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524 Hill Street

Athens, GA 30601
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Bed 8

Bed

Bath 3

Bath

SqFt4,874

Sqft

Acres0.56

Acre(Lot)

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 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,575,000

AD Id : 75187372

MLS Id : CL348664

Beds : 8

Lot Size : 0.56 Acre

Living Area Size : 4,874

Year Built : 1868

County : Clarke

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 3 Half Baths: 3
  • Interior Features

    Appliances: Electric Water Heater Laundry Features: In Bathroom, In Hall, In Kitchen, Laundry Room, Upper Level
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1868 Private Pool: No View: Panoramic

  • Lot Information

    Main Square Feet: 0.56 Acres Lot Size Acres: 0.56 Lot Size Square Feet: 24394

  • Listing Price Information

    Listing Price: $1575000 Cash, Conventional

  • Tax Information

    Parcel Number: 122B2F006

  • Location Information

    Direction: From Prince Avenue, take a right on N. Milledge. Hill Street is on the right, property is at the corner WaterSource: Public
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2022 Oconee Bluff Drive, Athens, GA, 30601 $431,663 3 2 --

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. 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 ByOwner 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. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 06/10/2026 @ 01:35

MLS: CL348664 LISTED BY: Courtney Lawrence, CollegeTown Properties LLC SOURCE: Hive MLS (North Carolina Regional)

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