Multifamily

Gainesville, GA Multifamily Properties for Sale

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Turnkey Residential Income Portfolio
Updated: May 27
Turnkey Residential Income Portfolio

920 Cardinal Drive, Gainesville, GA 30501

$1,100,000
0.57 AC lot
Bundle of 3 properties with 4 total homes sold together, with 3 homes currently tenant occupied and income‑producing units already rented.
920 Cardinal Dr: renovated duplex with an upper 3BD/2BA (vacant) projected at $1,600/mo and a lower 2BD/1BA projected at $1,500/mo.
920 Cardinal Dr also includes 922 Rosewood Dr: 2BD/1BA currently tenant occupied at $1,300/mo.
235 Ridgewood Ave: fully renovated 3BD/2BA with granite countertops and stainless steel appliances, currently rented at $1,800/mo.
1091 Riverside Terrace: renovated 2BD/1BA currently rented at $1,700/mo, positioned behind newly developed townhomes.
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Lake Lanier Dual Home Opportunity
Updated: Apr 29
Lake Lanier Dual Home Opportunity

3214 Simpson Park Road, Gainesville, GA 30506

$1,199,000
0.58 AC lot
Rare, nearly flat lakefront lot with 285 feet of shoreline on Lake Lanier offering easy water access and deep‑water cove.
Two homes on one property: a 3‑bedroom main house and a separate 1‑bedroom studio apartment above the garage.
Rental income potential in Hall County where short‑term rentals are permitted, with a proven track record as a successful vacation rental.
Move‑in/rental ready: Most furnishings and decor are included.
Approved for dual‑slip dock: Current single‑slip dock with jet ski port, plus U.S. Army Corps of Engineers approval for expansion.
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Newer Condominium Income Property
Newer Condominium Income Property

2451 NW Old Thompson Bridge Road, Gainesville, GA 30501

$1,849,999
0.01 AC lot

Four 2023 condominium units are 100% occupied, each with 3 bedrooms and 3.5 bathrooms, plus five slab-ready sites.

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Stabilized Multifamily Asset Near Lake
Stabilized Multifamily Asset Near Lake

2447 Old Thompson Bridge Road, Gainesville, GA 30501

$1,290,000
5,760 sqft

Fully occupied Class A multifamily property in Gainesville, Georgia.

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100% Occupied Four-Unit Condo
100% Occupied Four-Unit Condo

2451 NW Old Thompson Bridge Road, Gainesville, GA 30501

$1,849,999
0.01 AC lot

Four 2023 condo units with three bedrooms each and 3.5 baths, all currently leased.

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Class A Condominium Quadplex
Class A Condominium Quadplex

2447 NW Old Thompson Bridge Road, Gainesville, GA 30501

$1,249,900
0.01 AC lot

4 fully completed, 100% occupied condominium units built in 2023, each with 3 bedrooms and 3.5 baths.

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Modern Lake-View Quadplex
Modern Lake-View Quadplex

2447 NW Old Thompson Bridge Road, Gainesville, GA 30501

$1,249,900
0.01 AC lot

Four 100% occupied, 2023-built condominium units generate approximately $90,600 in annual rent.

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Mobile Home Park Investment Opportunity
Mobile Home Park Investment Opportunity

4519 Roy Cagle Road, Gainesville, GA 30507

$675,000
4.55 AC lot

East Hall mobile home park with income potential.

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Remodeled Duplex Income Property
Remodeled Duplex Income Property

3932 Darryl Lane, Gainesville, GA 30506

$425,000
0.45 AC lot

Newly remodeled duplex with separately metered utilities and a furnished-style layout suited for owner-occupancy or rental.

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Newly Remodeled Duplex
Newly Remodeled Duplex

3932 Darryl Lane, Gainesville, GA 30506

$425,000
0.45 AC lot

Newly remodeled Gainesville duplex with one side rented and separately metered utilities, offering an owner-occupant option.

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Mobile Home Park with 5 Homes
Mobile Home Park with 5 Homes

4519 Roy Cagle Road, Gainesville, GA 30507

$675,000
4.55 AC lot

For-sale park featuring five 2-bedroom mobile homes on two tracts with shared water metering.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 11 Active listings in Gainesville, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Log Home Quadplex on Private Acres
Log Home Quadplex on Private Acres

101 Yellow Bluff Road, Dahlonega, GA 30533

$599,000
8.87 AC lot

Log home quadplex on private acreage with rental income and a creek running through the property.

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Turnkey Investment Opportunity in Dahlonega
Turnkey Investment Opportunity in Dahlonega

490 Beaver Dam Road, Dahlonega, GA 30533

$329,900
1.40 AC lot

Established vacation rental cabin with proven income near Dahlonega.

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Flowery Branch Multifamily Investment
Flowery Branch Multifamily Investment

6184 Mitchell Street, Flowery Branch, GA 30542

$646,000
0.62 AC lot

Fully leased duplexes near Lake Lanier with future use possibilities.

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Flowery Branch Multifamily Investment
Flowery Branch Multifamily Investment

6184 Mitchell Street, Flowery Branch, GA 30542

$646,000
0.62 AC lot

Fully leased duplexes near Lake Lanier with future use possibilities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Land in Carnesville, Georgia
Waterfront Land in Carnesville, Georgia

Sawtooth Place, Carnesville, GA 30521

$149,900
8.16 AC lot

8.16 acres with over 650' waterfront on a shared lake.

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RV Lot on Creek Bank
RV Lot on Creek Bank

201 Choestoe Valley Circle lot: 16, Blairsville, GA 30512

$99,900
0.09 AC lot

Vacant RV lot on a creek in North Georgia.

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RV Resort Lot for Year-Round Living
RV Resort Lot for Year-Round Living

Foggy Mountain Road lot: 64, Blairsville, GA 30512

$79,000
0.07 AC lot

Blank-slate RV resort lot with HOA-covered utilities and access to extensive on-site amenities.

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Mountain View Lot with Amenities
Mountain View Lot with Amenities

201 Foggy Mountain Road, Blairsville, GA 30512

$89,500
0.08 AC lot

Resort-style living with mountain views near Lake Nottely.

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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.

801 Washington SW St
BOARDING/ROOMING HOUSE

801 Washington SW St, Gainesville, GA 30501-3539

Value Estimation by Request
1,204 sqft 0.55 AC lot
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520 Washington St
Multifamily properties

520 Washington St, Gainesville, GA 30501

Value Estimation by Request
15,180 sqft 0.86 AC lot
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2455 Floyd Rd
Multifamily properties

2455 Floyd Rd, Gainesville, GA 30507

Value Estimation by Request
5.84 AC lot
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3406 Thunder Pt
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 15 multifamily properties for sale in Gainesville, GA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 8,640 square feet of properties for sale, with an estimated market value of $3,870,000.

Sale prices for multifamily properties in Gainesville, GA start at $1,290,000, averaging $1,290,000, and reaching up to $1,290,000 — 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

Quadplexes 4
Duplexes 3
Mobile home & RV parks 2
Apartment buildings 1
Short term rental properties 1

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 $683K
30507 $712.5K
30501 $1.7M

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)

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