50 Springdale St, Athens, GA 30605

$1,485,000
8
BD
4
BA
2,916
SqFt

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Sold Price
$1,485,000
List Price
$1,549,500
Closing Date
Dec 15, 2025
MLS#
CL340406
Type
Multifamily
City
Athens
County
Clarke
Bedrooms
8
Bathrooms
4
Living Area
2,916
Year Built
1960

Property Description

Rare opportunity to acquire a stabilized multifamily building in the heart of Five Points, just one block from the UGA campus in the historic Bloomfield District. This 4-unit, 2BR/1BA quadruplex is turnkey and has been 100% leased since 2010. Its prime location—within walking distance of UGA Campus, Sanford Stadium, the UGA Coliseum, Five Points, and Downtown Athens—makes this blue-chip property an exceptional investment, with the strongest appreciation potential of any submarket. As one of only five purpose-built quadruplexes in the “Golden Triangle,” Athens’ most coveted rental area, this property stands out. Have kids attending UGA? Let the rents cover the mortgage and use a spare bedroom for travel weekends or game days—no need to spend $500/night on hotels. The building offers free on-site parking, is smoke-free and pet-free, and has no carpet. All tenants have parental guarantees, and 100% are graduate students, UGA employees, or faculty members—creating strong multi-year leasing potential. Owner financing is available with 25% down at a 3.95% fixed interest rate, making this an attractive acquisition for most investors. This property is a one-of-a-kind, popular rental or future condo conversion opportunity. Showings by appointment only. Do not disturb tenants.

Additional Information

Zoning
RS-8

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Calculator source: Real Geeks

Listing courtesy of NAI Elrod Group. Selling Office: Keller Williams Greater Athens.