Rare opportunity to own two beautifully renovated homes situated on 3.6 acres just 1.5 miles from GainesvilleCOs 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, youCOll 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. DonCOt miss this exceptional in-town opportunity!
Active
Price cut: $13K (7/31)
$610,000
3 & 5 Indianola Dr, Gainesville, GA 30501
--beds
--baths
--sqft
Est.:
Multi Family, Duplex
Built in 1965
-- sqft lot
$598,900 Zestimate®
$--/sqft
$-- HOA
What's special
Fresh lush landscapingNew roofsHardwood flooringTile bathroomsBeautifully renovated homesModern kitchensSeparate laundry rooms
- 125 days
- on Zillow |
- 322 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 10:07pm
Listed by:
Christopher Geiger 404-427-3184,
Excalibur Homes, LLC
Source: GAMLS,MLS#: 10498896

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 3.6 Acres
Details
- Parcel number: 01084 004009
- Special conditions: Investor Owned,No Disclosure
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick
Condition
- Resale
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Individual Meters, Water Individual Meters
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Gainesville
Financial & listing details
- Annual tax amount: $996
- Date on market: 4/10/2025
- Listing agreement: Exclusive Right To Sell
- Loading
- Loading