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524 Vine Street

Athens, GA 30601
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Bed 28

Bed

Bath 28

Bath

SqFt14,760

Sqft

Acres1.49

Acres(Lot)

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 driven by students, university staff, and healthcare workers. 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,250,000

AD Id : 83860106

MLS Id : CL358092

Beds : 28

Lot Size : 1.49 Acres

Living Area Size : 14,760

Year Built : 1985

County : Clarke

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Feature Features

  • Bedroom Information

    Total beds: 28

    Bathroom Information

    Total Baths: 28 Full Baths: 28
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Wall Furnace Has Cooling: Yes Cooling: Electric, Wall Unit(s)

  • Building Information

    Year Built: 1985 Construction Materials: Brick Private Pool: No View: Panoramic

  • Lot Information

    Main Square Feet: 1.49 Acres Lot Size Acres: 1.49 Lot Size Square Feet: 64904

  • Listing Price Information

    Listing Price: $2250000 Cash, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 172A4 B002

  • Utility Information

    Underground Utilities
  • Location Information

    Direction: From the 10 Loop, exit at Peter Street. Take N Peter Street for 0.6 miles. Turn left on Vine Street in 0.3 miles, the property will be on your right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
192 Sunny Hills Drive, Athens, GA, 30601 $359,000 -- -- --
1030 Dr. Martin Luther .., Athens, GA, 30601 $5,500,000 65 65 22,760 22,760 SqFt

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 06/22/2026 @ 18:38

MLS: CL358092 LISTED BY: Brian Elrod, NAI Elrod Group SOURCE: Hive MLS (North Carolina Regional)

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