Duplex with Separate
New
For Sale
$415,000
2005-2007 Flowery Branch Road, Buford, GA 30519
One residence is occupied, while the updated lower unit is vacant and separately metered.
Property Size1,988 SF
Days on Market4
Property Features for 2005-2007 Flowery Branch Road
General Information
Standard status
Active
Size
1,988 SF
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Multifamily Units
2
Individually Metered Utilities
water, electricity
Additional Details
Tenant in Place
Yes
Amenities
0.49 acres
Septic Tank
Parcel Number: R3007 189, Annual Amount: $3,999.54, Year: 2025
Central Air, Electric
Central, Electric
In Unit
Listing ID: 10878818, Standard Status: Active, MLS Status: New, On market as of 2026-10-24, 2 days on market, Special Conditions: As Is, Estate Owned, No Disclosure
4 total parking spaces, Parking Pad
Elementary School: Duncan Creek, Middle School: Frank N Osborne, High School: Mill Creek
Built in 1988, Levels: Two, Construction Materials: Wood Siding
County/Parish: Gwinnett
Resale
Electricity Individual Meters, Water Individual Meters, Water Source: Public
Slab
Close Plus 3 to 5 Days
Fee Includes: None
Building Details
Building Size
1,988 SF
Year Built
1988
Listing Agency:
Southern Realty Group of GA, Inc.
(770) 227-1211
Listed By:
Austin Sexton · License #417635
(678) 588-7625
Source:
Blackstreaminternational
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 26 at 2:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southern Realty Group of GA, Inc.
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Investment Insights
Based on property information with market context.
This 1988 duplex has two residences arranged on separate floors, each with its own entrance and separate water and electricity meters. The upper unit is occupied; the lower unit is vacant and has been updated throughout.
Located at 2005-2007 Flowery Branch Road in Buford, the property is near I-85. The vacant lower residence is available for showings, while access to the occupied unit is limited to the buyer’s due diligence period.
Located at 2005-2007 Flowery Branch Road in Buford, the property is near I-85. The vacant lower residence is available for showings, while access to the occupied unit is limited to the buyer’s due diligence period.
Key Highlights
- Two residences, one upstairs and one downstairs
- Separate entrances and individual water and electricity meters for each unit
- Upper residence is occupied; lower residence is vacant and updated throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,885
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,700
$577.7K
Cap Rate 7%
$412,643
$412.6K
Cap Rate 9%
$320,944
$320.9K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$44.1K $22.20/SF
− Vacancy
−$2.9K −$1.44/SF
EGI
$41.3K $20.76/SF
− OpEx
−$12.4K −$6.23/SF
NOI
$28.9K $14.53/SF
Area
Gwinnett County, GA
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,700
Cap Rate 7%
$412,643
Cap Rate 9%
$320,944
Alternative Uses
Best Use
Multifamily LT 5
$412.6K
$361.1K – $481.4K
NOI $28,885 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$381.5K
$333.8K – $445.1K
NOI $26,707 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$555.7K
$486.3K – $648.4K
NOI $38,901 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 30519, GA
54,608
Population
18,734
Households
2.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
33.8 sq mi
ZIP Area
1,616
Density / Sq Mi
$98,846
Median Household Income
$50,265
Median Earnings
$1,816
Median Rent
$377,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is occupied, while the updated lower unit is vacant and separately metered.
Where is this duplex located?
The property is located at 2005-2007 Flowery Branch Road Buford, GA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two residences, one upstairs and one downstairs; Separate entrances and individual water and electricity meters for each unit; Upper residence is occupied; lower residence is vacant and updated throughout
