3 & 5 Indianola Drive, Gainesville, GA 30501
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
3 & 5 Indianola Drive,Gainesville, GA 30501
$610,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:cj geiger
Office:excalibur homes, llc.
MLS#:7558139
Source:FIRSTMLS
Price summary
- Price:$610,000
About this home
Rare opportunity to own two beautifully renovated homes situated on 3.6 acres just 1.5 miles from Gainesville’s historic district. Ideal for investors, multi-generational living, or homeowners seeking to live in one home while renting out the other, this unique property offers flexibility and income potential. Each home features 3 bedrooms and 2 bathrooms, with approximately 1,500 square feet of living space. Recent updates include hardwood flooring, tile bathrooms, modern kitchens, separate laundry rooms, and fresh, lush landscaping. Both homes have new roofs and updated systems, offering peace of mind and move-in-ready convenience. With no HOA or restrictions, you’ll enjoy the freedom to make the property work for your lifestyle or investment goals. Currently, #5 has become recently vacant, #3 is rented for $1,875 per month, making this a truly income-producing property with proven returns. Don’t miss this exceptional in-town opportunity!
Contact an agent
Home facts
- Year built:1965
- Listing ID #:7558139
- Updated:September 30, 2025 at 01:21 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1965
- Lot area:3.6 Acres
Schools
- High school:Gainesville
- Middle school:Gainesville East
- Elementary school:Gainesville Exploration Academy
Utilities
- Water:Public, Water Available
- Sewer:Septic Tank
Finances and disclosures
- Price:$610,000
- Tax amount:$996 (2024)
New listings near 3 & 5 Indianola Drive
- New$209,999Active1 beds 1 baths840 sq. ft.
9025 Belaire Street, Gainesville, GA 30506
MLS# 10617215Listed by: Century 21 Results - New$140,000Active0.33 Acres
2054 Spring Road, Gainesville, GA 30504
MLS# 10617261Listed by: Keller Williams Lanier Partners - New$340,000Active3 beds 2 baths1,390 sq. ft.
2903 Lynncliff Drive, Gainesville, GA 30506
MLS# 7659390Listed by: TEAM WIN REALTY - New$1,399,000Active5 beds 5 baths3,770 sq. ft.
6008 Tradewinds Cove, Gainesville, GA 30506
MLS# 7658230Listed by: KELLER WILLIAMS LANIER PARTNERS - Coming Soon$405,000Coming Soon3 beds 3 baths
4260 Mountain Ridge Road, Gainesville, GA 30506
MLS# 7659156Listed by: THE NORTON AGENCY - Open Sat, 11am to 1pmNew$324,900Active3 beds 2 baths1,338 sq. ft.
3208 Navajo Circle, Gainesville, GA 30501
MLS# 7658862Listed by: KELLER WILLIAMS REALTY ATLANTA PARTNERS - New$510,000Active5 beds 5 baths2,722 sq. ft.
4018 Oxford Lane, Gainesville, GA 30506
MLS# 7659095Listed by: ANSLEY REAL ESTATE| CHRISTIE'S INTERNATIONAL REAL ESTATE - New$199,900Active3 beds 1 baths1,248 sq. ft.
2620 Walnut Road, Gainesville, GA 30506
MLS# 7658996Listed by: VIRTUAL PROPERTIES REALTY.COM - New$495,000Active3 beds 2 baths2,710 sq. ft.
7820 Mosswood Lane, Gainesville, GA 30506
MLS# 10616533Listed by: Anchor Real Estate Advisors - New$700,000Active4 beds 3 baths2,508 sq. ft.
9320 Chestatee Court, Gainesville, GA 30506
MLS# 7658612Listed by: KELLER WILLIAMS REALTY COMMUNITY PARTNERS