535 Forrest Avenue, Gainesville, GA 30501
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
535 Forrest Avenue,Gainesville, GA 30501
$2,400,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: leslie white
Office: resource brokers, llc
MLS#:10721645
Source:METROMLS
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 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....
Contact an agent
Home facts
- Year built:1978
- Listing ID #:10721645
- Updated:June 08, 2026 at 10:51 AM
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
- Levels:Multi/Split
Schools
- High school:Gainesville
- Middle school:Gainesville East
- Elementary school:Centennial
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,400,000
- Tax amount:$35,932 (2025)
Parking
- Total parking spaces:10
- Parking description:Side/Rear Entrance
New listings near 535 Forrest Avenue
- Coming Soon
$580,000Coming Soon5 beds 3 baths5611 High Harbor Court, Gainesville, GA 30504
MLS# 10780708Listed by: Keller Williams Lanier Partners - Coming Soon
$700,000Coming Soon5 beds 3 baths3354 Locust Cove Road Sw, Gainesville, GA 30504
MLS# 10780602Listed by: Keller Williams Community Partners - New
$346,990Active3 beds 2 baths9005 Lemans Trail, Gainesville, GA 30506
MLS# 10780605Listed by: Virtual Properties Realty.com - New
$879,900Active4 beds 4 baths3,043 sq. ft.8320 Shoal Court, Gainesville, GA 30506
MLS# 10780484Listed by: LLane & Co. - New
$878,326Active5 beds 5 baths3,864 sq. ft.8410 Creekside Overlook Drive, Gainesville, GA 30506
MLS# 10780485Listed by: LLane & Co. - New
$649,900Active5 beds 4 baths3,797 sq. ft.8220 Sagewood Drive, Gainesville, GA 30506
MLS# 10780350Listed by: Keller Williams Realty Consultants - New
$375,000Active3 beds 3 baths1,994 sq. ft.4524 Price Road, Gainesville, GA 30506
MLS# 10780361Listed by: Joseph Walter Realty, LLC - New
$474,999Active3 beds 3 baths2,229 sq. ft.9610 Eagles Landing Drive, Gainesville, GA 30506
MLS# 10780388Listed by: Keller Williams Realty Atl. Partners - New
$630,000Active5 beds 3 baths3,746 sq. ft.4984 Little Fox Trl, GAINESVILLE, GA 30507
MLS# 10780314Listed by: Keller Williams Lanier Partners - New
$625,000Active5 beds 3 baths3,898 sq. ft.2859 Village Court, Gainesville, GA 30506
MLS# 10780327Listed by: Life Path Realty