(864) 362-2375
$2,400,000
535 Forrest Avenue, Gainesville, GA 30501
0.63Acres
1978YearYear Built
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.
Location
Key Facts
Status: Active
Type: Residential Income
Neighborhood: None
Annual Taxes: $35,932
HOA Fees: $0
MLS: Georgia
MLS #: 10721645
Features
Multi Family
Mortgage Calculator
$12,136Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $2,400,000
Status: Active — For Sale
Days on market: 58
Last updated: Apr 14, 2026
Schools
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Source MLS #: 10721645
Last updated: Apr 14, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.