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535 Forrest Ave, Gainesville, GA 30501

Gainesville
Local realty services provided by:CENTURY 21 Novus
535 Forrest Ave,Gainesville, GA 30501
$2,400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: leslie white770-540-7881
Office: resource brokers, llc.
MLS#:7744074
Source:FIRSTMLS

Price summary

  • Price:$2,400,000

About this home

Introducing 535 Forrest Avenue, “The Bradford,” a rare opportunity to acquire a fully stabilized, income-producing multifamily asset in the rapidly growing Gainesville market. This approximately 10,800-square-foot property consists of nine well-designed residential units with an ideal mix of two- and three-bedroom floor plans, catering to strong tenant demand in the area. The property is currently operating at 100% occupancy with rents averaging approximately $1,750 per month, delivering immediate and consistent cash flow from day one. Originally built in 1978 and extensively renovated in 2016, the asset offers modern interiors, including stainless steel appliances and updated finishes, positioning it competitively within the market. Strategically located on a 0.63-acre site near downtown Gainesville, the property benefits from proximity to major employment centers, retail, dining, and schools, further supporting long-term rental stability. On-site parking and functional...

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Home facts

  • Year built:1978
  • Listing ID #:7744074
  • Updated:April 04, 2026 at 01:37 PM

Rooms and interior

  • Flooring:Laminate, Vinyl

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1978
  • Lot area:0.63 Acres
  • Lot Features:Corner Lot
  • Construction Materials:HardiPlank Type
  • Levels:Multi/Split

Schools

  • High school:Gainesville
  • Middle school:Gainesville East
  • Elementary school:Centennial Arts Academy

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,400,000
  • Tax amount:$35,932 (2025)

Parking

  • Total parking spaces:9
  • Parking description:Parking Lot, Paved
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