Renovated 4-Unit
117 Mark Twain Circle, Athens, GA 30605
For Sale
$799,000
Residential Income, Athens, GA
Property Size4,032 SF
Lot Size0.38 Acres
Price / SF$198.16
Days on Market64
Property Features for 117 Mark Twain Circle
General Information
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Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
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Parking features
Interior features
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
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Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
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Building Details
Year built
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Listing Agency:
Trestle Town Realty, LLC
Listed By:
Carey McLaughlin · License GA #368071
(706) 255-9294
Added: Sep 10
Changed: Nov 12
Last Checked: Nov 12 at 8:06PM
MLS# CL364411
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.
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Investment Insights
Based on property information with market context.
The 4,032-square-foot quadplex contains four two-bedroom, two-bathroom residences on a 0.384-acre parcel. Renovations include kitchen cabinets, countertops, backsplashes and appliances, along with bathroom vanities, ceiling fans, paint, water heaters and front stairs. Two units also have new LVP flooring. The building was constructed in 1982 and has parking on site.
At 117 Mark Twain Circle in Athens, the property is within walking distance of shopping, restaurants and the UGA Vet School. A Kroger, gas stations, more than 20 restaurants and additional retail are also nearby. All four units have leases extending through July 2027. The property is zoned RM-1.
At 117 Mark Twain Circle in Athens, the property is within walking distance of shopping, restaurants and the UGA Vet School. A Kroger, gas stations, more than 20 restaurants and additional retail are also nearby. All four units have leases extending through July 2027. The property is zoned RM-1.
Key Highlights
- Four 2‑bedroom, 2‑bathroom units
- 4,032 square feet on 0.384 acres
- Leases for all units extend through July 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,964
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,280
$979.3K
Cap Rate 7%
$699,486
$699.5K
Cap Rate 9%
$544,044
$544.0K
Market Conditions
NOI Build-Up for 4,032 SF
Gross rent
$74.0K $18.36/SF
− Vacancy
−$4.1K −$1.01/SF
EGI
$69.9K $17.35/SF
− OpEx
−$21.0K −$5.20/SF
NOI
$49.0K $12.14/SF
Area
Athens, GA
Vacancy
5.51%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,280
Cap Rate 7%
$699,486
Cap Rate 9%
$544,044
Alternative Uses
Best Use
Multifamily LT 5
$699.5K
$612.1K – $816.1K
NOI $48,964 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$644.6K
$564.0K – $752.0K
NOI $45,122 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$972.0K
$850.5K – $1.13M
NOI $68,040 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
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Business Placement
Demographics for 30605, GA
43,205
Population
18,387
Households
2.3
Avg Household Size
28
Median Age
53%
College-Educated
91%
High-School Grad
38.2 sq mi
ZIP Area
1,131
Density / Sq Mi
$48,188
Median Household Income
$24,933
Median Earnings
$1,104
Median Rent
$279,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has two bedrooms and two bathrooms, with leases in place through July 2027.
Where is this quadplex located?
The property is located at 117 Mark Twain Circle Athens, GA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bathroom units; 4,032 square feet on 0.384 acres; Leases for all units extend through July 2027
