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$2,400,000
535 Forrest Ave, Gainesville, GA 30501Listing ID 7744074

535 Forrest Ave, Gainesville, GA 30501

Active
-
Time on site: 134 daysLast updated: Apr 1, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Other
Acres
Acres
0.63
Days on Site
Days on Site
133
Cooling
Cooling
Ceiling Fan(s), Central Air
Heating
Heating
Central
Year Built
Year Built
1978
Parking
Parking
Parking Lot, Paved

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.

Property Information

Property Details

Location

Address
535 Forrest Ave
County
Hall - GA
City
Gainesville
Zip Code
30501
Subdivision
-
High School
Gainesville
Elementary School
Centennial Arts Academy
Resource Brokers, LLC., (770) 540-7881

Interior Features

Heating and Cooling

Cooling
Ceiling Fan(s), Central Air
Heating
Central

Building

Building Information

Year Built
1978
Construction
HardiPlank Type
Roof
Asbestos Shingle
Condition
Updated/Remodeled

Property Taxes

Tax Annual Amount
$35,932
Tax Year
2025
Source: First Multiple Listing Service
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