$2,250,000

524 Vine Street, Athens, GA 30601

  • 14,760 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon1.49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $152/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

PROPERTY DESCRIPTION: 524 Vine Street is a 28-unit apartment complex situated on 1.49 acres in East Athens, less than a mile from downtown and the University of Georgia campus. All 28 units are one-bedroom, one-bath, giving the property a consistent, easy-to-manage unit mix. The complex is currently 100% occupied with an NOI of $160,125. The 14,760 SF building was constructed in 1985 on a 1.49-acre site in East Athens. The site also includes a 1,500 SF single-family residence that offers a buyer additional income potential through renovation and rental, or possible conversion to a duplex, subject to applicable zoning. LOCATION DESCRIPTION: 524 Vine Street sits in the East Athens neighborhood, directly accessible from Vine Street in Athens-Clarke County. The property is within a short distance of downtown Athens, the University of Georgia, and Athens Regional Medical Center, placing it in a rental market with consistent year-round demand supported by the area's proximity to major employers, the University of Georgia, and Athens Regional Medical Center. East Athens has seen continued investment in recent years as demand for workforce and affordable housing near the UGA campus has grown. The area's proximity to downtown employers, transit routes, and UGA's expanding footprint supports stable occupancy for well-maintained multifamily properties at this price point.

Listing Status:
Active
Date Added:
June 11, 2026
Data Last Updated:
August 11, 2026 at 7:09AM
Listing Office:
NAI Elrod Group : 706-553-1000
Listing Agent:
Brian Elrod : 678-859-6110
MLS ID:
10783753
  • Flooring: Other
  • A/C: Electric
  • Heating: Electric
  • General: Other
  • Parking: Parking LotParking spaces: 0
  • Roofing: Metal
  • General: Brick
  • Road/Access: County Road
  • Originating MLS: Georgia MLS 2
  • County: Clarke
  • Zoning: 172A4 B002
  • Fencing: Chain LinkFenced
  • Utilities: Underground Utilities
  • Water: Public
  • Sewer: Public Sewer
  • Source: Georgia MLS 2

This listing courtesy of Brian Elrod , NAI Elrod Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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