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$418,400
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Property Description
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.
Full Property Details
Full Property Details for 472 First Street
General
- Sold For: $418,400
- Taxes: $3,642 (2023)
- Status: Closed
- Type: Single Family
- Source: GAMLS_Atlanta
- MLS ID: 10588179
- Added to Site: 175 day(s) ago
Interior
- Rooms/Areas: Loft
- Interior Features: High Ceilings
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 2
- Bedrooms Lower: 1
- Bedrooms-Up1: 2
- Bedrooms Main: 2
- Bedrooms-Dn1: 1
Other Rooms
- Laundry: Laundry Closet
Parking
- Parking Features: Carport, Off-Street
Location
- County: Clarke
- Driving Directions: From Downtown Take North Ave away from Downtown. Turn Right onto First St. Home will be on the left.
School Information
- Elementary School: Howard B Stroud
- Middle School: Coile
- High School: Cedar Shoals
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Dual, Electric
- Heating Type: Central, Dual
Utilities
- Water/Sewer: Public Sewer
Structural Information
- Architectural Style: Bungalow/Cottage, Other
- Construction Status: Resale
- Basement Desc.: Finished Bath, Exterior Entry, Finished, Interior Entry
- Roof: Composition
- Stories/Levels: Two
- Year Built: 2006
Lot Features
- Lot Size (Acres): 0.12
- Lot Size Range: .12
- Lot Size Source: Public Records
- Lot Description: Sloped
Financial Considerations
- Tax Amount: $3,642
- Tax Year: 2023
Listing Courtesy of: Realty South Athens, LLC
Sold by Keller Williams Realty Atl. Partners
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Schools
Schools serving 472 First Street
School District:Clarke County School District
| Name | Grades | Distance |
|---|---|---|
Howard B. Stroud Elementary School 715 Fourth Street, Athens, GA 30601 | PK-5 | 0.5 mi |
Coile Middle School 110 Old Elberton Road, Athens, GA 30601 | 6-8 | 4.1 mi |
Cedar Shoals High School 1300 Cedar Shoals Dr, Athens, GA 30605 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 472 First Street
Date
Details
Price
Change
Source
11/18/2025
Sold
$418,400
-0.38%
MLS
9/25/2025
Price Reduced
$420,000
-6.46%
MLS
8/21/2025
Price Reduced
$449,000
-14.46%
MLS
8/20/2025
Listed
$524,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
472 First Street, Athens, GA 30601 (MLS# 10588179) is a Single Family property that was sold at $418,400 on November 18, 2025. Want to learn more about 472 First Street? Do you have questions about finding other Single Family real estate for sale in Athens? You can browse all Athens real estate or contact a Coldwell Banker agent to request more information.

