Gainesville, GA Multifamily Properties for Sale

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Darien, GA Oakwood, GA Flowery Branch, GA Saint Marys, GA Lula, GA Gillsville, GA Talmo, GA Murrayville, GA

Found 18 multifamily properties for sale in Gainesville, GA, averaging $152/sq ft. Use valuation data to compare deals faster.

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Updated: Mar 22

Stabilized Multifamily Asset Near Lake

2447 NW Old Thompson Bridge Road, Gainesville, GA 30501

$1,149,900

5,760 sqft

Fully stabilized, 100% occupied Class A multifamily asset built in 2023
Located in the highly desirable Lake Lanier / Gainesville corridor of North Georgia
Generates approximately $90,600 in annual gross income with an estimated 6.24% cap rate
Spacious units offer approximately 1,440 SF with 3 bedrooms and 3.5 bathrooms
Leases allow for potential rent increases upon renewal

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2447 NW Old Thompson Bridge Road, Gainesville, GA 30501

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Est. Cap Rate

5.1%
NOI ÷ price
Est. NOI

$58K
Annual
Price @ 7% Cap

$834K
Suggested

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Updated: Apr 29

Lakefront Dual-Home Short-Term Rental

3214 Simpson Park Road, Gainesville, GA 30506

$1,199,000

0.58 AC lot

Two residences: a 3‑bedroom, 2‑bathroom main home and a 1‑bedroom, 1‑bathroom studio
0.58‑acre lot with 285 feet of Lake Lanier shoreline
Studio apartment above detached two‑car garage with full kitchen and new HVAC
Single‑slip dock with attached jet ski port; deep water remains available at low lake levels
U.S. Army Corps of Engineers approval secured for a potential dual‑slip dock

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Four-Unit Multifamily Property

2451 NW Old Thompson Bridge Road, Gainesville, GA 30501

$1,499,900

0.01 AC lot

Income-producing condominium residences include five additional slab-ready development sites with utilities in place or stubbed.

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Four-Unit Lake-View Quadplex

2447 NW Old Thompson Bridge Road, Gainesville, GA 30501

$1,149,900

0.01 AC lot

Fully occupied condominium units feature three-bedroom layouts and lake views.

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Renovated Nine-Unit Apartment Building

535 Forrest Ave, Gainesville, GA 30501

$2,400,000

10,800 sqft 0.63 AC lot

Fully occupied residential property with updated interiors, stainless steel appliances, varied floor plans, and on-site parking.

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Quadplex With Expansion Sites

2451 NW Old Thompson Bridge Road, Gainesville, GA 30501

$1,499,900

0.01 AC lot

Four occupied condominium residences accompany five additional slab-ready sites with utilities in place or stubbed.

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Lakefront Quadplex

2447 NW Old Thompson Bridge Road, Gainesville, GA 30501

$1,149,900

0.01 AC lot

Four completed condominium residences offer lake views, assigned parking-lot access, and public water and sewer service.

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Renovated Waterfront Retreat on Lake Lanier

3551 Monroe Circle, Gainesville, GA 30506

$649,000

0.33 AC lot

Fully renovated two-bedroom waterfront retreat with private dock and lake access.

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Remodeled Duplex with Separate Utilities

3932 Darryl Lane, Gainesville, GA 30506

$374,900

0.45 AC lot

Two-unit residence offers updated interiors, separate utility metering, and driveway and carport parking.

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Remodeled Duplex with Carport

3932 Darryl Lane, Gainesville, GA 30506

$374,900

0.45 AC lot

Two separately metered units offer flexible owner-occupancy and rental arrangements.

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Class A Condominium-Style Multifamily Portfolio

2486 Hidden Cove Court, Gainesville, GA 30501

$750,000

21,760 sqft

A 15-unit Class A condominium portfolio with four fully occupied units and eleven approved for completion under an HOA.

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Five-Unit Mobile Home Park

4519 Roy Cagle Road, Gainesville, GA 30507

$675,000

4.55 AC lot

Income-producing park with leased homes across two tracts and public water service.

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Residential Income Property

2938 Bridge Dr, Gainesville, GA 30506

$327,000

The property offers central air and an on-site parking pad.

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Modernized 47-Unit Apartment Building

710 Jesse Jewell Pkwy SE, Gainesville, GA 30501

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Renovated multifamily property with studio and one-bedroom floor plans near Northeast Georgia Medical Center.

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20-Unit Boutique Apartment Complex

915 Washington St NW, Gainesville, GA 30501

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Fully leased multifamily property with spacious two-bedroom apartments, modern finishes, private laundry hookups, and lighted parking.

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Duplex with Parking Pad

2950 Bridge DR, Gainesville, GA 30506

$400,000

Built in 2001 with central air and an on-site parking pad.

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Four-Unit Multifamily Property

563 & 567 NW Northside Drive, Gainesville, GA 30501

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For sale four-unit multifamily property, offered as a quadplex structure.

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1983-Built 66-Unit Apartment Building

3656 Browns Bridge Rd, Gainesville, GA 30504

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Well-maintained 66-unit apartment building built in 1983, located on Browns Bridge Road with heavy daily traffic.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Gainesville, GA, we suggest to view alternatives - similar 4 Off-Market properties to explore as potential leads.

Off-Market Properties in Gainesville, GA

Consider similar Off-Market properties in Gainesville, GA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

BOARDING/ROOMING HOUSE

801 Washington SW St, Gainesville, GA 30501-3539

$250,000

Estimated value

1,204 sqft 0.55 AC lot

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Multifamily properties

520 Washington St, Gainesville, GA 30501

Value Estimation by Request

15,180 sqft 0.86 AC lot

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Multifamily properties

2455 Floyd Rd, Gainesville, GA 30507

Value Estimation by Request

5.84 AC lot

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Churches & religious facilities

3406 Thunder Pt, Gainesville, GA 30506

Value Estimation by Request

7,401 sqft 2.00 AC lot

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Gainesville, GA Multifamily Properties Market Trends and Statistics

Explore 22 multifamily properties for sale in Gainesville, GA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 38,320 square feet of properties for sale, with an estimated market value of $13,599,300.

Sale prices for multifamily properties in Gainesville, GA start at $327,000, averaging $971,378, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 137K

Population Growth (5Y) +4.8%

Median Household Income $77,083

College Educated 26.4%

High-Yield Neighborhoods for Investment

Identify Gainesville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
30506	$554.1K
30507	$675K
30501	$1.4M

Taxes & Financing

Tax Rate (average for all types) 2.81%

Property Tax per SF $68.46 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hall County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hall County

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