495 S Milledge Avenue, Athens, GA 30605

Athens
Local realty services provided by:ERA Sunrise Realty
495 S Milledge Avenue,Athens, GA 30605
$2,420,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: josh chandler, blake underwood
Office: athens real estate group
MLS#:10715316
Source:METROMLS

Price summary

  • Price:$2,420,000

About this home

Athens Real Estate Group is please to offer the exclusive listing of the Gran Ellen Apartment complex in heart of Athens, GA. Located at the corner of S. Milledge Avenue and Baxter Street, notably one of the most prominent intersections in and around the UGA Campus, this 17 unit, 22 Bed apartment complex offers unique opportunity and upside for willing investors as it is grandfathered in for a higher unit density than allowed by current zoning standards. This property consists of (4) 2 bed/1.5 bath units, (1) 2 bed/1 bath unit, and (12) 1 bed/1bath units that all offer a history of high occupancy with all but two units, which need significant rehab, currently being tenant occupied. Ownership recognizes the need for extensive renovation to truly drive this property to its full market potential and are offering the property in AS-IS condition. Please see Agent remarks for tour, contact, and offer information.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1953
  • Listing ID #:10715316
  • Updated:March 31, 2026 at 10:43 AM

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1953
  • Lot area:0.83 Acres
  • Construction Materials:Brick, Stone Frame
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Clarke Central
  • Middle school:Clarke
  • Elementary school:Holston

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,420,000
  • Tax amount:$21,462 (2025)

Parking

  • Total parking spaces:24
  • Parking description:Off Street Parking
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed March 31, 2026

New listings near 495 S Milledge Avenue