1113 Riverside Terrace, Gainesville, GA 30501
Local realty services provided by:ERA Sunrise Realty
1113 Riverside Terrace,Gainesville, GA 30501
$275,000
- 2 Beds
- 1 Baths
- 910 sq. ft.
- Single family
- Pending
Listed by: lourdes bartlett
Office: progressive realty, llc.
MLS#:7628461
Source:FIRSTMLS
Price summary
- Price:$275,000
- Price per sq. ft.:$302.2
About this home
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.
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Home facts
- Year built:1950
- Listing ID #:7628461
- Updated:November 19, 2025 at 08:47 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:910 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
Structure and exterior
- Roof:Metal
- Year built:1950
- Building area:910 sq. ft.
- Lot area:0.27 Acres
Schools
- High school:Gainesville
- Middle school:Gainesville East
- Elementary school:Enota Multiple Intelligences Academy
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$275,000
- Price per sq. ft.:$302.2
- Tax amount:$1,039 (2024)
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