499 Oak Way Lawrenceville, GA $ 449,000
499 Oak Way
$ 449,000
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499 Oak Way

Lawrenceville, GA, 30046
$ 449,000
Baths0.0

Monthly Estimate*

$ 2,765

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Studio

Multi-Family Home for sale in Lawrenceville, GA

for $449,000. This home was built in 1971 on a lot size of 0.5.

Exceptional cash-flowing duplex-style investment opportunity in Lawrenceville, GA. This property features two fully functional units with strong rental demand and built-in income potential. The property generates $45,456 in gross annual income with approximately $8,186 in annual expenses, producing a Net Operating Income (NOI) of $37,270. At an 8% cap rate, this supports an estimated value near $465,000. The main unit is a 3-bedroom, 1.5-bath home featuring LVP flooring, full kitchen with dishwasher, refrigerator, and electric stove, washer/dryer connections, ceiling fans in all rooms, and a large private backyard. The second unit is a separately accessed studio apartment with a full bath, dishwasher, refrigerator, separate HVAC system, and an included washer and dryer. Both units offer strong cell reception and reliable internet connectivity. Located just minutes from Lawrenceville Square, with convenient access to shopping, dining, and major retailers. Turnkey income property with dual revenue streams—live in one unit and rent the other, or maximize returns with two tenants in place.

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Multi-Family Active

Price

$ 449,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,800

Style

Lot Size

0.5

Year Built

1971

Town/City

Lawrenceville

County/Region

Gwinnett

MLS | Web ID

7756342

Features
General
Sewer Septic Tank
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available
Roof Metal
Security Features Carbon Monoxide Detector(s)
Construction Materials Frame
Year Built 1971
View Other
Levels One
Property Subtype Duplex
Tax Year 2025
Parcel Number R5140 129
Gross Income 45456
Waterfront Features None
Community Features None
Accessibility None
County Gwinnett - GA
Net Operating Income 37270
Operating Expense 8186
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name ellis
Green Energy Generation None
Status Active
Directions Ck GPS
High School Central Gwinnett
City Lawrenceville
Body of Water None
Number Of Units Total 2
Elementary School Winn Holt
Property Attached Y/N false
Tax Annual Amount 2800
Home Warranty Y/N false
Middle/Junior High School Moore
Property Condition Updated/Remodeled
Standard Status Active
Freehold IDX
Corporate Owner None
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Interior
Window Features None
Total Baths 0
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Exterior
Fencing Back Yard
Parking Features Driveway
Lot Features Level
Water Source Public
Lot Dimensions 100
Lot Size Acres 0.5
Lot Size Source Estimated
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* Excluded Features
List By
Lee Foxworth

Listing Agent

Realty Professionals, Inc.

Broker

lfoxworth62@gmail.com

Email

Affordability Calculator

$2,998
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,765
Monthly Property Taxes
$233
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2135873 Elementary School
4627562 Middle School
Central Gwinnett High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2026$449,000 Listed Price

Map


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499 Oak Way, Lawrenceville, GA, 30046 is a Multi-Family Home for sale at $449,000 with a lot size of 0.5. 499 Oak Way is a studio with 0.0 baths and was built in 1971. The property's zip code is 30046 which is in Lawrenceville, GA