8420 Macon Hwy Athens, GA 30606
Estimated payment $2,841/month
Highlights
- No HOA
- 1-Story Property
- Central Heating and Cooling System
- Oconee County Elementary School Rated A
About This Home
Investment Highlights: Immediate Income Potential: Currently configured as a two-unit rental duplex, ideal for continued residential leasing while pursuing future redevelopment. Commercial Upside: Adjacent property was recently rezoned for office use, increasing the likelihood of successful rezoning for commercial, office, or mixed-use development. Prime Location: Directly beside Athens Academy and minutes from Watkinsville and Athens, with excellent traffic counts and corridor visibility. Path of Progress: The U.S. 441 / Macon Highway corridor continues to attract major investment, including Oconee Mercantile (planned mixed-use project), Christian Brothers Automotive, and other emerging medical and professional developments. Flexible Exit Strategies: Operate as a rental duplex for steady cash flow or pursue rezoning and redevelopment to maximize long-term asset value. Property Description 8420 Macon Highway offers a prime investment opportunity with both immediate income and long-term redevelopment potential along the rapidly expanding U.S. 441 / Macon Highway corridor in Oconee County. This single-story, all-brick duplex totals approximately 2,213 square feet on 1.09 acres directly adjacent to Athens Academy. Each unit features its own private entrance, full kitchen, living area, and sunroom-with one side configured as a 2-bedroom, 1-bath and the other as a 2-bedroom, 1.5-bath. The property provides ample parking, a level site, and high visibility with convenient access to both Watkinsville and Athens. The prospects of immediate rental revenue potential while offering significant upside through renovation or commercial repositioning. Importantly, the parcel sits immediately adjacent to a property recently rezoned for office use, underscoring the strong likelihood of successful rezoning for commercial development. With its strategic location, strong traffic exposure, and proximity to established institutional anchors, 8420 Macon Highway stands out as an excellent candidate for future office, professional services, or small-scale commercial redevelopment-while maintaining flexibility as a functional duplex investment in the near term. Location Highlights Positioned beside Athens Academy and just down the road from Presbyterian Village, this property lies squarely within Oconee County's most active growth and redevelopment corridor. The area continues to attract both commercial and medical development, including the planned Oconee Mercantile mixed-use project, Christian Brothers Automotive, and other professional offices near Hog Mountain Road (Highway 53). This corridor serves as a primary gateway to Watkinsville and southeast Oconee County, supported by strong traffic counts, new infrastructure investment, and robust development momentum. The combination of existing income, rezoning potential, and location in the path of progress makes 8420 Macon Highway a rare and versatile investment opportunity in one of the region's most desirable growth areas.
Listing Agent
Orbit Real Estate Partners Brokerage Phone: 7706885168 License #355034 Listed on: 10/31/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,689
Year Built
- Built in 1981
Lot Details
- 1 Acre Lot
Parking
- Side or Rear Entrance to Parking
Home Design
- Duplex
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 1-Story Property
- Dirt Floor
Schools
- Oconee County Primary/Elementa Elementary School
- Oconee County Middle School
- Oconee County High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
- 2 Units
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 | $2,783 | $143,905 | $18,711 | $125,194 |
| 2023 | $2,717 | $126,666 | $17,010 | $109,656 |
| 2022 | $2,390 | $111,417 | $17,010 | $94,407 |
| 2021 | $2,265 | $97,826 | $17,010 | $80,816 |
| 2020 | $2,088 | $90,052 | $17,010 | $73,042 |
| 2019 | $2,060 | $88,838 | $17,010 | $71,828 |
| 2018 | $1,748 | $73,798 | $14,742 | $59,056 |
| 2017 | $1,649 | $69,613 | $14,742 | $54,871 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | For Sale | $500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | -- | |
| Warranty Deed | $400,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Trustee Deed | -- | -- | |
| Trustee Deed | -- | -- | |
| Trustee Deed | -- | -- | |
| Trustee Deed | -- | -- | |
| Limited Warranty Deed | -- | -- |
Source: Georgia MLS
MLS Number: 10635060
APN: C03-C0-01E
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