Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    559 Pulaski St Athens, GA 30601

    Sponsored
    For Sale
    $1,368,800

    MULTI_FAMILY - Athens, GA

    Property size:
    2,208 SF
    Lot size:
    0.65 Acres
    Days on Market:
    30
    Last Refresh:
    Feb 21 at 8:06 am

    Property Features for 559 Pulaski St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    RS-8
    Rooms
    Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 4, Bedroom 2
    Bedrooms
    6
    Bathrooms
    3
    APN
    163C4 C016
    Appliances
    Electric Water Heater
    Size
    2,208 SF
    Lot size
    0.65 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Heat Pump, Electric
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    3
    Building materials
    Block
    Roof type
    Metal

    We can help!

    Listing Contact
    Daniel Bennett
    Daniel Bennett

    Thrive.RealEstate LLC (706) 425-4000

    Listing agent Daniel Bennett (706) 425-4000 License #345850

    Listing date Jan 23, 2026

    MLS# CL341141

    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.

    Learn more

    Property Insight Report

    Overview

    Restored Cottages Near Downtown Athens

    Located in the Pulaski Street Historic District, one block from Downtown Athens, this property features three fully restored 2-bedroom, 1-bathroom "Mill Houses." Each home, a recipient of the 2018 Athens-Clarke Heritage Best Restoration Award, includes ceramic tile, LVP maple floors, brushed nickel fixtures, granite countertops, stainless steel appliances, and an in-unit washer/dryer. The all-electric, energy-efficient homes have double thermal windows, with utilities costing approximately $60-$85 per month. The property is designed as a private three-home community with tropical landscaping, Caribbean-inspired colors, and Dutch hip metal roofs. Each home has a 100 sq. ft. deck with built-in bench seating and two parking spaces, with three additional on-street parking passes available, totaling nine parking spaces. The property is situated 100 feet off Pulaski Street, buffered by mature landscaping and natural greenery. Bus stops nearby provide access to Downtown, UGA, Sanford Stadium, and greenway trails. The property, zoned RS-8, is suitable for investors, owner-occupants, short-term rentals, or condo conversion. The property size is 2208 square feet and the lot size is 0.65 acres. The property is near shops, restaurants, entertainment, cultural landmarks, the University of Georgia campus, and Athens' greenway trails.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Cottages Apartment Building

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Clarke
    State
    Georgia
    Longitude
    -83.381809
    Latitude
    33.962461

    Nearby Similar for Sale

    • $889,000
      3,800 SF

      Medical Office Space in Athens

      Flexible medical office space in established Bishop Professional Park.
      700 Sunset Dr, Athens, GA 30606
      View Details
    • $1,150,000
      4,174 SF

      High-Visibility Commercial Property, Athens

      Prime commercial opportunity in a high-traffic Athens corridor.
      2000 W Broad St, Athens, GA 30606
      View Details
    • $345,000
      Pending

      Athens Ranch with Basement Apartment

      Spacious ranch with basement apartment near UGA East Campus.
      325 Segrest Cir, Athens, GA 30605
      View Details
    • $345,000
      Pending

      Athens Multifamily with Basement Apartment

      Multifamily property near UGA with a finished basement apartment.
      325 Segrest Cir, Athens, GA 30605
      View Details
    • New
      $435,000
      3,762 SF

      East Athens Tri-plex Investment

      Tri-plex in East Athens with leasing and re-lease opportunities.
      250 Highland Park Dr, Athens, GA 30605
      View Details
    • $325,000
      1,940 SF

      Athens Duplex: Investment Opportunity

      Well-maintained duplex in Athens with leases in place.
      360 Lexington Hts, Athens, GA 30605
      View Details
    • Contact for pricing
      0.01 Acres

      Tailgating Land Near UGA Stadium

      Landscaped parking space for tailgating near Sanford Stadium.
      225 Oak St, Athens, GA 30605
      View Details
    • Contact for pricing
      0.01 Acres

      Tailgating Land Near UGA Stadium

      Landscaped parking space near Sanford Stadium with tailgating amenities.
      225 Oak St, Athens, GA 30605
      View Details
    • Contact for pricing
      0.01 Acres

      Tailgating Lot Near UGA Stadium

      Deeded parking space for tailgating near Sanford Stadium.
      225 Oak St, Athens, GA 30605
      View Details
    • Contact for pricing
      0.01 Acres

      Land Near UGA Stadium

      Landscaped parking space near Sanford Stadium in Athens, Georgia.
      225 Oak St, Athens, GA 30605
      View Details
    • Contact for pricing
      0.01 Acres

      Tailgating Space Near UGA Stadium

      Deeded parking space for tailgating near Sanford Stadium.
      225 Oak St, Athens, GA 30605
      View Details
    • $375,000
      0.54 Acres

      Athens Duplex Near Sanford Stadium

      Duplex near UGA, potential for long-term rental income.
      192 Sunny Hills Dr, Athens, GA 30601
      View Details

    FAQs

    What type of property is this?
    Triplex - Three restored homes in historic district, near downtown Athens.
    Where is this triplex located?
    The property is located at 559 Pulaski St Athens, GA.
    What is the asking price?
    The asking price for this property is $1,368,800.
    What are key features of this property?
    This property features: - Prime location: One block from Downtown Athens in the Pulaski Street Historic District.; - Three fully restored, move-in ready 'Mill Houses' with modern finishes (granite, stainless steel, LVP flooring).; - Award-winning restoration (2018 Athens-Clarke Heritage Best Restoration Award).
    (706) 340-6066
    Request Owner's contact information
    559 Pulaski St Athens, GA 30601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    559 Pulaski St
    Athens, GA 30601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    559 Pulaski St Athens, GA 30601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Daniel Bennett
    Daniel Bennett
    Real Estate License ID: 345850
    (706) 340-6066 (706) 425-4000
    Learn more
    Google sign-in failed. Please try again or use another login method.