121/125 Live Oak Drive Athens, GA 30606
MULTI_FAMILY - Athens, GA
Property Features for 121/125 Live Oak Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2
- Parking features
- Off Street
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 061A4 B001
- Size
- 1,592 SF
Taxes and HOA fees
- Tax Description
- SUBD BLK: A,LOT: 9
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1977
- Floors in Building
- 1
- Number of units
- 1
Listing agent Matt Russell License #318902 (706) 201-6190
Listing office Coldwell Banker Upchurch Realty 2405 W Broad St., Athens, GA (706) 543-4000
Listing date May 28, 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.
Investment Insights
Based on property information with market context.
The duplex is located at 121/125 Live Oak Drive in Athens, Georgia (Clarke County), within the 30606 ZIP code. The listing notes no HOA or condo dues, which can simplify ownership and ongoing monthly responsibilities for an investor or owner-operator.
For tenants, the layout provides self-contained 2-bedroom housing on both sides of the property. For buyers, the key takeaway is that the asset is already generating income from both units, and the ownership structure is described as free of HOA or condo dues. This combination of an established duplex layout, occupied leasing status, and lower ownership friction may align well with investors looking for a straightforward multifamily entry point in Athens.
Key Highlights
- Duplex with both sides occupied and leased at $1,200/month total
- 2 bed/1 bath on each side for a consistent layout across the duplex
- Off‑street parking
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 | $29.2k | $18.36 |
| − Vacancy | −$1.6k | −$1.01 |
| EGI | $27.6k | $17.35 |
| − OpEx | −$8.3k | −$5.20 |
| NOI | $19.3k | $12.14 |
