*** CALLING ALL INVESTORS *** Duplex for Sale in Lawrenceville, GA | Cash-Flow Investment Property Near Northside Hospital & Georgia Gwinnett College | TURN-KEY, MOVE-IN READY, 4-SIDE BRICK DUPLEX FOR SALE IN THE HEART OF LAWRENCEVILLE! | WELL MANICURED OVERSIZED CORNER LOT (3/4 +/- Acre), this asset is pristine condition and includes TWO SEPARATE UNITS (2 bd / 1 Ba each) w/ TWO SEPARATE ELECTRICAL METERS/ENTRANCES/PARKING. Both Units are in impeccable condition and have 1 oversized Bathroom in the hallway for joint tenant use per unit & come 'fully loaded' with Hand scraped LVP Hardwood flooring throughout, Updated Bathrooms, Updated Kitchen, Light and Airy paint scheme throughout and so much more! NEWER FLOORING/ROOF/HVAC/WATER HEATER/BATHROOMS/Fresh Paint Inside/Out! Annual Rate of Return/Capitalization Rate is roughly 8-10% with a low level of maintenance & NO HOA ensures optimal returns for investors! Excellent long term tenant payment history and and/or future cash flow increase and or value add opportunities as tenant is on a month-to-month basis and the other unit is vacant. 10% Capitalization Rate & NO HOA make this one a great pick for institutional investors or even private buy/hold portfolio investors. Discover an outstanding duplex investment opportunity in Lawrenceville, GA at 351 Freeport Drive, Lawrenceville, GA 30046. Whether you’re searching for a cash-flow rental property, a house hacking opportunity, or a multi-family investment in Gwinnett County, this well-maintained all-brick duplex offers immediate income with excellent upside potential. One unit is currently leased at $1,400 per month, while the second unit is vacant, allowing an investor to lease at current market rates or an owner-occupant to live in one side while generating rental income from the other. Based on projected rents of $1,650 per month per unit, the property offers an estimated $3,300 in gross monthly rental income. Seller’s financial analysis reflects an approximate 9.34% projected capitalization rate based on these projected rental figures. Buyers should independently verify all income, expenses, and investment projections during due diligence. Recent improvements include a newer roof, luxury vinyl plank flooring throughout, white shaker cabinets, updated countertops, and modern finishes designed to attract quality tenants while minimizing future maintenance. The durable four-sided brick exterior provides lasting value, and the spacious lot offers privacy with room to enjoy outdoor living. Location is one of this property’s greatest strengths. Situated just minutes from Northside Hospital Gwinnett, Georgia Gwinnett College (GGC), Historic Downtown Lawrenceville, the Gwinnett Justice & Administration Center, shopping, restaurants, and entertainment, this duplex is positioned in a high-demand rental market. Adding even more long-term value, the brand-new Discovery Park is currently under development just outside the subdivision, bringing expanded green space, recreation, walking trails, and another exciting amenity to one of Gwinnett County’s most desirable areas. Whether you’re a seasoned real estate investor, first-time investment property buyer, or owner-occupant looking to offset your mortgage with rental income, 351 Freeport Drive delivers the combination of location, cash flow, rental demand, and future appreciation that today’s buyers are searching for. Investment Highlights: One unit occupied, one unit vacant. Projected gross rents of approximately $3,300/month Approximate 9.34% seller-projected cap rate. Newer Roof & LVP FLOORING, Four-sided brick construction, Minutes to Northside Hospital Gwinnett, Near Georgia Gwinnett College, Close to Downtown Lawrenceville, Easy access to I-85, GA-316, Sugarloaf. ** APPOINTMENT ONLY!
Active
$409,900
351 Freeport Dr, Lawrenceville, GA 30046
4beds
2baths
--sqft
Duplex, Residential Income
Built in 1985
-- sqft lot
$406,100 Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishesUpdated kitchenNewer roofUpdated countertopsDurable four-sided brick exteriorWhite shaker cabinetsSpacious lot offers privacy
- 59 days
- 509
- 43
Zillow last checked:
Listing updated:
Listed by:
Zachary Maxey,
Keller Williams Realty Atl Perimeter 678-298-1600
Source: FMLS GA,MLS#: 7803475
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Carpet, Hardwood, Tile
- Windows: Insulated Windows
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Stories: 1
- Exterior features: No Dock
- Fencing: Back Yard,Fenced
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
- Body of water: Other
Lot
- Size: 0.68 Acres
- Dimensions: 157X192X158X192
- Features: Corner Lot, Level, Private, Wooded
Details
- Parcel number: R5112 097
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Residential Income
Materials
- Brick, Brick 4 Sides
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: Near Public Transport, Near Shopping, Near Trails/Greenway
- Security: Carbon Monoxide Detector(s)
- Subdivision: Yorktowne
HOA
- Has HOA: No
Location
- Region: Lawrenceville
Financial & listing details
- Tax assessed value: $365,900
- Annual tax amount: $5,013
- Date on market: 7/11/2026
- Cumulative days on market: 59 days
- Listing terms: Conventional,FHA
- Electric utility on property: Yes
Estimated market value
$406,100
$386,000 - $426,000
$2,014/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2026 | Listed for sale | $409,900+27.3% |
Source: | ||
| 8/9/2021 | Sold | $322,000+436.7% |
Source: Public Record Report a problem | ||
| 3/29/2012 | Sold | $60,000-7.6% |
Source: Public Record Report a problem | ||
| 11/18/2011 | Listed for sale | $64,900-58.1% |
Source: Renaissance Realty Group Inc #4296739 Report a problem | ||
| 4/4/2005 | Sold | $155,000+4% |
Source: Public Record Report a problem | ||
| 5/4/2004 | Sold | $149,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,013 -2.3% | $146,360 |
| 2024 | $5,133 +18.1% | $146,360 +10.2% |
| 2023 | $4,346 -2.8% | $132,840 +22.7% |
| 2022 | $4,472 +57.4% | $108,280 +40.3% |
| 2021 | $2,841 -0.5% | $77,200 |
| 2020 | $2,855 +10.6% | $77,200 +13.5% |
| 2019 | $2,581 | $68,000 +14.6% |
| 2018 | $2,581 +67.8% | $59,360 +82.1% |
| 2016 | $1,538 -0.5% | $32,600 |
| 2015 | $1,546 | $32,600 +38.6% |
| 2014 | $1,546 +26.5% | $23,520 |
| 2013 | $1,222 | $23,520 -57.5% |
| 2012 | -- | $55,360 |
| 2011 | -- | $55,360 |
| 2010 | -- | $55,360 |
| 2009 | -- | $55,360 -12.8% |
| 2007 | -- | $63,520 +15.7% |
| 2006 | -- | $54,880 |
| 2005 | -- | $54,880 |
| 2004 | $906 +8.3% | $54,880 +8.6% |
| 2003 | $837 -49.7% | $50,520 |
| 2002 | $1,664 +29% | $50,520 +31.4% |
| 2001 | $1,290 | $38,440 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 30046
Nearby schools
Schools provided by the listing agent
- Elementary: McKendree
- Middle: Richards - Gwinnett
- High: Discovery
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






