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Two-Unit Duplex Condo

253 Sleepy Creek Drive Athens, GA 30606

253 Sleepy Creek Drive, Athens, GA, 30606
$215,000
For Sale
$215,000

MULTI_FAMILY - Ranch - Athens, GA

Property Size972 SF
Lot Size0.09 Acres
Price / SF$221.19
Days on Market9

Property Features for 253 Sleepy Creek Drive

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
RM-2
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Off Street
Interior features
Pull Down Attic Stairs, Fireplace
Fencing
Chain Link
Fireplace
1
Appliances
Some Electric Appliances, Dishwasher, Gas Water Heater, Oven, Range, Dryer, Refrigerator, Washer
Standard status
Active
APN
132D4-C-008
Size
972 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
SUBD BLK: D,LOT: 8;
Tax Annual Amount
2556

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
1984
Floors in Building
1
Flooring type
Vinyl, Tile
Building materials
Brick
Roof type
Composition
Architectural style
Ranch
Listing Agency Trestle Town Realty, LLC
PO Box 345, Athens, GA
Listed by Carey McLaughlin · License #368071
Added: Jul 9 Checked: Jul 17 at 1:06 pm
MLS# CL360044 Listing URL

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.


Investment Insights

Based on property information with market context.

This duplex-style condo offers 2 bedrooms and 2 full bathrooms, configured in a layout that includes a living area connected to the kitchen. Each side is individually owned, and this listing is for the right side only. The property also features a private back patio that looks out to a fenced backyard.

The home is located in a quiet residential neighborhood and is near the University of Georgia and within walking distance of Five Points and Memorial Park, with convenient access to local dining and shopping.

The kitchen provides cabinet space and opens to the comfortable living area. With a fenced outdoor space and an attached private patio, the home supports straightforward, low-maintenance daily living in a duplex condo configuration.

Key Highlights

  • Ranch‑style 2BR/2BA condo built in 1984
  • Brick construction with composition roof
  • Central heating and central air cooling

Local Financial Insights For Apartment 5plus

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 $21.0k $21.60
− Vacancy −$1.2k −$1.25
EGI $19.8k $20.35
− OpEx −$8.9k −$9.16
NOI $10.9k $11.19
972 SF · lease $21.60/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$155.4K
$136.0K – $181.3K (±1% cap)
NOI $10,878 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$234.3K
$205.0K – $273.4K (±1% cap)
NOI $16,402 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Dental Office Electrical Service Pharmacy Law Firm Hair Salon Kitchen & Bath Showroom Big Box & Wholesale Store Spa & Massage Center Daycare Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - For sale RM-2 duplex-style condo with 2 bedrooms, 2 bathrooms, and a private back patio and fenced backyard.
Where is this single family property located?
The property is located at 253 Sleepy Creek Drive Athens, GA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Ranch‑style 2BR/2BA condo built in 1984; Brick construction with composition roof; Central heating and central air cooling
Contact an agent
More about this property
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