Renovated Duplex with Separate
For Sale
$599,999
506 Old Wheat Street NE, Atlanta, GA 30312
Residential Income, Atlanta, GA
Property SizeContact for details
Lot Size0.05 Acres
Days on Market84
Property Features for 506 Old Wheat Street NE
General Information
Property type
Residential Multi Family
Property subtype
Other
Window features
Insulated Windows
Subdivision
Old Fourth Ward
Lot features
Corner Lot, Level
Elementary school
John Hope-Charles Walter Hill
Middle school
David T Howard
High school
Midtown
Directions
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.
Standard status
Active
APN
14 004600120540
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8899
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Forced Air, Heat Pump (Heating)
Cooling system
Ceiling Fan(s), Separate Meters, Central Air
Water source
Public
Amenities
hardwood floors
updated kitchens and baths
granite countertops
stainless steel appliances
10-foot ceilings
decorative fireplaces
separate laundry room with washer and dryer
new deck
Building Details
Year built
1920
Floors in Building
1
Number of units
2
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
HomeSmart · HomeSmart International
(404) 876-4901
Listed By:
Tracy Witherspoon
(404) 876-4901
Added: Jun 3
Changed: Aug 19
Last Checked: Aug 25 at 4:06AM
MLS# 7781450
Copyright © 2026 First Multiple Listing Service, Inc. 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.
Renovated and fully occupied duplex built in 1920, offering two spacious 1BR/1BA floor plans. Interiors feature hardwood floors, updated kitchens and baths, granite countertops, stainless steel appliances, 10-foot ceilings, and decorative fireplaces. Each unit includes a separate laundry room with a washer and dryer, and there is a new deck.
The property is located at 506 Old Wheat Street NE in Atlanta’s Old Fourth Ward area and is within walking distance of Krog Street Market, the Atlanta BeltLine Eastside Trail, Edgewood Avenue, and the Martin Luther King Jr. National Historical Park. Heating is forced air with central systems and a heat pump, and cooling includes central air with ceiling fans. The home has separate meters, a composition roof, wood siding, public water, and public sewer.
With two independent units and updated finishes throughout, the duplex can support an owner-occupant scenario, a short-term rental approach, or a long-term hold.
The property is located at 506 Old Wheat Street NE in Atlanta’s Old Fourth Ward area and is within walking distance of Krog Street Market, the Atlanta BeltLine Eastside Trail, Edgewood Avenue, and the Martin Luther King Jr. National Historical Park. Heating is forced air with central systems and a heat pump, and cooling includes central air with ceiling fans. The home has separate meters, a composition roof, wood siding, public water, and public sewer.
With two independent units and updated finishes throughout, the duplex can support an owner-occupant scenario, a short-term rental approach, or a long-term hold.
Key Highlights
- Renovated and fully occupied duplex built in 1920
- Two 1BR/1BA units with hardwood floors and decorative fireplaces
- Updated kitchens and baths with granite countertops and stainless steel appliances
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,627
Businesses Nearby
Explore this area
Business Placement
Demographics for 30312, GA
25,435
Population
15,787
Households
1.6
Avg Household Size
34
Median Age
65%
College-Educated
92%
High-School Grad
3.3 sq mi
ZIP Area
7,708
Density / Sq Mi
$75,963
Median Household Income
$70,268
Median Earnings
$1,594
Median Rent
$493,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated, fully occupied duplex with two 1BR/1BA units, separate laundry rooms, and upgraded kitchens and baths.
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 and fully occupied duplex built in 1920; Two 1BR/1BA units with hardwood floors and decorative fireplaces; Updated kitchens and baths with granite countertops and stainless steel appliances
