appliances are present in some of the units. The building blends a simple architectural style with useful features for daily life. Living here means easy access to popular attractions. Mercedes Benz Stadium and the Beltline are just a short distance away. Nearby educational institutions include Morehouse College and Atlanta Metropolitan State College. Parks and green spaces add to the community's charm, making this location appealing for various lifestyles.

Next

Description

561 Formwalt St SW sits in the heart of Atlanta, near the intersection of Ralph David Abernathy Blvd SW and Lee St SW. The building offers views of the city and the vibrant neighborhood. The Chattahoochee River is nearby. This location connects easily to downtown and major roads leading to various destinations. The building is a condominium with 13 units. Construction finished in 1961. Each unit has 2 bedrooms, with sizes ranging from 570 to 670 square feet. Prices vary between $138,500 and $150,000. The average closed price recently reached $135,500, with a price per square foot around $232. Units typically remain on the market for about 65 days. Local amenities include sidewalks, street lights, and parks. There's a dog park for pet owners and public transportation options close by. Restaurants like BBQ Suite and Museumbar Restaurant Bar Lounge offer dining spots. Nick's Market Place serves grocery needs conveniently. Residents enjoy a gated community atmosphere, enhancing security and privacy. Open layouts and modern appliances are present in some of the units. The building blends a simple architectural style with useful features for daily life. Living here means easy access to popular attractions. Mercedes Benz Stadium and the Beltline are just a short distance away. Nearby educational institutions include Morehouse College and Atlanta Metropolitan State College. Parks and green spaces add to the community's charm, making this location appealing for various lifestyles.

561 Formwalt St Sw Market Stats Last 12 months

Avg. Listed Price$130,700($222/Sqft.)

Avg. Sale Price$135,500($232/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings5 Listed

Total sold2 Sold
Average Days on Market65 days

Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings5 Listed

Total sold2 Sold
Average Days on Market65 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

561 Formwalt St Sw Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1212-21632025-10-17
MLS#: 7636042
Closed$132,500
Unit 1212-21492022-10-17
MLS#: 7106952
Closed$135,000
Unit 33-21802022-08-19
MLS#: 7059810
Closed$150,000
Unit 12
12

2 Beds

1 Baths

- sqft


DateStatusPrice
2025-10-17Closed$132,500
MLS#: 7636042
Days On Market63
Unit 12
12

2 Beds

1 Baths

- sqft


DateStatusPrice
2022-10-17Closed$135,000
MLS#: 7106952
Days On Market49
Unit 3
3

2 Beds

1 Baths

- sqft


DateStatusPrice
2022-08-19Closed$150,000
MLS#: 7059810
Days On Market80
View Complete Unit Listing HistorySource By: FMLS

Amenities

Imagine stepping out into a neighborhood that truly has everything you need: beautiful sidewalks and street lights add to the welcoming streetscape, perfect for evening strolls or a morning jog. With a nearby dog park, pet owners can take advantage of the nearby outdoors, ensuring that your furry friends stay happy and active. There are also a couple of delightful restaurants and cafes waiting for you just around the corner, along with easy access to public transportation for convenient commuting around the city.

Next

Amenities Description

Imagine stepping out into a neighborhood that truly has everything you need: beautiful sidewalks and street lights add to the welcoming streetscape, perfect for evening strolls or a morning jog. With a nearby dog park, pet owners can take advantage of the nearby outdoors, ensuring that your furry friends stay happy and active. There are also a couple of delightful restaurants and cafes waiting for you just around the corner, along with easy access to public transportation for convenient commuting around the city.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Fire Alarm

Fire Alarm

Balcony

Balcony

Smoke Detector(s)

Smoke Detector(s)

Policies

While specific building policies are not detailed here, it’s always wise to check with the condo management about any essential aspects, especially if you have pets or plan on throwing gatherings. Understanding the rules upfront makes for a smoother transition into your new home.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
561 Formwalt St Sw$232/sqft.$2 /sqft.
Capital City Square Condos$226/sqft.$2 /sqft.
Capitol City Square Condos$224/sqft.$2 /sqft.
502 Pryor St$177/sqft.$3 /sqft.
Cityside Lofts$177/sqft.$3 /sqft.
432 Ira St Sw$199/sqft.$5 /sqft.

