$1,100,000

920 Cardinal Drive, Gainesville, GA 30501

  • Property Icon Triplex
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon0.57acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property 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.

Listing Status:
Active
Date Added:
June 12, 2026
Data Last Updated:
June 12, 2026 at 7:06AM
Listing Office:
Keller Williams Realty North Atlanta : 770-663-7291
Listing Agent:
Karen Hilliard : 770-316-0788
MLS ID:
10774877
  • Basement: Bath FinishedDaylightFinishedInterior Entry
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0
  • Parking: CarportParking spaces: 2
  • General: Vinyl SidingTwo
  • HOA Amenities: 0.0
  • Originating MLS: Georgia MLS 2
  • County: Hall
  • Zoning: 01045 005001H
  • Utilities: Electricity Individual MetersSewer Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Georgia MLS 2

This listing courtesy of Karen Hilliard , Keller Williams Realty North Atlanta

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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