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Eight-Unit Brick Apartment Building

159 E Cloverhurst Ave, Athens, GA 30605

For Sale
$2,649,500

Updated flats feature in-unit laundry, individual heat-pump HVAC, and refreshed kitchens and baths.

Property Size5,890 SF
Lot Size0.36 Acres
Price / SF$449.83
Days on Market67

Property Features for 159 E Cloverhurst Ave

General Information

Standard status Active
Size 5,890 SF
Total Parking Spaces 16
Lot size 0.36 Acres
Property subtype Multi-Family

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8
Parking per Unit 2

Amenities

in-unit stacked laundry

Building Details

Year Built 1972
Buildings 1
Construction brick
Listing Agency: Thrive.RealEstate LLC
Listed By: Daniel Bennett · License #345850
Source: Myhomesearchtriangle
Added: Sep 1 Changed: Nov 1 Last Checked: Nov 6 at 9:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thrive.RealEstate LLC

Rey
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Investment Insights

Based on property information with market context.

Campus Walk is an eight-unit apartment building with an all-brick exterior and eight one-bedroom, one-bath flats. Each residence measures approximately 670+/- square feet and includes individual heat-pump HVAC, stacked in-unit laundry, and luxury vinyl-tile flooring. Improvements completed since 2015 include a commercial membrane roof, double-pane windows, a new parking lot, and updated kitchens and bathrooms. Ownership reports an operating-expense ratio near 34%.

The property occupies a 0.36-acre infill parcel at 159 E Cloverhurst Ave in Athens, Georgia, within the Five Points district and south of the University of Georgia. On-site parking totals 16 spaces, providing two spaces per unit.

Key Highlights

  • Eight one‑bedroom, one‑bath flats in a single all‑brick building
  • Each unit measures approximately 670+/- square feet
  • 16 on‑site parking spaces, or two per unit

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,274
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated flats feature in-unit laundry, individual heat-pump HVAC, and refreshed kitchens and baths.
Where is this apartment building located?
The property is located at 159 E Cloverhurst Ave Athens, GA.
What is the asking price?
The asking price for this property is $2,649,500.
What are key features of this property?
This property features: Eight one‑bedroom, one‑bath flats in a single all‑brick building; Each unit measures approximately 670+/- square feet; 16 on‑site parking spaces, or two per unit
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