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Renovated Duplex with 1BR Units

506 Old Wheat Street NE Atlanta, GA 30312

506 Old Wheat Street NE, Atlanta, GA, 30312
$599,999
For Sale
$599,999

MULTI_FAMILY - Atlanta, GA

Lot Size0.05 Acres
Days on Market49

Property Features for 506 Old Wheat Street NE

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
14 004600120540
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
24
Tax Annual Amount
8614

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1920
Floors in Building
1
Number of units
2
Building materials
Wood Siding
Listing agency HomeSmart
Listed by Tracy Witherspoon
Added: Jun 3 Updated: Jun 13 at 9:47PM Checked: Jul 21 at 8:06AM
MLS# 10778601

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This renovated, fully occupied duplex features two matching 1BR/1BA floor plans designed for comfortable day-to-day living. Both units include hardwood floors, updated kitchens and baths, granite countertops, and stainless steel appliances. Ten-foot ceilings and decorative fireplaces add historic character alongside modern finishes. Each unit also has a separate laundry room with a washer and dryer, and the property includes a new deck.

Located on Old Wheat Street NE in Atlanta’s Old Fourth Ward, the property is positioned for convenient access to nearby destinations. The listing notes close proximity to Krog Street Market, the Atlanta BeltLine Eastside Trail, Edgewood Avenue, and the Martin Luther King Jr. National Historical Park, supporting a walkable lifestyle.

As presented, the duplex is offered as a turnkey option with immediate rental income and flexibility for how an owner may choose to use the property. It may appeal to investors seeking an income-producing asset, as well as an owner-occupant looking for the ability to live in one unit while using the other as a short-term rental or maintaining it as a long-term hold.

Key Highlights

  • Renovated, fully occupied duplex built in 1920, offering 2 separate 1BR/1BA units
  • Each unit features 10‑foot ceilings, hardwood floors, and decorative fireplaces
  • Updated kitchens and baths in both units with granite countertops and stainless steel appliances

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Clothing & Fashion Store Butcher (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Supermarket

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated, fully occupied duplex offering two spacious 1BR/1BA layouts with in-unit laundry and updated kitchens.
Where is this duplex located?
The property is located at 506 Old Wheat Street NE Atlanta, GA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Renovated, fully occupied duplex built in 1920, offering 2 separate 1BR/1BA units; Each unit features 10‑foot ceilings, hardwood floors, and decorative fireplaces; Updated kitchens and baths in both units with granite countertops and stainless steel appliances
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