1113 Riverside Terrace Gainesville, GA 30501
Estimated payment $1,539/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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
MLS Number: 10577966

APN: 01-00074-01-013A
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