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1113 Riverside Terrace
Gainesville, GA, 30501
$275,000
2 Beds
1 Baths
0 SqFt
0.27 Acres
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MLS #7628461 image #0MLS #7628461 image #1MLS #7628461 image #2MLS #7628461 image #3MLS #7628461 image #4MLS #7628461 image #5MLS #7628461 image #6
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.

Property Details

Price:
$275,000
MLS #:
7628461
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jul 31, 2025
Total Sq Ft:
910
Year Built:
1950
Enota Multiple Intelligences AcademyGainesville EastGainesvilleNone

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Schools

Elementary School:
Enota Multiple Intelligences Academy
Middle School:
Gainesville East
High School:
Gainesville

Interior

Appliances
Other
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Hardwood
Heating
Natural Gas
Laundry Features
In Hall

Exterior

Architectural Style
Ranch
Community Features
None
Construction Materials
Other
Exterior Features
None
Other Structures
None
Parking Features
None
Roof
Metal
Security Features
None

Financial

Tax Year
2024
Taxes
$1,039

Map

Community

Subdivisions in Gainesville

Market Summary

Current real estate data for Single Family in Gainesville as of Oct 13, 2025
688
Single Family Listed
83
Avg DOM
316
Avg $ / SqFt
$715,040
Avg List Price

Property Summary

    Located in the None subdivision, 1113 Riverside Terrace Gainesville GA is a Single Family for sale in Gainesville, GA, 30501. It is listed for $275,000 and features 2 beds, 1 baths, and has approximately 0 square feet of living space, and was originally constructed in 1950. The average price per square foot for Single Family listings in Gainesville is $316. The average listing price for Single Family in Gainesville is $715,040.

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1113 Riverside Terrace
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