Turnkey Residential Income
For Sale
$1,100,000
920 Cardinal Drive, Gainesville, GA 30501
MULTI_FAMILY - Gainesville, GA
Lot Size0.57 Acres
Days on Market65
Property Features for 920 Cardinal Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Carport, Driveway
Lot features
Wooded
View
City
Elementary school
Centennial Arts Academy
Middle school
Gainesville East
High school
Gainesville
Directions
GPS Friendly
Standard status
Active
APN
01045 005001H
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
561
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1935
Floors in Building
2
Number of units
4
Flooring type
Vinyl
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Keller Williams North Atlanta · Keller Williams Realty
(770) 663-7291
Listed By:
karen Hilliard
(770) 663-7291
Added: May 27
Changed: Jul 28
Last Checked: Jul 30 at 3:06PM
MLS# 7778102
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.
Investment Insights
Based on property information with market context.
This for-sale residential income portfolio includes three properties with four total homes being sold together. At 920 Cardinal Drive, a renovated duplex offers an upper unit with three bedrooms, two baths, and laundry that is currently vacant, along with a lower level featuring two bedrooms, one bath, a full kitchen, and laundry connections, which is rent-ready. The bundle also includes an additional single-family home at 922 Rosewood Drive with two bedrooms and one bath, currently tenant occupied. The third property, 235 Ridgewood Avenue, is a fully renovated three-bedroom, two-bath home with granite countertops, stainless steel appliances, and modern finishes, currently rented. The fourth home, 1091 Riverside Terrace, is a renovated two-bedroom, one-bath residence with updated kitchen and baths, currently rented.
The properties are located in the heart of Downtown Gainesville, with walking-distance access noted to Gainesville High School, downtown Gainesville, restaurants, shopping, and entertainment. Showings are by appointment only, and tenants are not to be disturbed.
For buyers seeking a turnkey multi-home setup, this package combines several currently tenant-occupied units with additional renovated space ready to place into service. Reported rent levels and vacancy status are included in the offering materials, and an owner financing option is available.
The properties are located in the heart of Downtown Gainesville, with walking-distance access noted to Gainesville High School, downtown Gainesville, restaurants, shopping, and entertainment. Showings are by appointment only, and tenants are not to be disturbed.
For buyers seeking a turnkey multi-home setup, this package combines several currently tenant-occupied units with additional renovated space ready to place into service. Reported rent levels and vacancy status are included in the offering materials, and an owner financing option is available.
Key Highlights
- Owner financing option available; bundle includes 3 properties with 4 total homes sold together.
- 920 Cardinal Dr: renovated duplex with upper 3BR/2BA (vacant, projected $1,600/mo) and lower 2BR/1BA (rent‑ready, projected $1,500/mo).
- 920 Cardinal Dr includes 922 Rosewood Dr: 2BR/1BA tenant‑occupied at $1,300/mo.
Property Analytics
Property Profile
Current Use
Lease Details
75%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
869
Businesses Nearby
Explore this area
Business Placement
Demographics for 30501, GA
29,779
Population
12,916
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
71%
High-School Grad
21.9 sq mi
ZIP Area
1,360
Density / Sq Mi
$58,214
Median Household Income
$33,299
Median Earnings
$1,152
Median Rent
$249,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Bundle of three residential properties with four total homes, including renovated, rent-ready units and an owner financing option.
Where is this duplex located?
The property is located at 920 Cardinal Drive Gainesville, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Owner financing option available; bundle includes 3 properties with 4 total homes sold together.; 920 Cardinal Dr: renovated duplex with upper 3BR/2BA (vacant, projected $1,600/mo) and lower 2BR/1BA (rent‑ready, projected $1,500/mo).; 920 Cardinal Dr includes 922 Rosewood Dr: 2BR/1BA tenant‑occupied at $1,300/mo.
