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Lakefront Quadplex
For Sale
$1,149,900

2447 NW Old Thompson Bridge Road, Gainesville, GA 30501

Residential Income, Gainesville, GA

Property SizeContact for details
Lot Size0.01 Acres
Days on Market162

Property Features for 2447 NW Old Thompson Bridge Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 8
Parking features Parking Lot
Window features Double Pane Windows
Subdivision Hidden Cove
Lot features Wooded
View Lake
Elementary school Enota Multiple Intelligences Academy
Middle school Gainesville East
High school Gainesville
Directions From Downtown Gainesville, take Jesse Jewell Pkwy (US-129) toward Old Thompson Bridge Rd. Turn onto Old Thompson Bridge Rd (GA-60) and continue north. Property will be on the right near Hidden Cove Ct. Use GPS: 2439, 2443, 2447, 2451 Old Thompson Bridge Rd, Gainesville, GA 30501
Standard status Active
APN 01097A000027
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3866

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public
Water front features Lake Front
Water front 1

Building Details

Year built 2024
Floors in Building 3
Flooring type Hardwood
Building materials Block, HardiPlank Type
Roof type Composition
Listing Agency: EXP Realty, LLC.
Listed By: Cindy LaDuke
Added: Mar 20 Changed: Aug 19 Last Checked: Aug 28 at 8:06PM
MLS# 7738667

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This lakefront quadplex contains 4 completed condominium units, each offering approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms. The residences feature hardwood flooring, central heating, central air conditioning, block and HardiPlank construction, composition roofing, and access to cable service. Public water and public sewer serve the property, while parking is provided in a parking lot.

The condominium units are 100% occupied and positioned within walking distance of Holly Park. Lake views are available from the residences, and the property is located minutes from Lake Lanier, Gainesville retail corridors, dining, medical facilities, and major employment centers.

Key Highlights

  • 4 condominium units, each approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms
  • 100% occupied residential income property
  • Lake Front setting with lake views from the condominium units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Hair Salon Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

Demographics for 30501, GA

29,779
Population
12,916
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
71%
High-School Grad
21.9 sq mi
ZIP Area
1,360
Density / Sq Mi
$58,214
Median Household Income
$33,299
Median Earnings
$1,152
Median Rent
$249,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four completed condominium residences offer lake views, assigned parking-lot access, and public water and sewer service.
Where is this quadplex located?
The property is located at 2447 NW Old Thompson Bridge Road Gainesville, GA.
What is the asking price?
The asking price for this property is $1,149,900.
What are key features of this property?
This property features: 4 condominium units, each approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms; 100% occupied residential income property; Lake Front setting with lake views from the condominium units
More about this property
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