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

159 E Cloverhurst Avenue, Athens, GA 30605

Residential Income, Athens, GA

Property Size5,890 SF
Lot Size0.36 Acres
Price / SF$458.32
Days on Market48

Property Features for 159 E Cloverhurst Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM-1
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 4, Bathroom 7, Bathroom 2, Bathroom 8, Bedroom 3, Bedroom 2, Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 6, Bedroom 8, Bathroom 5, Bathroom 6, Bedroom 4, Bathroom 1, Bathroom 3
Appliances Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
Subdivision E Y Whitehead Prop
Directions From Milledge Avenue turn on West Cloverhurst Street and head east toward UGA, continue on to E. Cloverhurst Street and the property will be on your left in 0.1 miles.
Standard status Active
APN 171C3-F-010
Size 5,890 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 159 E CLOVERHURST AVE
Tax Annual Amount 15801
Legal Description 159 E CLOVERHURST AVE

Utilities

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

Amenities

in-unit laundry

Building Details

Year built 1972
Floors in Building 2
Number of units 8
Building materials Brick
Listing Agency: Thrive.RealEstate LLC
Listed By: Daniel Bennett · License #345850
Added: Sep 4 Changed: Oct 20 Last Checked: Oct 21 at 1:06AM
MLS# CL363984

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.

This 5,890-square-foot apartment property comprises eight one-bedroom, one-bath flats in a single all-brick building. Each residence measures approximately 670+/- square feet and includes individual heat-pump HVAC, stacked in-unit laundry, luxury vinyl-tile flooring, and a full appliance package. Public water and sewer serve the property, which was built in 1972 and is zoned RM-1.

The 0.36-acre infill parcel includes 16 on-site parking spaces, providing two spaces per unit. Capital improvements completed since 2015 include a commercial membrane roof, double-pane windows, HVAC updates, a new parking lot, and refreshed kitchens and bathrooms. The property is located in Athens’ Five Points district on the south side of the University of Georgia.

Key Highlights

  • Eight one‑bedroom, one‑bath flats in a single all‑brick building
  • 5,890 square feet on a 0.36‑acre parcel
  • Approximately 670+/- square feet per residence

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
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

Frequently Asked Questions

What type of property is this?
Apartment building - Eight one-bedroom residences offer private laundry, heat-pump HVAC, and updated kitchens and baths.
Where is this apartment building located?
The property is located at 159 E Cloverhurst Avenue 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; 5,890 square feet on a 0.36‑acre parcel; Approximately 670+/- square feet per residence
More about this property
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