131- 133 Michele Drive, Athens, GA 30606
MULTI_FAMILY - Ranch - Athens, GA
- Added:
- Jul 1, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 4 at 6:06 pm
Property Features for 131- 133 Michele Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- RS-5
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2
- Interior features
- Ceiling Fan(s)
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Refrigerator
- Standard status
- Active
- APN
- 064C2-A-007
- Size
- 1,972 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SUBD BLK: A,LOT: 7;
- Tax Annual Amount
- 2309
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1988
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick
- Roof type
- Asphalt, Composition
- Architectural style
- Ranch
Listing agent Jennifer Westmoreland License #168937 (706) 202-9953
Listing office Coldwell Banker Upchurch Realty 2405 W Broad St., Athens, GA (706) 543-4000
Listing date Jul 1, 2026
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with two units, each offering 2 bedrooms and 1 full bathroom
- Private outdoor space included with each unit
- Built in 1988; brick construction with ranch architectural style
- Central electric HVAC: central air cooling and central electric heating
- Appliances include dishwasher, microwave, and refrigerator
- Public utilities: public water and public sewer; roof is asphalt/composition
Overview
Located at 131-133 Michele Drive in Athens, Georgia (Clarke County), the duplex is zoned RS-5. The listing notes a west-side position with quick access to the Athens Perimeter and proximity to shopping, restaurants, grocery stores, medical facilities, and the University of Georgia, placing everyday conveniences within a short distance.
For tenants and buyers, the configuration supports flexible occupancy scenarios, including renting both units or living in one while leasing the other. The combination of two complete living units, private outdoor space, and a low-maintenance duplex format can appeal to owner-occupants seeking rental help as well as investors seeking a manageable residential income property. The property sits on a 0.3056-acre lot and is listed at 1,972 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.2k | $18.36 |
| − Vacancy | −$2.0k | −$1.01 |
| EGI | $34.2k | $17.35 |
| − OpEx | −$10.3k | −$5.20 |
| NOI | $23.9k | $12.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Clarke
- State
- Georgia
- Longitude
- -83.442232
- Latitude
- 33.963466
