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Lawrenceville, GA 30046 351 Freeport Drive 351 & 349

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Presented By: Zachary Maxey with Keller Williams Atlanta Perimeter;
  • MLS# 10803877
  • 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. *** For more info or to arrange your private showing Text 'ZachMaxey' to '59559' ** APPOINTMENT ONLY!
Presented By: Zachary Maxey with Keller Williams Atlanta Perimeter;

Interior Features for 351 Freeport Drive 351 & 349

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
BasementNone
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesIn Unit
Total Fireplaces

General for 351 Freeport Drive 351 & 349

Association Fee IncludesNone
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityLawrenceville
Community FeaturesNear Public Transport, Walk To Schools, Near Shopping
Construction MaterialsBrick
CoolingCentral Air
CountyGwinnett
DirectionsKindly use GPS.
Electric Expense
Elementary SchoolMcKendree
Fuel Expense
Garage Y/NNo
Gross Income33600
HOANo
HOA Fee$
HeatingForced Air
High SchoolDiscovery
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet29620.8
Lot Size UnitsSquare Feet
MaintenanceExpense0
Middle/Junior High SchoolRichards
New ConstructionNo
Number Of Units Total2
Property ConditionResale
Property SubtypeMulti Family, Duplex
Property TypeResidential Income
SewerPublic Sewer
Standard StatusPending
StatusUnder Contract
Structure TypeDuplex
Subdivision NameYORKTOWNE
Tax Annual Amount5013
Tax Year2025
Unit Number351 & 349
UtilitiesElectricity Individual Meters, Sewer Connected
Year Built1985

Exterior for 351 Freeport Drive 351 & 349

Foundation DetailsSlab
Lot Size Acres0.68
Lot Size Area29620.8
Lot Size SourcePublic Records
Parking FeaturesOff Street
Total Parking4
Water SourcePublic

Additional Details

Price History

Tan Taylor

Price $409,900
MLS#10803877
List Date 07/11/2026
Property Type Multi-Family
Phone 205.643.0988
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Request Info
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