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.
Single-familyProperty Type
1950Year Built
0.27 acresLot Size
$303Est. Price/Sq.Ft.
Listed by Lourdes Bartlett• Progressive Realty, LLC.
Bought with Meredith Owings• The Norton Agency
Source:FMLS #7628461
Redfin Estimate
$275,284
$83K since sold in November 2025$1,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 9.4% lower than the average sale price ($304K) of 6 comparable homes.
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.
Year
Property tax
Land + Additions
Assessment*
2025
$324 (+11.8%)
$14,560 + $70,680
$85,240
2024
$290 (+1.5%)
$14,560 + $70,680
$85,240
2023
$285 (+9.3%)
$7,280 + $68,840
$76,120
2022
$261 (+3.2%)
$7,280 + $63,840
$71,120
2021
$253 (−81.8%)
$7,280 + $48,120
$55,400
2020
$1,390 (+20.0%)
$7,280 + $41,320
$48,600
2019
$1,158 (+510.2%)
$7,280 + $30,680
$37,960
2018
$190 (−7.8%)
$7,280 + $24,720
$32,000
2017
$206 (+17.6%)
$7,120 + $23,607
$30,727
2016
$175 (−6.4%)
$7,120 + $23,607
$30,727
2014
$187 (−81.6%)
$7,120 + $23,607
$30,727
2013
$1,015 (+412.0%)
$7,120 + $23,607
$30,727
2012
$198 (−0.8%)
$7,120 + $23,607
$30,727
2010
$200
$7,120 + $23,607
$30,727
2009
$200
$7,120 + $23,607
$30,727
2008
$200
$7,120 + $23,607
$30,727
Tax history for 1113 Riverside Ter
Year
Property tax
Land + Additions
Assessment*
2025
$324 (+11.8%)
$14,560 + $70,680
$85,240
2024
$290 (+1.5%)
$14,560 + $70,680
$85,240
2023
$285 (+9.3%)
$7,280 + $68,840
$76,120
2022
$261 (+3.2%)
$7,280 + $63,840
$71,120
2021
$253 (−81.8%)
$7,280 + $48,120
$55,400
2020
$1,390 (+20.0%)
$7,280 + $41,320
$48,600
2019
$1,158 (+510.2%)
$7,280 + $30,680
$37,960
2018
$190 (−7.8%)
$7,280 + $24,720
$32,000
2017
$206 (+17.6%)
$7,120 + $23,607
$30,727
2016
$175 (−6.4%)
$7,120 + $23,607
$30,727
2014
$187 (−81.6%)
$7,120 + $23,607
$30,727
2013
$1,015 (+412.0%)
$7,120 + $23,607
$30,727
2012
$198 (−0.8%)
$7,120 + $23,607
$30,727
2010
$200
$7,120 + $23,607
$30,727
2009
$200
$7,120 + $23,607
$30,727
2008
$200
$7,120 + $23,607
$30,727
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
100 ft.
Lot depth
117 ft.
Lot size
0.27 Acres
Year renovated
1997
Sq. Ft.
910
Year built
1950
Style
Single Family Residential
County
Hall County
APN
01074 001013A
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
R-II
Residential District
The R-II Residential District is established to provide for single-family, two-family and multifamily residential development, along with other uses that are compatible with a residential environment such as recreational, educational and religious facilities. This district is intended to implement the following categories of the city's future land use map: urban residential low, including areas containing or planned for urban residential development at a density range of 4 to 5 dwelling units per acre; urban residential medium, including areas containing or planned for urban residential development at a density range of 5 to 10 dwelling units per acre; and urban, high-density residential, including areas containing or planned for urban residential development at a density range of ten to 12 dwelling units per acre.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Public service
Educational/school
Property details
Interior
Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Master Bathroom Features: None
Bedroom Information
# of Main Level Bedrooms: 2
Bedroom Features: None
Interior Features
Interior Features: Other
Common Walls: No Common Walls
Appliances: Other
Flooring: Hardwood
Room Information
LaundryFeatures: In Hall
Kitchen Features: Other
Dining Room Features: None
Room Type: Other
Basement: Crawl Space
Exterior
Property Information
Levels: One
Construction Materials: Other
Roof: Metal
Property Condition: Resale
Ownership: Fee Simple
Lot Information
Waterfrontage Length: 0
TaxLegalDescription: PT LT 40, HOLTZENDORFF S/D
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Cooling: Central Air
Heating: Natural Gas
Water Source: Public
Electric: Other
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location
Multi-Family Information
# Of Units To Be Built: 0
School Information
Elementary School: Enota Multiple Intelligences Academy
High School: Gainesville
Location Information
Directions: GPS friendly please use the address: 1113 Riverside Ter Gainesville, GA 30501
Road Surface Type: Asphalt
Road Frontage Type: City Street
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 910
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1997
County: Hall County
APN: 01074 001013A
Home facts updated by county records on Aug 19, 2026
Around this home
Schools
Enota Multiple Intelligences Academy
Public PreK-5 • Assigned • 0.5mi
8/10
Gainesville Middle School
Public 6-8 • Assigned • 1.3mi
5/10
Gainesville High School
Public 9-12 • Assigned • 1.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Gainesville, GA • 30501
Average low and high temperatures (°F)
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32
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39
69
47
76
55
77
61
85
68
91
73
86
68
81
65
73
54
65
47
55
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$262,000 – $317,000
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