Four-Unit Condominium Income
For Sale
$1,799,999
2451 NW Old Thompson Bridge Road, Gainesville, GA 30501
MULTI_FAMILY - Gainesville, GA
Lot Size0.01 Acres
Days on Market133
Property Features for 2451 NW Old Thompson Bridge Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
21
Subdivision
Hidden Cove
Elementary school
Enota
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
HOA Fee
$2,160 Annually
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
3
Number of units
9
Building materials
Concrete
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Cindy Laduke · License #386153
(678) 650-1425
Added: Mar 20
Changed: Jul 20
Last Checked: Jul 30 at 2:06PM
MLS# 10714666
Copyright © 2026 Georgia Multiple Listing Service. 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 offering consists of four fully completed, 100% occupied condominium units built in 2023. The units are each configured with 3 bedrooms and 3.5 bathrooms, and the property is presented as an income-producing investment with current gross rental income based on the existing rent roll. The condominium units include lake views.
The address is 2451 NW Old Thompson Bridge Road in Gainesville, GA 30501 (Hall County). The remarks state the property is within walking distance of Holly Park and minutes from Lake Lanier and local shopping, dining, medical facilities, and major employment centers.
An additional development component is available to purchase separately or in combination: five slab-ready condominium sites. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans. The four completed condominium units, the five slab-ready sites, or the entire package may be purchased together or separately.
The address is 2451 NW Old Thompson Bridge Road in Gainesville, GA 30501 (Hall County). The remarks state the property is within walking distance of Holly Park and minutes from Lake Lanier and local shopping, dining, medical facilities, and major employment centers.
An additional development component is available to purchase separately or in combination: five slab-ready condominium sites. The development portion includes existing basement slabs, utilities in place, previously issued permits, and civil engineering plans. The four completed condominium units, the five slab-ready sites, or the entire package may be purchased together or separately.
Key Highlights
- Newer construction built in 2024 with concrete construction and central heating and central air
- Four fully completed, Class A condominium units, 100% occupied, with current gross rental income of about $90,600/year
- Each unit is approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four fully completed, 100% occupied condominium units built in 2023 create an income-producing four-unit multifamily offering.
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 $1,799,999.
What are key features of this property?
This property features: Newer construction built in 2024 with concrete construction and central heating and central air; Four fully completed, Class A condominium units, 100% occupied, with current gross rental income of about $90,600/year; Each unit is approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms
