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About This Home

This 8-bedroom, 3-bathroom single family at 524 Hill Street in Athens, GA is listed for $1,575,000 ($323 per sqft). Built in 1868, the home offers 4,874 sqft of living space on a 0.56 acres lot.

Agent Description

Rare opportunity to own a high-visibility corner property at the intersection of Milledge Avenue and Hill Street, one of Athens' most recognizable and heavily traveled locations. This spacious 8-bedroom property is currently occupied by commercial tenants, providing immediate income potential, while also offering the flexibility to be rezoned for residential use.

With its prime location near UGA, downtown Athens, and established residential neighborhoods, this property presents a compelling investment for those seeking long-term appreciation, redevelopment, or income generation. The existing layout allows for multiple use scenarios, including residential conversion, student housing, or continued commercial operation (buyer to verify zoning and use).

Highlights: Prime corner lot at Milledge Ave & Hill St 8 bedrooms / 3 half baths Currently income-producing with commercial tenants Potential for rezoning to residential Excellent visibility and accessibility Strong investment and redevelopment potential Close to University of Georgia, downtown, and campus amenities Ideal for investors looking to reposition a well-located property in a high-demand Athens market.

Whether held as a rental, redeveloped, or converted to residential use, this property offers versatility and upside rarely found at this location. Reach out to Heather for more info on commercial tenants and timing.

Key Features

  • Built in 1868
  • 0.56 acre lot
  • 2 stories

Property Details

2 stories
3 half
1868

Amenities

A/C

Monthly Cost Estimate

$8,423/mo

20% down · 6.5% · 30 years

Principal$1,139
Interest$6,825
Insurance$459

Estimates only. Actual payments may vary.

Location

524 Hill Street

Athens, GA 30601

Property Details

Heating

CentralElectric (Heating)

Cooling

ElectricCentral Air

Appliances

Electric Water Heater

Questions & Answers

This 8-bedroom, 3-bathroom single family at 524 Hill Street is listed at $1,575,000 ($323/sqft). The estimated monthly payment is $6,825 based on 20% down at 6.5% interest.

Key features include: Built in 1868, 0.56 acre lot, 2 stories.

This property is listed by Courtney Lawrence and can be reached at 7062061769 or courtneymlawrence@gmail.com.

CL

Courtney Lawrence

Agent at CollegeTown Properties LLC

(706) 206-1769

Listed by CollegeTown Properties LLC

MLS# CL348664· Source: listhub· Updated 60 days ago

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

524 Hill Street, Athens, GA 30601

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