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$2,500,000
66 Days On Site

641/647 West Hancock Avenue
Athens, GA 30601

For Sale|Single Family Residence|Active Under Contract
10
Beds
10
Total Baths
10
Full Baths
4,368
SqFt
$572
/SqFt
2008
Built
County:
Clarke
641/647 West Hancock Avenue
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Monthly Payment (Est.)

$11,406
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Premier Student Housing Investment Opportunity – 10 Bedroom Duplex Near UGA Exceptional in-town investment opportunity in the heart of Athens. This 10-bedroom, 10-bathroom (5BR/5BA per side) duplex is ideally positioned just steps from the University of Georgia and walkable to Downtown Athens. Located in one of the most desirable student housing corridors, this property offers strong fundamentals and long-term upside. Each side features spacious layouts designed for student living, ample common areas, and dedicated private parking. The unbeatable location ensures consistent rental demand and premium occupancy levels year after year. Investment Highlights:     •    10 Bedrooms | 10 Bathrooms (5BR/5BA per unit)     •    Annual Gross Income: $198,230     •    Estimated CAP Rate: 5.62%     •    Approximately 29% Operating Expenses (on adjusted property taxes)     •    Strong student housing fundamentals     •    Private, spacious parking lot     •    Ideal 1031 exchange opportunity     •    Zoned RM1 – Multi-Family     •    Pedestrian access to UGA     •    Walkable to Downtown Athens This is a rare opportunity to acquire a stabilized, income-producing asset in an unbeatable intown location with proven rental performance and continued demand from the University of Georgia student population.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
66 Days
Bedrooms 
10
Inside Area (SqFt) 
4,368 sqft
Total Baths 
10
Full Baths 
10
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
2008
MLS® Number 
CL350474
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active Under Contract
3 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.16
Number Of Stories 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Style 
Other
Water Source 
Public
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central AirElectric
Heating 
CentralElectric
Laundry Features 
In Hall
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Exterior Features
View 
Panoramic
Waterview 
Panoramic
Listing courtesy of Heather Fincher of CollegeTown Properties LLC



The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-05-30 07:58 AM UTC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright 2026 Hive MLS

Neighborhood & Commute
Source: Walkscore
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