Active

351 Freeport Drive

Lawrenceville, GA 30046
Mark as Favorite
Bed --

Bed

Bath 0

Bath

Acres0.68

Acre(Lot)

*** 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!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $409,900

AD Id : 87925672

MLS Id : 7803475

Lot Size : 0.68 Acre

Year Built : 1985

County : Gwinnett

Subdivision: Yorktowne

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Flooring Information

    Carpet, Hardwood, Tile
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1985 Construction Materials: Brick Private Pool: No View: Trees/Woods

  • Lot Information

    Lot Dimensions: 157X192X158X192 Lot Size Acres: 0.68 Lot Size Source: Public Records Lot Description: Corner Lot, Level, Private, Wooded

    Property Information

    Subdivision: YORKTOWNE Source Property Type: Residential Income Property SubType: Duplex Levels: One Property Age: 41

  • Listing Price Information

    Listing Price: $409900 Conventional, FHA

  • Tax Information

    Parcel Number: R5112 097 Tax Lot: 10 Tax Block: C Tax Year: 2025 Annual Tax: $5013 Tax Legal Desc: L10 BC YORKTOWNE #2. ,,

  • Parking Information

    Parking Total: 4 Driveway

  • School Information

    Elementary School: McKendree
    Junior High School: Richards - Gwinnett
    Senior High School: Discovery
  • Utility Information

    Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Location Information

    Direction: Kindly use GPS. WaterSource: Public Security Features: Carbon Monoxide Detector(s)
Sell a home like this and save $24,095 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
501 Timber Ridge Court, Lawrenceville, GA, 30046 $500,000 -- -- --
231 Scarlet Way, Lawrenceville, GA, 30046 $435,000 -- -- --
123-25 Curtis Road, Lawrenceville, GA, 30046 $430,000 -- -- --

Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please (https://www.fmls.com/dmca.htm) to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS.

ByOwner last updated this listing 07/23/2026 @ 21:47

MLS: 7803475 LISTED BY: Zachary Maxey, Keller Williams Realty Atl Perimeter 678-298-1600 SOURCE: First Multiple Listing Service (FMLS)

Homes around $409,900

Selling? Save $24,095 when you sell a home like this

Tour with a ByOwner Agent