50 Springdale St Athens, GA 30605
Midtown-Bloomfield NeighborhoodEstimated payment $8,684/month
Highlights
- Property is near public transit
- No HOA
- Central Heating and Cooling System
- Clarke Central High School Rated A-
About This Home
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. Location Description: Situated in the highly desirable Bloomfield Historic District, this property is just one block from the University of Georgia campus and close to the heart of Athens' Five Points community. Five Points offers a vibrant mix of local shops, dining, and everyday conveniences. Residents enjoy easy access to Sanford Stadium, the UGA Coliseum, and Downtown Athens. This central location in Athens' "Golden Triangle" is one of the most sought-after rental areas, consistently attracting students, graduate professionals, faculty, and UGA staff.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,213
Year Built
- Built in 1960 | Remodeled
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
Location
- Property is near public transit
- Property is near schools
- Property is near shops
Schools
- Barrow Elementary School
- Clarke Middle School
- Clarke Central High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Underground Utilities
Additional Features
- 2-Story Property
- 8,276 Sq Ft Lot
Community Details
- No Home Owners Association
- 4 Units
- Bloomfield Historic District Subdivision
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 |
|---|---|---|---|---|
| 2025 | $6,213 | $200,112 | $50,000 | $150,112 |
| 2024 | $6,213 | $186,612 | $44,000 | $142,612 |
| 2023 | $5,832 | $160,020 | $44,000 | $116,020 |
| 2022 | $4,853 | $152,130 | $44,000 | $108,130 |
| 2021 | $3,948 | $117,153 | $44,000 | $73,153 |
| 2020 | $3,813 | $113,153 | $40,000 | $73,153 |
| 2019 | $3,842 | $113,153 | $40,000 | $73,153 |
| 2018 | $3,842 | $113,153 | $40,000 | $73,153 |
| 2017 | $3,842 | $113,153 | $40,000 | $73,153 |
| 2016 | $3,842 | $113,153 | $40,000 | $73,153 |
| 2015 | $3,847 | $113,153 | $40,000 | $73,153 |
| 2014 | $3,649 | $107,153 | $34,000 | $73,153 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | For Sale | $1,549,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | $275,000 | -- | |
| Deed | -- | -- | |
| Deed | $250,000 | -- | |
| Deed | $560,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $368,000 | -- | |
| Deed | -- | -- | |
| Deed | $186,500 | -- | |
| Deed | $115,000 | -- | |
| Deed | $111,000 | -- |
Source: Georgia MLS
MLS Number: 10611650
APN: 171C3-G-020
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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