Nearby Schools

561 Formwalt St Sw is located near 22+ schools throughout Atlanta. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Dunbar Elementary School

D+
Public|Grades PK–5
500 Whitehall Ter ...|0.38 miles away

The Life School of Atlanta

--
Private|Grades 9–12
217 Walker St SW|0.77 miles away

Gideons Elementary School

C-
Public|Grades PK–5
897 Welch St SW|0.85 miles away

Martin Luther King Jr. Middle School

C-
Public|Grades 6–8
545 Hill St SE|0.85 miles away

Imagine Wesley International Academy Charter Facility

B-
Public|Grades KG–8
211 Memorial Dr SE|0.97 miles away

Department of Human Resources

--
Public|Grades PK–12
2 Peachtree St NW|1.05 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

561 Formwalt St Sw is located near 22+ schools throughout Atlanta. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Dunbar Elementary School

D+
Public|Grades PK–5
500 Whitehall Ter ...|Less than 1 Mile Away

The Life School of Atlanta

--
Private|Grades 9–12
217 Walker St SW|Less than 1 Mile Away

Gideons Elementary School

C-
Public|Grades PK–5
897 Welch St SW|Less than 1 Mile Away

Martin Luther King Jr. Middle School

C-
Public|Grades 6–8
545 Hill St SE|Less than 1 Mile Away

Imagine Wesley International Academy Charter Facility

B-
Public|Grades KG–8
211 Memorial Dr SE|Less than 1 Mile Away

Department of Human Resources

--
Public|Grades PK–12
2 Peachtree St NW|1.05 Miles Away

Barack & Michelle Obama Academy

D
Public|Grades PK–5
970 Martin St SE|1.06 Miles Away

Atlanta Neighborhood Charter - Elementary School

B+
Public|Grades KG–5
688 Grant St SE|1.14 Miles Away

St Nicholas Orthodox Academy

--
Private|Grades KG–8
543 Cherokee Ave S...|1.23 Miles Away

G. W. Carver High School

D-
Public|Grades 9–12
55 McDonough Blvd ...|1.44 Miles Away

Early College High School at Carver

B+
Public|Grades 9–12
55 McDonough Blvd ...|1.45 Miles Away

Slater Elementary School

D
Public|Grades KG–5
1320 Pryor Rd SW|1.46 Miles Away

Herman J. Russell West End Academy

C-
Public|Grades 6–8
765 Peeples St SW|1.53 Miles Away

Cristo Rey Atlanta Jesuit High School

--
Private|Grades 9–12
222 Piedmont Ave N...|1.63 Miles Away

M. Agnes Jones Elementary School

C-
Public|Grades EE–5
1040 Fair St SW|1.65 Miles Away

The New School Atlanta

--
Private|Grades 9–12
655 Memorial Dr SE|1.75 Miles Away

Hollis Innovation Academy

D
Public|Grades EE–8
225 James P Brawle...|1.76 Miles Away

Booker T. Washington High School

D+
Public|Grades 9–12
45 Whitehouse Dr S...|1.77 Miles Away

Parkside Elementary School

C
Public|Grades PK–5
685 Mercer St SE|1.79 Miles Away

Slam Academy of Atlanta

F
Public|Grades KG–5
1150 Westview Dr S...|1.80 Miles Away

Hope - Hill Elementary School

C-
Public|Grades PK–5
112 Boulevard NE|1.80 Miles Away

Maynard Holbrook Jackson High School

B-
Public|Grades 9–12
801 Glenwood Ave S...|1.92 Miles Away

Transit

Located in Mechanicsville, 561 Formwalt St Sw is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Atlanta. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

