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Athens Multi-residential for Sale

Athens Multi-residential for Sale

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Athens Multi-residential for Sale

159 Cloverhurst Avenue, Athens
$2,649,500
10881422 MLS
Campus Walk is an eight-unit multifamily property in the coveted Golden Triangle of Athens Five Points district, on the south side of the University of Georgia. The single all-brick building holds eight one-bedroom, one-bath flats measuring approximately 670+/- square feet, each with individual heat-pump HVAC, in-unit stacked laundry, and luxury vinyl-tile flooring. Ownership has reinvested continuously since 2015; commercial membrane roof, double-pane windows, HVAC, new parking lot, and refreshed kitchens and baths. These enhancements have yielded an efficient operating-expense ratio near 34% by ownership. The 0.36-acre infill parcel carries 16 on-site spaces, two per unit, which is uncommon in this pocket of Athens.

159 Cloverhurst Avenue, Athens

Listing courtesy of Thrive.RealEstate.

435 Clover Street, Athens
$514,900
10870126 MLS
Welcome to 435 Clover Street, a unique property in Athens' highly sought-after Normaltown/General Hospital area. Combining the charm of a 1940s cottage with the flexibility of a separate second home, this property offers an exceptional opportunity for homeowners, investors, or anyone seeking an in-town residence with income potential. The property features two distinct units. Unit A is a charming 2-bedroom, 1-bath cottage with multiple living areas and in-home laundry. It is leased through July 2028, providing immediate rental income. Unit B, located at the rear, offers 3 bedrooms, 2 baths, in-home laundry, and an additional room used as a fourth bedroom for the past five years. Unit B is currently vacant, offering immediate flexibility. Options abound: live in Unit B while collecting rent from Unit A, lease both units for cash flow, or explore combining the spaces into a spacious 5-bedroom, 3-bath home. The location is hard to beat. Bishop Park, a 31-acre community destination with green space, pool, athletic fields, and a popular Saturday farmers market, is less than half a mile away. The YMCA is approximately half a mile away, while the UGA Health Sciences Campus and Piedmont Athens Regional Hospital are less than a mile away. Normaltown restaurants, pubs, coffee shops, and amenities are just blocks away, with downtown Athens and UGA's Main Campus less than 3 miles away. Set on a deep 1/3-acre lot, the property features mature trees, a private backyard, and abundant off-street parking-rare amenities for such a convenient in-town location. Recent improvements include a new HVAC system (March 2025), new Unit A walkway, new insulation (June 2024), and new water heater in Unit B (August 2024). Whether you're seeking an income-producing investment, owner-occupant opportunity, or larger in-town residence, 435 Clover Street offers exceptional flexibility in one of Athens' most desirable locations.

435 Clover Street, Athens

Listing courtesy of eXp Realty.

144-146 W Paces Drive, Athens
$289,000
10866492 MLS
Rare 4-sided brick duplex in Park East! Built 1985 on 0.35 acres. Just miles from downtown Athens and the University of Georgia. The Building consists of 1 duplex with 2 - two bedroom and two bathroom units. There are no HOA fees or restrictive covenants. Building is connected to sewer. With fenced back yards and spacious decks. On bus line. Walking distance to school. No showings of Tenant occupied side until under contract. DO NOT DISTURB TENANTS! Unit 144 is FULLY UPGRADED and rent is $1200 Unit 146 is Partially Upgraded and rent is $1100

144-146 W Paces Drive, Athens

Listing courtesy of Simply Homes ATL.

