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$500,000
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Property Description
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.
Full Property Details
Full Property Details for 8420 Macon Hwy
General
- Price: $500,000
- Taxes: $2,688 (24)
- Status: Active
- Type: Duplex
- Source: GAMLS_Atlanta
- MLS ID: 10635060
- Updated: 11/14/2025
- Added to Site: 79 day(s) ago
Parking
- Parking Features: Side/Rear Entrance
Location
- County: Oconee
- Driving Directions: 8420 Macon Highway, Athens, GA 30606
School Information
- Elementary School: Oconee County Primary/Elementa
- Middle School: Oconee County
- High School: Oconee County
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Septic Tank
- Utility Description: Electricity Individual Meters
Structural Information
- Construction Status: Resale
- Basement Desc.: Dirt Floor
- Stories/Levels: One
- Year Built: 1981
Lot Features
- Lot Size (Acres): 1
- Lot Size Range: 1
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $2,688.87
- Tax Year: 24
Disclosures and Reports
- Special Conditions: Owned by Agent
Listing Courtesy of: Orbit Real Estate Partners
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Schools
Schools serving 8420 Macon Hwy
School District:Oconee County School District
| Name | Grades | Distance |
|---|---|---|
Oconee County Elementary School 2230 Hog Mountain Road, Watkinsville, GA 30677 | 3-5 | 2.7 mi |
Oconee County Primary School 2290 Hog Mountain Road, Watkinsville, GA 30677 | K-2 | 2.9 mi |
Oconee County Middle School 1101 Mars Hill Road, Watkinsville, GA 30677 | 6-8 | 2.7 mi |
Oconee County High School 2721 Hog Mountain Road, Watkinsville, GA 30677 | 9-12 | 3.7 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 8420 Macon Hwy
Date
Details
Price
Change
Source
10/31/2025
Listed
$500,000
185.71%
MLS
9/19/2024
Sold
$175,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8420 Macon Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,689
-1%
$143,905
14%
2023
$2,717
5%
$126,666
14%
2022
$2,583
14%
$111,417
14%
2021
$2,268
—
$97,826
9%
2021
$2,265
10%
$90,052
1%
2019
$2,060
18%
$88,838
20%
2018
$1,748
6%
$73,798
6%
2017
$1,649
—
$69,613
—
2016
$1,641
-1%
$69,276
—
2015
$1,650
1%
$69,500
3%
2014
$1,633
-2%
$67,250
3%
2013
$1,658
—
$65,441
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8420 Macon Hwy
8420 Macon Highway, Athens, GA 30606 (MLS# 10635060) is a Duplex property with 0 bedrooms and 0 full bathrooms. 8420 Macon Highway is currently listed for $500,000 and was received on October 31, 2025. Want to learn more about 8420 Macon Highway? Do you have questions about finding other Duplex real estate for sale in Athens? You can browse all Athens real estate or contact a Coldwell Banker agent to request more information.

