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    Athens, GA
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    Athens, GA Multifamily Properties for Sale

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    Winterville, GA Hull, GA Nicholson, GA Colbert, GA Danielsville, GA Bogart, GA Commerce, GA Watkinsville, GA
    25 properties
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    Well-Maintained Duplex with Two Units
    Updated: Jul 1
    Well-Maintained Duplex with Two Units

    131- 133 Michele Drive, Athens, GA 30606

    $285,000
    1,972 sqft 0.31 AC lot
    Nearly new duplex built in 1988 with two 2‑bedroom, 1 full‑bath units
    Each unit includes a comfortable living area and functional kitchen, plus private outdoor space
    Central heating and central air with electric (heating) and electric cooling
    Brick construction with composition/asphalt roof
    Appliances include dishwasher, microwave, and refrigerator; electric water heater
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    This listing looks promising.

    Here's a quick look at some key insights for

    131- 133 Michele Drive, Athens, GA 30606

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $24K
      Annual

    • Price @ 7% Cap

      $342K
      Above asking

    • Property Type

      Duplex
      Built 1988
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    Duplex with Finished Basements
    Updated: Apr 23
    Duplex with Finished Basements

    1824 Cedar Shoals Drive, Athens, GA 30605

    $669,000
    7,386 sqft 0.75 AC lot
    Large East Side Athens duplex with 12 beds and 8 baths, plus finished basements
    Current leases: through July 2026 at $4,200 total rent, and Aug 2026–July 2027 at $4,500 total rent
    Year built 1998 with central heating and central air conditioning
    Electric water heater; electric heating and electric central air
    Utilities: public water and public sewer
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    Brick Duplex with Updated Unit
    Brick Duplex with Updated Unit

    2005 Hollis Street, Athens, GA 30605

    $244,990
    1,264 sqft 0.39 AC lot

    Solid brick duplex with one tenant-occupied unit and a vacant, rent-ready side updated with LVP and granite.

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    Duplex Income Property
    Duplex Income Property

    121/125 Live Oak Drive, Athens, GA 30606

    $260,000
    1,592 sqft

    Well-kept duplex with two occupied 2-bedroom, 1-bath units and no HOA or condo dues.

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    28-Unit Apartment Complex
    28-Unit Apartment Complex

    524 Vine Street, Athens, GA 30601

    $2,250,000
    14,760 sqft 1.49 AC lot

    Fully occupied one-bedroom units with consistent unit mix and on-site residence add flexibility for income and future redevelopment.

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    Georgetown Apartment Complex Near UGA
    Georgetown Apartment Complex Near UGA

    350 S Pope Street, Athens, GA 30605

    $3,250,000
    15,525 sqft 0.79 AC lot

    10-unit apartment complex near downtown Athens and UGA campus.

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    Duplex Income Property with Yard
    Duplex Income Property with Yard

    260 Park Ridge Dr, Athens, GA 30605

    $294,000
    1,768 sqft 0.60 AC lot

    Two single-level units each offer 2 bedrooms and 1 bathroom, with outdoor space and recent major updates.

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    Residential Income Portfolio with Duplexes
    Residential Income Portfolio with Duplexes

    2815 Riverbend, Athens, GA 30605

    $2,750,000
    11,996 sqft 1.76 AC lot

    Five income-producing homes, including two duplexes and a six-bedroom residence, are offered as a package in Athens.

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    Georgetown Apartments Near UGA Campus
    Georgetown Apartments Near UGA Campus

    350 S Pope St, Athens, GA 30605

    $3,250,000
    15,525 sqft

    22-bed, 10-unit complex near UGA with high occupancy.

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    Athens Duplex with Income Potential
    Athens Duplex with Income Potential

    145 Ramble Hills Circle, Athens, GA 30606

    $311,000
    0.58 AC lot

    Brick duplex ideal for investors or student housing.

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    Duplex with Renovated Units
    Duplex with Renovated Units

    245 Hilltop Road, Athens, GA 30605

    $295,000
    3,738 sqft 0.40 AC lot

    Duplex divided into two leased private units, including renovated main-level and basement two-bedroom residences.

