394 Oconee ST #21, E4, F5, F12, Athens, GA 30601
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394 Oconee ST #21, E4, F5, F12, Athens, GA 30601
394 Oconee ST #21, E4, F5, F12, Athens, GA 30601
394 Oconee ST #21, E4, F5, F12, Athens, GA 30601
394 Oconee ST #21, E4, F5, F12, Athens, GA 30601
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Beka Rickman

Beka Rickman

+1(404) 606-3905
$ 1,100,000
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394 Oconee ST #21, E4, F5, F12 Athens, GA 30601

16 Beds

8 Baths

5,791 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status New

Purchase Type For Sale

Square Footage 5,791 sqft

Price per Sqft $189

Subdivision Steeplechase

MLS Listing ID 10806605

Style Traditional

Bedrooms 16

Full Baths 8

HOA Fees $10,956

HOA Y/N Yes

Year Built 1990

Annual Tax Amount $14,313

Tax Year 2026

Property Sub-Type Condominium

Source Georgia MLS 2

Property Description

Rare opportunity to acquire a fully leased, 16-bedroom investment portfolio in prime locations near UGA and Downtown Athens! This bulk offering includes four 4-bedroom condos-three in Milledge Place on South Milledge Avenue and one in Steeplechase on Oconee Street. Fully leased through July 31, 2027, the portfolio offers dependable forward income, operating efficiencies and potential tax advantages for qualifying investors using accelerated depreciation or 1031 exchange. Steeplechase is an established 21-unit condominium community ideally located on Oconee Street in Downtown Athens. All 21 condos feature four bedrooms, two baths, on-site parking & in-unit laundry. Its highly walkable location provides convenient access to UGA, downtown dining, shopping and entertainment, as well as the nearby North Oconee River Greenway. Steeplechase also occupies a unique place in Athens history beside the preserved St. Mary's Steeple, the site where R.E.M. played its first show in 1980. This rare combination of location, functional floorplan, parking and cultural significance supports Steeplechase's enduring appeal as an Athens investment property. Steeplechase is surrounded by UGA, The HUB Apartments ($78 Million*), The Mark ($183 Million*), The Rive ($14 Million*) & More. *Value from recent sale or 2026 Tax Assessed value. Milledge Place is an established 74-unit condominium community located on S Milledge Avenue, just outside the Athens Perimeter but close to Five Points, UGA and Downtown Athens. The community features brick exteriors, a mix of two-, three- and four-bedroom floorplans, a swimming pool, ample parking, covered bicycle parking, bus stop at the entrance & sidewalks to Campus & Downtown! UGA's golf course, soccer, softball and new track-and-field facilities, along with the State Botanical Garden of Georgia, are all nearby. Milledge Place offers investors the opportunity to own in an established community with the coveted Milledge Avenue address.

Location

State GA

County Clarke

Rooms

Bedroom Description No

Basement None

Interior

Interior Features Other

Heating Central, Electric, Heat Pump

Cooling Central Air, Electric, Heat Pump

Flooring Other

Fireplace No

Appliance Other

Laundry In Hall, In Kitchen

Exterior

Parking Features Off Street

Community Features Pool

Utilities Available Underground Utilities

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description Other

Faces From Downtown Athens, turn left on E Clayton St. Right on N Jackson St. Left on E Broad St. Right on Oconee St. Condo is on the right.

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Brick,Vinyl Siding

New Construction No

Schools

Elementary Schools Barrow

Middle Schools Clarke

High Schools Clarke Central

Others

HOA Fee Include Other

Tax ID MULTIPLE

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2026 Georgia Multiple Listing Service. All Rights Reserved.

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Beka Rickman

Beka Rickman

Agent | License ID: 361599

+1(404) 606-3905

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