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Four-Unit Condominium Quadplex

2451 NW Old Thompson Bridge Road Gainesville, GA 30501

2451 NW Old Thompson Bridge Road, Gainesville, GA, 30501
$1,900,000
For Sale
Claim this Listing
$1,900,000

MULTI_FAMILY - Gainesville, GA

Property Size5,760 SF
Lot Size0.01 Acres
Price / SF$329.86
AddedMar 20
Days on Market117
Last RefreshJul 14 at 12:06 pm

Property Features for 2451 NW Old Thompson Bridge Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
9
Parking features
Parking Lot, Driveway
Window features
Double Pane Windows
Standard status
Active
APN
01097A000026
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
Cement Siding, Concrete
Roof type
Composition

Listing agent Cindy LaDuke

Listing office EXP Realty, LLC. Promenade Ll 1372 Peachtree St Ne, Atlanta, GA

Listing date Mar 20, 2026

MLS# 7738614 Listing URL

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.

Four fully completed, 100% occupied condominium units built in 2023 make up this quadplex at 2451 NW Old Thompson Bridge Road in Gainesville. Each unit is approximately 1,440 square feet and is configured with 3 bedrooms and 3.5 bathrooms. The current gross rental income is approximately $90,600 annually based on the existing rent roll. The condominiums include lake views.

In addition to the four completed units, the offering provides an extra development component: five slab-ready condominium sites that can be purchased separately or in combination with the completed property. The development portion notes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans. This package is available as four completed units, the five sites, or the entire combination.

This property is structured for investors or operators seeking a modern, multi-unit residential rental arrangement with completed units and documented site development materials for expansion. With updated leases, rent roll, financial information, permits, and development documentation available upon request, buyers can review the basis for current occupancy and evaluate the additional slab-ready sites as part of the overall plan.

Key Highlights

  • 2024‑built Class A condominium investment with four fully completed units, 100% occupied.
  • Each unit offers approx. 1,440 SF with 3 bedrooms and 3.5 bathrooms.
  • Current gross rental income approx. $90,600 annually based on the existing rent roll.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Auto Repair Shop Hair Salon Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Real Estate Agency (Bike/Boat/Book/etc) Store Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Built in 2023 and 100% occupied, each unit offers lake views and modern, low-maintenance income potential.
Where is this quadplex located?
The property is located at 2451 NW Old Thompson Bridge Road Gainesville, GA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 2024‑built Class A condominium investment with four fully completed units, 100% occupied.; Each unit offers approx. 1,440 SF with 3 bedrooms and 3.5 bathrooms.; Current gross rental income approx. $90,600 annually based on the existing rent roll.
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