8420 Macon Highway, Athens, GA 30606
Local realty services provided by:ERA Towne Square Realty, Inc.
8420 Macon Highway,Athens, GA 30606
$500,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:jeffrey sorohan7706885168, jeff@orbitrealestatepartners.com
Office:orbit real estate partners
MLS#:10635060
Source:METROMLS
Price summary
- Price:$500,000
About this home
Investment Highlights: Immediate Income Potential: Currently configured as a two-unit rental duplex, ideal for continued residential leasing while pursuing future redevelopment. Commercial Upside: Adjacent property was recently rezoned for office use, increasing the likelihood of successful rezoning for commercial, office, or mixed-use development. Prime Location: Directly beside Athens Academy and minutes from Watkinsville and Athens, with excellent traffic counts and corridor visibility. Path of Progress: The U.S. 441 / Macon Highway corridor continues to attract major investment, including Oconee Mercantile (planned mixed-use project), Christian Brothers Automotive, and other emerging medical and professional developments. Flexible Exit Strategies: Operate as a rental duplex for steady cash flow or pursue rezoning and redevelopment to maximize long-term asset value. Property Description 8420 Macon Highway offers a prime investment opportunity with both immediate income and long-term redevelopment potential along the rapidly expanding U.S. 441 / Macon Highway corridor in Oconee County. This single-story, all-brick duplex totals approximately 2,213 square feet on 1.09 acres directly adjacent to Athens Academy. Each unit features its own private entrance, full kitchen, living area, and sunroom-with one side configured as a 2-bedroom, 1-bath and the other as a 2-bedroom, 1.5-bath. The property provides ample parking, a level site, and high visibility with convenient access to both Watkinsville and Athens. The prospects of immediate rental revenue potential while offering significant upside through renovation or commercial repositioning. Importantly, the parcel sits immediately adjacent to a property recently rezoned for office use, underscoring the strong likelihood of successful rezoning for commercial development. With its strategic location, strong traffic exposure, and proximity to established institutional anchors, 8420 Macon Highway stands out as an excellent candidate for future office, professional services, or small-scale commercial redevelopment-while maintaining flexibility as a functional duplex investment in the near term. Location Highlights Positioned beside Athens Academy and just down the road from Presbyterian Village, this property lies squarely within Oconee County's most active growth and redevelopment corridor. The area continues to attract both commercial and medical development, including the planned Oconee Mercantile mixed-use project, Christian Brothers Automotive, and other professional offices near Hog Mountain Road (Highway 53). This corridor serves as a primary gateway to Watkinsville and southeast Oconee County, supported by strong traffic counts, new infrastructure investment, and robust development momentum. The combination of existing income, rezoning potential, and location in the path of progress makes 8420 Macon Highway a rare and versatile investment opportunity in one of the region's most desirable growth areas.
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Home facts
- Year built:1981
- Listing ID #:10635060
- Updated:November 02, 2025 at 11:46 AM
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1981
- Lot area:1 Acres
Schools
- High school:Oconee County
- Middle school:Oconee County
- Elementary school:Oconee County Primary/Elementa
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$500,000
- Tax amount:$2,689 (24)
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