131 S Milledge AveAthens, GA 30605

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, 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 Information

Property type

Residential Income

Sub-type

Quadruplex

Structure type

Quadruplex

Year built

1965

Lot size

0.39 acres

Days on market

39

MLS^® Listing#

10840103

Property Features

Cooling

Central Air · Electric

Heating

Central

Basement

Exterior Entry

Parking

Assigned · Off Street

Construction

Stucco

Foundation

Block

Community

Sidewalks · Street Lights

Utilities

Underground Utilities

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Barrow

Middle

Clarke

High

Clarke Central

Financial Details

HOA

None

Annual taxes

$11,398Tax year 2025

Parcel number

171A3 K004

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 Streeet through the parking lot of Renew Automotive Detail.