580 E Broad Street
Athens, GA 30601
- Studio
Studio
(on 0.68 acres)
Home Value
Trulia Estimate
$10.4MSince last month
Increased$62K (+0.6%)Since last year
Decreased$43K (-0.4%)Since last sale
Increased$68K (+0.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +108% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $10.37M |
| July 2026 | $10.31M |
| June 2026 | $10.44M |
| May 2026 | $10.56M |
| March 2026 | $10.58M |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.77 | Multi-Family Home | $3,150,000 | 07/24/26 | - | - | ||
1.05 | Multi-Family Home | $2,420,000 | 05/13/26 | 15 | 19 | 11,052 | |
0.80 | Multi-Family Home | $325,000 | 01/21/26 | - | - | ||
0.82 | Multi-Family Home | $1,625,000 | 01/13/26 | - | - | ||
0.88 | Multi-Family Home | $122,500 | 08/25/25 | 2 | - | - | |
1.07 | Multi-Family Home | $1,485,000 | 12/15/25 | 8 | 4 | 2,916 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $259,990 | 3 | 2.5 | 1,627 | For Sale | |
0.09 | $947,400 | 3 | 2 | - | Off Market | |
0.09 | $722,800 | 2 | 2 | - | Off Market | |
0.09 | $452,800 | 2 | 2 | - | Off Market | |
0.10 | $900,000 | 2 | 2 | 1,032 | Recently Sold | |
0.10 | $963,800 | 3 | 2 | - | Off Market | |
0.10 | $455,000 | 1 | 1.5 | 676 | For Sale | |
0.18 | $891,200 | Studio | - | - | Off Market | |
0.19 | $787,200 | 2 | 2 | - | Off Market | |
0.21 | $950,000 | 2 | 1 | 830 | For Sale | |
0.21 | $1,100,000 | 2 | 2 | 897 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1890
Lot Size
0.68 acres
Parking
56 Parking Spaces
About this House
This flagship Athens asset is adjacent to UGA and Downtown and comprises 36 units + 119 beds. It was originally constructed in 1897, but was converted to loft apartments in 1977 and then an extensive value-add was completed from 2018 - 2023. Farmers Exchange is currently 100% Occupied and 92.4% Pre-Leased for AY 25-26 with average rents at only $768/ bed. Surrounding competition this close to campus charges $286 - $604 more per bed for their 1BR - 5BR floor plans.
This deal comes with ASSUMABLE non-recourse debt with Fannie at 4.14% that matures 12/1/31. It's on a 30 year AM and has IO until 12/1/26. Loan Balance is $7.467MM (67% LTV).
Farmer's Exchange has been well maintained throughout the years. In 2018, the 300 Building had floors refinished, ceiling height increased and a full interior/ exterior paint. All common area lighting was replaced, a laundry room was added, alongside common area updates to include a pool table, package lockers, study rooms, nest thermostats and updated exterior signage.
Current ownership resealed the flat TPO roof in January 2020 and in 2021 performed a Green Loan update which included adding solar film protective to all windows, adding weather stripping to all doors/ windows and adding low flow shower heads. In 2023, 10 HVAC units were replaced and they also replaced and upgraded the entire fire monitoring system (including electrical and conduit).
Interior unit features include exposed brick and beam architecture, hardwood floors, white wood cabinets, granite countertops, stainless steel appliances and more.
-Incredible Location: This property is adjacent to The University of Georgia and Downtown Athens.
-Assumable Non-Recourse Debt: This property has assumable non-recourse debt with Fannie at 4.14% with IO until 12/1/26 that matures 12/1/31.
-Strong Occupancy and Pre-Lease: Farmer's Exchange is currently 100% Occupied and 92.4% Pre-Leased 24-25 school year.
-Ability to Reduce Expenses: Farmer's exchange currently includes cable in the rent, so stripping this expense for AY 25-26 would save over $7,000 on an annual basis.1. Hardwood Flooring & Exposed Brick and Beam Architecture, 2. White wood cabinets with granite countertops and stainless steel appliances, 3. Nest Thermostats and Electronic Keys / Fob entry, 4. ASSUMABLE DEBT! Adjacent to UGA's campus
This deal comes with ASSUMABLE non-recourse debt with Fannie at 4.14% that matures 12/1/31. It's on a 30 year AM and has IO until 12/1/26. Loan Balance is $7.467MM (67% LTV).
Farmer's Exchange has been well maintained throughout the years. In 2018, the 300 Building had floors refinished, ceiling height increased and a full interior/ exterior paint. All common area lighting was replaced, a laundry room was added, alongside common area updates to include a pool table, package lockers, study rooms, nest thermostats and updated exterior signage.
Current ownership resealed the flat TPO roof in January 2020 and in 2021 performed a Green Loan update which included adding solar film protective to all windows, adding weather stripping to all doors/ windows and adding low flow shower heads. In 2023, 10 HVAC units were replaced and they also replaced and upgraded the entire fire monitoring system (including electrical and conduit).
