Active$175,000
2 bd1 ba920 SFSingle-family home
1004 Rainey Street
Gainesville, GA 30501 · 3 days listed
FMLS #7860409 · Listing Provided By Keller Williams Lanier Partners · 770-503-7070
Active3 days listed
FMLS #7860399 · Listing Provided By Keller Williams Lanier Partners · 770-503-7070 · Listing agent Allen Dellinger

Investment opportunity in Gainesville! This 2-bedroom, 1-bath home offers approximately 723 square feet of living space and is currently tenant-occupied, generating $825 per month in rental income. Conveniently located near downtown Gainesville, Gainesville High School, Centennial Arts Academy, shopping, dining, and everyday conveniences. With easy access to local employment centers, medical facilities, and major roadways, this property offers a desirable location for long-term rental potential. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this is an opportunity worth exploring! Please do not disturb the tenant. Showings by appointment only.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
As reported in the listing. Verify with the school district.
Payment estimate
Prefilled with the list price of $165,000 and this week's average rate. Change anything to see your number.
$1,375/mo
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-29: 30-yr 7.24%, 15-yr 6.6%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
Active$175,000
2 bd1 ba920 SFSingle-family home
Gainesville, GA 30501 · 3 days listed
FMLS #7860409 · Listing Provided By Keller Williams Lanier Partners · 770-503-7070
Active$149,900
3 bd2 ba1,152 SFSingle-family home
Gainesville, GA 30506 · Mount Shores · 81 days listed
FMLS #7819706 · Listing Provided By Berkshire Hathaway HomeServices Georgia Properties · 770-536-3007
Active$190,000
3 bd1 ba1,154 SFSingle-family home
Gainesville, GA 30501 · 67 days listed
FMLS #7827185 · Listing Provided By Keller Williams Lanier Partners · 770-503-7070
Active$192,000
2 bd2 ba952 SFSingle-family home
Gainesville, GA 30506 · Mount Shores · 234 days listed
FMLS #7733233 · Listing Provided By Broker Builders, LLC · 770-873-5130
Active$199,000
4 bd3 ba2,166 SFSingle-family home
Gainesville, GA 30501 · Haynes Palmour · 9 days listed
FMLS #7857791 · Listing Provided By Sage Real Estate Advisors, LLC · 404-419-6255
Active$199,900
3 bd3 ba2,288 SFSingle-family home
Gainesville, GA 30501 · Mount Crest · 6 days listed
FMLS #7859136 · Listing Provided By ERA Sunrise Realty · 678-781-7400
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
Send your question through the form on this page. Listing details come from FMLS and are provided by Keller Williams Lanier Partners, so confirm them before making an offer.
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
See the similar homes section on this page, or browse all homes for sale in Gainesville, GA.
Beyond homes
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Thinking about a rental or a building instead? Send Jeff a message.
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