472 First St Athens, GA 30601
North Avenue NeighborhoodEstimated payment $2,502/month
Highlights
- Property is near public transit
- Loft
- No HOA
- Wood Flooring
- High Ceiling
- Porch
About This Home
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.
Listing Agent
Realty South Athens, LLC Brokerage Phone: 7062550322 License #245810 Listed on: 08/20/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,642
Year Built
- Built in 2006
Lot Details
- 5,227 Sq Ft Lot
- Sloped Lot
Home Design
- Bungalow
- Composition Roof
- Concrete Siding
Interior Spaces
- 2-Story Property
- High Ceiling
- Loft
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Finished Basement
- Interior and Exterior Basement Entry
- Finished Basement Bathroom
Parking
- Carport
- Off-Street Parking
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
- Property is near shops
Schools
- Howard B Stroud Elementary School
- Coile Middle School
- Cedar Shoals High School
Utilities
- Two cooling system units
- Central Heating
- Dual Heating Fuel
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,777 | $127,880 | $24,000 | $103,880 |
| 2023 | $3,996 | $116,544 | $24,000 | $92,544 |
| 2022 | $2,721 | $85,300 | $18,000 | $67,300 |
| 2021 | $2,312 | $68,604 | $18,000 | $50,604 |
| 2020 | $2,128 | $63,149 | $18,000 | $45,149 |
| 2019 | $1,935 | $57,007 | $14,000 | $43,007 |
| 2018 | $1,906 | $56,148 | $14,000 | $42,148 |
| 2017 | $1,839 | $54,174 | $14,000 | $40,174 |
| 2016 | $1,630 | $54,614 | $14,000 | $40,614 |
| 2015 | $1,962 | $57,705 | $14,000 | $43,705 |
| 2014 | $1,965 | $57,705 | $14,000 | $43,705 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2025 10/15/25 | Pending | -- | -- | -- | |
| 09/25/2025 09/25/25 | Price Changed | $420,000 | 0.0% | -- | |
| 09/25/2025 09/25/25 | For Rent | $3,250 | 0.0% | -- | |
| 08/21/2025 08/21/25 | Price Changed | $449,000 | -14.5% | -- | |
| 08/20/2025 08/20/25 | For Sale | $524,900 | +61.5% | -- | |
| 08/22/2023 08/22/23 | Sold | $325,000 | 0.0% | $208 / Sq Ft | View Prior Sale |
| 07/29/2023 07/29/23 | For Sale | $325,000 | 0.0% | $208 / Sq Ft | |
| 02/09/2023 02/09/23 | Rented | $1,800 | 0.0% | -- | |
| 02/09/2023 02/09/23 | For Rent | $1,800 | -98.5% | -- | |
| 03/28/2022 03/28/22 | Rented | -- | -- | -- | |
| 02/26/2022 02/26/22 | Under Contract | -- | -- | -- | |
| 02/10/2022 02/10/22 | For Rent | -- | -- | -- | |
| 10/28/2015 10/28/15 | Sold | $120,000 | 0.0% | $77 / Sq Ft | View Prior Sale |
| 10/28/2015 10/28/15 | For Sale | $120,000 | -- | $77 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | -- | |
| Warranty Deed | $120,000 | -- | |
| Deed | $107,500 | -- | |
| Deed | $124,200 | -- | |
| Deed | $42,000 | -- | |
| Deed | $27,550 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $260,000 | New Conventional | |
| Previous Owner | $84,000 | New Conventional | |
| Previous Owner | $86,000 | New Conventional | |
| Previous Owner | $131,250 | New Conventional |
Source: Georgia MLS
MLS Number: 10588179
APN: 164C1-A-007-A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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