Excellent investment opportunity! This income-producing property features long-term tenants and a solid 4-sided brick building. Each spacious unit offers 2 bedrooms and 2 baths. With no HOA fees and strong cash flow, this property is a great addition to any portfolio. Please do not disturb tenants—. Conveniently located near Hwy 316 and downtown Lawrenceville, with easy access to hospitals, restaurants, schools, parks, and shopping.
Active
$500,000
501 Timber Ridge Ct, Lawrenceville, GA 30046
4beds
4baths
--sqft
Duplex, Residential Income
Built in 1986
-- sqft lot
$493,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 134 days |
- 455 |
- 39 |
Zillow last checked:
Listing updated:
Listed by:
Andrew Peters,
Real Broker, LLC. 770-403-9287,
Linda Huynh,
Real Broker, LLC.
Source: FMLS GA,MLS#: 7722986
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Luxury Vinyl
- Windows: Double Pane Windows
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Level Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: No Dock
- Fencing: None
- Has view: Yes
- View description: Neighborhood, Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.32 Acres
- Features: Cul-De-Sac, Level, Other
Details
- Parcel number: R5148 296
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Residential Income
Materials
- Brick 4 Sides
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available, Other
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Forest East
HOA
- Has HOA: No
Location
- Region: Lawrenceville
Financial & listing details
- Tax assessed value: $505,500
- Annual tax amount: $5,691
- Date on market: 2/21/2026
- Cumulative days on market: 580 days
- Listing terms: Cash,Conventional,Other
- Electric utility on property: Yes
Estimated market value
$493,300
$469,000 - $518,000
$2,109/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Listed for sale | $500,000-2.9% |
Source:  FMLS GA #7722986 Report a problem | ||
| 2/21/2026 | Listing removed | $515,000 |
Source:  GAMLS #10419483 Report a problem | ||
| 1/28/2026 | Price change | $515,000-1% |
Source: GAMLS #10419483 Report a problem | ||
| 3/15/2025 | Price change | $520,000+2% |
Source: FMLS GA #7540020 Report a problem | ||
| 2/21/2025 | Price change | $510,000-2.9% |
Source: FMLS GA #7490632 Report a problem | ||
| 12/5/2024 | Listing removed | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 11/27/2024 | Listed for sale | $525,000+17.2% |
Source: FMLS GA #7490632 Report a problem | ||
| 11/5/2024 | Listed for rent | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 9/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/3/2023 | Price change | $1,800-10% |
Source: Zillow Rentals Report a problem | ||
| 7/18/2023 | Listed for rent | $2,000 |
Source: Zillow Rentals Report a problem | ||
| 7/6/2023 | Sold | $447,898-0.4% |
Source: FMLS GA #7226622 Report a problem | ||
| 6/12/2023 | Pending sale | $449,900 |
Source: FMLS GA #7226622 Report a problem | ||
| 6/4/2023 | Listed for sale | $449,900+1399.6% |
Source: FMLS GA #7226622 Report a problem | ||
| 12/9/2011 | Sold | $30,001 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,390 +12.3% | $202,200 +13.7% |
| 2024 | $5,691 +44.7% | $177,840 +45.2% |
| 2023 | $3,932 +106.1% | $122,480 |
| 2022 | $1,908 -2.1% | $122,480 +106.1% |
| 2021 | $1,950 -8.6% | $59,440 |
| 2020 | $2,133 +0.3% | $59,440 |
| 2019 | $2,128 | $59,440 +20.4% |
| 2018 | $2,128 +22.8% | $49,360 |
| 2016 | $1,732 +103% | $49,360 +105.7% |
| 2015 | $853 | $24,000 |
| 2014 | $853 +9.4% | $24,000 +10.6% |
| 2013 | $780 | $21,692 +80.8% |
| 2012 | -- | $12,000 -52.4% |
| 2011 | -- | $25,200 -54.7% |
| 2010 | -- | $55,640 |
| 2009 | -- | $55,640 -16.6% |
| 2007 | -- | $66,720 +23.3% |
| 2006 | -- | $54,120 |
| 2005 | -- | $54,120 |
| 2004 | $866 -0.1% | $54,120 |
| 2003 | $867 -49.7% | $54,120 |
| 2002 | $1,725 +47% | $54,120 +48.4% |
| 2001 | $1,173 | $36,480 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 7/10Margaret Winn Holt Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Moore Middle SchoolGrades: 6-8Distance: 2.6 mi
- 4/10Central Gwinnett High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Simonton
- Middle: Jordan
- High: Central Gwinnett
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.
- Georgia
- Gwinnett County
- Lawrenceville
- 30046
- 501 Timber Ridge Ct
Nearby cities
Nearby zip codes
Other Lawrenceville Topics
