Six-Unit Apartment
For Sale
$825,000
180 Chalfont Lane, Athens, GA 30606
MULTI_FAMILY - Athens, GA
Property Size6,426 SF
Lot Size0.33 Acres
Price / SF$128.38
Days on Market30
Property Features for 180 Chalfont Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking features
Parking Lot
Appliances
Dishwasher, Electric Water Heater, Disposal, Range, Refrigerator
Lot features
Level
Directions
Take a left from Hawthorne Avenue onto Oglethorpe Avenue toward the bypass. From Oglethorpe Avenue, turn left onto Westchester Drive, right on Chalfont Drive, right onto Chalfont Lane. Units are on the back left of parking.
Standard status
Active
APN
064D4 A009C
Size
6,426 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
SUBD BLK: B ;
Tax Annual Amount
4406
Legal Description
SUBD BLK: B ;
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1972
Floors in Building
2
Number of units
1
Flooring type
Wood, Brick
Building materials
Brick, Wood Siding
Listing Agency:
Coldwell Banker Upchurch Realty
(706) 543-4000
Listed By:
Charlie Upchurch III · License #141093
(706) 540-1810
Added: Jul 1
Changed: Jul 30
Last Checked: Jul 30 at 6:06PM
MLS# CL361389
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.
180 Chalfont is a six-unit apartment building with units that are currently occupied under active leases. The property consists of 6 units, each listed as 1000+ square feet. All units have had some remodeling, and 2 units have been completely remodeled.
The building was constructed in 1972 and features brick and wood siding. Heating is provided by heat pump (heating) and electric systems, with electric central air cooling. Apartments include appliances such as dishwasher, electric water heater, disposal, range, and refrigerator. The property sits on a 0.33-acre lot and includes parking in a parking lot. Water and sewer services are public.
180 Chalfont Lane is convenient to shopping, Georgia Square Mall, and Atlanta Highway in Athens, GA.
The building was constructed in 1972 and features brick and wood siding. Heating is provided by heat pump (heating) and electric systems, with electric central air cooling. Apartments include appliances such as dishwasher, electric water heater, disposal, range, and refrigerator. The property sits on a 0.33-acre lot and includes parking in a parking lot. Water and sewer services are public.
180 Chalfont Lane is convenient to shopping, Georgia Square Mall, and Atlanta Highway in Athens, GA.
Key Highlights
- Six units, each listed as 1000+ square feet, currently occupied with active leases
- All units have had some remodeling; 2 units completely remodeled
- 0.33‑acre lot with parking lot
Financial Insights For Apartment 5plus
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 | $138.8k | $21.60 |
| − Vacancy | −$8.1k | −$1.25 |
| EGI | $130.8k | $20.35 |
| − OpEx | −$58.8k | −$9.16 |
| NOI | $71.9k | $11.19 |
6,426 SF · lease $21.60/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.03M
$898.9K – $1.20M
NOI $71,913 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,438 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Explore this area
Business Placement
Demographics for 30606, GA
46,798
Population
22,603
Households
2.1
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
30.7 sq mi
ZIP Area
1,524
Density / Sq Mi
$61,397
Median Household Income
$35,854
Median Earnings
$1,222
Median Rent
$332,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit apartment building with active leases and remodeled interiors, including two fully remodeled units.
Where is this apartment building located?
The property is located at 180 Chalfont Lane Athens, GA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Six units, each listed as 1000+ square feet, currently occupied with active leases; All units have had some remodeling; 2 units completely remodeled; 0.33‑acre lot with parking lot