ARTHUR LANGFORD JR PL SW @ 220

1.74 miles away|34 min walk

ARTHUR LANGFORD JR PL SW @ BOOKER ST SW

1.87 miles away|36 min walk

ARTHUR LANGFORD JR PL SW @ BOWEN CIR SW

1.74 miles away|34 min walk

ARTHUR LANGFORD JR PL SW @ JOYLAND PL

1.77 miles away|34 min walk

ARTHUR LANGFORD JR PL SW @ PRYOR RD SW

1.74 miles away|34 min walk

ASHBY STATION

1.72 miles away|34 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in Mechanicsville, 561 Formwalt St Sw is surrounded by 50+ public transit options within 2 miles. Residents enjoy easy access to well-connected transit routes serving key areas of Atlanta. Reliable public transportation simplifies commuting and enhances everyday mobility. This accessible setting promotes a connected and efficient urban lifestyle.

ARTHUR LANGFORD JR PL SW @ 220

1.74 miles away|34 min walk

ARTHUR LANGFORD JR PL SW @ BOOKER ST SW

1.87 miles away|36 min walk

ARTHUR LANGFORD JR PL SW @ BOWEN CIR SW

1.74 miles away|34 min walk

ARTHUR LANGFORD JR PL SW @ JOYLAND PL

1.77 miles away|34 min walk

ARTHUR LANGFORD JR PL SW @ PRYOR RD SW

1.74 miles away|34 min walk

ASHBY STATION

1.72 miles away|34 min walk

ASHBY STATION - NORTHBOUND

1.71 miles away|33 min walk

ASHBY STATION - SOUTHBOUND

1.74 miles away|34 min walk

ATLANTA AVE @ CHEROKEE AVE

1.42 miles away|28 min walk

ATLANTA AVE SE @ BOULEVARD SE

1.64 miles away|32 min walk

ATLANTA AVE SE @ CHEROKEE AVE SE

1.42 miles away|28 min walk

ATLANTA AVE SE @ CONNALLY ST SE

1.05 miles away|21 min walk

ATLANTA AVE SE @ FRASER ST SE

0.81 miles away|16 min walk

ATLANTA AVE SE @ GRANT TER SE

1.08 miles away|21 min walk

ATLANTA AVE SE @ HANK AARON DR

0.77 miles away|15 min walk

ATLANTA AVE SE @ MARION AVE SE

1.82 miles away|35 min walk

ATLANTA AVE SE @ MARTIN ST SE

0.88 miles away|17 min walk

ATLANTA STUDENT MOVEMENT BLVD @ ELM ST SW

1.04 miles away|20 min walk

ATLANTA STUDENT MOVEMENT BLVD @ EUHARLEE ST SW

1.37 miles away|27 min walk

ATLANTA STUDENT MOVEMENT BLVD @ EUHRLEE ST SW

1.37 miles away|27 min walk

ATLANTA STUDENT MOVEMENT BLVD @ JAMES P BRAWLEY DR SW

1.21 miles away|24 min walk

ATLANTA STUDENT MOVEMENT BLVD @ JOHN HOPE DR SW

1.09 miles away|21 min walk

ATLANTA STUDENT MOVEMENT BLVD @ LAWSHE ST SW

1.1 miles away|22 min walk

ATLANTA STUDENT MOVEMENT BLVD @ MILTON ST SW

1.29 miles away|25 min walk

ATLANTA STUDENT MOVEMENT BLVD @ NORTHSIDE DR SW

0.85 miles away|17 min walk

ATLANTA STUDENT MOVEMENT BLVD @ OGDEN ST SW

1.41 miles away|28 min walk

ATLANTA STUDENT MOVEMENT BLVD @ WALNUT ST SW

0.93 miles away|18 min walk

AUBURN AVE NE @ HILLIARD ST NE

1.54 miles away|30 min walk

AUBURN AVE NE @ JESSE HILL JR DR NE

1.42 miles away|28 min walk

AUBURN AVE @ PIEDMONT AVE

1.35 miles away|26 min walk

AUBURN AVE @ WILLIAM H BORDERS SR DR

1.6 miles away|31 min walk

AUBURN POINTE DR @ VERANDA CIR

1.31 miles away|26 min walk

AVON AVE SW @ MURPHY AVE SW

1.94 miles away|38 min walk

Baker St at Peachtree St

1.65 miles away|32 min walk

Baker St at Williams St

1.61 miles away|31 min walk

