$46,900
●
Land -
Off Market
154 Peter Street
Athens, GA 30601
Studio
0 Bath
$293
Est. Monthly
About This Property
Looking for a great lot to build on? This is very close to
the University and Downtown, and only half a mile to the loop.
There are no other pieces of land inside the perimeter and in a
location this great priced as good as this. It is a buildable
lot. Seller has secured approval to build a 1700+ SF house, of
which site plan will be available soon upon request. There is a
storm drain under a portion of the lot and an easement with Clarke
County. Only 1 mile to the campus and about the same to Downtown.
This could make a great rental investment property where new
construction in the area has been getting over $700 per bedroom.
Mostly level lot, we have some basic plans on what can be
built. Zoned RS-5. Easy to show - call right away.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$63
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (GAMLS #10393408)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Greater Athens Properties | $46,900 | |
| Listed by Greater Athens Properties | |||
| Apr 18, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | Listed by Coley Realty LLC | $59,999 | |
| Listed by Coley Realty LLC | |||
| | |||
|
This 0.15-acre lot could be the spot for your next dream home. Utilities are available. Out of state investor. Buyer to verify lot dimensions, utilities, restrictions and feasibility before purchase. The address used in the listing may be a placeholder. A true address number will be issued at the time of development. THIS IS A LIMITED SERVICE LISTING. EACH BUYER IS RESPONSIBLE FOR DOING YOUR OWN HOMEWORK ON ALL THE FACTS AND FIGURES ON VACANT LAND AND THE LISTING AGENT IS TO BE HELD HARMLESS OF ANY DEFICIENCIES OR MISREPRESENTATIONS. YOU WILL NEED TO CALL THE COUNTY FOR GUIDANCE. PLEASE BE SURE TO DO YOUR OWN HOMEWORK ON EACH LISTING AND MAKE SURE THE LAND SUITS YOUR NEEDS. THANKS!
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Athens-Clarke County
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Listed by: Ethan Atkinson, Greater Athens Properties
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10393408
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10393408
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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