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

10737253

Features
General
Sewer Septic Tank
Heating Central
Cooling Ceiling Fan(s) Central Air Electric
Utilities Electricity Billing Prorated Gas Billing Prorated Water Billing Prorated
HOA Fee 0
Association Fee Includes None
Construction Materials Stone Frame Wood Siding
Year Built 1971
Levels One
Property Subtype Multi Family
Tax Year 2025
Gross Income 45456
Community Features None
County Gwinnett
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
MaintenanceExpense 0
Subdivision Name ellis
Garage Y/N false
Status Active
Directions Ck GPS
High School Central
City Lawrenceville
Body of Water None
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 21780
Carport Y/N false
Elementary School Holt
Tax Annual Amount 2800
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Moore
Property Condition Updated/Remodeled
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Off Street
Water Source Public
Total Parking 5
Lot Size Area 21780
Foundation Details Slab
Lot Size Acres 0.5
Lot Size Source Other
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* Excluded Features
List By
Realty Professionals

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
0 Elementary School
4134964 Middle School
Central 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