1113 Riverside Terrace Gainesville, GA 30501
Estimated payment $1,550/month
Highlights
- Ranch Style House
- Attic
- 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
Lot Details
- 0.27 Acre Lot
Home Design
- Ranch Style House
- Metal Roof
Interior Spaces
- 910 Sq Ft Home
- Wood Flooring
- Crawl Space
- Laundry in Hall
- Attic
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Schools
- Enota Multiple Intelligences Academy Elementary School
- Gainesville East Middle School
- Gainesville High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 40 / 3
- Assessor Parcel Number 01074 001013A
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Pending | -- | -- | -- |
| 08/05/2025 08/05/25 | For Sale | $275,000 | -- | $302 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7628461
APN: 01-00074-01-013A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
- 1112 Alpine St
- 1235 Riverside Dr Unit F6
- 1235 Riverside Dr Unit D8
- 1235 Riverside Dr Unit F5
- 1047 Lanier Ave
- 200 Piedmont Ave
- 1374 Riverside Dr
- 1325 Burnam Wood Dr
- 1155 Springway Dr
- 1539 Berkeley Ct
- 909 Parkhill Place
- 1011 Holly Dr Unit 604
- 306 Vinings Walk NW
- 311 Vinings Walk NW
- 394 Christopher Dr
- 430 Holly Dr
- 1235 Riverside Dr Unit F6
- 1235 Riverside Dr Unit Riverside Condo
- 990 S Enota Dr NE
- 954 Cherokee Rd
- 162 Enota Ave NW Unit Hill Top #D
- 1189 Holly Dr
- 1425 Brandon Place
- 394 Christopher Dr
- 605 Candler St Unit C2
- 320 Ridgewood Ave Unit D3
- 1135 Spring Marsh Ct NE
- 1178 Spring Marsh Ct NE
- 1204 Spring Marsh Ct NE
- 1207 Spring Marsh Ct NE
- 1215 Spring Marsh Ct NE
- 516 Woodland Dr
- 1506 Vine St NE
- 106 Spring St
- 111 Green St SE
- 100 Foothills Pkwy NE