351 Freeport Drive Lawrenceville, GA $ 409,900
351 Freeport Drive
$ 409,900
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351 Freeport Drive

Lawrenceville, GA, 30046
$ 409,900
Baths0.0

Monthly Estimate*

$ 2,588

351 Freeport Drive, Lawrenceville, GA 30046 - Image 1
Studio

Multi-Family Home for sale in Lawrenceville, GA

for $409,900. This home was built in 1985 on a lot size of 0.68.

*** 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 etc. Both Units are in impeccable condition, come 'fully loaded' with Handscraped LVP Hardwood flooring throughout, Updated Bathrooms, Updated Kitchen, Light and Aeiry 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!

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Multi-Family Active

Price

$ 409,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,013

Style

Lot Size

0.68

Year Built

1985

Town/City

Lawrenceville

County/Region

Gwinnett

MLS | Web ID

7803475

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Roof Composition
Security Features Carbon Monoxide Detector(s)
Construction Materials Brick Brick 4 Sides
Year Built 1985
View Trees/Woods
Levels One
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features Near Public Transport Near Shopping Near Trails/Greenway
Accessibility Accessible Entrance
County Gwinnett - GA
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name YORKTOWNE
Green Energy Generation None
Status Active
Directions Kindly use GPS.
High School Central Gwinnett
City Lawrenceville
Body of Water Other
Number Of Units Total 2
Elementary School McKendree
Property Attached Y/N false
Tax Annual Amount 5013
Home Warranty Y/N false
Middle/Junior High School Richards - Gwinnett
Property Condition Resale
Standard Status Active
Tax Lot 10
Cap Rate 10
Freehold IDX
Corporate Owner None
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Interior
Flooring Carpet Hardwood Tile
Window Features Insulated Windows
Total Baths 0
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Exterior
Fencing Back Yard Fenced
Parking Features Driveway
Lot Features Corner Lot Level Private Wooded
Water Source Public
Total Parking 4
Lot Dimensions 157X192X158X192
Lot Size Acres 0.68
Lot Size Source Public Records
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* Excluded Features
List By
Zachary Maxey

Listing Agent

Keller Williams Realty Atl Perimeter

Broker

zachary@zacharymaxey.com

Email

Affordability Calculator

$3,006
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,588
Monthly Property Taxes
$418
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Middle School
Central Gwinnett High School High School
Pricing History
DatePricePrice ChangeDescription
7/11/2026$409,900 Listed Price

Map


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351 Freeport Drive, Lawrenceville, GA, 30046 is a Multi-Family Home for sale at $409,900 with a lot size of 0.68. 351 Freeport Drive is a studio with 0.0 baths and was built in 1985. The property's zip code is 30046 which is in Lawrenceville, GA