Excellent investment opportunity in the heart of downtown Athens, GA. This well-maintained 4-bedroom, 4-bath property is currently leased for $2,700/month through July 2026(then increasing to $2,999 until July 2027) , offering immediate and stable rental income for investors. The main level features an open-concept layout that creates a bright, functional living space ideal for tenants. The thoughtful floor plan includes three bedrooms and three baths upstairs with convenient upstairs laundry, plus a private one-bedroom, one-bath suite downstairs. The home showcases durable LVP flooring and has been consistently well cared for, making it a low-maintenance addition to any portfolio. This property is also available as part of a package with two additional properties offered together for $1.3 million, presenting a rare chance to acquire a strong, income-producing portfolio in a prime downtown location.
Single-familyProperty Type
2009Year Built
10,454 sq ftLot Size
$211Price/Sq.Ft.
Listed by Danielle Grier• Georgia Home Partners Realty
Bought with Sandra Shurling• RE/MAX Vision Lake Country
Est. $3,008 per month, based on comparable rentals
Sale and tax history for 261 Arch St
Sale History
Tax History
Date
Event
Price
GAMLS #10693559
May 29, 2026
Sold
$410,000
$211/sq ft
Apr 26, 2026
Pending
—
Mar 28, 2026
Price Changed
$425,000
$219/sq ft
Feb 18, 2026
Listed
$475,000
$245/sq ft
No Showings Until Binding Contract! Excellent investment opportunity in the heart of downtown Athens, GA. This well-maintained 4-bedroom, 4-bath property is currently leased for $2,700/month through July 2026(then increasing to $2,999 until July 2027) , offering immediate and stable rental income for investors. The main level features an open-concept layout that creates a bright, functional living space ideal for tenants. The thoughtful floor plan includes three bedrooms and three baths upstairs with convenient upstairs laundry, plus a private one-bedroom, one-bath suite downstairs. The home showcases durable LVP flooring and has been consistently well cared for, making it a low-maintenance addition to any portfolio. This property is also available as part of a package with two additional properties offered together for $1.15 million, presenting a rare chance to acquire a strong, income-producing portfolio in a prime downtown location.
Hive MLS #CL349343
May 29, 2026
Sold
$410,000
$211/sq ft
Apr 26, 2026
Pending
—
Mar 28, 2026
Price Changed
$425,000
$219/sq ft
Feb 18, 2026
Listed
$475,000
$245/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$6,085 (+3.2%)
$24,000 + $171,970
$195,970
2025
$5,895 (+6.0%)
$24,000 + $165,844
$189,844
2024
$5,560 (+14.0%)
$24,000 + $153,931
$177,931
2023
$4,878 (−1.8%)
$24,000 + $153,931
$177,931
2022
$4,970 (+17.2%)
$18,000 + $138,103
$156,103
2021
$4,239 (+11.5%)
$16,000 + $139,791
$155,791
2020
$3,802 (+18.6%)
$10,400 + $102,417
$112,817
2019
$3,206 (+31.2%)
$10,400 + $102,417
$112,817
2018
$2,445 (+10.1%)
$10,400 + $84,044
$94,444
2017
$2,221 (+15.9%)
$10,400 + $55,020
$65,420
2016
$1,916 (+3.1%)
$10,400 + $55,020
$65,420
2014
$1,859
$10,400 + $44,208
$54,608
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
2
Lot width
51 ft.
Lot depth
225 ft.
Lot size
10,454 Sq. Ft.
Year renovated
2009
Sq. Ft.
1,942
Year built
2009
Style
Single Family Residential
County
Clarke County
APN
172A4 B032A
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
RS-5
Single-Family Residential District
The purpose of the RS district is to stabilize and protect the owner occupied housing characteristics of the district and to promote and encourage a suitable environment for family life.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Infrastructure
Cemetery
Park & open space
Property details
Interior
Virtual Tour
Bedroom Information
Main Level Bedrooms: 1
Bathroom Information
# of Full Bathrooms: 4
# of Main Level Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air, Electric
Has Heating
Heating: Central, Electric
Interior Features
Appliances: Electric Water Heater
Room Information
Laundry Features: Upper Level
Exterior
Building Information
# of Stories Total: 2
Construction Materials: Other
Property Features
Has View
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Size : 0.24
Lot Size Area: 0.24
Lot Size Units: Acres
Lot Size Acres: 0.24
Utilities
Utility Information
Water Source: Public
Utilities: Underground Utilities
Sewer: Public Sewer
Location
Location Information
Directions: From GA-10 Loop E, Take Exit 9 for Peter. Turn left on Olympic Dr/ N Peter St. Turn left on Arch Street. Home on left.
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 1,942
Stories: 2.0
Lot Size: 10,454 square feet
Style: Single Family Residential
Year Built: 2009
Year Renovated: 2009
County: Clarke County
APN: 172A4 B032A
Home facts updated by county records on Oct 9, 2026
Other
Listing Information
List AOR: Athens Area Association of REALTORS
Around this home
Schools
Gaines Elementary School
Public PreK-5 • Assigned • 2.3mi
2/10
Hilsman Middle School
Public 6-8 • Assigned • 2.2mi
3/10
Cedar Shoals High School
Public 9-12 • Assigned • 2.8mi
2/10
Provided by GreatSchools
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
6/10 Wind Factor
27% 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 • 30601
Average low and high temperatures (°F)
52
33
61
40
72
48
78
55
80
62
87
69
92
74
83
68
82
64
75
54
67
47
57
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
39/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4.5 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$452,000 – $547,000
Sell confidently with a local market expert in Athens.