1113 Riverside Terrace

Description
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...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.
- Listed by Lourdes Bartlett • Progressive Realty, LLC.
Property Details for 1113 Riverside Terrace
Recent comparable sales
Median sold price
$221,625
Avg days on market
41
Sale-to-list ratio
75.2%
[Gainesville, GA]
9 comparable properties found
Location
Sold By The Norton Agency, Meredith Owings
Building Information for 1113 Riverside Terrace
Payment Calculator
$1,062 per month
30 year fixed, 6.55% Interest
$976
$87
$0
Property Information for 1113 Riverside Terrace
- Community Features: None
- Directions: GPS friendly please use the address: 1113 Riverside Ter Gainesville, GA 30501
- Lake Name: None
- View: Other
- Coordinates: -83.827927, 34.317163
- Parcel Number: 01074 001013A
- Tax Year: 2024
- Master Association Fee: $.00
- HOA Rent Restrictions: No
- Association: No
- Block: 3
- Tax Legal Description: PT LT 40, HOLTZENDORFF S/D
- Tax Lot: 40
- School Bus Route Elem: No
- School Bus Route High: No
- School Bus Route Middle: No
- Elementary School: Enota Multiple Intelligences Academy
- High School: Gainesville
- Middle School: Gainesville East
- Concessions Amt: $.00
- Cooling: Central Air
- Heating: Natural Gas
- Appliances: Other
- Basement: Crawl Space
- Fireplace Features: None
- # of Fireplaces: 0
- Flooring: Hardwood
- Interior Features: Other
- Levels/Stories: One
- Other Equipment: None
- Window Features: None
- Bedroom Features: None
- Diningroom Features: None
- Kitchen Features: Other
- Master Bathroom Features: None
- Foundation: None
- Main Bedrooms: 2
- Total Half Baths: 0
- Bathrooms Total Interger: 1
- Main Full Baths: 1
- Additional Rooms: Attic, Other
- Bathrooms Total Decimal: 1.00
- Accessibility Features: None
- Construction Materials: Other
- Dock: None
- Fencing: None
- Horse Amenities: None
- Patio And Porch Features: None
- Pool Features: None
- Road Surface Type: Asphalt
- Roof Type: Metal
- Security Features: None
- Spa Features: None
- Laundry Features: In Hall
- Pool Private: No
- Road Frontage Type: City Street
- Other Structures: None
- Sewer: Public Sewer
- Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available
- Water Source: Public
- Electric: Other
- FHA Condo Approval: No
- Home Warranty: No
- Plat Book: 0
- Plat Page: 0
- Property Condition: Resale
- Representative of Property: No
- Possession: Close Of Escrow
- Green Energy Efficient: None
- Green Energy Generation: None
- Section/GMD: 0
- Above Grade Finished Area: 0.0
- Below Grade Finished Area: 0.0
- SqFt Source: Other
- Square Footage: 910.0
- Common Walls: No Common Walls
- Land lot: 0
- Lot Features: Other
- Acreage Source: Other
- Below Grade Unfinished Area: 0.0
- Waterfront Footage: 0.0
- # Of Units In Community: 0
- Number of Units To Be Built: 0
- Swim/Tennis Fee: $0
- Terms: Cash
- Land Lease: No
- Occupant Types: Vacant
Public Records for 1113 Riverside Terrace
Schools near 1113 Riverside Terrace
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Enota Multiple Intelligences Academy PublicPK to 5 | ||
Gainesville Middle School Public6 to 8 | ||
Gainesville High School Public9 to 12 | ||
Gainesville Middle School West Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 30501
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 1113 Riverside Terrace, Gainesville, GA 30501 | $192,000 | 2 | 1 | 910 | 11,761 |
$160,000 | 2 | 2 | 1,152 | 871 | |
$210,000 | 2 | 3 | 1,200 | – | |
$160,000 | 2 | 2 | 1,200 | 871 | |
$130,000 | 2 | 3 | 1,200 | – | |
$121,000 | 2 | 3 | 1,200 | – | |
$230,000 | 3 | 3 | 1,667 | 1,307 | |
$115,000 | 3 | 3 | 1,667 | – | |
$112,000 | 2 | 2 | 1,200 | 871 | |
$192,000 | 2 | 1 | 900 | 10,018 | |
– | – | 8 | 3,472 | 10,890 | |
$245,000 | – | – | – | 24,394 | |
$124,000 | 2 | 3 | 1,200 | – | |
$124,000 | 3 | 3 | 1,667 | 1,307 | |
$144,000 | 3 | 3 | 1,667 | 1,307 | |
$272,000 | 2 | 1 | 1,196 | 13,503 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Progressive Realty, LLC., Lourdes Bartlett
Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.



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