Property at 131 Milledge Avenue
Residential Income
Active
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131 Milledge Avenue

Athens, GA 30605

$1,395,000
$372.30/sq ft
ID# CL363762
9 Bedrooms
4.0 Bathrooms
3,747 sq ft
Built 1965

Property Description

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.

Property Details

Property Type Residential Income
Property Sub Type Quadruplex
Status Active
List Price $1,395,000
List Date September 2, 2026
Lot Size 0.39 acres
Property ID CL363762

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Property Location

Athens, GA 30605