Skip main navigation
Active
  • $409,900

    351 Freeport Dr, Lawrenceville, GA 30046

    4beds
    2baths
    --sqft
    : 
    Loading
    Get pre-qualified
    Duplex, Residential Income
    Built in 1985
    -- sqft lot
    $405,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern finishesUpdated kitchenNewer roofUpdated countertopsDurable four-sided brick exteriorWhite shaker cabinetsSpacious lot offers privacy
    *** CALLING ALL INVESTORS *** Text "ZachMaxey" to "59559" to Book Your Private Showing & for all the pics + price! 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 $1,450 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, WHITE SHAKER CABS, 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. *** For more info or to arrange your private showing Text 'ZachMaxey' to '59559' ** APPOINTMENT ONLY!
    11 days
    |
    362
    |
    37
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Zachary Maxey,

    Keller Williams Realty Atl Perimeter 678-298-1600

    Source: FMLS GA,MLS#: 7803475MLS Logo

      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: 12 days
      • Listing terms: Conventional,FHA
      • Electric utility on property: Yes

        Estimated market value

        $405,600

        $385,000 - $426,000

        $1,791/mo

        Price history

        DateEventPrice
        7/11/2026Listed for sale$409,900+27.3%
        Source: FMLS GA #7803475 Report a problem
        8/9/2021Sold$322,000+436.7%
        Source: FMLS GA #6906697 Report a problem
        3/29/2012Sold$60,000-7.6%
        Source: Public Record Report a problem
        11/18/2011Listed for sale$64,900-58.1%
        Source: Renaissance Realty Group Inc #4296739 Report a problem
        4/4/2005Sold$155,000+4%
        Source: Public Record Report a problem
        5/4/2004Sold$149,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30046

        Getting around

        11 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes