Estimated payment $4,159/month
Welcome to 512 Old Wheat Street, a charming and fully renovated duplex nestled in the heart of Atlanta’s vibrant Old Fourth Ward. This shotgun-style property features two stepless-entry, one-bedroom, one-bathroom units—each thoughtfully updated with modern finishes while preserving historic character. With inviting front porches, updated kitchens with stainless steel appliances, in-unit laundry, and stylish tile bathrooms, this turnkey property offers a comfortable and appealing space for tenants or owner occupants alike. Currently listed on short-term rental platforms, it is ready to generate immediate income.
Located just blocks from the Atlanta BeltLine, Krog Street Market, Edgewood Avenue nightlife, and the Sweet Auburn district, 512 Old Wheat sits in one of the city’s most walkable and culturally rich neighborhoods. You're also steps from the historic Martin Luther King Jr. National Historical Park, multiple award-winning restaurants, and local festivals that keep the area buzzing year-round. Zoned for Hope-Hill Elementary, David T. Howard Middle School, and Midtown High, this property is ideal for investors seeking a high-demand rental location or savvy buyers looking for the ultimate house hack—live on one side and rent out the other. Best of all, the home offers an assumable 2.2% mortgage, making it a rare opportunity to secure both a hip lifestyle and financial win in one of Atlanta’s most iconic communities.
Listing Agent
Keller Williams Realty Intown ATL License #364586 Listed on: 07/21/2025
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,778 | $168,280 | $78,400 | $89,880 |
| 2023 | $7,498 | $181,120 | $78,400 | $102,720 |
| 2022 | $6,961 | $172,000 | $74,440 | $97,560 |
| 2021 | $6,146 | $151,720 | $112,520 | $39,200 |
| 2020 | $3,561 | $106,600 | $59,960 | $46,640 |
| 2019 | $921 | $86,920 | $47,960 | $38,960 |
| 2018 | $3,514 | $84,880 | $46,840 | $38,040 |
| 2017 | $2,175 | $50,360 | $29,360 | $21,000 |
| 2016 | $2,181 | $50,360 | $29,360 | $21,000 |
| 2015 | $3,035 | $50,360 | $29,360 | $21,000 |
| 2014 | $2,283 | $50,360 | $29,360 | $21,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Sale | $649,900 | +51.1% | -- |
| 05/10/2021 05/10/21 | Sold | $430,000 | 0.0% | $311 / Sq Ft |
| 03/27/2021 03/27/21 | For Sale | $430,000 | 0.0% | $311 / Sq Ft |
| 01/11/2021 01/11/21 | Pending | -- | -- | -- |
| 01/11/2021 01/11/21 | Off Market | $430,000 | -- | -- |
| 01/03/2021 01/03/21 | Price Changed | $430,000 | +2.4% | $311 / Sq Ft |
| 09/04/2020 09/04/20 | Price Changed | $420,000 | +2.4% | $304 / Sq Ft |
| 09/02/2020 09/02/20 | For Sale | $410,000 | -- | $297 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $430,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $49,568 | New Conventional | |
| Closed | $19,583 | FHA | |
| Previous Owner | $399,628 | FHA |
Juli was born into a family of self-starter business owners and comes by her passion for the real estate business naturally. She is a dedicated, full-time agent who treats each client with professionalism, enthusiasm, effectiveness and optimism; whether she is working with a luxury property client, first-time homebuyer, an investor building a portfolio, a professional athlete, or a senior looking to downsize. Regardless of price point, her enthusiasm for her clients never waivers. She’s a
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Source: First Multiple Listing Service (FMLS)
MLS Number: 7619202
APN: 14-0046-0012-053-2
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