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Property Overview
List Price $449,000
0
499 Oak Way Lawrenceville, GA 30046

Description

Exceptional cash-flowing duplex-style investment opportunity in Lawrenceville, GA. This property features two fully functional units with strong rental demand and built-in income potential. The property generates $45,456 in gross annual income with approximately $8,186 in annual expenses, producing a Net Operating Income (NOI) of $37,270. At an 8% cap rate, this supports an estimated value near $465,000. The main unit is a 3-bedroom, 1.5-bath home featuring LVP flooring, full kitchen with dishwasher, refrigerator, and electric stove, washer/dryer connections, ceiling fans in all rooms, and a large private backyard. The second unit is a separately accessed studio apartment with a full bath, dishwasher, refrigerator, separate HVAC system, and an included washer and dryer. Both units offer strong cell reception and reliable internet connectivity. Located just minutes from Lawrenceville Square, with convenient access to shopping, dining, and major retailers. Turnkey income property with dual revenue streams—live in one unit and rent the other, or maximize returns with two tenants in place.

Property Basics

Location Lawrenceville, GA 30046
Property Type Residential Income — Duplex
Status Active
Year Built 1971
Days on Market 8

Key Features

Cooling Ceiling Fan(s), Central Air
Heating Central
Pool
Fireplaces

Additional Details

Lot Size 0.5 acres
Total Units 2
Price per Unit $224,500

Financial Overview

Gross Income $45,456
Net Operating Income $37,270
Annual Taxes $2,800

Listing provided by: Lee Foxworth, Realty Professionals, Inc. • 770-491-1494

Information is deemed reliable but not guaranteed. Verify all details independently.

Data last updated: April 23, 2026 at 1:56 PM EDT
IDX Functionality Provided by Jeff Crowe - jeffcrowe@c21theavenues.com