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Eight-Unit Brick Apartment Building
For Sale
$2,699,500

159 E Cloverhurst Ave, Athens, GA 30605

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$458.32
Days on Market16

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: Aug 31 Changed: Sep 8 Last Checked: Sep 15 at 11:47AM

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

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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Current Use

Campus Walk Apartment Building

Suggested Use

Top Pick Electrical Service Building Supply Plumbing Service Furniture & Home Goods Locksmith HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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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 $2,699,500.
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
More about this property
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