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Four-Unit Quadplex with Lake Views
For Sale
$1,749,900

2451 NW Old Thompson Bridge Road, Gainesville, GA 30501

MULTI_FAMILY - Gainesville, GA

Property SizeContact for details
Lot Size0.01 Acres
Days on Market138

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: Jul 31 Last Checked: Aug 4 at 10:06PM
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 four-unit quadplex is comprised of four fully completed condominium units, all reported 100% occupied, built in 2023. Each unit offers approximately 1,440 square feet with 3 bedrooms and 3.5 bathrooms. Interior finishes include hardwood flooring, and the property has central heating and central air conditioning. Exterior materials include cement siding, and the roof is composition. Parking is provided via a driveway and parking lot.

The units are positioned to provide lake views, and the property includes Lake Front waterfront features. Water service is public, and sewer is public sewer. Cable is available. The offer also includes an additional development opportunity to purchase five slab-ready condominium sites separately or in combination with the completed units.

The development portion is described as having existing basement slabs, utilities in place, previously issued permits, and civil engineering plans, allowing for potential expansion of the existing rental portfolio. The completed units, slab-ready sites, or the entire package may be purchased together or separately. Updated leases, rent roll, financial information, permits, and development documentation are available upon request.

Key Highlights

  • Four fully completed condominium units reported 100% occupied built in 2023
  • Each unit has approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms
  • Lake views plus Lake Front waterfront features

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

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?
Quadplex - Four fully occupied condo units built in 2023 with lake views, central HVAC, and public utilities.
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 $1,749,900.
What are key features of this property?
This property features: Four fully completed condominium units reported 100% occupied built in 2023; Each unit has approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms; Lake views plus Lake Front waterfront features
More about this property
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