4-Lot RM-1 Land Portfolio – Cumberland Court, Athens GA
NAI Elrod Group is pleased to offer a rare four-lot RM-1 land portfolio on Cumberland Court in Athens-Clarke County — the last remaining vacant lots on the street. Positioned between two established multifamily communities, this 1.64-acre assemblage offers a ready-to-build opportunity for multifamily development in one of Athens’ most connected in-town locations.
Property Details:
- Address: 110, 115, 150 & 155 Cumberland Court, Athens, GA 30607
- List Price: $500,000 (all 4 parcels)
- Lot Count: 4 individual, non-contiguous parcels
- Acreage: 0.41 acres per lot (1.64 acres total)
- Zoning: RM-1 — supports up to 16 beds per acre
- Current Use: Vacant land
- Utilities: Water and sewer available to all four lots
- Tax IDs: 112B1 A010, 112B1 A001, 112B1 A006, 112B1 A005
Location & Access:
Cumberland Court sits off Kathwood Drive in Athens-Clarke County, flanked by two established multifamily communities: Rolling Ridge Apartments (160 units) on Rolling Ridge Drive and Kathwood Townhomes (80 units) on Kathwood Drive. 110 and 115 Cumberland Court occupy the two front corners at the street’s entrance, while 150 and 155 sit on the cul-de-sac at the far end. An Athens Transit stop is located right at the Kathwood Drive/Cumberland Court intersection. The site is roughly 1.5 miles from Loop 10 and less than 3 miles from downtown Athens, putting future residents within easy reach of both the highway system and the University of Georgia/downtown core.

Why This Opportunity Stands Out:
With RM-1 zoning already in place and water and sewer available at all four parcels, this portfolio removes much of the up-front entitlement work typically facing multifamily land buyers in Athens-Clarke County. Sitting between 240 combined existing multifamily units, the location has a proven track record for rental demand — and with these being the last vacant lots on Cumberland Court, this is a closing window for infill development in this corridor.
Current Land Listings
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Townhome Development Site | 00 Sunset Drive, Statham, GA 30666 — $750,000, 3.58 Acres
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Highway 78 Corner Lot | 1011 Garland Drive, Bogart, GA 30622 — $250,000, 0.46 Acres
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8.19-Acre Industrial Site | 4330 Mars Hill Road, Bogart, GA 30622 — $1,300,000, 8.19 Acres
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17-Acre Corridor Commercial | 1180 Greensboro Hwy, Watkinsville, GA 30677 — $5,200,000, 16.99 Acres
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I-20 East Development Parcel | 00 Three Points Road, Thomson, GA 30824 — $25,000/acre, 114.79 Acres
Related Articles:
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Athens Multifamily Market Report: What the Numbers Tell Us in 2026
Athens Multifamily Q&A with Brian Elrod, Q1 2026
Athens Multifamily: Brian Elrod Responds to the Q1 2026 Data