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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
    $1,485,100 Zestimate®
    $509/sqft
    $1,077 Estimated rent

    Home value

    $1,485,100

    $1.28M - $1.74M

    $1,077/mo

    Zestimate® history
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    $8,991/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:

    Listing updated:

    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 Square Feet
    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 & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Athens

    Financial & listing details

    • Price per square foot: $509/sqft
    • Tax assessed value: $500,280
    • Annual tax amount: $6,213
    • Date on market: 9/24/2025
    • Cumulative days on market: 82 days
    • 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
    8/24/2024Price change$1,680-5.6%$1/sqft
    Source: Zillow Rentals Report a problem
    7/20/2024Price change$1,780+1.7%$1/sqft
    Source: Zillow Rentals Report a problem
    7/18/2024Price change$1,750-1.7%$1/sqft
    Source: Zillow Rentals Report a problem
    7/2/2024Price change$1,780-1.1%$1/sqft
    Source: Zillow Rentals Report a problem
    6/20/2024Price change$1,800-4.8%$1/sqft
    Source: Zillow Rentals Report a problem
    5/28/2024Listed for rent$1,890+26%$1/sqft
    Source: Zillow Rentals Report a problem
    3/5/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/20/2022Listed for rent$1,500+20%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/13/2020Listing removed$1,250
    Source: AthBestRentals Report a problem
    6/2/2020Price change$1,250+4.2%
    Source: AthBestRentals Report a problem
    5/16/2020Price change$1,200+34.8%
    Source: AthBestRentals Report a problem
    4/12/2020Price change$890-24.6%
    Source: AthBestRentals Report a problem
    4/1/2020Price change$1,180-0.8%
    Source: AthBestRentals Report a problem
    12/17/2019Price change$1,190+0.8%
    Source: Zillow Rental Manager Report a problem
    11/8/2019Listed for rent$1,180+18.6%
    Source: Zillow Rental Manager Report a problem
    4/17/2019Listing removed$995
    Source: AthBestRentals Report a problem
    12/9/2018Listed for rent$995
    Source: AthBestRentals Report a problem
    5/28/2018Listing removed$995
    Source: AthBestRentals Report a problem
    4/30/2018Price change$995+4.7%
    Source: AthBestRentals Report a problem
    4/5/2018Price change$950+26.7%
    Source: AthBestRentals Report a problem
    1/4/2018Listed for rent$750
    Source: Hendley & Associates #959852 Report a problem
    10/30/2009Sold$275,000+10%$94/sqft
    Source: Public Record Report a problem
    11/17/2006Sold$250,000$86/sqft
    Source: Public Record 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%
    2022$4,853 +22.9%$152,130 +29.9%
    2021$3,948 +2.8%$117,153 +3.5%
    2020$3,842 $113,153
    2019$3,842 $113,153
    2018$3,842 $113,153
    2017$3,842 $113,153
    2016$3,842 $113,153
    2015$3,842 -0.1%$113,153 +5.6%
    2014$3,847 $107,153
    2013-- --
    2012-- --
    2011-- --
    2010-- --
    2009-- --
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    Find assessor info on the county website

    Neighborhood: 30605

    Nearby schools

    GreatSchools rating
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