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506 Old Wheat Street

Atlanta, GA 30312
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Lovely renovated duplex in the heart of Old Fourth Ward! Just steps from Krog Street Market, the Atlanta BeltLine Eastside Trail, Edgewood Avenue, and the Martin Luther King Jr. National Historical Park, this unbeatable location offers exceptional walkability. Both units feature spacious 1BR/1BA floor plans with hardwood floors, updated kitchens and baths, granite countertops, stainless steel appliances, 10-foot ceilings, and decorative fireplaces that blend historic charm with modern style. Each unit also includes a separate laundry room with washer and dryer. New front porch flooring, freshly painted exterior trim, brand new, upgraded thermostats were added to both sides making the units more energy efficient. A turnkey investment with immediate income and future flexibility for a n owner-occupant, short-term rental, or long-term hold.

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Detail Ic Property Details

Property Type : Residential Income

Price : $580,000

AD Id : 91152187

MLS Id : 7835616

Lot Size : 0.05 Acre

Tax Amount : 8899.00

Year Built : 1920

County : Fulton

Subdivision: Old Fourth Ward

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Feature Features

  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Forced Air, Heat Pump, Separate Meters Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Separate Meters

  • Building Information

    Year Built: 1920 Construction Materials: Wood Siding Private Pool: No View: Neighborhood

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 0.0515 Lot Size Source: Public Records Lot Description: Corner Lot, Level

    Property Information

    Subdivision: Old Fourth Ward Source Property Type: Residential Income Postal Code Plus 4: 1653 Property SubType: Duplex Levels: One Property Age: 106

  • Listing Price Information

    Listing Price: $580000

  • Tax Information

    Tax Year: 2025 Annual Tax: $8899 Tax Legal Desc: Deed Book 64901 Page 643

  • Parking Information

    None

  • School Information

    Elementary School: John Hope-Charles Walter Hill
    Junior High School: David T Howard
    Senior High School: Midtown
  • Utility Information

    Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Other
  • Location Information

    Direction: From 75/85 take Freedom Pkwy exit. To RT (S) onto Boulevard. Then LFT onto Old Wheat St (across from MLK Center) house is on the LFT at corner of Hogue and Old Wheat. Or From Inman Park at Krog St Market Go West on Irwin to LFT on Auburn to RT on Old Wheat. Plenty of street parking. WaterSource: Public
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Nearby Home Value

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652 Boulevard, Atlanta, GA, 30312 $715,000 -- -- -- 0.19 Acre
196 Reinhardt Street, Atlanta, GA, 30312 $798,900 -- -- -- 0.03 Acre
540 John Wesley Dobbs A.., Atlanta, GA, 30312 $1,649,000 -- -- -- 0.13 Acre
345 Loomis Avenue, Atlanta, GA, 30312 $960,000 -- -- -- 0.05 Acre
67 Boulevard, Atlanta, GA, 30312 $765,553 -- -- -- 0.10 Acre
479 Kelly Street, Atlanta, GA, 30312 $1,175,000 -- -- -- 0.16 Acre
598 Formwalt Street, Atlanta, GA, 30312 $950,000 -- -- -- 0.18 Acre

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ByOwner last updated this listing 09/11/2026 @ 19:50

MLS: 7835616 LISTED BY: Tracy Witherspoon, HomeSmart 404-876-4901 SOURCE: First Multiple Listing Service (FMLS)

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