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.
Closed
$192,000
1113 Riverside Ter, Gainesville, GA 30501
2beds
910sqft
Single Family Residence, Residential
Built in 1950
0.27 Acres Lot
$190,700 Zestimate®
$211/sqft
$1,629 Estimated rent
Home value
$190,700
$175,000 - $208,000
$1,629/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lourdes Bartlett,
Progressive Realty, LLC.
Bought with:
Meredith Owings, 412261
The Norton Agency
Source: FMLS GA,MLS#: 7628461
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Attic, Other
Primary bedroom
- Features: None
- Level: None
Bedroom
- Features: None
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: Other
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: In Hall
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: 910
- Total interior livable area: 910 sqft
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: None, 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: 0.27 Acres
- Features: Other
Details
- Additional structures: None
- Parcel number: 01074 001013A
- 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: Metal
Condition
- Resale
- New construction: No
- Year built: 1950
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 & HOA
Community
- Features: None
- Security: None
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $211/sqft
- Tax assessed value: $213,100
- Annual tax amount: $1,039
- Date on market: 7/31/2025
- Cumulative days on market: 61 days
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $192,000-30.2%$211/sqft |
Source:  FMLS GA #7628461 Report a problem | ||
| 10/3/2025 | Pending sale | $275,000$302/sqft |
Source:  GAMLS #10577966 Report a problem | ||
| 8/5/2025 | Listed for sale | $275,000$302/sqft |
Source: GAMLS #10577966 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,423 +12% | $85,240 +12% |
| 2024 | $2,164 +6.3% | $76,120 +7% |
| 2023 | $2,037 +25.3% | $71,120 +28.4% |
| 2022 | $1,625 +12.1% | $55,400 +14% |
| 2021 | $1,450 +2.8% | $48,600 +5.1% |
| 2020 | $1,411 +18.1% | $46,240 +21.8% |
| 2019 | $1,194 +19.4% | $37,960 +18.6% |
| 2018 | $1,001 -0.6% | $32,000 +4.1% |
| 2017 | $1,007 | $30,727 |
| 2016 | -- | $30,727 |
| 2015 | -- | $30,727 |
| 2014 | -- | $30,727 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $200 -0.2% | -- |
| 2007 | $200 +11.4% | -- |
| 2006 | $180 +6.3% | -- |
| 2005 | $169 +8.3% | -- |
| 2004 | $156 +8.8% | -- |
| 2003 | $143 -13.6% | -- |
| 2002 | $166 -3.2% | -- |
| 2001 | $171 +6% | -- |
| 2000 | $162 | $22,468 |
Find assessor info on the county website
Neighborhood: 30501
Nearby homes
- $489,0003 bd3 ba1.5k sqft1123 Riverside Ter, Gainesville, GA 30501New Construction
- $489,0003 bd3 ba1.5k sqft1121 Riverside Ter, Gainesville, GA 30501New Construction
- $192,0002 bd1 ba900 sqft1112 Alpine St, Gainesville, GA 30501Sold
- $300,0002 bd1 ba-- sqft1091 Riverside Ter, Gainesville, GA 30501For Sale
- $451,6006 bd7 ba3.4k sqft1092 Alpine St, Gainesville, GA 30501Off Market
- $1,9903 bd3 ba1.6k sqft1149 Riverside Ter, Gainesville, GA 30501For Rent
- $52,400-- bd-- ba-- sqft1084 Riverside Ter, Gainesville, GA 30501Off Market
- $234,8003 bd2 ba1.6k sqft1147 Riverside Ter, Gainesville, GA 30501Off Market
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
$190,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$190,700
- Georgia
- Hall County
- Gainesville
- 30501
- 1113 Riverside Ter
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