# 920 Cardinal Drive, Gainesville, GA 30501

> **TL;DR:** residential multi family, $1,100,000, built 1935.
> View, A/C. Est. $4,767/mo. Listed 29 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,100,000 |
| Year Built | 1935 |
| Lot Size | 24,829 sqft (0.57 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 29 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,767 |
| **Total** | **$4,767** |

## Nearby Schools

- **Elementary:** Centennial Arts Academy
- **Middle:** Gainesville East
- **High:** Gainesville

## Key Amenities

- View
- A/C

## Property Highlights

- Built in 1935
- 0.57 acre lot
- 2 stories
- 2 parking spaces

## Description

### Agent Description
Owner financing option available. Rare turnkey investment opportunity featuring 3 properties with 4 total homes being sold together as a bundle in the heart of Downtown Gainesville for $1,100,000. Please do not disturb tenants. With three of the four homes currently tenant occupied and the remaining units fully renovated and ready for tenants, this package offers immediate income potential in one of Gainesville's fastest-growing areas. Conveniently located within walking distance to Gainesville High School, downtown Gainesville, restaurants, shopping, and entertainment, these properties provide excellent long-term appreciation and cash flow opportunities. 920 Cardinal Drive features a completely renovated duplex with an upper unit offering 3 bedrooms, 2 baths, and laundry that is currently vacant with projected rent of $1,600 per month. The lower level offers 2 bedrooms, 1 bath, a full kitchen, laundry connections, and is rent-ready with projected rent of $1,500 per month. Also included on the same property is an additional single-family home at 922 Rosewood Drive featuring 2 bedrooms and 1 bath currently tenant occupied at $1,300 per month. 235 Ridgewood Avenue offers a fully renovated 3 bedroom, 2 bath home with granite countertops, stainless steel appliances, and modern finishes throughout, currently rented for $1,800 per month and ideally located near Mellow Mushroom and ongoing downtown Gainesville redevelopment. 1091 Riverside Terrace features a renovated 2 bedroom, 1 bath home with updated kitchen and baths, currently rented for $1,700 per month, and positioned directly behind newly developed townhomes near Longstreet Restaurant. This is a unique opportunity to acquire multiple renovated income-producing properties in prime Downtown Gainesville locations with strong rental demand and future growth potential. Showings by appointment only.

## Location

- **Address:** 920 Cardinal Drive, Gainesville, GA 30501
- **County:** Hall - GA
- **Coordinates:** 34.300388, -83.838978
- **Google Maps:** https://www.google.com/maps?q=34.300388,-83.838978

## Listing Agent

- **Name:** karen Hilliard
- **Brokerage:** Keller Williams North Atlanta
- **Phone:** (770) 663-7291
- **Email:** khilliard@kw.com

## Primary Photo

![920 Cardinal Drive - Primary Photo](http://lh.rdcpix.com/d498d17ceb7ebfda459c5d044b10c075l-f1980375795r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/920-cardinal-drive-gainesville-ga-30501-7778102)*

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**MLS#:** 7778102 | **Updated:** 2026-06-24
**Source:** listhub

*Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/920-cardinal-drive-gainesville-ga-30501-7778102)

---

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  "description": "Owner financing option available. Rare turnkey investment opportunity featuring 3 properties with 4 total homes being sold together as a bundle in the heart of Downtown Gainesville for $1,100,000. Please do not disturb tenants. With three of the four homes currently tenant occupied and the remaining units fully renovated and ready for tenants, this package offers immediate income potential in one of Gainesville's fastest-growing areas. Conveniently located within walking distance to Gainesville ",
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