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  • $2,400,000

    535 Forrest Ave, Gainesville, GA 30501

    5beds
    4baths
    --sqft
    : 
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    Other, Residential Income
    Built in 1978
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern interiorsFunctional layoutsOn-site parkingStainless steel appliancesUpdated finishesNine well-designed residential units
    Introducing 535 Forrest Avenue, “The Bradford,” a rare opportunity to acquire a fully stabilized, income-producing multifamily asset in the rapidly growing Gainesville market. This approximately 10,800-square-foot property consists of nine well-designed residential units with an ideal mix of two- and three-bedroom floor plans, catering to strong tenant demand in the area. The property is currently operating at 100% occupancy with rents averaging approximately $1,750 per month, delivering immediate and consistent cash flow from day one. Originally built in 1978 and extensively renovated in 2016, the asset offers modern interiors, including stainless steel appliances and updated finishes, positioning it competitively within the market. Strategically located on a 0.63-acre site near downtown Gainesville, the property benefits from proximity to major employment centers, retail, dining, and schools, further supporting long-term rental stability. On-site parking and functional layouts enhance tenant retention and overall asset performance. With strong in-place income, full occupancy, and continued rental demand in the submarket, The Bradford presents investors with a turnkey opportunity and clear upside potential through rent growth and operational efficiencies. This is an ideal acquisition for investors seeking a high-performing asset in a proven North Georgia rental corridor.
    93 days
    |
    226
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    LESLIE WHITE,

    Resource Brokers, LLC. 770-540-7881

    Source: FMLS GA,MLS#: 7744074MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Features
      • Flooring: Laminate, Vinyl
      • Windows: Insulated Windows
      Video & virtual tour

      Property

      Parking
      • Total spaces: 9
      • Parking features: Parking Lot, Paved
      Accessibility
      • Accessibility features: Accessible Bedroom, Accessible Closets, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s)
      Features
      • Levels: Multi/Split
      • Fencing: None
      • Has view: Yes
      • View description: City
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 0.63 Acres
      • Features: Corner Lot

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Other, Residential Income
      Materials
      • HardiPlank Type
      • Roof: Asbestos Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1978

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights
      • Security: None
      • Subdivision: -
      HOA
      • Has HOA: No
      Location
      • Region: Gainesville

      Financial & listing details

      • Annual tax amount: $35,932
      • Date on market: 3/31/2026
      • Cumulative days on market: 93 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,851/mo

        Price history

        DateEventPrice
        3/31/2026Listed for sale$2,400,000
        Source: FMLS GA #7744074 Report a problem
        2/5/2025Listing removed$1,400
        Source: Zillow Rentals Report a problem
        12/4/2024Listed for rent$1,400-15.2%
        Source: Zillow Rentals Report a problem
        3/18/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/9/2024Price change$1,650-5.7%
        Source: Zillow Rentals Report a problem
        1/3/2024Listed for rent$1,750
        Source: Zillow Rentals Report a problem
        12/18/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/27/2023Listed for rent$1,750-2.8%
        Source: Zillow Rentals Report a problem
        7/7/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        6/28/2022Listed for rent$1,800+12.5%
        Source: Zillow Rental Manager Report a problem
        3/15/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/11/2022Listed for rent$1,600+16.4%
        Source: Zillow Rental Manager Report a problem
        1/7/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/22/2020Price change$1,375+3.8%
        Source: Resource Property Management Report a problem
        7/17/2020Listed for rent$1,325
        Source: Resource Property Management Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30501

        Getting around

        75 / 100
        Very Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Centennial Arts 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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