524 Vine Street, Athens, GA 30601

524 Vine Street is a 28-unit apartment complex with a consistent, easy-to-manage layout: all units are one-bedroom, one-bath. The 14,760 SF apartment building was constructed in 1985 and sits on a 1.49-acre site. The property is currently 100% occupied, and it is generating an NOI of $160,125. The site also includes a 1,500 SF single-family residence, which may provide additional income through renovation and rental, or possibly be converted to a duplex, subject to applicable zoning.

Located in the East Athens neighborhood, the property is directly accessible from Vine Street in Athens-Clarke County. It is less than a mile from downtown and within close proximity to the University of Georgia and Athens Regional Medical Center. This positioning supports a rental market anchored by major employers and the university, with demand that aligns with the area’s year-round tenant base.

For investors and owner-operators, the property’s uniform unit mix can simplify leasing and turnover while maintaining a straightforward operational profile across 28 one-bedroom homes. The included single-family residence offers an additional path to enhance the site depending on renovation goals, with options also subject to zoning. Overall, the asset is designed for income-focused buyers seeking a well-maintained multifamily configuration near core East Athens employment and education drivers.