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Lakefront Quadplex
For Sale
$1,499,900

2451 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 2451 NW Old Thompson Bridge Road

General Information

Property type Residential Multi Family
Property subtype Other
Parking 9
Parking features Driveway, 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 NW to Thompson Bridge Rd. Turn right onto Thompson Bridge Rd and continue approximately 2.5 miles. Turn left onto Old Thompson Bridge Rd NW. Properties are located at 2451, 2447, 2443, and 2539 NW Old Thompson Bridge Rd.
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 Agency: EXP Realty, LLC.
Listed By: Cindy LaDuke
Added: Mar 20 Changed: Aug 28 Last Checked: Aug 28 at 8:06PM
MLS# 7738614

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 includes four completed condominium residences, each measuring approximately 1,440 square feet with three bedrooms and 3.5 bathrooms. The units feature hardwood flooring, cement siding and concrete construction, central heating, central air, driveway and parking-lot access, public water, and public sewer. The residences are fully occupied and positioned for continued residential rental use.

The property is located at 2451 NW Old Thompson Bridge Road in Gainesville, Georgia, within the Lake Lanier corridor. Lake views are available from the units, and Holly Park is within walking distance. Lake Lanier, shopping, dining, medical facilities, and major employment centers are located minutes away.

Five additional condominium sites are available separately or with the completed residences. These sites include basement slabs, utilities, previously issued permits, and civil engineering plans, creating an expansion component for the property.

Key Highlights

  • Four completed condominium units, each approximately 1,440 square feet
  • Each residence includes 3 bedrooms and 3.5 bathrooms
  • 100% occupied residential units with lake views

Property Analytics

Current Use

Residential land & home ...

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

100%
Occupancy

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?
Multifamily property - Four occupied condominium residences offer three-bedroom layouts, modern finishes, and central heating and cooling.
Where is this multifamily property 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 $1,499,900.
What are key features of this property?
This property features: Four completed condominium units, each approximately 1,440 square feet; Each residence includes 3 bedrooms and 3.5 bathrooms; 100% occupied residential units with lake views
More about this property
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