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

10721645

Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Other
HOA Fee 0
Association Fee Includes None
Construction Materials Other
Year Built 1978
Levels Multi/Split
Property Subtype Multi Family
Tax Year 2025
Gross Income 0
Community Features Sidewalks Street Lights Near Public Transport Walk To Schools Near Shopping
County Hall
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Garage Y/N false
Status New
Directions GPS
High School Gainesville
City Gainesville
Body of Water None
Number Of Units Total 9
Lot Size Units Square Feet
Lot Size Square Feet 27442.8
Carport Y/N false
Elementary School Centennial
Tax Annual Amount 35932
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Gainesville East
Property Condition Updated/Remodeled
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Side/Rear Entrance
Water Source Public
Total Parking 10
Lot Size Area 27442.8
Lot Size Acres 0.63
Lot Size Source Public Records
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* Excluded Features
List By
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
4135644 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