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List Price $409,900
Units 2
Price / Unit $204,950

High-demand multifamily opportunity in Lawrenceville, GA

Properties with strong cash flow potential in this market typically receive multiple offers quickly.

351 Freeport Drive Lawrenceville, GA 30046
FMLS Data last updated: July 25, 2026 at 12:24 AM
✓ FMLS Listing • Investor Analyzed
PROPERTY DESCRIPTION
*** 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!
Investment Context for Lawrenceville Multifamily:
  • Located in the Lawrenceville, GA area with access to regional employment centers
  • Typical value-add potential through professional management and improvements
  • Multifamily rental demand varies by submarket — local verification recommended
  • Cash flow performance depends on occupancy, expenses, and market conditions
PROFESSIONAL INVESTMENT ANALYSIS

Modeled using FMLS data + Atlanta market benchmarks

Price per Unit $204,950 Verified
Est. Cap Rate 10.00% 📊 Cap Rate Modeled
Est. Gross Income 📊 Gross Modeled
Est. NOI Estimated
Est. Year 1 Cash Flow after estimated debt service 📊 Cash Flow Modeled
✅ Confidence scores included ✅ Latest FMLS data ✅ Transparent modeling
CASH FLOW PROJECTION TOOL

Adjust assumptions to see personalized 5-year projections (Using market-based estimate)

Year 1 NOI $0
Year 1 Cash Flow $0
Year 1 Cash-on-Cash 0%
Est. Year 5 Property Value $0
Total 5-Year Cash Flow $0
* These are estimates based on available listing data and Atlanta metro market benchmarks. Detailed seller financials were not provided, so NOI was modeled conservatively. Always verify all numbers independently and consult your own professionals before making investment decisions.
SIMILAR INVESTMENT OPPORTUNITIES

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IMPORTANT INVESTMENT DISCLAIMER
Important Investment Information

All financial estimates (NOI, Cap Rate, Cash Flow, Year 5 projections, etc.) are modeled using Atlanta metro market benchmarks combined with available FMLS listing data.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7803475 • Listing courtesy of Keller Williams Realty Atl Perimeter, Zachary Maxey • 678-298-1600

IDX Information Provided by Jeff Crowe • jeffcrowe@c21theavenues.com
FMLS • Updated Daily • Investor Analyzed