GA
Clarke
Athens
30605
495 S Milledge Avenue
495 S Milledge Avenue, Athens, GA 30605
Share Listing
Listing Type
Multi Family
Listing Status
Active
49
$2,420,000

Home Details for 495 S Milledge Avenue

Price
$2,420,000
Type
Residential Income
Year built
1953
Lot size acres
0.83
County
Clarke
Garage
24
Basement
None
MLS Listing#
10715316
Property Description

Athens Real Estate Group is please to offer the exclusive listing of the Gran Ellen Apartment complex in heart of Athens, GA. Located at the corner of S. Milledge Avenue and Baxter Street, notably one of the most prominent intersections in and around the UGA Campus, this 17 unit, 22 Bed apartment complex offers unique opportunity and upside for willing investors as it is grandfathered in for a higher unit density than allowed by current zoning standards. This property consists of (4) 2 bed/1.5 bath units, (1) 2 bed/1 bath unit, and (12) 1 bed/1bath units that all offer a history of high occupancy with all but two units, which need significant rehab, currently being tenant unoccupied. Ownership recognizes the need for extensive renovation to truly drive this property to its full market potential and are offering the property in AS-IS condition. Please see Agent remarks for tour, contact, and offer information or email joshc@athensreg.com.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
  • Parking
    • Off Street
  • Basement
    • None
School Information
School Information for 495 S Milledge Avenue, Athens, GA 30605
Elementary School
Holston
Middle School
Clarke
High School
Clarke Central
Listing Courtesy: Athens Real Estate Group - 706-549-7417
Georgia MLS logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright ©2026 GAMLS. All rights reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Georgia MLS.
EXIT FOR SALE REALTY
254 W. Franklin St., Hartwell, GA 30643
Office
706 377 2525
Request more details
Code: