3 & 5 Indianola Drive
Gainesville, GA 30501
- – beds
- – baths
- ~4 acre lot
- 1965 build
- – on site
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!
Last checked:
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Last updated Apr 12, 2025
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MLS# 7558139 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1965
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Construction Materials:Brick Front
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# of Units Total:2
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Levels:One
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Roof:Composition
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Window Features:Double Pane Windows
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Security Features:Carbon Monoxide Detector(s)
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Accessibility Features:None
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Green Energy Efficient:None
Interior
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Flooring:Ceramic Tile
Location
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Directions:Use GPS
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Latitude:34.329665
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Longitude:-83.815315
The Property
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Parcel Number:01084 004009
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Property Type:Residential Income
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Condition:Resale
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Lot Features:Private
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Lot Size Acres:3.6
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Lot Size Dimensions:596 x 170
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Lot Size Source:Public Records
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View:Trees/Woods
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Fencing:Back Yard
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Waterfront Features:None
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Water Body Name:None
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Property Attached:false
Listing Agent
- Contact info:
- Agent phone:
- (404) 427-3184
- Office phone:
- (678) 825-1400
Taxes
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Tax Year:2024
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Tax Annual Amount:996
The Listing
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Virtual Tour URL Unbranded 2:https://www.propertypanorama.com/3-5-Indianola-Drive-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:Investor Owned
Heating & Cooling
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Cooling:Ceiling Fan(s)
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Heating:Central
Utilities
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Utilities:Cable Available
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Sewer:Septic Tank
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Water Source:Public
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Green Energy Generation:None
Schools
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Elementary School:Gainesville Exploration 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:None
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Community Features:None
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Association:false
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Pool Private:false
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Dock:None
Parking
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Parking Total:2
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Parking Features:Driveway
Listing Provided Courtesy of Excalibur Homes, LLC.
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.
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).
