1235 Riverside Drive Unit H3
Gainesville, GA 30501
- 4 beds
- 3 baths
- 1,307 sqft lot
- 1969 build
- – on site
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!
Last checked:
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Last updated Feb 21, 2025
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MLS# 7528280 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1969
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Construction Materials:Brick Front
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Building Area Source:Owner
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Architectural Style:Other
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Levels:Three Or More
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Unit Number:H3
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Foundation Details:Block
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Roof:Composition
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Basement:Daylight
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Common Walls:2+ Common Walls
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Exterior Features:Other
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Window Features:Double Pane Windows
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Security Features:Smoke Detector(s)
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Patio And Porch Features:Glass Enclosed
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Accessibility Features:None
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Green Energy Efficient:None
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Building Area Total:2000
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Above Grade Finished Area:1280
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Below Grade Finished Area:720
Interior
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Interior Features:Walk-In Closet(s)
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Kitchen Features:Cabinets White
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Dining Room Features:Separate Dining Room
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Flooring:Carpet
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Other Equipment:None
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Laundry Features:Main Level
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Fireplace Features:None
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Room Type:Sun Room
Location
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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.
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Latitude:34.319627
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Longitude:-83.827771
The Property
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Parcel Number:01075A000047
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Property Type:Residential Attached
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Resale
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Lot Features:Other
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Lot Size Acres:0.03
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Lot Size Dimensions:x
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Lot Size Source:Public Records
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View:Pool
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Fencing:None
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Horse Amenities:None
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Other Structures:None
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Waterfront Features:None
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Water Body Name:None
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
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Property Attached:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (770) 538-4010
- Office phone:
- (770) 503-7070
Taxes
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Tax Year:2023
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Tax Annual Amount:345
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Tax Lot:x
Beds
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Bedrooms Total:4
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Bedroom Features:Roommate Floor Plan
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Lower Level Bedrooms:1
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Upper Level Bedrooms:3
Baths
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Total Baths:3
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Half Baths:1
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Full Baths:2
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Master Bath Features:Tub/Shower Combo
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Main Level Half Bathrooms:1
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Lower Level Full Bathrooms:1
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Upper Level Full Bathrooms:1
The Listing
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Virtual Tour URL Unbranded:https://tours.virtuallydriven.com/2263016?idx=1
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/1235-Riverside-Drive-H3-Gainesville-GA-30501/unbranded
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Home Warranty:false
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Special Listing Conditions:None
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Special Circumstances:None
Heating & Cooling
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Cooling:Central Air
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Heating:Central
Utilities
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Utilities:Electricity Available
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Sewer:Public Sewer
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Electric:220 Volts in Laundry
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Water Source:Public
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Green Energy Generation:None
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Enota Multiple Intelligences Academy
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Middle Or Junior School:Gainesville East
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High School:Gainesville
The Community
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Subdivision Name:On Riverside
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Community Features:Homeowners Assoc
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# of Units In Community:47
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Association:true
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Association Fee:250
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Association Fee Frequency:Monthly
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Association Fee Includes:Insurance
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Spa Features:None
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Pool Features:None
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Pool Private:false
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Assessment Due Contemplated:false
Parking
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Parking Total:1
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Parking Features:None
Listing Provided Courtesy of Keller Williams Lanier Partners
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
Monthly cost estimate

Asking price
$315,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,686
|
Taxes | $28 |
Insurance | $86 |
HOA fees | $250 |
Utilities | $184 See report |
Total | $2,234/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.