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!

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Home facts

  • Year built:1965
  • Listing Id #:7558139
  • Updated:August 03, 2025 at 01:22 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)
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