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For sale

$269,900

Price cut $40,100

Est. monthly cost

$1,598/mo

2228 Lee Street, Gainesville, GA 30504

Listing by Keller Williams Lanier Partners

Beds
4
Baths
2
Sq ft
1,671
Lot
12,197 sqft

About this home

**INVESTMENT OPPORTUNITY WITH RENTAL INCOME POTENTIAL! SUBMIT ANY OFFER!** Welcome to this spacious 4-bedroom, 2-bath home conveniently located in Gainesville, just off Skelton Road, near shopping, dining, schools, parks, Northeast Georgia Medical Center, Downtown Gainesville, and major roadways. This property offers a flexible layout with two separate living areas and excellent potential for homeowners and investors alike. The main portion of the home features inviting living spaces, laminate flooring, a spacious kitchen with ample cabinet space, and comfortable bedrooms filled with natural light. One of the standout features is the separate private-entry living area located at the rear/right side of the home, complete with an additional kitchen, dining area, bedroom, and full bathroom. This versatile arrangement offers added privacy and flexibility for guests, extended household living, or potential rental use. **RENTAL INCOME POTENTIAL:** The two living areas have estimated rental potential of approximately $1,100 per month for one side and $2,200 per month for the other, totaling approximately $3,300 in potential monthly rental income ($39,600 annually). With renovations and improvements, there may be opportunities to achieve higher rental rates, depending on market conditions and property improvements. Rental figures are estimates, not guaranteed income. Buyers should independently verify rental rates, occupancy requirements, zoning, permits, and applicable regulations. Situated on a generous 0.28-acre lot, the property features a spacious backyard, storage building, and covered outdoor area for relaxing or entertaining. **NO HOA!** Whether you're searching for a primary residence with flexible living arrangements or an investment property with income potential, this Gainesville home offers space, convenience, and opportunity. **SELLER IS OPEN TO OFFERS! Schedule your showing today and submit your offer!**

Type
Single Family Residence
Year built
1970
Price per sq ft
$162
HOA
None
Garage
—
Property tax (2025)
$1,608/yr
Listed
—
MLS #
10770213

Features

Single story

Interior

Master On Main Level · Other

Appliances

Range

Heating

Central

Cooling

Central Air

Flooring

Vinyl

Lot

Level

Property details

Interior

Bedrooms on main level:
4
Primary bedroom on main:
Yes
Laundry:
Common Area
Levels:
One

Exterior and lot

Lot size:
0.28 acres

Construction

Architectural style:
Brick 4 Side, Ranch
Construction materials:
Brick
Roof:
Composition
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Public
Utilities:
Cable Available, Electricity Available, Sewer Available

Parking

Parking total:
4
Parking features:
Parking Pad

Community and HOA

HOA:
No

Taxes and financial

Annual tax amount:
$1,608 (2025)

Monthly cost

Estimated monthly cost

$1,598/mo

Principal & interest
$1,329
Property taxes
$134
Home insurance
$135

$53,980

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Aug 31, 2026Listed for sale$310,000

Schools

  • Gainesville

    Elementary

  • Gainesville East

    Middle

  • Gainesville

    High

School assignments can change — verify with the district before you buy.

Location

Listing information

Listing office:
Keller Williams Lanier Partners
Listing ID:
10770213
Status:
For sale

Source: Georgia MLS · Updated 12m ago · Nov 11, 2026, 5:45 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 11, 2026, 5:45 AM ET

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