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    East Athens Duplex Investment Opportunity
    East Athens Duplex Investment Opportunity

    148 E Paces Drive, Athens, GA 30605

    $295,000
    1,950 sqft 0.36 AC lot

    Income-producing duplex in East Athens with leases in place.

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    Tenant-Occupied Duplex Income Property
    Tenant-Occupied Duplex Income Property

    540 Aubrey Drive, Athens, GA 30606

    $275,000
    1,856 sqft

    White-brick duplex with two identical units, each offering two bedrooms and one full bath, with new flooring.

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    Athens Senior Living Development Opportunity
    Athens Senior Living Development Opportunity

    280 Harve Mathis Road, Athens, GA 30601

    $1,250,000

    8.47-acre development site for 55+ manufactured home community.

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    Renovated Duplex in Athens, GA
    Renovated Duplex in Athens, GA

    330 Midway Road, Athens, GA 30605

    $310,000
    1,624 sqft 0.48 AC lot

    Newly renovated duplex near shopping and restaurants, leased through July.

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    Duplex with Updated Roof and AC
    Duplex with Updated Roof and AC

    122 Park Ridge Court, Athens, GA 30605

    $294,000
    1,768 sqft 0.70 AC lot

    Two identical 2-bedroom, 1-bath units with recent roof, AC upgrades, and a remodeled unit ready for new occupancy.

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    Skye at Athens Multifamily Community
    Skye at Athens Multifamily Community

    235 Sycamore Dr, Athens, GA 30606

    Contact for pricing

    112-unit multifamily community in Athens, Georgia. 83% renovated.

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    River-Backing Tri-Plex Investment
    River-Backing Tri-Plex Investment

    575 Vaughn Road, Athens, GA 30606

    $425,000
    2.22 AC lot

    Three-unit tri-plex with private decks/porch, washer/dryer hookups, and shared well and septic on wooded acres backing the river.

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    Two-Unit Duplex With Rental Restriction
    Two-Unit Duplex With Rental Restriction

    192 Sunny Hills Drive, Athens, GA 30601

    $359,000
    0.54 AC lot

    Duplex near Sanford Stadium with a 31-plus-day rental rule that may allow owner-occupied short stays.

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    White Brick Duplex with Two Units
    White Brick Duplex with Two Units

    540 Aubrey Drive, Athens, GA 30606

    $275,000

    Tenant-occupied Athens duplex with two two-bedroom, one-bath units and new flooring throughout.

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    Brick Duplex With Updated Vacant Unit
    Brick Duplex With Updated Vacant Unit

    2005 Hollis Street, Athens, GA 30605

    $244,990
    0.39 AC lot

    Solid brick duplex with one updated, move-in-ready unit and one tenant-occupied side producing rental income.

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    Brick Duplex with Updated Unit
    Brick Duplex with Updated Unit

    2000 Hollis Street, Athens, GA 30605

    $250,000
    0.40 AC lot

    Turnkey duplex offering a move-in or rent-ready vacant side plus a tenant-occupied unit.

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    Duplex With Two Leased Units
    Duplex With Two Leased Units

    121 Live Oak Drive, Athens, GA 30606

    $260,000

    Well-kept duplex with two occupied two-bedroom, one-bath units and no HOA, available for sale with showings by appointment.

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    Student Housing Near UGA Campus
    Student Housing Near UGA Campus

    1030 Dr. Martin Luther King Parkway, Athens, GA 30601

    $5,500,000
    22,760 sqft 2.48 AC lot

    Purpose-built student housing near the University of Georgia.

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    Athens, GA Multifamily Properties Market Trends and Statistics

    Explore 28 multifamily properties for sale in Athens, GA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 89,750 square feet of properties for sale, with an estimated market value of $17,176,990.

    Sale prices for multifamily properties in Athens, GA start at $244,990, averaging $1,321,306, and reaching up to $5,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 19
    Apartment buildings 7
    Short term rental properties 3
    Mobile home & RV parks 2
    Triplexes 2

    Demographics Overview

    Population 130K
    Population Growth (5Y) +4.5%
    Median Household Income $52,551
    College Educated 36.6%

    High-Yield Neighborhoods for Investment

    Identify Athens submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    30606 $318K
    30605 $770.7K
    30601 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 3.22%
    Property Tax per SF $55.50 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clarke County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Athens fall within the 100,000+ square foot range.

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