#10499558, Patti Chambers, Listing office: Keller Williams Lanier Partners
1235 Riverside Dr Unit H3 Gainesville, GA 30501
Property details
About 1235 Riverside Dr Unit H3
Prime investment opportunity with an income-producing apartment on the lower level! This exceptional condo offers a rare chance to own a home with a fully finished, income-generating apartment on the terrace level—overlooking the sparkling community pool! Perfectly positioned in an unbeatable in-town Gainesville location, you're just moments from grocery stores, medical facilities, Brenau University, shopping, and incredible dining. Walk to Riverside Park and Publix with ease! The main level welcomes you with a spacious living room, kitchen, and dining area, along with a laundry room, half bath, and a charming glass-enclosed sunroom. Upstairs, you'll find three comfortable bedrooms and a shared bathroom. The terrace level has been thoughtfully designed as an independent rental unit, featuring its own private exterior entrance, a bedroom, full bathroom, laundry, and a fully equipped second kitchen. For those seeking multi-generational living, the interior stairwell could easily be reopened, transforming the space into a seamless in-law suite. Whether you're looking for a smart investment, extra rental income, or a versatile living arrangement, this property is a rare find in Gainesville’s thriving market. Don't miss out on this exceptional opportunity!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Laminate
- Interior: Walk-In Closet(s)
- Fireplace: None
- Total Bedroom Count: 4
- Attached Garage: No
- Private Pool: No
- Parking: None
- Waterfront: None
- View: Pool
- Exterior: Other
- Architectural Style: Other
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $315,000
- Price/SqFt: $157
- HOA Amount: $250 Monthly
- Lot: Other
- Directions: From Downtown Gainesville - Head northeast on Jesse Jewell Pkwy. Left on EE Butler Pkwy, continue onto Green Street. Veer right onto Riverside Drive, then left to stay on Riverside Drive - community on your left. Unit H3 towards the back of the community.
- Year Built: 1969
- Living Area: 2,000 SqFt
- Lot Size: 0.03 Acres
- MLS Number: 7528280
- MLS Name: First Multiple Listing Service
- Office Name: Keller Williams Lanier Partners
- Office Phone: (770) 503-7070
- Listing Agent: PATTI J CHAMBERS
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Last updated on: 7/3/2025, 8:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
4
Enota Multiple Intelligences Academy
Public District PK-5
0.3 mi
•1340 Enota Ave NE
4
Riverbend Elementary School
Public District PK-5
1.3 mi
•1742 Cleveland Hwy
4
New Holland Knowledge Academy
Public District PK-5
1.5 mi
•170 Barn St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,839. Residents of Gainesville, GA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
Frequently asked questions
Living in Gainesville, GA
Transportation in Gainesville includes a variety of options for residents. The city's road network provides easy access to major highways, facilitating travel and commuting. Public transportation services are available, connecting different parts of the city and important locations. The community also features areas with higher walkability, particularly in the downtown district, and there are initiatives to improve bike paths and pedestrian routes. While specific ride-sharing services are operational in the city, their availability may vary depending on the time and area.
The city of Gainesville is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Healthcare services are readily available, with several hospitals and clinics providing a range of medical care, from emergency services to specialized treatments. The public library system is well-established, offering resources and programs for all ages. Retail and dining options are plentiful, reflecting the local culture with a mix of national chains and unique local establishments.
Gainesville is celebrated for its vibrant community spirit and picturesque surroundings. The city prides itself on its lush parks, recreational areas, and the nearby Lake Lanier, which offers a plethora of outdoor activities. The community comes together to celebrate various local events and festivals throughout the year, which showcase the city's rich cultural heritage and foster a strong sense of belonging among residents.
Gainesville's housing market is diverse, offering a range of options from charming single-family homes to modern apartments and spacious townhouses. The architectural styles vary, with a mix of contemporary, colonial, and ranch-style homes. A significant portion of the housing stock was built during the late 20th century, reflecting a period of growth and development. The homeownership rate in Gainesville is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.
About 1235 Riverside Dr Unit H3
The listing price of 1235 Riverside Dr Unit H3 property is $315,000.
The property 1235 Riverside Dr Unit H3 is a condo located in Gainesville, Georgia, 30501.
Active Listing: 1235 Riverside Dr Unit H3 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1235 Riverside Dr Unit H3 are: Enota Multiple Intelligences Academy (GreatSchools Rating 4/10), Riverbend Elementary School (GreatSchools Rating 4/10), New Holland Knowledge Academy (GreatSchools Rating 4/10), Gainesville Middle School East Campus (GreatSchools Rating 4/10), Chestatee Middle School (GreatSchools Rating 4/10), East Hall Middle School (GreatSchools Rating 4/10), Gainesville High School (GreatSchools Rating 4/10), Chestatee High School (GreatSchools Rating 4/10), East Hall High School (GreatSchools Rating 4/10).
The property at 1235 Riverside Dr Unit H3 has 4 bedrooms and 2 full and 1 half bathrooms.
The property 1235 Riverside Dr Unit H3 is 2,000 SqFt (source: MLS/tax record).
The year of construction for 1235 Riverside Dr Unit H3 is 1969.
This home is located at 1235 Riverside Dr Unit H3 in Gainesville, GA and zip code 30501. This 2,000 square foot home, which was built in 1969, sits on a 0.03 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $315,000.
In June 2025 more than 19 listings in Gainesville, GA were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 91 were sold below. The number of listings in Gainesville, GA increased by 6.7% between May and June 2025. In June 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $410,000.