506 Old Wheat St NE, Atlanta, GA, 30312
About This Home
Lovely renovated and fully occupied 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. Each of the 2 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 deck. A turnkey investment with immediate income and future flexibility for an owner-occupant, short-term rental, or long-term hold.
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1920
Materials
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Duplex
Interior
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating & Cooling
- Heating features: Forced Air,Heat Pump
- Cooling features: Central Air
Property
Details
- Parcel number: 14 004600120540
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 2,221 sqft
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $214 | $2,568 |
| Property Taxes | $444 | $5,328 |
| Electricity | $219 | $2,637 |
| Total | $3,910 | $46,920 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-04 | Listed for sale | $599,999 |
| 2024-09-13 | Listing removed | $1,850 |
| 2024-07-21 | Listed for rent | $1,850 |
| 2021-11-30 | Sold | $555,000 |
| 2021-10-28 | Pending sale | $555,000 |
| 2021-10-22 | Contingent | $555,000 |
| 2021-10-22 | Pending sale | $555,000 |
| 2021-10-15 | Listed for sale | $555,000 |
| 2019-08-09 | Sold | $441,500 |
| 2019-07-25 | Pending sale | $449,500 |
| 2019-07-19 | Listed for sale | $449,500 |
| 2017-08-08 | Listing removed | $1,250 |
| 2017-07-31 | Listed for rent | $1,250 |
| 2017-01-23 | Sold | $260,000 |
| 2017-01-19 | Pending sale | $265,000 |
| 2017-01-17 | Listed for sale | $265,000 |
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