Interior unit features include exposed brick and beam architecture, hardwood floors, white wood cabinets, granite countertops, stainless steel appliances and more.
-Incredible Location: This property is adjacent to The University of Georgia and Downtown Athens.
-Assumable Non-Recourse Debt: This property has assumable non-recourse debt with Fannie at 4.14% with IO until 12/1/26 that matures 12/1/31.
-Strong Occupancy and Pre-Lease: Farmer's Exchange is currently 100% Occupied and 92.4% Pre-Leased 24-25 school year.
-Ability to Reduce Expenses: Farmer's exchange currently includes cable in the rent, so stripping this expense for AY 25-26 would save over $7,000 on an annual basis.1. Hardwood Flooring & Exposed Brick and Beam Architecture, 2. White wood cabinets with granite countertops and stainless steel appliances, 3. Nest Thermostats and Electronic Keys / Fob entry, 4. ASSUMABLE DEBT! Adjacent to UGA's campus
580 E Broad Street, Athens, GA 30601 is a studio multi-family built in 1890. It last sold for $10,300,000 on Mar 14, 2025 (8% below the $11,220,000 asking price). More recently, it was listed as a rental in October 2025 with an asking price of $761 per month. That rental listing was removed on March 23, 2026. It is currently off market. The Trulia Estimate is $10,367,500, with a rent estimate of $1,218/month.
Last check for updates: about 17 hours ago
Listed by Jill Swope, (706) 305-7785
University Holdings Brokerage, LLC
Bought with: Jill Swope, (706) 305-7785, University Holdings Brokerage, LLC
Originating MLS: Athens Area Association of REALTORS
Source: Hive MLS, MLS#CM1020905

Home Details for 580 E Broad Street
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Interior Details Basement: Full,Unfinished |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Electric |
Levels, Entrance, & Accessibility Number of Stories: 2 |
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Parking & Garage Parking Spaces: 56 |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 81 |
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Year Built Year Built: 1890 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Brick |
Property Information Parcel Number: 171B7A001 |
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Price List Price: $11,220,000 |
Status Change & Dates Off Market Date: Mon Nov 04 2024 |
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MLS Status: Closed |
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Direction & Address City: AthensCommunity: Downtown |
School Information Elementary School: Barrow ElementaryJr High / Middle School: Clarke MiddleHigh School: Clarke Central |
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Units in Building: 36 |
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HOA Fee Frequency (second): AnnuallyAssociation for this Listing: Athens Area Association of REALTORSNo HOA |
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Lot Area: 0.68 acres |
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Contingencies: Due DiligenceListing Agreement Type: Exclusive Right To Sell |
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BasementMls Number: CM1020905Above Grade Unfinished Area Units: Square FeetActivation Date: Thu Aug 15 2024Below Grade Unfinished Area Units: Square FeetShowing Requirements: See RemarksUniversal Property Id: US-13059-N-171B7A001-R-N |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 23, 2026 Source: Zillow Rentals | ListingRemoved | $761 |
Oct 30, 2025 Source: Zillow Rentals | PriceChange | $3,495 Price increased by 359% |
Oct 5, 2025 Source: Zillow Rentals | Listed For Rent | $761 |
Mar 14, 2025 Source: Hive MLS #CM1020905 | Sold | $10,300,000 |
Nov 4, 2024 Source: Hive MLS #1020905 | Pending | $11,220,000 |
Aug 15, 2024 Source: Hive MLS #1020905 | Listed For Sale | $11,220,000 |
Market trends in Athens
Last updated July 2026
Avg. sale price
$344K
$2.37KMoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$200
$1MoM
Available listings
535
36MoM
Around this home
What Locals Say about Athens
At least 540 Trulia users voted on each feature.
85 % Say car is needed
84 % Say it's dog friendly
74 % Say parking is easy
71 % Say there's holiday spirit
67 % Say yards are well-kept
59 % Say kids play outside
58 % Say there's wildlife
58 % Say it's quiet
54 % Say people would walk alone at night
54 % Say there are sidewalks
50 % Say neighbors are friendly
48 % Say streets are well-lit
45 % Say it's walkable to restaurants
44 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-08-22 11:32:53 PDT. 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) nor Zillow, Inc. 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025-10-17 12:20:34 PDT Hive MLS
Frequently asked questions about 580 E Broad Street
- What is 580 E Broad Street estimated to be worth?Trulia's estimated value for 580 E Broad Street in Athens, GA is $10,367,500.
- What is the price history for 580 E Broad Street?580 E Broad Street in Athens, GA last sold for $10,300,000 in March 2025.
- Is Athens a buyer's or seller's market?Athens is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Athens?The median sale price in Athens is $344K. That is up $2.37K from the prior month.
- Does 580 E Broad Street have air conditioning?Yes, 580 E Broad Street in Athens, GA has air conditioning.
- Does 580 E Broad Street have parking?Yes, 580 E Broad Street in Athens, GA has on-site parking.