150 Alden Court, Athens
$325,000
10853088 MLS
A rare, high-value opportunity awaits on Athens' vibrant Eastside! Tucked away on a peaceful cul-de-sac on a quiet dead-end street, this meticulously maintained, four-sided brick duplex offers an exceptional blend of timeless durability, refined living, and unmatched investment versatility. Crucially, the property is zoned R-3, qualifying it for coveted Commercial Short-Term Rental (STR / Non-Owner-Occupied) permitting, a monumental advantage in the booming Athens market. Whether you are an astute investor seeking maximum revenue potential through short or long-term rentals, or an owner-occupant looking to live in one side while building equity, this turn-key multi-family asset delivers on every level. Unit 152 (Left Side) is fully renovated, carpet-free, and currently brings in steady cash flow, leased through July 2027. Highlights include newer vinyl windows, fresh interior paint, and resilient Luxury Vinyl Plank (LVP) flooring extending throughout the entire footprint. Step into the welcoming living room, anchored by a warm brick wood-burning fireplace and a ceiling fan. The open layout flows seamlessly into a generous eat-in kitchen, offering painted wooden cabinetry, ample room for a rolling island and dining table, and full appliances including a range, dishwasher, built-in hood, refrigerator, and full-size washer and dryer. Down the hall, find two comfortable bedrooms with ceiling fans, one featuring a generous walk-in closet. At the end of the hall sits a large utility/storage closet, and off the side of the hall is a pristine bathroom complete with a white vanity and tile shower/tub combo. Direct access from the kitchen leads out to a private concrete patio overlooking the grassy backyard. Unit 150 (Right Side) is vacant, pristine, and move-in ready. Featuring the same functional layout as Unit 152, this side provides immediate flexibility to move in or lease at top market rates. The living room and hallway display low-maintenance laminate flooring, leading into a light-filled tile-floored kitchen. Both spacious bedrooms feature cozy carpeting, ceiling fans, and abundant natural light, complemented by a well-appointed bath with tile floors and a painted wood vanity. Just like Unit 152, this side features a cozy brick fireplace and comes complete with all appliances, including a range, dishwasher, built-in hood, refrigerator, and full-size washer and dryer. Built with low-maintenance, timeless four-sided brick, the exterior offers a large parking pad and lush grassy front, side, and rear yards. Location is everything, and this home delivers: just 1.6 miles to Cedar Shoals High School and Aldi, 2.0 miles to Walmart, 2.3 miles to Publix, Kroger, and the UGA Vet School/Hospital, 2.9 miles to Lowes, 3.8 miles to the University of Georgia Main Campus, and 5.2 miles to Downtown Athens. Situated on the Clarke County bus route, just 100 yards from the nearest stop, it offers unmatched convenience for residents and tenants alike. (Some images have been virtually staged.)

150 Alden Court, Athens

Listing courtesy of HomeSmart.

559 Pulaski Street, Athens
$1,259,000
10836766 MLS
One of a kind meets BEST LOCATION! The Cottages in the Pulaski Street Historic District offer three fully restored 2BR, 1BA "Mill Houses," just one block from Downtown Athens. Winners of the 2018 Athens-Clarke Heritage Best Restoration Award, each home features ceramic tile, LVP maple floors, brushed nickel fixtures, granite countertops, stainless steel appliances, and in-unit washer/dryer. This private three-home "island theme" community includes lush tropical landscaping, vibrant Caribbean-inspired colors, and Dutch hip metal roofs. Located 100 feet off Pulaski Street behind historic green space, the homes are secluded yet convenient. All-electric and energy-efficient with double thermal windows, utilities run just $60-$85/month. Each home has a 100 sq. ft. deck, two parking spaces, and two street permits. Bus stops nearby provide easy access to Downtown, UGA, Sanford Stadium, and greenway trails. Perfect for investors, owner-occupants, short-term rentals, or condo conversion. Owner financing available at 3.95% with 25% down. Do not disturb tenants. Situated in the Pulaski Street Historic District, just one block from Downtown Athens, this property offers easy access to shops, restaurants, entertainment, and cultural landmarks. The University of Georgia campus, Sanford Stadium, and Athens' greenway trails are all nearby, with city and UGA bus stops just two blocks away. Nestled in a quiet, eclectic, and historic neighborhood, it combines private, charming living with vibrant city convenience-perfect for investors, professionals, or UGA faculty and students.

559 Pulaski Street, Athens

Listing courtesy of Thrive.RealEstate.

180 Chalfont Lane, Athens
$825,000
10813999 MLS
Great Investment Opportunity: 180 Chalfont consists of 6, 1000+ square feet units. Each unit has had some remodeling. 2 Units have been completely remodeled. All the units are currently occupied with active leases. Convenient to shopping, Georgia Square Mall, and Atlanta Highway.

180 Chalfont Lane, Athens

Listing courtesy of Coldwell Banker Upchurch Realty.

192 Sunny Hills Drive, Athens
$339,900
10601637 MLS
Only 2.8 miles from Sanford Stadium. My loss could be your gain! This duplex, a proven cash cow since being listed on Airbnb in 2023, is now available due to a new short-term rental (STR) ban. The property can only be rented for 31+ days unless the owner occupies one unit or places a tenant in one unit to apply for an STR permit. This makes it an excellent opportunity for an investor who wants to live in one unit while generating cash flow from the other. Have a student attending UGA? Have them live in one side and cashflow the other. Each side is 2 bedrooms and 1.5 baths. In the 23 months since listing one unit on Airbnb, it has averaged over $2,600 per month in bookings, with peaks exceeding $5,000 per month during football season. If you're a GA fan you know this season's home schedule is the strongest it's been in years. Any current bookings would transfer with sale. For the right price, I will include all furnishings. Serious inquiries only, with a preference for cash buyers.

192 Sunny Hills Drive, Athens

Listing courtesy of Simply List.

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