Property at 50 Springdale Street
Residential Income
Active
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50 Springdale Street

Athens, GA 30605

$1,549,500
$531.38/sq ft
ID# CL340406
8 Bedrooms
2,916 sq ft
Built 1960

Property Description

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.

Property Details

Property Type Residential Income
Property Sub Type Quadruplex
Status Active
List Price $1,549,500
List Date September 16, 2025
Lot Size 0.19 acres
Property ID CL340406

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Property Location

Athens, GA 30605