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535 Forrest Ave Ave

Gainesville, GA 30501
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Bed --

Bed

Bath 0

Bath

Acres0.63

Acre(Lot)

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 do wntown 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 layouts enhance tenant retention and overall asset performance. With strong in-place income, full occupancy, and continued rental demand in the submarket, The Bradford presents investors with a turnkey opportunity and clear upside potential through rent growth and operational efficiencies. This is an ideal acquisition for investors seeking a high-performing asset in a proven North Georgia rental corridor.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,400,000

AD Id : 76657132

MLS Id : 7744074

Lot Size : 0.63 Acre

Year Built : 1978

County : Hall

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Feature Features

  • Flooring Information

    Laminate, Vinyl
  • Roofing Information

    Asbestos Shingle
  • Interior Features

    Roof: Asbestos Shingle Window Features: Insulated Windows
  • Heating & Cooling

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

  • Building Information

    Year Built: 1978 Construction Materials: HardiPlank Type Private Pool: No View: City

  • Lot Information

    Lot Dimensions: 27443 Lot Size Acres: 0.63 Lot Size Source: Plans Lot Description: Corner Lot

    Property Information

    Subdivision: - Source Property Type: Residential Income Levels: Multi/Split Property Age: 48

  • Listing Price Information

    Listing Price: $2400000

  • Tax Information

    Tax Year: 2025 Annual Tax: $35932 Tax Legal Desc: -

  • Parking Information

    Parking Total: 9 Parking Lot, Paved

  • School Information

    Elementary School: Centennial Arts Academy
    Junior High School: Gainesville East
    Senior High School: Gainesville
  • Utility Information

    Cable Available, Electricity Available, Phone Available, Water Available
  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

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3978 Pine Shore Circle, Gainesville, GA, 30501 $519,900 3 2 2,656 2,656 SqFt
3978 Pine Shore Circle, Gainesville, GA, 30501 $519,900 3 3 2,656 2,656 SqFt
3928 Lake Court, Gainesville, GA, 30501 $829,000 5 3 1,749 1,749 SqFt
3852 Clubhouse Dr Dr, Gainesville, GA, 30501 $1,125,000 6 3 4,416 4,416 SqFt
3852 Clubhouse Dr, Gainesville, GA, 30501 $1,125,000 6 3 4,416 4,416 SqFt
3662 Lakeview Drive, Gainesville, GA, 30501 $265,000 3 2 1,104 1,104 SqFt
3662 Lakeview Drive, Gainesville, GA, 30501 $265,000 3 2 1,104 1,104 SqFt
3552 Ridge Drive, Gainesville, GA, 30501 $409,900 4 3 --
3552 Ridge Drive, Gainesville, GA, 30501 $409,900 4 3 --
3435 Livingston Road, Gainesville, GA, 30501 $415,000 4 3 2,023 2,023 SqFt

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ByOwner last updated this listing 06/07/2026 @ 01:43

MLS: 7744074 LISTED BY: LESLIE WHITE, Resource Brokers, LLC. 770-540-7881 SOURCE: First Multiple Listing Service (FMLS)

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