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Sold for $1,485,000
  • $1,485,000

    50 Springdale Street, Athens, GA 30605

    8beds
    2,916sqft
    Quadruplex
    Built in 1960
    -- sqft lot
    $1,498,000 Zestimate®
    $509/sqft
    $1,210 Estimated rent

    Home value

    $1,498,000

    $1.29M - $1.74M

    $1,210/mo

    Zestimate® history
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    $8,848/mo

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    $8,848/mo

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: December 16, 2025 at 09:08am

    Listed by:

    Brian Elrod 678-859-6110,

    NAI Elrod Group,

    Daniel Bennett 706-340-6066,

    NAI Elrod Group

    Bought with:

    Ashley Nalley, 415258

    Keller Williams Greater Athens

    Source: Hive MLS,MLS#: CL340406MLS LogoOriginating MLS: Athens Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Electric, Heat Pump
    Appliances
    • Included: Electric Water Heater
    Interior area
    • Total interior livable area: 2,916 sqft

    Property

    Lot
    • Size: 8,276 sqft
    Details
    • Parcel number: 171C3 G020
    • Zoning: RS-8
    • Zoning description: Multi Family
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities

    Community & neighborhood

    Location
    • Region: Athens

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,1031 Exchange,Other
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    12/15/2025Sold$1,485,000-4.2%$509/sqft
    Source: Hive MLS #CL340406 Report a problem
    10/24/2025Contingent$1,549,500$531/sqft
    Source: Hive MLS #CL340406 Report a problem
    9/24/2025Listed for sale$1,549,500+463.5%$531/sqft
    Source: Hive MLS #CL340406 Report a problem
    9/10/2024Listing removed$1,650$1/sqft
    Source: Zillow Rentals Report a problem
    8/31/2024Price change$1,650-1.8%$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,213 +6.5%$200,112 +7.2%
    2024$5,832 +16.6%$186,612 +16.6%
    2023$5,001 +3%$160,020 +5.2%

    Find assessor info on the county website

    Neighborhood: 30605

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,498,000
    2% more
    +$29,960
    With Zillow Showcase(estimated)
    $1,527,960