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    502 Downing St Lawrenceville, GA 30046

    New
    For Sale
    $429,900

    MULTI_FAMILY - Lawrenceville, GA

    Lot size:
    0.39 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 502 Downing St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    R5145 136
    Parking
    2
    Parking features
    Carport
    Fireplace
    1
    Lot size
    0.39 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Electric, Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1983
    Floors in Building
    2
    Building materials
    Brick

    Keller Williams Realty Atlanta Partners - North Gwinnett (678) 318-5000 [email protected]

    Listing agent Bonds Realty Group (678) 318-5000

    Listing date Dec 4, 2025

    MLS# 10653375 Listing URL

    Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lawrenceville Multi-Family Investment Opportunity

    This well-maintained multi-family property presents an investment opportunity in Lawrenceville, Georgia. The property is situated in a location that offers proximity to hospitals, shopping areas, and Highway 316. Recent upgrades include mechanical and flooring improvements. The property is tenant-occupied, and inspections and showings will be conducted during the due diligence period. The lot size is 0.39 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm Spa & Massage Hair Salon Daycare Center Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.999212
    Latitude
    33.96635

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    FAQs

    What type of property is this?
    Single family property - Well-maintained multi-family property in a prime Lawrenceville location.
    Where is this single family property located?
    The property is located at 502 Downing St Lawrenceville, GA.
    What is the asking price?
    The asking price for this property is $429,900.
    What are key features of this property?
    This property features: - Prime location in the heart of Lawrenceville, close to hospitals, shopping, and 316.; - Recent mechanical and flooring upgrades.; - Durable brick construction.
    (678) 318-5000
    Request Owner's contact information
    502 Downing St Lawrenceville, GA 30046
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    Lawrenceville, GA 30046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 Downing St Lawrenceville, GA 30046
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