Your Guide to Moving, Living, and Thriving in Metro Atlanta

920 Cardinal Drive; Gainesville, GA 30501

$550,000

2,226 Sq Ft
5 Bedrooms
3 Bathrooms
Driveway
7786967
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 Facts
  • Style:
  • Year Built: 1935
  • Status: Active
Schools
  • Elementary School: Centennial Arts Academy
  • Middle School: Gainesville East
  • High School: Gainesville
Bedrooms
  • Beds Total: 5
Bathrooms
  • Baths Full: 3
  • Baths Half: 0
  • Main Full Baths: 2
  • Master Bath Features: None

Learn more about this property...

Private & Public Schools Nearby

  • 1 / 5
    Below
    Avg

    Centennial Arts Academy
    852 CENTURY PLACE; Gainesville, GA 30501
    Public PK-5th  |  831 students
    Metro Atlanta School Rank: 876th
  • 2 / 5
    Below
    Avg

    Gainesville High School
    830 CENTURY PLACE; Gainesville, GA 30501
    Public 9th-12th  |  2,125 students
    Metro Atlanta School Rank: 302nd

Similar Properties Nearby

Listing Provided Courtesy Of: Keller Williams North Atlanta
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. © 2026 FMLS.

For issues regarding this website (and/or listing search engine, as applicable) please contact KNOWAtlanta - 770-650-1102

Listing information last updated on July 10, 2026
Latest Happenings
Recent Articles