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Lawrenceville, GA 30046 351 Freeport Drive

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Presented By: Keller Williams Realty Atl Perimeter - 678-298-1600.
  • MLS# 7803475
  • 07/11/2026
  • Request Tour
  • Request Info

Home Details

*** 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. 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 $1,400 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, 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. ** APPOINTMENT ONLY!
Presented By: Keller Williams Realty Atl Perimeter - 678-298-1600.

Interior Features for 351 Freeport Drive

Bathrooms

Total Baths

Other Interior Features

FlooringCarpet, Hardwood, Tile
Window FeaturesInsulated Windows

General for 351 Freeport Drive

AccessibilityAccessible Entrance
Body of WaterOther
Cap Rate10
CityLawrenceville
Community FeaturesNear Public Transport, Near Shopping, Near Trails/Greenway
Construction MaterialsBrick, Brick 4 Sides
CoolingCentral Air
Corporate OwnerNone
CountyGwinnett - GA
DirectionsKindly use GPS.
Elementary SchoolMcKendree
Energy EfficientNone
FreeholdIDX
Green Energy GenerationNone
Gross Income33600
HOANo
HeatingForced Air
High SchoolDiscovery
Home Warranty Y/NNo
LevelsOne
Middle/Junior High SchoolRichards - Gwinnett
Number Of Units Total2
Parcel NumberR5112 097
Property Attached Y/NNo
Property ConditionResale
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
Security FeaturesCarbon Monoxide Detector(s)
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameYORKTOWNE
Tax Annual Amount5013
Tax Lot10
Tax Year2025
UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
ViewTrees/Woods
Waterfront FeaturesNone
Year Built1985

Exterior for 351 Freeport Drive

FencingBack Yard, Fenced
Lot Dimensions157X192X158X192
Lot FeaturesCorner Lot, Level, Private, Wooded
Lot Size Acres0.68
Lot Size SourcePublic Records
Parking FeaturesDriveway
Total Parking4
Water SourcePublic

Additional Details

Price History

Sheba Coffey

REALTOR®
Price $409,900
MLS#7803475
List Date 07/11/2026
Property Type Multi-Family
Phone 763.656.7300
Request Tour
Request Info
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