$2,250,000
524 Vine Street, Athens GA 30601
Athens, GA, 30601
14,760 sq ft
Listing Courtesy of: NAI Elrod Group
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.
- Property type
- Commercial
- Year built
- 1985
- Lot size
- 1.49 ac
- Annual tax
- $16,820
- MLS #
- 10783753
Recently sold
These are past sales of other homes, not an estimate of this home’s value.
Similar homes in Athens
$1,995
215 Tallassee Road # C, Athens GA 30606
Athens, GA
2,059 sq ft
Listing Courtesy of: Keller Williams Greater Athens
$1,250,000
2850 Commerce Road, Athens GA 30607
Athens, GA
Est. $6,321/mo · 20% down · 6.5% (illustrative)
Listing Courtesy of: Keller Williams Greater Athens
$3,645
215 Tallassee Road, Athens GA 30606
Athens, GA
5,000 sq ft
Listing Courtesy of: Keller Williams Greater Athens
Georgia MLS (GAMLS)© 2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed