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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.

Agent Description

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

2 stories
3 full
1935

Amenities

ViewA/C

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

920 Cardinal Drive

Gainesville, GA 30501

Property Details

Flooring

VinylTile

Construction

Vinyl Siding

Views

City

Pool Features

Deck

Parking

Driveway

Heating

Central

Cooling

Central Air

Appliances

Gas RangeRange HoodRefrigerator

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.

KH

karen Hilliard

Agent at Keller Williams North Atlanta

(770) 663-7291

Listed by Keller Williams North Atlanta · View on Broker Site

MLS# 7786967· Source: listhub· Updated 2 days ago

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.

920 Cardinal Drive, Gainesville, GA 30501

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