Active$229,999
3 bd3 ba1,400 SFTownhouse
5008 Lower Elm Street
Atlanta, GA 30349 · High Grove · 26 days listed
FMLS #7849353 · Listing Provided By Keller Williams Realty ATL Part · 404-769-1853
Active132 days listed
3488 Cardinal Drive, Atlanta, GA 30331
- 3bd
- 3ba
- 1,421SF
- 0.02ac lot
FMLS #7796848 · Listing Provided By C & R Innovations, Inc. · 404-590-1696 · Listing agent Dwayne Rouse
About this home
Move-In Ready in a Gated Community! Great Starter Home or Investment Property with no rental restrictions! Townhome with a neutral design that's ready for your personal touches. Standout in this kitchen with a full stainless steel appliance package, granite countertops, all-white shaker cabinetry, a pantry, and even space for a movable island. The main level boasts durable LVP flooring and recessed lighting throughout the open floor plan. Upstairs, find the spacious primary suite that offers a private bath complete with a soaking tub and shower offering 4 built-in ledges. Secondary bedrooms share a hall bath with vinyl flooring and a tub/shower combination. Additionally, make laundry day effortless, with the laundry room between all bedrooms there are no more hauling loads up and down stairs! Save with ALL ELECTRIC utilities. The one-car garage offers security and storage. Located in a gated community with dual entrances, pool, cabana, and additional guest parking areas. **Sold "AS-IS" per lender. Short sale requiring third-party approval.**
How this list price compares in Atlanta
- List price is 39% below the Atlanta median list price of $380,000 (5,382 homes).
- Compared with 871 townhouses in Atlanta: 50% below the median of $459,900.
- List price per square foot is 37% below the Atlanta median of $255/SF.
- 5 homes for sale in Aviary Park.
- All 5,382 homes for sale in Atlanta, GA.
- 6,734 homes for sale in Fulton County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Townhouse
- Status
- Active
- Bedrooms
- 3
- Full baths
- 2
- Half baths
- 1
- Living area
- 1,421 SF
- Lot size
- 0.02 acres
- Year built
- 2022
- Levels
- Two
- Main-level bedrooms
- 0
- Garage spaces
- 1
- Parking
- Attached, Garage
- Style
- Townhouse
- Construction
- Brick Front, Cedar, Wood Siding
- Roof
- Shingle
- Flooring
- Carpet, Laminate
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator
- Lot
- Level
- Community
- Gated, Homeowners Assoc, Near Public Transport, Pool, Sidewalks, Street Lights
- HOA
- $165 monthly
- Annual tax
- $5,177 (2025)
- County
- Fulton
Assigned schools
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $229,900 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,229/mo
- Principal and interest
- $1,421
- Property tax
- $431
- Home insurance
- $125
- Mortgage insurance
- $86
- HOA dues
- $165
- Loan amount
- $206,910
- Cash down
- $22,990
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by C & R Innovations, Inc., so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Atlanta?
See the similar homes section on this page, or browse all homes for sale in Atlanta, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- Georgia apartment buildings for saleApartment buildings and complexes for sale across Georgia.
- Georgia multifamily investment properties for saleDuplexes to large complexes, with screening cap rates on each building.
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- apartment buildings for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
- Atlanta church buildings for saleChurch buildings for sale in Atlanta.
Investor research and tools
- Atlanta apartment cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- how to calculate NOI on an apartment buildingHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- debt service coverage ratio for apartmentsDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- gross rent multiplier explainedGross rent multiplier on apartment buildings: the formula, Georgia asking GRMs, and when GRM misleads.
- commercial cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- DSCR and cash-on-cash calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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