Multi Family at 524 Vine Street, Athens
Multi Family at 524 Vine Street, Athens, photo 2 of 5
Multi Family at 524 Vine Street, Athens, photo 3 of 5
Multi Family at 524 Vine Street, Athens, photo 4 of 5
Multi Family at 524 Vine Street, Athens, photo 5 of 5
5 photos

$2,250,000

524 Vine Street
Athens, GA 30601
Listed by Brian Elrod · NAI Elrod Group
Bedrooms
28
Bathrooms
28
Living area
14,760 sqft
Year built
1985

About this home

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.

Property details

MLS
Hive MLS
MLS #
CL358092
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
26
On market date
June 11, 2026
Stories
N/A
Total bathrooms
28
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.49 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Michael R. Hollis Innovation Academy
0.6 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
739
Student:teacher ratio
11.2:1
District
Atlanta Public Schools
MiddleCharter
KIPP WAYS Academy Charter School
0.9 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
382
Student:teacher ratio
12.3:1
District
Atlanta Public Schools
High
Booker T. Washington High School
1.28 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
862
Student:teacher ratio
13.9:1
District
Atlanta Public Schools

Walkability

Blended score for Athens's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

65
Walkable
out of 100
EPA National Walkability Index
13.0 / 20 -- Above average walkable

Mortgage calculator

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Est. monthly payment
$13,700/mo
$450,000 down
$1,800,000 loan
Principal & interest$11,675
Property tax (est.)$1,875
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.