Two-Unit Cottage
New
For Sale
$529,900
435 Clover Street, Athens, GA 30606
Residential Income, Athens, GA
Property Size2,352 SF
Lot Size0.34 Acres
Price / SF$225.30
Days on Market3
Property Features for 435 Clover Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
6
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 1, Bathroom 6, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 5
Parking features
Garage, Off Street
Patio and Porch features
Porch, Patio, Deck
Interior features
Ceiling Fan(s), Pull Down Attic Stairs, Fireplace
Exterior features
Deck
Fireplace
1
Appliances
Dishwasher, Electric Water Heater, Oven, Range, Dryer, Refrigerator, Washer
Lot features
City Lot, Level
Directions
Take Loop 10 to Oglethorpe Ave. Turn Right onto Clover Street. Drive down three blocks and the home will be on the left side of the road.
Standard status
Active
APN
122A3 B001
Size
2,352 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
LOT: 105
Legal Description
LOT: 105
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central, Natural Gas, Heat Pump (Heating)
Cooling system
Electric, Heat Pump, Gas (Cooling), Central Air
Water source
Public
Amenities
in-home laundry
private backyard
off-street parking
mature trees
Building Details
Year built
1949
Floors in Building
1
Number of units
2
Flooring type
Hardwood, Vinyl
Building materials
Asbestos, Block, Concrete, Wood Siding
Roof type
Metal, Asphalt
Architectural style
Cape Cod
Additional Structures
Outbuilding
Listing Agency:
EXP Realty LLC
(888) 959-9461
Listed By:
Julian Williams · License #395539
(770) 630-5859
Added: Oct 8
Changed: Oct 9
Last Checked: Oct 10 at 3:06AM
MLS# CL366017
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.
This 1949 property contains two separate dwellings totaling 2,352 square feet on a 0.34-acre lot. The front cottage has 2 bedrooms, 1 bathroom, multiple living areas, and in-home laundry; it is leased through July 2028. The rear residence has 3 bedrooms, 2 bathrooms, and in-home laundry, plus a room that has served as a fourth bedroom for five years. It is currently vacant. The property also has a deck, porch, patio, garage, off-street parking, and a private backyard with mature trees.
Bishop Park is less than half a mile away, and the YMCA is approximately half a mile away. The UGA Health Sciences Campus and Piedmont Athens Regional Hospital are each less than a mile away. Restaurants and other amenities in Normaltown are described as a few blocks away; downtown Athens and UGA's Main Campus are less than 3 miles away.
Recent work includes a new HVAC system in March 2025, insulation installed in June 2024, and a water heater in the rear unit replaced in August 2024.
Bishop Park is less than half a mile away, and the YMCA is approximately half a mile away. The UGA Health Sciences Campus and Piedmont Athens Regional Hospital are each less than a mile away. Restaurants and other amenities in Normaltown are described as a few blocks away; downtown Athens and UGA's Main Campus are less than 3 miles away.
Recent work includes a new HVAC system in March 2025, insulation installed in June 2024, and a water heater in the rear unit replaced in August 2024.
Key Highlights
- Two dwellings with 2,352 square feet combined on a 0.34‑acre lot
- Front cottage has 2 bedrooms, 1 bathroom, multiple living areas, and in‑home laundry
- Rear unit has 3 bedrooms, 2 bathrooms, laundry, and a room used as a fourth bedroom for five years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,562
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$571,240
$571.2K
Cap Rate 7%
$408,029
$408.0K
Cap Rate 9%
$317,356
$317.4K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$43.2K $18.36/SF
− Vacancy
−$2.4K −$1.01/SF
EGI
$40.8K $17.35/SF
− OpEx
−$12.2K −$5.20/SF
NOI
$28.6K $12.14/SF
Area
Athens, GA
Vacancy
5.51%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$571,240
Cap Rate 7%
$408,029
Cap Rate 9%
$317,356
Alternative Uses
Best Use
Multifamily LT 5
$408.0K
$357.0K – $476.0K
NOI $28,562 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$376.0K
$329.0K – $438.7K
NOI $26,321 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$567.0K
$496.1K – $661.5K
NOI $39,690 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
877
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - One dwelling is leased through July 2028, while the other is vacant and available for occupancy or leasing.
Where is this duplex located?
The property is located at 435 Clover Street Athens, GA.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Two dwellings with 2,352 square feet combined on a 0.34‑acre lot; Front cottage has 2 bedrooms, 1 bathroom, multiple living areas, and in‑home laundry; Rear unit has 3 bedrooms, 2 bathrooms, laundry, and a room used as a fourth bedroom for five years
