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524 Vine Street, 
Athens, GA 30601

$2,250,000


28

Beds


28

Baths


14,760

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Brian Elrod

Nai Elrod Group

Last updated:

July 9, 2026, 10:22 AM

MLS#

CL358092

Source:

NC CCAR

About This Home

524 Vine Street

PROPERTY DESCRIPTION: 524 Vine Street is a 28-unit apartment complex situated on 1.49 acres in East Athens, less than a mile from downtown and the University of Georgia campus. All 28 units are one-bedroom, one-bath, giving the property a consistent, easy-to-manage unit mix. The complex is currently 100% occupied with an NOI of $160,125. The 14,760 SF building was constructed in 1985 on a 1.49-acre site in East Athens. The site also includes a 1,500 SF single-family residence that offers a buyer additional income potential through renovation and rental, or possible conversion to a duplex, subject to applicable zoning. LOCATION DESCRIPTION: 524 Vine Street sits in the East Athens neighborhood, directly accessible from Vine Street in Athens-Clarke County. The property is within a short distance of downtown Athens, the University of Georgia, and Athens Regional Medical Center, placing it in a rental market with consistent year-round demand supported by the area's proximity to major employers, the University of Georgia, and Athens Regional Medical Center. East Athens has seen continued investment in recent years as demand for workforce and affordable housing near the UGA campus has grown. The area’s proximity to downtown employers, transit routes, and UGA’s expanding footprint supports stable occupancy for well-maintained multifamily properties at this price point.

Home Facts

Multi-Family

28 Baths

28 Bedrooms

Built in 1985

Price Summary

2,250,000

$152 per Sq. Ft.

MLS #:

CL358092

Last Updated:

July 9, 2026, 10:22 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

28

Bathrooms

Total Bathrooms:

28

Full Bathrooms:

28

Interior

Living Area:

14,760 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Year Built:

1985


Lot

Lot Size (Sq. Ft):

64,904


Finances & Disclosures

Finances

Price:

$2,250,000

Price per Sq. Ft:

$152 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.