535 Forrest Ave Gainesville, GA $ 2,400,000
535 Forrest Ave
$ 2,400,000
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535 Forrest Ave

Gainesville, GA, 30501
$ 2,400,000
Baths0.0

Monthly Estimate*

$ 14,777

535 Forrest Ave, Gainesville, GA 30501 - Image 1
535 Forrest Ave, Gainesville, GA 30501 - Image 2
535 Forrest Ave, Gainesville, GA 30501 - Image 3
535 Forrest Ave, Gainesville, GA 30501 - Image 4
535 Forrest Ave, Gainesville, GA 30501 - Image 5
535 Forrest Ave, Gainesville, GA 30501 - Image 6
Studio

Multi-Family Home for sale in Gainesville, GA

for $2,400,000. This home was built in 1978 on a lot size of 0.63.

Introducing 535 Forrest Avenue, “The Bradford,” a rare opportunity to acquire a fully stabilized, income-producing multifamily asset in the rapidly growing Gainesville market. This approximately 10,800-square-foot property consists of nine well-designed residential units with an ideal mix of two- and three-bedroom floor plans, catering to strong tenant demand in the area. The property is currently operating at 100% occupancy with rents averaging approximately $1,750 per month, delivering immediate and consistent cash flow from day one. Originally built in 1978 and extensively renovated in 2016, the asset offers modern interiors, including stainless steel appliances and updated finishes, positioning it competitively within the market. Strategically located on a 0.63-acre site near downtown Gainesville, the property benefits from proximity to major employment centers, retail, dining, and schools, further supporting long-term rental stability. On-site parking and functional layouts enhance tenant retention and overall asset performance. With strong in-place income, full occupancy, and continued rental demand in the submarket, The Bradford presents investors with a turnkey opportunity and clear upside potential through rent growth and operational efficiencies. This is an ideal acquisition for investors seeking a high-performing asset in a proven North Georgia rental corridor.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 35,932

Style

Lot Size

0.63

Year Built

1978

Town/City

Gainesville

County/Region

Hall

MLS | Web ID

7744074

Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Phone Available Water Available
Roof Asbestos Shingle
Security Features None
Construction Materials HardiPlank Type
Year Built 1978
View City
Levels Multi/Split
Property Subtype Other
Tax Year 2025
Waterfront Features None
Community Features Near Beltline Near Public Transport Near Schools Near Shopping Sidewalks Street Lights
Accessibility Accessible Bedroom Accessible Closets Accessible Entrance Accessible Full Bath Accessible Hallway(s)
County Hall - GA
Property Type Residential Income
HOA false
Energy Efficient None
Green Energy Generation None
Status Active
Directions GPS
High School Gainesville
City Gainesville
Body of Water None
Number Of Units Total 9
Elementary School Centennial Arts Academy
Property Attached Y/N false
Tax Annual Amount 35932
Home Warranty Y/N false
Middle/Junior High School Gainesville East
Property Condition Updated/Remodeled
Standard Status Active
Freehold IDX
Corporate Owner Corporate Owner
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Interior
Flooring Laminate Vinyl
Window Features Insulated Windows
Total Baths 0
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Exterior
Fencing None
Parking Features Parking Lot Paved
Lot Features Corner Lot
Water Source Public
Total Parking 9
Lot Dimensions 27443
Lot Size Acres 0.63
Lot Size Source Plans
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* Excluded Features
List By
LESLIE WHITE

Listing Agent

Resource Brokers, Llc.

Broker

leslie@resourcepropertygroup.com

Email

Affordability Calculator

$17,772
Per Month
83%
17%
0%
Monthly Principal & Interest
$14,777
Monthly Property Taxes
$2,994
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1928306 Elementary School
4308272 Middle School
Gainesville High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2026$2,400,000 Listed Price

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535 Forrest Ave, Gainesville, GA, 30501 is a Multi-Family Home for sale at $2,400,000 with a lot size of 0.63. 535 Forrest Ave is a studio with 0.0 baths and was built in 1978. The property's zip code is 30501 which is in Gainesville, GA