Coming Soon

920 Cardinal Drive

Gainesville, GA 30501

$1,100,000

Get Pre-Approved Check your credit

Overview

Bed

Bath

0.57

Acre(Lot)

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 currentl y 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.

Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 79596745

MLS Id : 7778102

Lot Size : 0.57 Acre

Year Built : 1935

County : Hall

Map

What's Nearby

Nearby Areas

Features

Roofing Information

Composition
Interior Features

Roof: Composition
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1935 Construction Materials: Vinyl Siding Private Pool: No View: City

Lot Information

Lot Dimensions: 291 x 85 Lot Size Acres: 0.57 Lot Size Source: Public Records Lot Description: Wooded

Property Information

Subdivision: NONE Source Property Type: Residential Income Postal Code Plus 4: 3001 Property SubType: Triplex Levels: Two Property Age: 91

Listing Price Information

Listing Price: $1100000 1031 Exchange, Cash, Conventional, Owner May Carry

Tax Information

Parcel Number: 01045 005001H Tax Year: 2025 Annual Tax: $561 Tax Legal Desc: ROSEWOOD & CARDINAL LT 1

Parking Information

Parking Total: 2 Carport, Driveway

School Information

Elementary School: Centennial Arts Academy

Junior High School: Gainesville East

Senior High School: Gainesville
Utility Information

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Location Information

Direction: GPS Friendly WaterSource: Public

Sell a home like this and save $65,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
24 E Main Street, Gainesville, GA, 30501	$339,900	--	--	--
2447 NW Old Thompson Br.., Gainesville, GA, 30501	$1,290,000	--	--	--

Similar Multifamily To 920 Cardinal Drive

Nearby For Sale

Active

$750,000

Multifamily For Sale

4519 Roy Cagle Road,
Gainesville, GA, 30507

Acres(Lot)

3932 Darryl Lane,
Gainesville, GA, 30506

Acre(Lot)

24 E Main Street,
Gainesville, GA, 30501

Acre(Lot)

2447 NW Old Thompson Bridge Road,
Gainesville, GA, 30501

0.01

Acre(Lot)

Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please (https://www.fmls.com/dmca.htm) to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS.

ByOwner last updated this listing 06/07/2026 @ 07:27

MLS: 7778102 LISTED BY: karen Hilliard, Keller Williams North Atlanta 770-663-7291 SOURCE: First Multiple Listing Service (FMLS)