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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.
DAYS ON MARKET | 1 | LAST UPDATED | 7/21/2025 |
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TRACT | Old Fourth Ward | YEAR BUILT | 1920 |
COUNTY | Fulton | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
Elementary School | Hope Hill |
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Jr. High School | David T Howard |
High School | Grady |
ADDITIONAL DETAILS | |
AIR | Ceiling Fan(s), Central Air |
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AIR CONDITIONING | Yes |
BASEMENT | Crawl Space |
CONSTRUCTION | Concrete, Stone, Vinyl Siding |
HEAT | Forced Air, Natural Gas |
LOT | 2178 sq ft |
PARKING | None |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | Old Fourth Ward |
TAXES | 7415 |
UTILITIES | Other |
WATER | Public |
WATER ACCESS | NONE |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Keller Williams Realty
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Copyright 2025 GAMLS. All rights reserved.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.

This IDX solution is (c) Diverse Solutions 2025.