RARE 4 Unit Value Add Apartment Building Available for Sale in Athens,GA. Building is a Quadplex with 8BR 8BA 4,256 sq ft, Built 1983. Each unit is large 1,200sq ft 2BR 2BA roommate style floor plan. Each unit is separately metered and tenants are responsible for all utilities. Recent updated exterior full building paint, decks, siding, tree removal etc. Each interior has central heating and cooling. Some HVAC systems are new as of 2020. Two units are already fully remodeled. Value add play here is remodel remaining two interiors and increase rents to market pricing. 2 Units Currently rent for $725/Month Tenants are long term Month to Month 2 renovated units are rented at $1000/Month year lease. Strategy here is to renovate all remaining units to maximize cash flow.
Multi-familyProperty Type
1983Year Built
0.56 acresLot Size
9 spacesParking
Listed by Paga Kamarhie• Drake Realty of GA, Inc.
Bought with Charles Li• Realty Resources ATL, Inc.
Source:FMLS #6852662
Redfin Estimate
$608,883
$224K since sold in May 2021$5,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 22.8% higher than the average sale price ($496K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.56 Acres
Year renovated
1987
Sq. Ft.
4,256
Year built
1983
Style
Other
County
Clarke County
APN
064 048
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
RM-1
Mixed Density Residential District
This district is designed to provide an environment suitable for urban living. The RM district is intended for residential uses and appurtenant community services. This district is designed in such a manner that it can be applied to a wide range of areas due to the range of residential densities possible.
Permitted uses
Include but are not limited to:
Religious facility
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Educational/school
Cemetery
Park & open space
Property details
Parking
Parking Information
# of Total Parking: 9
Parking Features: Parking Lot
Interior
Virtual Tour
Exterior
Property Information
Levels: Two
AccessibilityFeatures: Accessible Bedroom, Ceiling Track, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances
Construction Materials: Cement Siding
Roof: Composition
Property Condition: Updated/Remodeled
Financial
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Cooling: Ceiling Fan(s), Central Air
Heating: Electric, Forced Air
Water Source: Public
Sewer: Septic Tank
Utilities: Cable Available, Electricity Available, Phone Available, Water Available
Location
Multi-Family Information
# Of Units Total: 4
School Information
Elementary School: Oglethorpe Avenue
Middle Or Junior School: Burney-Harris-Lyons
High School: Clarke Central
Location Information
Directions: USE GPS
Clarke - GA
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,256
Stories: 2.0
Lot Size: 0.56 acres
Style: Other
Year Built: 1983
Year Renovated: 1987
County: Clarke County
APN: 064 048
Home facts updated by county records on Jul 17, 2026
Around this home
Schools
Oglethorpe Avenue Elementary School
Public PreK-5 • Assigned • 1.5mi
4/10
Burney-Harris-Lyons Middle School
Public 6-8 • Assigned • 2.1mi
7/10
Clarke Central High School
Public 9-12 • Assigned • 3.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 106° expected this year, 17 days in 30 years
5/10 Wind Factor
25% chance of strong winds in next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Athens, GA • 30606
Average low and high temperatures (°F)
52
32
62
40
72
48
78
55
80
61
87
69
93
74
87
70
83
66
75
54
68
48
58
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$579,000 – $701,000
Sell confidently with a local market expert in Athens. 3 minutes to get started.