131 S Milledge Avenue, Athens, GA 30605

$1,395,000

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Property Description

Four walls, four units, four separate meters - and a location that speaks for itself. Set on Milledge Ave directly across from the ADPi house at the corner of Broad, this circa-1920s stucco quadplex puts tenants in the middle of everything without sacrificing the character of an established Athens neighborhood. Zoned commercial and currently rented, with income details available upon request. The main level holds two spacious 3-bedroom/1-bath units, each with hardwood floors, central heat and air, and its own private deck. Downstairs offers a 1-bedroom/1-bath unit and a 2-bedroom/1-bath unit, both with central heat and air and their own outdoor space. Each unit is separately metered for gas and electric, with tenants covering those utilities and the owner covering water - a straightforward setup for a new owner. Deep front porches, arched entries, and mature shade trees give the property real curb presence, while ample on-site parking is a rare find this close to campus. This is the kind of address that rarely comes up for sale - walkable, established, and positioned on one of Athens most recognized corridors. Whether your are expanding a rental portfolio or securing a foothold in one of the city's tightest markets, this quadplex offers immediate income potential with long-term upside.

131 S Milledge Avenue | MLS# 10840103

This multi-family property located at 131 S Milledge Avenue, Athens, GA 30605 is currently listed for sale with an asking price of $1,395,000. Search Athens real estate on www.janshields.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry
Cooling: Central Air, Electric
Heating: Central
Lot Size: 0.39 Acres
Stories: 2.0
Taxes: $11,398
Year Built: 1965

Feature Descriptions

Amenities: Sidewalks, Street Lights, Near Public Transport, Walk To Schools
Days on Site: 2
Exterior: Stucco
Foundation: Block
Parking Notes: Assigned, Off Street, Over 1 Space per Unit
Sewer: Public Sewer
Units: 4
Utilities: Underground Utilities
Water: Public

Local Schools

High School: Clarke Central
Middle School: Clarke
Elementary School: Barrow

Listed By / Shown By

Listed By

Agency Name: Dwell Real Estate
Agency Phone: 706-612-5576

Shown By

Agent Name: Jan Shields
Agent Phone: (904) 891-6331
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 8,388.58 per month $7,031.88 Principal & Interest $949.83 Property Tax $406.88 Homeowner's Insurance

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