535 Forrest Ave, Gainesville, GA 30501
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
535 Forrest Ave,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....
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Home facts
- Year built:1978
- Listing ID #:10721645
- Updated:April 01, 2026 at 10:40 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
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