$295,000

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… Read More 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. Read Less

Listing courtesy of Keller Williams West Atlanta [email protected]

Listing Snapshot

Days Online

Last Updated

Oct 2, 2026

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

1,806

Lot Size

0.1 Acres

Year Built

2004

MLS Number

10852384

Additional Details

Appliances & Equipment

Dishwasher, Dryer, Microwave, Refrigerator, Washer

Basement

Crawl Space

Building

Built in 2004, Living area: 1806, Levels: Two

Community

None

Cooling

Attic Fan, Central Air

Fence

Back Yard

Floors

Carpet, Hardwood

Foundation

Slab

Heating

Central

Home Owner's Association

Association Fee: $0, Fee Includes: None

Interior Features

Roommate Plan, Walk-In Closet(s)

Laundry

Laundry Closet

Lot

0.101 acres

Parking

Off Street, Parking Pad

Property

Resale, City

Roof

Composition

Security Features

Smoke Detector(s)

Sewer

Public Sewer

Taxes

Parcel Number: 14 007500040353, Annual Amount: $3,927, Year: 2025

Utilities

Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Source: Public

Water Features

Water Body Name: NONE, No Dock Or Boathouse

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