$500,000

8420 Macon Hwy Athens, GA 30606

Estimated payment $2,841/month

Total Views 59
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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

Jeffrey Sorohan

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,689

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Levels: One
  • Lot Size Acres: 1.00
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Dirt Floor

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Side/Rear Entrance

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oconee County Primary/Elementa
  • High School: Oconee County
  • High School Bus: Yes
  • Middle School: Oconee County
  • Middle School Bus: Yes

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 24
  • Tax Annual Amount: 2688.87

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $500,000 -- --
Source: Georgia MLS

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: Public Records

Source: Georgia MLS

MLS Number: 10635060

Georgia MLS

APN: C03-C0-01E