REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Suzy Paul

suzy@suzysellsga.com +1(706) 972-2818

$ 2,250,000

Est. payment | -/mo

14,760 SqFt

Save

$ 2,250,000

Est. payment | -/mo

Save

14,760 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status New

Purchase Type For Sale

Square Footage 14,760 sqft

Price per Sqft $152

Subdivision No Subdivision

MLS Listing ID 10783753

HOA Y/N No

Year Built 1985

Annual Tax Amount $16,820

Tax Year 2025

Lot Size 1.490 Acres

Acres 1.49

Lot Dimensions 1.49

Property Sub-Type Commercial

Source Georgia MLS 2

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 driven by students, university staff, and healthcare workers. 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.

Location

State GA

County Clarke

Zoning RM-2

Rooms

Bedroom Description No

Other Rooms Other

Interior

Heating Electric

Cooling Electric

Flooring Other

Fireplace No

Exterior

Parking Features Parking Lot

Fence Chain Link, Fenced

Utilities Available Underground Utilities

View Y/N No

Roof Type Metal

Garage No

Private Pool No

Building

Lot Description Corner Lot, Level, Near Public Transit

Faces From the 10 Loop, exit at Peter Street. Take N Peter Street for 0.6 miles. Turn left on Vine Street in 0.3 miles, the property will be on your right.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID 172A4 B002

Special Listing Condition Resale

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(706) 972-2818

suzy@suzysellsga.com

Ellijay, GA, 30540, USA

Learn More About LPT Realty

524 Vine ST Athens, GA 30601