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9 Beds
4 Baths
3,747 sqft

$1,395,000

131 S Milledge Avenue, Athens GA, 30605

Price per sqft$372.30
Built in1965
Property size3,747 sqft
Property typeMulti-family

Overview

Active

Listed Sep 4, 2026

Updated 4 weeks ago

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.

$9,281/mo

Est. mortgage payment based on a $1,395,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL363762

Interior Features

Bedrooms
9
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.39 Acres

Also listed on GAMLS

Courtesy of Dwell Real Estate with Gena Knox,
Listing Contact: (706) 224-1365 

 

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Data last updated 5:11 AM UTC, 9/5/2026

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