$275,000

1113 Riverside Terrace Gainesville, GA 30501

Estimated payment $1,539/month

Total Views 6,340
2 Beds
1 Bath
910 Sq Ft
$302 Price per Sq Ft

Highlights

  • Ranch Style House
  • No HOA
  • Central Air
  • Wood Flooring

About This Home

Multifamily Land for Sale | 1113 Riverside Ter, Gainesville, GA 30501 Price: $275,000 Lot Size: 0.27 Acres | Zoning: R-II Redevelopment Opportunity in Prime Gainesville Location Unlock the potential of this rare redevelopment property in the heart of Gainesville! This 0.27-acre lot is zoned R-II, allowing for single-family homes, duplexes, townhomes 3 units, condos, or apartments. Currently improved with a 2-bedroom, 1-bath home built in 1953, the structure is not suitable for occupancy and is being sold as-is for redevelopment purposes. Property Highlights R-II Zoning - Multifamily, townhomes, condos, or redevelopment permitted 0.27-acre lot | Sewer connection verified by the City of Gainesville Seller to provide a new survey Two new townhomes under construction next door Assemblage potential - Combine with 1112 Alpine St NE (also for sale) to expand development Location Advantages Just minutes from Downtown Gainesville, Northeast Georgia Medical Center, Brenau University, schools, shopping, and Lake Lanier - all major drivers of housing demand. This property offers an exceptional opportunity for investors, builders, and developers seeking infill projects and growth potential in one of Gainesville's most active redevelopment corridors. Please note: The conceptual plan applies to 1113 Riverside Ter and 1112 Alpine St. Only three townhomes may be built on 1113 Riverside Ter.

Listing Agent

Lourdes Bartlett

Progressive Realty LLC License #423616 Listed on: 08/05/2025

Co-Listing Agent

Wayne Bartlett, CCIM

Progressive Realty LLC License #148452

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,039

Year Built

  • Built in 1950

Home Design

  • Ranch Style House
  • Metal Roof

Interior Spaces

  • 910 Sq Ft Home
  • Wood Flooring
  • Crawl Space
  • Laundry in Hall

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Enota Elementary School
  • Gainesville Middle School
  • Gainesville High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • 0.27 Acre Lot
  • City Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,039

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • ArchitecturalStyle: Ranch
  • Co List Office: MAYR
  • Levels: One
  • Lot Size Acres: .27
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Bedrooms: 2
  • Basement: Crawl Space
  • Total Finished Sq Ft: 910
  • Above Grade Finished Sq Ft: 910
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Price Per Square Foot: 302.197

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Other
  • Lot Features: City Lot
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Hall
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Enota
  • High School: Gainesville
  • Middle School: Gainesville
  • Elementary School: Enota
  • Middle School: Gainesville
  • High School: Gainesville

Tax Info

  • Year: 24
  • Tax Annual Amount: 1039.48

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,180 $76,120 $7,280 $68,840
2023 $285 $71,120 $7,280 $63,840
2022 $261 $55,400 $7,280 $48,120
2021 $253 $48,600 $7,280 $41,320
2020 $1,390 $46,240 $7,280 $38,960
2019 $1,158 $37,960 $7,280 $30,680
2018 $190 $32,000 $7,280 $24,720
2017 $206 $30,727 $7,120 $23,607
2016 $176 $30,727 $7,120 $23,607
2015 -- $30,727 $7,120 $23,607
2014 -- $30,727 $7,120 $23,607
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $275,000 -- $302 / Sq Ft
Source: Georgia MLS

Source: Georgia MLS

MLS Number: 10577966

Georgia MLS

APN: 01-00074-01-013A