Charming Downtown Gainesville Home with Full Basement Apartment & Income Potential! Located in the heart of downtown Gainesville, this versatile property offers both lifestyle and investment appeal. Featuring a fully finished basement apartment, it’s ideal for multi-generational living, guest accommodations, or generating rental income—whether short-term or long-term. Just steps away from the vibrant downtown scene, you’ll enjoy easy access to popular attractions like Blue Sky & First Friday Concerts, local shops, and restaurants. Plus, with Lake Lanier only minutes away, outdoor recreation is always within reach. Whether you're a homeowner seeking flexibility or an investor looking to capitalize on massive income potential, this property delivers. Live in one unit and rent the other—or lease both for maximum return! ALL FURNITURE CONVEYS WITH SALE! One washer and dryer set will convey with the sale. Seller may be willing to part with the others with the right offer. Seller will provide a 12 month home warranty that covers all major systems and appliances.
Closed
$450,000
592 Long Oak Dr, Gainesville, GA 30501
4beds
2,787sqft
Single Family Residence, Residential
Built in 1985
0.28 Acres Lot
$445,500 Zestimate®
$161/sqft
$2,678 Estimated rent
Home value
$445,500
$401,000 - $490,000
$2,678/mo
Zestimate® history
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$2,767/mo
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List your homeWhat's special
Fully finished basement apartment
Zillow last checked:
Listing updated:
Listed by:
Laci White,
Boardwalk Realty Associates, Inc.
Bought with:
Shannon Volkodav, 413246
UC Premier Properties
Source: FMLS GA,MLS#: 7591940
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Basement, Laundry
Primary bedroom
- Features: In-Law Floorplan
- Level: In-Law Floorplan
Bedroom
- Features: In-Law Floorplan
Primary bathroom
- Features: Separate His/Hers, Separate Tub/Shower, Soaking Tub
Dining room
- Features: None
Kitchen
- Features: Eat-in Kitchen, Pantry, Second Kitchen
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range
- Laundry: Laundry Room
Features
- Double Vanity
- Flooring: Carpet, Luxury Vinyl, Tile
- Windows: None
- Basement: Driveway Access,Finished,Finished Bath,Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,787
- Total interior livable area: 2,787 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Three Or More
- Patio & porch: Deck, Rear Porch
- Exterior features: None, No Dock
- Pool features: None
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: Lanier
Lot
- Size: 0.28 Acres
- Dimensions: 166 x 73
- Features: Back Yard, Front Yard, Landscaped, Level, Private
Details
- Additional structures: Shed(s)
- Parcel number: 01042 001058
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence, Residential
Materials
- Other
- Foundation: None
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Hidden Valley
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $467,600
- Annual tax amount: $712
- Date on market: 6/4/2025
- Cumulative days on market: 109 days
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Sold | $450,000+0%$161/sqft |
Source:  FMLS GA #7591940 Report a problem | ||
| 9/23/2025 | Pending sale | $449,900$161/sqft |
Source:  GAMLS #10536556 Report a problem | ||
| 9/3/2025 | Price change | $449,900-2.2%$161/sqft |
Source: GAMLS #10536556 Report a problem | ||
| 8/25/2025 | Price change | $459,900-3.2%$165/sqft |
Source: GAMLS #10536556 Report a problem | ||
| 8/4/2025 | Price change | $474,900-2.3%$170/sqft |
Source: GAMLS #10536556 Report a problem | ||
| 6/20/2025 | Price change | $485,900-1.8%$174/sqft |
Source: GAMLS #10536556 Report a problem | ||
| 6/4/2025 | Listed for sale | $495,000+9.5%$178/sqft |
Source: FMLS GA #7591940 Report a problem | ||
| 10/8/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/30/2022 | Price change | $2,595-7.2%$1/sqft |
Source: Zillow Rental Network Premium #20073566 Report a problem | ||
| 9/15/2022 | Listed for rent | $2,795$1/sqft |
Source: Zillow Rental Network_1 #20073566 Report a problem | ||
| 5/18/2022 | Sold | $452,000+3.9%$162/sqft |
Source: Public Record Report a problem | ||
| 3/30/2022 | Pending sale | $434,900$156/sqft |
Source: GAMLS #10031389 Report a problem | ||
| 3/23/2022 | Listed for sale | $434,900+42.6%$156/sqft |
Source: FMLS GA #7020606 Report a problem | ||
| 5/30/2008 | Sold | $305,000-7.3%$109/sqft |
Source: Public Record Report a problem | ||
| 2/1/2008 | Listed for sale | $329,000+153.1%$118/sqft |
Source: NCI Report a problem | ||
| 6/8/1994 | Sold | $130,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,317 0% | $187,040 +0% |
| 2024 | $5,317 +4.5% | $187,000 +5.3% |
| 2023 | $5,086 +50% | $177,600 +53.3% |
| 2022 | $3,390 +19.6% | $115,880 +21.6% |
| 2021 | $2,834 +1.8% | $95,320 +4.1% |
| 2020 | $2,783 -27.2% | $91,600 -24.8% |
| 2019 | $3,822 +5% | $121,840 +4.3% |
| 2018 | $3,641 -0.7% | $116,840 +13% |
| 2017 | $3,665 | $103,440 +11% |
| 2016 | -- | $93,158 |
| 2015 | $1,796 | $93,158 |
| 2014 | $1,796 | $93,158 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $680 +24.5% | -- |
| 2007 | $546 +3.3% | -- |
| 2006 | $529 +6.3% | -- |
| 2005 | $497 +8.3% | -- |
| 2004 | $459 +8.8% | -- |
| 2003 | $422 -7.9% | -- |
| 2002 | $458 -3.1% | -- |
| 2001 | $473 +6% | -- |
| 2000 | $446 | $62,048 |
Find assessor info on the county website
Neighborhood: 30501
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Nearby schools
GreatSchools rating
- 5/10Centennial Arts AcademyGrades: PK-5Distance: 0.6 mi
- 5/10Gainesville Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Gainesville High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Centennial Arts Academy
- Middle: Gainesville West
- 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
$445,500
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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
$445,500
- Georgia
- Hall County
- Gainesville
- 30501
- 592 Long Oak Dr
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