Baker Street & Peachtree Street (Truist

1.65 miles away|32 min walk

BOULEVARD NE @ CAIN ST NE

1.94 miles away|38 min walk

BOULEVARD NE @ FREEDOM PKWY NE

1.96 miles away|38 min walk

BOULEVARD NE @ IRWIN ST NE

1.83 miles away|36 min walk

BOULEVARD NE @ OLD WHEAT ST NE

1.75 miles away|34 min walk

BOULEVARD SE @ ATLANTA AVE

1.68 miles away|33 min walk

BOULEVARD SE @ ATLANTA AVE SE

1.67 miles away|32 min walk

BOULEVARD SE @ BERNE ST

1.57 miles away|31 min walk

BOULEVARD SE @ BERNE ST SE

1.58 miles away|31 min walk

BOULEVARD SE @ CHAMBERLAIN ST SE

1.66 miles away|32 min walk

BOULEVARD SE @ DECATUR ST SE

1.62 miles away|32 min walk

BOULEVARD SE @ DELMAR AVE

1.64 miles away|32 min walk

BOULEVARD SE @ DELMAR AVE SE

1.63 miles away|32 min walk

BOULEVARD SE @ EDGEWOOD AVE SE

1.68 miles away|33 min walk

BOULEVARD SE @ ENGLEWOOD AVE SE

1.97 miles away|38 min walk

The Neighbourhood: Mechanicsville

Mechanicsville, nestled in the heart of Fulton County, GA, offers a blend of rich history and modern convenience. The neighborhood is home to leafy parks and community gardens, providing residents with plentiful outdoor spaces. Within close proximity, you can find a variety of local eateries and shops that highlight the area's diverse culture. Families appreciate the well-regarded schools and community programs available. Commuting is made simple with easy access to several major highways and MARTA public transportation, connecting you effortlessly to the broader Atlanta area.

Next

Neighbourhood Description

Mechanicsville, nestled in the heart of Fulton County, GA, offers a blend of rich history and modern convenience. The neighborhood is home to leafy parks and community gardens, providing residents with plentiful outdoor spaces. Within close proximity, you can find a variety of local eateries and shops that highlight the area's diverse culture. Families appreciate the well-regarded schools and community programs available. Commuting is made simple with easy access to several major highways and MARTA public transportation, connecting you effortlessly to the broader Atlanta area.

Similar Buildings Nearby

Add to favoritesAdd to favorites (hover)
215 Piedmont Ave Ne # 1608
215 Piedmont Ave Ne 1608, Atlanta, GA
Click to see listings
Add to favoritesAdd to favorites (hover)
620 Peachtree St
620 Peachtree St Ne, Atlanta, GA
Click to see listings
Add to favoritesAdd to favorites (hover)
300 W Peachtree St Unit 8 C
300 W Peachtree St Unit 8 C, Atlanta, GA
Click to see listings
Add to favoritesAdd to favorites (hover)
Windsor Over Peachtree
620 Peachtree Street, Atlanta, GA
Click to see listings
Add to favoritesAdd to favorites (hover)
215 Piedmont Ave Ne # 1608
215 Piedmont Ave Ne 1608, Atlanta, GA
Click to see listings
Add to favoritesAdd to favorites (hover)
620 Peachtree St
620 Peachtree St Ne, Atlanta, GA
Click to see listings
Add to favoritesAdd to favorites (hover)
300 W Peachtree St Unit 8 C
300 W Peachtree St Unit 8 C, Atlanta, GA
Click to see listings
View All Similar Buildings

