Rare opportunity to own two beautifully renovated homes situated on 3.6 acres just 1.5 miles from Gainesville’s 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, you’ll 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. Don’t miss this exceptional in-town opportunity!
Active
$650,000
3 & 5 Indianola Dr, Gainesville, GA 30501
6beds
4baths
--sqft
Est.:
Duplex, Residential Income
Built in 1965
-- sqft lot
$629,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 16 days
- on Zillow |
- 362 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: April 12, 2025 at 05:05am
Listing Provided by:
CJ Geiger,
Excalibur Homes, LLC.
Source: FMLS GA,MLS#: 7558139

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Ceramic Tile, Hardwood
- Windows: Double Pane Windows
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: No Dock
- Fencing: Back Yard
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
- Body of water: None
Lot
- Size: 3.6 Acres
- Dimensions: 596 x 170
- Features: Private
Details
- Parcel number: 01084 004009
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Residential Income
Materials
- Brick Front
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: Carbon Monoxide Detector(s)
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Annual tax amount: $996
- Date on market: 4/10/2025
- Electric utility on property: Yes
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