The Perfect Pink House in the Heart of Five Points! This iconic 8-bedroom property at 197 S. Milledge Avenue offers an exceptional investment opportunity in one of Athens’ most sought-after locations. Just steps from Five Points and minutes to the University of Georgia, this charming home combines character, visibility, and unbeatable convenience. Known affectionately as “The Perfect Pink House,” the property is fully leased through July 2027, providing immediate and stable rental income for investors. With eight spacious bedrooms, ample living space, and a prime location along historic Milledge Avenue, this property is highly desirable among student renters and continues to enjoy strong leasing demand year after year. Whether you’re looking to expand your investment portfolio or secure a premier Athens asset with long-term income already in place, this is a rare opportunity to own one of the most recognizable homes in Five Points. Highlights: 8 Bedrooms Fully leased through July 2027 Prime Five Points location Minutes to UGA campus Strong rental history and investment potential Iconic “Perfect Pink House” with memorable curb appeal Rare opportunity on historic South Milledge Avenue Investment properties in this location with long-term leases in place rarely come available.