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About This Home
This 5-bedroom, 3-bathroom single family at 920 Cardinal Drive in Gainesville, GA is listed for $550,000 ($247 per sqft). Built in 1935, the home offers 2,226 sqft of living space on a 0.57 acres lot.
Excellent investment opportunity featuring a fully renovated duplex plus an additional single-family home all included in one sale with Owner Financing Available. Sellers also own 2 additional nearby investment properties and would prefer to sell the entire portfolio together, creating an incredible opportunity for investors looking to expand their rental portfolio in Downtown Gainesville.
Located at 920 Cardinal Drive and 922 Rosewood Drive in Gainesville, this unique property offers immediate income potential with projected rents totaling approximately $4,400 per month. Conveniently located within walking distance to Gainesville High School, downtown Gainesville, shopping, dining, and entertainment with easy access to major roads and everyday conveniences.
No HOA. 920 Cardinal Drive features a completely renovated duplex with the upper unit offering 3 bedrooms, 2 full baths, laundry, updated finishes, and is currently vacant with projected rent of $1,600 per month. The lower level unit offers 2 bedrooms, 1 full bath, full kitchen, laundry connections, and is rent-ready with projected rent of $1,500 per month.
Also included on the same property is 922 Rosewood Drive, a separate single-family home featuring 2 bedrooms and 1 full bath currently tenant occupied at $1,300 per month providing immediate rental income. Please do not disturb tenants at 922 Rosewood Drive.
Perfect opportunity for investors, house hackers, or owner occupants looking to live in one unit while generating income from the others. Ideal setup for long-term rentals, multigenerational living, or expanding your real estate portfolio in a rapidly growing Gainesville location.
Key Features
- Built in 1935
- 0.57 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
920 Cardinal Drive
Gainesville, GA 30501
Property Details
Flooring
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom single family at 920 Cardinal Drive is listed at $550,000 ($247/sqft). The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.
Key features include: Built in 1935, 0.57 acre lot, 2 stories.
This property is listed by karen Hilliard and can be reached at (770) 663-7291 or khilliard@kw.com.








