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 or email listing agent.
Sold for $2,420,000
$2,420,000
495 S Milledge Avenue, Athens, GA 30605
15beds
11,052sqft
Multi Family
Built in 1953
-- sqft lot
$2,421,500 Zestimate®
$219/sqft
$1,043 Estimated rent
Home value
$2,421,500
$2.23M - $2.64M
$1,043/mo
Zestimate® history
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$14,704/mo
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Zillow last checked:
Listing updated:
Listed by:
Joshua Chandler 706-207-2521,
Athens Real Estate Group, LLC
Bought with:
Reign Streiter, 297364
Greater and Preferred LLC
Source: Hive MLS,MLS#: CL351579
Originating MLS: Athens Area Association of REALTORS
Originating MLS: Athens Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 14
- Full bathrooms: 17
- 1/2 bathrooms: 4
Heating
- Baseboard, Central, Electric, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Some Gas Appliances, Gas Water Heater, Oven, Range, Refrigerator
- Laundry: None
Features
- Flooring: Tile, Vinyl
- Basement: None
- Attic: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 11,052 sqft
Property
Parking
- Parking features: Garage, Off Street, Parking Lot, Rear/Side/Off Street
Lot
- Size: 0.83 Acres
- Features: Corner Lot, Historic District
Details
- Parcel number: 171C1E013
- Zoning: C-O
- Zoning description: Multi Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Concrete Perimeter, Slab
- Roof: Asphalt,Composition
Condition
- Year built: 1953
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
HOA
- Has HOA: No
- Second HOA name: Joiner and Assoc.
- Second HOA phone: 706-549-7371
Location
- Region: Athens
Financial & listing details
- Price per square foot: $219/sqft
- Annual tax amount: $21,462
- Date on market: 3/20/2026
- Cumulative days on market: 10 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange,Other
- Ownership type: Investor
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Sold | $2,420,000$219/sqft |
Source:  Hive MLS #CL351579 Report a problem | ||
| 3/31/2026 | Listed for sale | $2,420,000$219/sqft |
Source:  GAMLS #10715316 Report a problem | ||
| 3/30/2026 | Pending sale | $2,420,000$219/sqft |
Source: GAMLS #10715316 Report a problem | ||
| 3/20/2026 | Listed for sale | $2,420,000$219/sqft |
Source: Hive MLS #CL351579 Report a problem | ||
| 6/4/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 3/29/2021 | Price change | $895-3.2% |
Source: Hive MLS #979784 Report a problem | ||
| 3/16/2021 | Price change | $925-2.6% |
Source: Hive MLS #979784 Report a problem | ||
| 3/4/2021 | Price change | $950-5% |
Source: Hive MLS #979784 Report a problem | ||
| 2/13/2021 | Listed for rent | $1,000 |
Source: Hive MLS #979784 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 30605
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Nearby schools
GreatSchools rating
- 7/10Barrow Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Clarke Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Clarke Central High SchoolGrades: 9-12Distance: 0.2 mi
Sell for more on Zillow
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$2,421,500
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+$48,430
With Zillow Showcase(estimated)
$2,469,930
- Georgia
- Clarke County
- Athens
- 30605
- 495 S Milledge Avenue
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