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  5. 561 Formwalt St Sw
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561 Formwalt St Sw

561 Formwalt St Sw Unit 10, Atlanta, GA, 30312

YEAR BUILT

1962

# STORIES

0

# TOTAL UNITS

10

UNIT SIZE RANGE

570-670 sqft

Description

561 Formwalt St SW Unit 10 is located in downtown Atlanta, near the intersection of Ralph David Abernathy Blvd SW and Central Ave SW. This low-rise building features 10 condominium units. Constructed in 1962, it offers neighborhood views from its residences. The building is securely situated within a gated community. The units range in size from 570 to 670 square feet. Each unit has 2 bedrooms, making them suitable for various living arrangements. This is an appealing option for those looking for a cozy space in the heart of the city. Recent sales show prices from $138,500 to $150,000. The average price sits at about $135,500, or $232 per square foot. Nearby amenities include restaurants like BBQ Suite and Museumbar Restaurant Bar Loung. Grocery needs can be met at Nick's Market Place, allowing for easy access to essentials. The area is well-served by public transport, making it easy to navigate downtown Atlanta. The presence of parks and a dog park adds outdoor options for residents. Units typically stay on the market for about 65 days, showing steady interest in the area. The location is close to popular attractions like Mercedes Benz Stadium, Hartsfield-Jackson Airport, and the Beltline. Given its proximity to Midtown and Buckhead, residents can enjoy urban living with plenty of entertainment options. Common features such as exposed brick give a modern yet classic vibe to the units. The environment suits those who appreciate city life while seeking a community feel. Prospective buyers may find this property appealing due to its blend of comfort, amenities, and access to key locations in Atlanta.

Building ImageMLS ID #7686424
Building ImageMLS ID #7686424
Building ImageView Listing

561 Formwalt St Sw

561 Formwalt St Sw Unit 10, Atlanta, GA, 30312

YEAR BUILT

1962

# STORIES

0

# TOTAL UNITS

10

UNIT SIZE RANGE

570-670 sqft

Description

561 Formwalt St SW Unit 10 is located in downtown Atlanta, near the intersection of Ralph David Abernathy Blvd SW and Central Ave SW. This low-rise building features 10 condominium units. Constructed in 1962, it offers neighborhood views from its residences. The building is securely situated within a gated community. The units range in size from 570 to 670 square feet. Each unit has 2 bedrooms, making them suitable for various living arrangements. This is an appealing option for those looking for a cozy space in the heart of the city. Recent sales show prices from $138,500 to $150,000. The average price sits at about $135,500, or $232 per square foot. Nearby amenities include restaurants like BBQ Suite and Museumbar Restaurant Bar Loung. Grocery needs can be met at Nick's Market Place, allowing for easy access to essentials. The area is well-served by public transport, making it easy to navigate downtown Atlanta. The presence of parks and a dog park adds outdoor options for residents. Units typically stay on the market for about 65 days, showing steady interest in the area. The location is close to popular attractions like Mercedes Benz Stadium, Hartsfield-Jackson Airport, and the Beltline. Given its proximity to Midtown and Buckhead, residents can enjoy urban living with plenty of entertainment options. Common features such as exposed brick give a modern yet classic vibe to the units. The environment suits those who appreciate city life while seeking a community feel. Prospective buyers may find this property appealing due to its blend of comfort, amenities, and access to key locations in Atlanta.

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Description

561 Formwalt St SW Unit 10 is located in downtown Atlanta, near the intersection of Ralph David Abernathy Blvd SW and Central Ave SW. This low-rise building features 10 condominium units. Constructed in 1962, it offers neighborhood views from its residences. The building is securely situated within a gated community. The units range in size from 570 to 670 square feet. Each unit has 2 bedrooms, making them suitable for various living arrangements. This is an appealing option for those looking for a cozy space in the heart of the city. Recent sales show prices from $138,500 to $150,000. The average price sits at about $135,500, or $232 per square foot. Nearby amenities include restaurants like BBQ Suite and Museumbar Restaurant Bar Loung. Grocery needs can be met at Nick's Market Place, allowing for easy access to essentials. The area is well-served by public transport, making it easy to navigate downtown Atlanta. The presence of parks and a dog park adds outdoor options for residents. Units typically stay on the market for about 65 days, showing steady interest in the area. The location is close to popular attractions like Mercedes Benz Stadium, Hartsfield-Jackson Airport, and the Beltline. Given its proximity to Midtown and Buckhead, residents can enjoy urban living with plenty of entertainment options. Common features such as exposed brick give a modern yet classic vibe to the units. The environment suits those who appreciate city life while seeking a community feel. Prospective buyers may find this property appealing due to its blend of comfort, amenities, and access to key locations in Atlanta.

561 Formwalt St Sw Market Stats Last 12 months

Avg. Listed Price$136,333($230/Sqft.)

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

Year over year sale price 0.00%
Total Listings3 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 Listings3 Listed

Total sold2 Sold
Average Days on Market65 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
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

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

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.
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.

Nearby Schools

561 Formwalt St Sw is located in Mechanicsville, Atlanta, with 22+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

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
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Description

561 Formwalt St Sw is located in Mechanicsville, Atlanta, with 22+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

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...|1.93 Miles Away

Transit

561 Formwalt St Sw offers strong public transit access in Mechanicsville, Atlanta, with multiple transportation options located within a 2-mile radius. Nearby Bus, Metro, Tram allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

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

561 Formwalt St Sw offers strong public transit access in Mechanicsville, Atlanta, with multiple transportation options located within a 2-mile radius. Nearby Bus, Metro, Tram allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

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

1.09 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|27 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.

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561 Formwalt St Sw Demographics

Age Demographics

0–14 Years

17.74%

15–29 Years

30.52%

30–44 Years

23.6%

45–59 Years

15.61%

60+ Years

12.54%

Commute

15.44%

Transit

7.6%

Walk

55.68%

Drive

0.71%

Bike

Housing Ownership

24.21%

Owner Occupied

75.79%

Rental Units

Household Types

Single Family
17.93%
Multi Family
3.17%
Single Person
57.38%
Multi Person
42.62%

Average Income

Household:$4,070,831.48 /yr

Individual:$2,704,651 /yr

Education

Bachelors Degree20.52%
High School College25.79%
Diploma6.73%
Post Graduate15.39%
Others31.56%
Next

Education

Diploma6.73%
Post Graduate15.39%
Others31.56%
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    561 Formwalt St Sw
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Alpharetta, GA 30022

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