524 Vine Street, Athens, GA 30601
Local realty services provided by:Better Homes and Gardens Real Estate Treasure
Listed by: brian elrod
Office: nai elrod group
MLS#:CL358092
Source:NC_CCAR
Price summary
- Price:$2,250,000
- Price per sq. ft.:$152.44
About this home
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....
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Home facts
- Year built:1985
- Listing ID #:CL358092
- Added:52 day(s) ago
- Updated:August 03, 2026 at 10:20 AM
Rooms and interior
- Bedrooms:28
- Total bathrooms:28
- Full bathrooms:28
- Living area:14,760 sq. ft.
Heating and cooling
- Cooling:Wall Unit(s)
- Heating:Electric, Heating, Wall Furnace
Structure and exterior
- Roof:Metal
- Year built:1985
- Building area:14,760 sq. ft.
- Lot area:1.49 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
Finances and disclosures
- Price:$2,250,000
- Price per sq. ft.:$152.44
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