See Home Value
$418,400
● House - Off Market

472 First Street

Athens, GA 30601
bedrooms
5 Beds
bathrooms
3 Baths
$2,366
Est. Monthly
7.54%
Cap Rate

About This Property

Nestled in the vibrant heart of Athens, GA, just a stone's throw from the University of Georgia and the roar of Sanford Stadium, this modern 5-bedroom, 3-bathroom bungalow with an additional bonus room beckons the savvy student housing investor. More than just a property, it's a strategic asset in one of Georgia's most dynamic markets, blending prime location, proven rental history, and untapped potential into a compelling investment opportunity. Step inside to discover a thoughtfully designed layout tailored for student living. The main floor welcomes you with warm hardwood floors and freshly painted walls, flowing into a spacious living and dining area that's perfect for group gatherings or late-night study sessions. The open-concept kitchen fosters a lively, communal atmosphere, ideal for roommates sharing meals or memories. Upstairs, additional bedrooms offer flexibility, with one boasting a private porch-a coveted feature for students craving personal space. The fully finished basement, complete with two more bedrooms, adds versatile accommodation options, ensuring maximum rental appeal. This bungalow shines as a turnkey investment. With market rents reaching up to $3250 per month and historically low vacancy rates, it delivers immediate cash flow in a market fueled by UGA's constant demand. Proximity to campus and the stadium ensures year-round occupancy, while the student housing sector's resilience offers stability even in economic downturns. Looking ahead, Athens' growth and UGA's ongoing expansion signal strong potential for property value appreciation, making this not just a purchase but a stake in a thriving, recession-resistant market. Whether you're a seasoned investor or a parent of a student looking to invest for the first time, this property is a canvas for smart living and even smarter investing. It's not just about owning a home; it's about securing a piece of Athens' vibrant, UGA-driven energy with proven returns and long-term growth. Come see this bungalow for yourself and seize the opportunity to own a cornerstone of Athens' booming student housing market. Schedule your showing today and step into a future where your investment pays dividends in both income and potential.
Unit Size
-
Days on Market
90 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (GAMLS #10588179)

Price History

Date / Event Date Event Price
Nov 18, 2025 Sold
Sold
Oct 28, 2025 In contract -
In contract
Sep 26, 2025 Price Decreased $420,000
↓ $29K (6.5%)
Price Decreased
Aug 22, 2025 Price Decreased $449,000
↓ $76K (14.5%)
Price Decreased
Jul 25, 2025 Listed by Realty South Athens, LLC $524,900
Listed by Realty South Athens, LLC
Show More

Property Highlights

Parking Available

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Athens-Clarke County


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 294 Moreland Avenue, Athens, GA, 30601

$4,800 /mo

  • 6 Beds
  • 6 Baths
  • 1,202 ft²
294 Moreland Avenue, Athens, GA, 30601


Frequently Asked Questions

When was property at 472 1st Street built and last sold?
The property at 472 1st Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 472 1st Street is $0.
What are some comparable homes to 472 1st Street?
There are currently no comparable homes to 472 1st Street.