Multifamily Land for Sale | 1112 Alpine St NE, Gainesville, GA 30501 Price: $275,000 Lot Size: 0.23 Acres | Zoning: R-II Redevelopment Opportunity - Prime Gainesville Location Unlock the potential of this rare redevelopment property in the heart of Gainesville! Situated on a 0.23-acre lot, this site is zoned R-II, which permits 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 0.23-acre lot | Connected to sewer (verified by the City of Gainesville) Tenant-occupied | Lease ending in 30-60 days Home cannot be shown - please do not disturb tenant New survey to be provided by seller Two new townhomes under construction next door Assemblage potential - Combine with 1113 Riverside Terrace (also for sale) to expand development Location Advantages Minutes from Downtown Gainesville, Northeast Georgia Medical Center, Brenau University, schools, shopping, and Lake Lanier - all major drivers of housing demand. This property is ideal for investors, builders, and developers seeking infill opportunities and growth potential in one of Gainesville's most active redevelopment areas. Please note: The conceptual plan applies to 1112 Alpine Street and 1113 Riverside Terrace. Only three townhomes may be built on 1112 Alpine Street.
Closed
$192,000
1112 Alpine St, Gainesville, GA 30501
2beds
900sqft
Single Family Residence, Residential
Built in 1953
10,018.8 Square Feet Lot
$226,500 Zestimate®
$213/sqft
$1,574 Estimated rent
Home value
$226,500
$197,000 - $254,000
$1,574/mo
Zestimate® history
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$1,238/mo
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$1,238/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Lourdes Bartlett,
Progressive Realty, LLC.,
WAYNE BARTLETT,
Progressive Realty, LLC.
Bought with:
Meredith Owings, 412261
The Norton Agency
Source: FMLS GA,MLS#: 7628049
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: None
- Level: None
Bedroom
- Features: None
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: None
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: None
Features
- Other
- Flooring: Hardwood
- Windows: None
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 900
- Total interior livable area: 900 sqft
- Finished area above ground: 900
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Other, No Dock
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 10,018 sqft
- Features: Level
Details
- Additional structures: None
- Parcel number: 01074 001013
- On leased land: Yes
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Other
- Foundation: None
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1953
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: None
Community
- Community features: None
Location
- Region: Gainesville
- Subdivision: No
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Other
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $192,000-30.2%$213/sqft |
Source:  FMLS GA #7628049 Report a problem | ||
| 10/3/2025 | Pending sale | $275,000$306/sqft |
Source:  GAMLS #10577965 Report a problem | ||
| 8/5/2025 | Listed for sale | $275,000$306/sqft |
Source: GAMLS #10577965 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,497 +11% | $87,840 +11% |
| 2024 | $2,250 +7.7% | $79,120 +8.5% |
| 2023 | $2,088 +26.5% | $72,920 +29.6% |
| 2022 | $1,651 +13.6% | $56,280 +15.5% |
| 2021 | $1,454 +132.6% | $48,720 +5.1% |
| 2020 | $625 +19.5% | $46,360 +21.6% |
| 2019 | $523 +23.2% | $38,120 +19.6% |
| 2018 | $424 -2.1% | $31,880 +5.8% |
| 2017 | $433 | $30,140 |
| 2016 | -- | $30,140 |
| 2015 | $272 | $30,140 |
| 2014 | $272 | $30,140 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $163 +43.9% | -- |
| 2007 | $114 +29.2% | -- |
| 2006 | $88 +6.3% | -- |
| 2005 | $83 +8.3% | -- |
| 2004 | $76 +8.8% | -- |
| 2003 | $70 -0.8% | -- |
| 2002 | $71 -19.9% | -- |
| 2001 | $88 -9.6% | -- |
| 2000 | $98 | $21,584 |
Find assessor info on the county website
Neighborhood: 30501
Nearby schools
GreatSchools rating
- 8/10Enota Multiple Intelligences AcademyGrades: PK-5Distance: 0.5 mi
- 5/10Gainesville Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Gainesville High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Enota Multiple Intelligences Academy
- Middle: Gainesville East
- High: Gainesville
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$226,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$226,500
- Georgia
- Hall County
- Gainesville
- 30501
- 1112 Alpine St
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