Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1916 Patterson Circle Lawrenceville, GA 30044

    View on Map
    Claim this Listing
    New
    For Sale
    $519,000

    MULTI_FAMILY - Lawrenceville, GA

    Lot size:
    0.39 Acres
    Added:
    May 1, 2026
    Days on Market:
    3
    Last Refresh:
    May 3 at 10:06 pm

    Property Features for 1916 Patterson Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    4
    Parking features
    Carport
    Standard status
    Active
    Lot size
    0.39 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6625

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1985
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick 4 Sides
    Roof type
    Shingle

    We can help!

    Listing Contact
    SAAD KHAN
    SAAD KHAN

    Listing agent SAAD KHAN License #279790

    Listing office Virtual Properties Realty. Biz 2750 Premiere Pkwy Suite 200, Duluth, GA

    Listing date May 1, 2026

    MLS# 7764030 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Duplex in Lawrenceville, GA

    This turnkey duplex features a verified rental history and immediate cash flow. Unit 1916 offers 4 bedrooms and 2 bathrooms, and has been recently renovated with hardwood floors and a new, modern kitchen. Three separate entrances provide versatility, making it suitable for long-term rental or a roommate-sharing arrangement. Unit 1918 includes 3 bedrooms and 2 bathrooms, matching the quality finishes of Unit 1916. Both units are currently tenant-occupied with consistent, on-time payment records. The property is located in a quiet, accessible neighborhood with quick access to Sugarloaf Parkway, Lawrenceville Hwy, and Hwy 316. The lot size is 0.39 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.040236
    Latitude
    33.926085

    Nearby Similar for Sale

    • $1,800,000
      6,800 SF

      Modern Industrial Flex Space

      Office/warehouse flex space with modern design and convenient location.
      403 Swanson Drive, Lawrenceville, GA 30043
      View Details
    • $816,725
      3,808 SF

      Lawrenceville Office Building For Sale

      Prime commercial property near downtown Lawrenceville with high visibility.
      5 Hurricane Shoals Road NE, Lawrenceville, GA 30046
      View Details
    • $595,000
      2,086 SF

      Prime Commercial Property, Lawrenceville GA

      Versatile commercial property with dual road frontage in high-traffic area.
      578 Braselton Highway NE, Lawrenceville, GA 30043
      View Details
    • $595,000
      2,086 SF

      Lawrenceville Commercial Property For Sale

      Prime commercial property in a busy area, suitable for various businesses.
      578 Braselton Highway NE, Lawrenceville, GA 30043
      View Details
    • $384,000
      2,868 SF

      Charming Farmhouse Style Home

      Well-maintained home in Lawrenceville with new flooring and fresh paint.
      431 Thornbush Trace, Lawrenceville, GA 30046
      View Details
    • $524,900
      2,097 SF

      Lawrenceville Commercial Building on Scenic Highway

      Remodeled commercial building with high visibility and ample parking.
      521 Scenic Highway, Lawrenceville, GA 30046
      View Details
    • $524,900
      2,097 SF

      Lawrenceville Commercial Building on Scenic Highway

      Remodeled commercial building with high visibility and ample parking.
      521 Scenic Highway, Lawrenceville, GA 30046
      View Details
    • $432,900

      Well-Maintained Duplex Investment Opportunity

      Duplex with consistent rental history near Downtown Lawrenceville.
      375 Dixie Court, Lawrenceville, GA 30046
      View Details
    • $1,650,000
      11,340 SF

      Lawrenceville Commercial Space For Sale

      Prime commercial space in downtown Lawrenceville with parking.
      139 New Hope Road, Lawrenceville, GA 30046
      View Details
    • $500,000

      Income-Producing Multifamily Property

      Income-producing multifamily property near Hwy 316 and downtown Lawrenceville, GA.
      501 Timber Ridge Court, Lawrenceville, GA 30046
      View Details
    • $500,000

      Income-Producing Multifamily Property

      Income-producing multifamily property near Hwy 316 and downtown Lawrenceville.
      501 Timber Ridge Court, Lawrenceville, GA 30046
      View Details
    • $599,000
      1,819 SF

      Spacious Office Building with Parking

      Large office space with multiple entrances and parking.
      288 SCENIC Highway, Lawrenceville, GA 30046
      View Details

    FAQs

    What type of property is this?
    Duplex - Rare, renovated duplex with immediate cash flow and verified rental history.
    Where is this duplex located?
    The property is located at 1916 Patterson Circle Lawrenceville, GA.
    What is the asking price?
    The asking price for this property is $519,000.
    What are key features of this property?
    This property features: Turnkey duplex with immediate cash flow and verified rental history.; Both units are tenant‑occupied with consistent, on‑time payment records.; Unit 1916: **4 bedrooms, 2 bathrooms, hardwood floors, and a brand‑new modern kitchen.**
    (770) 495-5050
    We can help!
    Listing Contact
    SAAD KHAN
    SAAD KHAN
    Real Estate License ID: 279790
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1916 Patterson Circle, Lawrenceville, GA 30044

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!