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Two-Story Duplex with Basements
For Sale
$815,000

2381 Highpoint Road, Snellville, GA 30078

Each townhome has a basement with its own exterior entrance and space configured for separate occupants.

Property Size2,024 SF
Days on Market12

Property Features for 2381 Highpoint Road

General Information

Standard status Active
Size 2,024 SF
Property subtype Multifamily

Additional Details

Multifamily Units 2

Amenities

0.42 acres
Public Sewer
Parcel Number: R6051 331, Annual Amount: $13,796.6, Year: 2026
Central Air, Electric
Electric
Listing ID: 10868694, Standard Status: Active, MLS Status: New, On market as of 2026-09-29, 8 days on market
4 total parking spaces, Assigned
Elementary School: Norton, Middle School: Snellville, High School: South Gwinnett
Unfinished
Built in 2024, Levels: Three Or More, Construction Materials: Concrete
County/Parish: Gwinnett
Resale
Underground Utilities, Water Source: Public
Close Of Escrow
Fee Includes: None

Building Details

Building Size 2,024 SF
Year Built 2024
Buildings 1
Stories 2
Listing Agency: Houston Premier Realty
Listed By: Tamika Y Houston · License #371479
Source: Blackstreaminternational
Added: Sep 29 Changed: Oct 10 Last Checked: Oct 10 at 2:23AM

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 Houston Premier Realty

Investment Insights

Based on property information with market context.

This 2024 duplex comprises two two-story townhomes, each with a separate address and basement. The basement spaces have individual exterior entrances and are unfinished; completing them could support a four-unit configuration. The townhomes are to be purchased together.

Each home has three bedrooms, three full bathrooms, and a main-level flex space that can serve as an office or additional bedroom. Interior features include an open-plan main floor, a kitchen with granite countertops, white cabinetry, an island and pantry, and LVP flooring throughout. A rear deck extends from the main level. The owner's suite includes a walk-in closet and a bathroom with double vanities, a private water closet, and a tiled shower. Parking is available on site, and there is no HOA.

Key Highlights

  • Two‑story duplex built in 2024, comprising two townhomes with separate addresses
  • Each basement has a separate exterior entrance; finishing the spaces could enable a four‑unit layout
  • Three bedrooms and three full bathrooms in each townhome, plus a main‑level office or flex bedroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,409
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,180 $588.2K
Cap Rate 7%
$420,129 $420.1K
Cap Rate 9%
$326,767 $326.8K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$44.9K $22.20/SF
− Vacancy
−$2.9K −$1.44/SF
EGI
$42.0K $20.76/SF
− OpEx
−$12.6K −$6.23/SF
NOI
$29.4K $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%
$588,180
Cap Rate 7%
$420,129
Cap Rate 9%
$326,767

Alternative Uses

Best Use
Multifamily LT 5
$420.1K
$367.6K – $490.2K (±1% cap)
NOI $29,409 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$388.4K
$339.9K – $453.2K (±1% cap)
NOI $27,190 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$565.8K
$495.1K – $660.1K (±1% cap)
NOI $39,605 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 30078, GA

38,350
Population
13,784
Households
2.8
Avg Household Size
39
Median Age
42%
College-Educated
91%
High-School Grad
17.3 sq mi
ZIP Area
2,217
Density / Sq Mi
$90,054
Median Household Income
$44,657
Median Earnings
$1,641
Median Rent
$316,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each townhome has a basement with its own exterior entrance and space configured for separate occupants.
Where is this duplex located?
The property is located at 2381 Highpoint Road Snellville, GA.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Two‑story duplex built in 2024, comprising two townhomes with separate addresses; Each basement has a separate exterior entrance; finishing the spaces could enable a four‑unit layout; Three bedrooms and three full bathrooms in each townhome, plus a main‑level office or flex bedroom
More about this property
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