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28 Beds
28 Baths
14,760 sqft

$2,250,000

524 Vine Street, Athens GA, 30601

Price per sqft$152.44
Built in1985
Property size14,760 sqft
Property typeMulti-family

Overview

Active

Listed Jun 11, 2026

Updated Aug 20

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.

$14,969/mo

Est. mortgage payment based on a $2,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL358092

Interior Features

Bedrooms
28
Bathrooms
28
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.49 Acres

Other Property Details

View
Yes

Courtesy of NAI Elrod Group with Brian Elrod,
Listing Contact: (678) 859-6110 

 

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Data last updated 3:11 AM UTC, 8/20/2026

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