Rare opportunity to own a high-visibility corner property at the intersection of Milledge Avenue and Hill Street, one of Athens’ most recognizable and heavily traveled locations. This spacious 8-bedroom property is currently occupied by commercial tenants, providing immediate income potential, while also offering the flexibility to be rezoned for residential… Read More use. With its prime location near UGA, downtown Athens, and established residential neighborhoods, this property presents a compelling investment for those seeking long-term appreciation, redevelopment, or income generation. The existing layout allows for multiple use scenarios, including residential conversion, student housing, or continued commercial operation (buyer to verify zoning and use). Highlights: • Prime corner lot at Milledge Ave & Hill St • 8 bedrooms / 3 half baths • Currently income-producing with commercial tenants • Potential for rezoning to residential • Excellent visibility and accessibility • Strong investment and redevelopment potential • Close to University of Georgia, downtown, and campus amenities Ideal for investors looking to reposition a well-located property in a high-demand Athens market. Whether held as a rental, redeveloped, or converted to residential use, this property offers versatility and upside rarely found at this location. Reach out to Heather for more info on commercial tenants and timing. Read Less
Courtesy of Courtney Lawrence, CollegeTown Properties LLC
Listing Snapshot
Days Online
54
Last Updated
Property Type
Single Family Residence
Beds
8
Partial Baths
3
Square Ft.
4,874
Lot Size
0.56 Acres
Year Built
1868
MLS Number
CL348664
30 Days Snapshot Of 30601
$332k
-19%
(avg) sold price
8
+33%
homes sold
76
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Electric Water Heater"
Building
Built in 1868, Architectural style: "Colonial", Living area units: Square Feet, 2 total stories
Community
"None"
Cooling
"Central Air", "Electric"
Heating
"Central", "Electric"
Laundry
"In Bathroom", "In Hall", "In Kitchen", "Laundry Room", "Upper Level"
Lot
0.56 acres, 24,394 sqft
Tenant Pays
"Cable TV", "Electricity", "Gas"
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of . All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor CollegeTown Properties LLC shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
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