561 Formwalt St Sw Demographics

Age Demographics

0–14 Years

17.75%

15–29 Years

30.5%

30–44 Years

23.6%

45–59 Years

15.61%

60+ Years

12.54%

Commute

15.43%

Transit

7.6%

Walk

55.69%

Drive

0.71%

Bike

Housing Ownership

24.2%

Owner Occupied

75.8%

Rental Units

Household Types

Single Family
17.93%
Multi Family
3.18%
Single Person
57.38%
Multi Person
42.62%

Average Income

Household:$4,071,936.99 /yr

Individual:$2,705,322.19 /yr

Education

Bachelors Degree20.53%
High School College25.79%
Diploma6.73%
Post Graduate15.4%
Others31.56%
Next

Education

Diploma6.73%
Post Graduate15.4%
Others31.56%
Get the HelloCondo Newsletter
Real-estate tips, insights, and market reports in your inbox.
Newsletter
  1. Home
  2. /Atlanta, GA
  3. /
    561 Formwalt St Sw
Nearby Cities
Sylvania
Buildings
244 Peters St
330 Peters St Sw
330 Peters Street
346 Peters St Sw
350 Peters St Sw
432 Ira St Sw
502 Pryor St
505 Whitehall St Sw Unit 400
561 Formwalt St Sw
562 Formwalt St Sw
Capital 8 Condo
Capital City Square Condos
Capitol City Square Condos
Century Lofts
Cityside Lofts
Ezell Townhomes
Lyric Lofts
Storehouse Lofts
West Lumber Lofts
Neighborhoods
Fairfield PlantationHammond ParkKingswood
Lake ClaireLakewood EstatesLakewood HeightsLenoxLindbergh / MorosgoLoring HeightsMcDonough / Adams / Kings HighwayMedlock / North DecaturMellwoodMemorial ParkMonroe HeightsMozley ParkNelson HeightsPacesPomona ParkPonce de Leon CourtWildwood (NPU-C)
ZIP Codes
300243003530038
3003930043301033013230146301703018030234302563027730296303133033830342305193065031816
Community
1075 Peachtree Condo20 Pine Canyon Drive Southwest2901 Lenox
330 McGill Place92 Old Ivy RoadAdair EstateAddison at CascadeAlexander EstatesAlston PlaceAmli at LindberghAnsley Monroe VillasAnsley Parkside TownhomesArdmoreArdmore SherylArdmore SquareArizona CommonsArrington PlaceArtesian East VillageAshburyAvondale Estates
HelloCondo Logo
HelloCondo Logo
HelloCondo Is The #1 Condo Search Platform And Real Estate Recommendation Engine. Search, Find And Buy The Perfect Condo And Get Matched With The Best Agents. Finding A Condo Has Never Been So Easy.

HelloCondo is a division of HelloCasa, LLC

FacebookIconInstagramIconXIconRedditIcon

HelloCondo

Find A RealtorTerms of UsePrivacy PolicyCalifornia Privacy NoticeAccessibility PolicyCCPA Notice on CollectionDMCABrowseNYS Standard Operating ProcedureNYS Fair Housing Notice

Contact

LocationIcon
300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
PhoneICon
(855) 625-0319
EmailIConhello@hellocondo.com
Contact Us

For Sale

Condos for saleTownhomes for sale
AgentIcon
LocationIcon

HomeSouth Residential, Inc.

Mark Bradley

4400 North Point Pkwy, Ste. 151

Alpharetta, GA 30022

PhoneICon770-545-9095
EmailIConmarkbradley@homesouth.net
© HelloCondo 2026. All Rights Reserved.