3 & 5 Indianola Drive, Gainesville, GA 30501
Local realty services provided by:ERA Sunrise Realty



3 & 5 Indianola Drive,Gainesville, GA 30501
$610,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:cj geiger
Office:excalibur homes, llc.
MLS#:7558139
Source:FIRSTMLS
Price summary
- Price:$610,000
About this home
Rare opportunity to own two beautifully renovated homes situated on 3.6 acres just 1.5 miles from Gainesville’s historic district. Ideal for investors, multi-generational living, or homeowners seeking to live in one home while renting out the other, this unique property offers flexibility and income potential. Each home features 3 bedrooms and 2 bathrooms, with approximately 1,500 square feet of living space. Recent updates include hardwood flooring, tile bathrooms, modern kitchens, separate laundry rooms, and fresh, lush landscaping. Both homes have new roofs and updated systems, offering peace of mind and move-in-ready convenience. With no HOA or restrictions, you’ll enjoy the freedom to make the property work for your lifestyle or investment goals. Currently, #5 has become recently vacant, #3 is rented for $1,875 per month, making this a truly income-producing property with proven returns. Don’t miss this exceptional in-town opportunity!
Contact an agent
Home facts
- Year built:1965
- Listing Id #:7558139
- Updated:August 03, 2025 at 01:22 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1965
- Lot area:3.6 Acres
Schools
- High school:Gainesville
- Middle school:Gainesville East
- Elementary school:Gainesville Exploration Academy
Utilities
- Water:Public, Water Available
- Sewer:Septic Tank
Finances and disclosures
- Price:$610,000
- Tax amount:$996 (2024)
New listings near 3 & 5 Indianola Drive
- New$89,000Active1.5 Acres
4933 Patterson Lane, Gainesville, GA 30506
MLS# 7633683Listed by: VIRTUAL PROPERTIES REALTY.NET, LLC. - New$449,900Active6 beds 3 baths2,376 sq. ft.
3343 Barry Lane, Gainesville, GA 30506
MLS# 7633422Listed by: KELLER WILLIAMS LANIER PARTNERS - New$650,000Active3 beds 4 baths
3342 Barry Lane, Gainesville, GA 30506
MLS# 7633634Listed by: THE NORTON AGENCY - New$1,395,000Active4 beds 6 baths6,795 sq. ft.
2152 Silver Circle, Gainesville, GA 30506
MLS# 7633517Listed by: THE NORTON AGENCY - New$405,000Active4 beds 3 baths2,127 sq. ft.
8755 Bayhill Drive, Gainesville, GA 30506
MLS# 7633466Listed by: THE NORTON AGENCY - New$345,000Active5.56 Acres
3533 Mcever Road, Gainesville, GA 30504
MLS# 7633482Listed by: SOLACE REALTY, LLC - New$345,000Active-- beds -- baths
3533 Mcever Road, Gainesville, GA 30504
MLS# 10585377Listed by: Solace Realty - New$380,000Active6 beds 3 baths1,392 sq. ft.
3353 Willow Ridge Circle Sw, Gainesville, GA 30504
MLS# 7632661Listed by: EXP REALTY, LLC. - New$343,000Active3 beds 2 baths1,604 sq. ft.
4121 Black Birch, Gainesville, GA 30504
MLS# 7633272Listed by: SANDERS RE, LLC - $6,633,400Active-- beds -- baths
0 Pea Ridge Road, Gainesville, GA 30506
MLS# 10433447Listed by: Keller Williams Community Ptnr