Back 1113 Riverside Terrace
Off Market

1113 Riverside Terrace

Gainesville GA 30501

2
1
910 sq. ft.
0.27 ac.
Single-Family
Last sold for $192,000
Lourdes BartlettLourdes Bartlett, last sold this property on 21 November 2025 after 108 days on market.

Overview

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.

Features

2 bedrooms
1 bathroom
910 sq. ft. floor area
0.27 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Gainesville over the last 12 months, the estimated median property value of 1113 Riverside Terrace is $207.5k.

Median value
$207.5k
Estimated value range
$75k - $465k
Median days on market
61
Estimated value trend
-22%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Gainesville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1113 Riverside Terrace

2025
Sold
$192,000
21 Nov 2025 by Lourdes Bartlett, of Progressive Realty LLC

Happy sellers in Gainesville

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We have insufficient information to provide an overview of customer satisfaction for Gainesville. Viewing the agent profiles, reviews and sales for Gainesville can provide insights for this location.

Local market activity for 2 bedroom single-family properties in Gainesville

In the last 12 months, 14 two-bedroom single-family properties similar to 1113 Riverside Terrace, have been sold.

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