$285,000
SOLD NOV 5, 2025
-- Bed
-- Bath
1,848 Sq Ft
0.3 Acres

Recently Sold

$154 Per Sq Ft

10% Below List Price

24 Days on Market

Highlights

  • No HOA
  • Property is near shops
  • Central Heating and Cooling System

About This Home

As of November 2025

An exceptional opportunity in the historic New Holland Mill district, this 1,848 SF duplex at 16 & 17 Spring Street offers both immediate rental income and exciting development upside. The property has been approved with plans for additional dwellings, allowing new ownership to capitalize on strong rental demand while expanding the site's long-term value. Each unit features a renovated kitchen and updated bathrooms, blending modern finishes with the character of this historic neighborhood. These upgrades enhance tenant satisfaction and minimize ongoing maintenance, making the property an attractive and low-hassle investment. With its prime location just minutes from downtown Gainesville, schools, major employers, and local conveniences, this duplex stands out as both a stable income-producing asset and a development-ready opportunity. Whether you are an investor seeking a reliable duplex with growth potential or a developer ready to take advantage of existing approvals, 16 & 17 Spring Street delivers charm, cash flow, and expansion possibilities in one of Gainesville's most desirable districts.

Last Agent to Sell the Property

Patrick Cisco

Norton Commercial Acreage Group License #376088 Listed on: 09/29/2025

Norton Commercial Acreage Group

Co-Listed By

Jose Elias

Norton Commercial Acreage Group License #380011

Last Buyer's Agent

Jimmy Marquez

Virtual Properties Realty.com License #416428

Virtual Properties Realty.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,028

Year Built

  • Built in 1900 | Remodeled

Parking

  • Parking Pad

Home Design

  • Duplex
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Crawl Space

Schools

  • Deal Elementary School
  • East Hall Middle School
  • East Hall High School

Additional Features

  • 0.3 Acre Lot
  • Property is near shops
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for electricity, garbage, trash collection, water

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • New Holland Subdivision

Building Details

  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,028

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Co List Office: NCAG01
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: .30
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Block
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Deal
  • High School: East Hall
  • Middle School: East Hall

Rental Info

  • Owner Pays: Electricity, Garbage, Trash Collection, Water

Tax Info

  • Year: 24
  • Tax Annual Amount: 2027.83

Multi Family

  • GrossIncome: 3600
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2025
Closed on
Nov 5, 2025
Sold by
North Capital Inc
Bought by
Constantino Real State Llc
Seller's Agent
Patrick Cisco
Norton Commercial Acreage Group
Buyer's Agent
Jimmy Marquez
Virtual Properties Realty.com
List Price
$315,000
Sold Price
$285,000
Premium/Discount to List
-$30,000
-9.52%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%

Purchase Details

Closed on
Nov 18, 2021
Sold by
Norton Capital Inc
Bought by
Norton Patch New Holland

Purchase Details

Closed on
Nov 5, 2021
Sold by
Stonehill Lanier Llc
Bought by
Norton Capital Inc

Purchase Details

Listed on
Aug 13, 2021
Closed on
Aug 31, 2021
Sold by
Carder Joseph
Bought by
Stonehill Lanier Llc
Seller's Agent
JOSHUA GRINDLE
NOT A VALID MEMBER
Buyer's Agent
JOSHUA GRINDLE
NOT A VALID MEMBER
List Price
$179,900
Sold Price
$161,750
Premium/Discount to List
-$18,150
-10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%

Purchase Details

Closed on
Jul 1, 1997
Bought by
Carder Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $285,000 --
Warranty Deed -- --
Warranty Deed $162,550 --
Warranty Deed $161,750 --
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2025 11/05/25 Sold $285,000 -9.5% $154 / Sq Ft
10/23/2025 10/23/25 Pending -- -- --
10/13/2025 10/13/25 For Sale $315,000 0.0% $170 / Sq Ft
10/04/2025 10/04/25 Pending -- -- --
09/29/2025 09/29/25 For Sale $315,000 0.0% $170 / Sq Ft
08/11/2025 08/11/25 Rented $1,410 0.0% --
07/22/2025 07/22/25 For Rent $1,410 -9.0% --
04/01/2024 04/01/24 Rented $1,550 0.0% --
02/23/2024 02/23/24 Under Contract -- -- --
12/28/2023 12/28/23 For Rent $1,550 0.0% --
08/31/2021 08/31/21 Sold $161,750 -10.1% $88 / Sq Ft View Prior Sale
08/15/2021 08/15/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $179,900 -- $97 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

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
2025 $2,188 $88,720 $19,160 $69,560
2024 $2,176 $85,160 $18,040 $67,120
2023 $2,038 $79,560 $15,920 $63,640
2022 $1,419 $66,736 $10,480 $56,256
2021 $520 $52,240 $7,840 $44,400
2020 $425 $41,040 $4,160 $36,880
2019 $424 $40,040 $3,600 $36,440
2018 $395 $36,200 $5,160 $31,040
2017 $331 $31,400 $3,200 $28,200
2016 $208 $19,940 $3,160 $16,780
2015 $209 $19,940 $3,160 $16,780
2014 $209 $19,940 $3,160 $16,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10614617

Georgia MLS

APN: 00-00063-08-024