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495 S Milledge Ave Athens, GA 30605

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For Sale
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17-unit apartment complex near UGA campus for sale.

Type:Multifamily
Property size:
11,052 SF
Added:
Mar 24, 2026
Days on Market:
11
Last Refresh:
Mar 25 at 8:36 am

Property Features for 495 S Milledge Ave

General Information

Standard status
Active
Size
11,052 SF
Property subtype
Multifamily

Building Details

Year Built
1953

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Listing Contact
Josh Chandler
Josh Chandler

Listing agent Josh Chandler License #GA 434395

Listing office Athens Real Estate Group

Listing date Mar 24, 2026

Source Crexi

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 Athens Real Estate Group


Overview

Gran Ellen Apartment Complex

The Gran Ellen Apartment complex, located at the corner of S. Milledge Avenue and Baxter Street in Athens, GA, is available for purchase. This 17-unit apartment complex contains 22 beds and offers potential for investors. The property is grandfathered in for a higher unit density than allowed by current zoning standards. The unit mix includes (4) 2 bed/1.5 bath units, (1) 2 bed/1 bath unit, and (12) 1 bed/1bath units. The property has a history of high occupancy. All but two units are currently tenant occupied; these two units require significant rehabilitation. The property is offered in AS-IS condition. The property size is 11,052 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Athens
County
Clarke
State
Georgia
Longitude
-83.3871972
Latitude
33.9495741

FAQs

What type of property is this?
Apartment building - 17-unit apartment complex near UGA campus for sale.
Where is this apartment building located?
The property is located at 495 S Milledge Ave Athens, GA.
What is the asking price?
The asking price for this property is $2,420,000.
What are key features of this property?
This property features: Grandfathered status allows for higher unit density.; Prime location at the corner of S. Milledge Avenue and Baxter Street, near UGA Campus.; 17‑unit apartment complex with a total of 22 beds.
(706) 207-2521 Call to check price and availability
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