131 S Milledge Avenue Athens, GA $ 1,395,000
131 S Milledge Avenue
$ 1,395,000
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131 S Milledge Avenue

Athens, GA, 30605
$ 1,395,000
Bedrooms9 Baths4.0 Sq 3,747

Monthly Estimate*

$ 8,808

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Multi-Family Home for sale in Athens, GA

for $1,395,000 with 9 bedrooms and 4 full baths. This 3,747 square foot home was built in 1965 on a lot size of 0.39.

Four walls, four units, four separate meters — and a location that speaks for itself. Set on Milledge Ave directly across from the ADPi house at the corner of Broad, this circa-1920s stucco quadplex puts tenants in the middle of everything without sacrificing the character of an established Athens neighborhood. Zoned commercial and currently rented. Four walls, four units, four separate meters - and a location that speaks for itself. Set on Milledge Ave directly across from the ADPi house at the corner of Broad, this circa-1920s stucco quadplex puts tenants in the middle of everything without sacrificing the character of an established Athens neighborhood. Zoned commercial and currently rented, with income details available upon request. The main level holds two spacious 3-bedroom/1-bath units, each with hardwood floors, central heat and air, and its own private deck. Downstairs offers a 1-bedroom/1-bath unit and a 2-bedroom/1-bath unit, both with central heat and air and their own outdoor space. Each unit is separately metered for gas and electric, with tenants covering those utilities and the owner covering water - a straightforward setup for a new owner. Deep front porches, arched entries, and mature shade trees give the property real curb presence, while ample on-site parking is a rare find this close to campus. This is the kind of address that rarely comes up for sale - walkable, established, and positioned on one of Athens most recognized corridors. Whether your are expanding a rental portfolio or securing a foothold in one of the city's tightest markets, this quadplex offers immediate income potential with long-term upside.

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Multi-Family Active

Price

$ 1,395,000

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,398

Style

Quadruplex

Lot Size

0.39

Year Built

1965

Town/City

Athens

County/Region

Clarke

MLS | Web ID

CL363762

Features
General
Living Area 3747.0
Heating Central Gas
Cooling Central Air Electric
Utilities Underground Utilities
Possession Subject To Tenant Rights
Roof Composition
Appliances Some Gas Appliances Cooktop Dishwasher Gas Water Heater Dryer Refrigerator Washer
Zoning C-O
Patio/Porch Features Deck
Construction Materials Stucco
Year Built 1965
Property Subtype Quadruplex
Tax Year 2025
Taxes 11398.0
Parcel Number 171A3-K-004
County Clarke
New Construction N
Property Type Residential Income
In City Limits? (Y/N) N
HOA N
Attached Garage N
Garage Y/N N
Full Baths 4
Status Active
Directions From the intersection of Broad Street and Milledge Ave head south on Milledge and the house is the second on the left. There is a parking lot behind the house that can also be accessed from Broad St
City Athens
Zoning Description Commercial
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 16988.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Ownership Type Investor
Property Sub Type Additional Quadruplex
Expected Active Date 2026-09-02
Legal Description 131 S MILLEDGE AVE
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Interior
Interior Amenities Ceiling Fan(s) Fireplace
Flooring Hardwood Vinyl
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
Laundry Features In Kitchen
Total Bedrooms 9
Main Level Bathrooms 0
Total Baths 4
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Exterior
Exterior Amenities Deck
Water Source Public
Inclusions Alarm-Smoke/Fire Ceiling Fans Dryer Refrigerator Washer
Lot Size Area 0.39
Foundation Details Block
Number of Buildings 1
Spa N
Lot Size Acres 0.39
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Number of Pads 10
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Internal Only
Street Number 1 131
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* Excluded Features
List By
Gena Knox

Listing Agent

Dwell Real Estate

Broker

gena@dwellathens.com

Email

Affordability Calculator

$9,758
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,808
Monthly Property Taxes
$950
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$1,395,000 Listed Price

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131 S Milledge Avenue, Athens, GA, 30605 is a Multi-Family Home for sale at $1,395,000 with 3,747 sqft and a lot size of 0.39. 131 S Milledge Avenue has 9 bedrooms, 4.0 baths, and was built in 1965. The property's zip code is 30605 which is in Athens, GA