Turn-Key Brick Duplex
For Sale
$409,900
351 Freeport Drive #351 & 349, Lawrenceville, GA 30046
Four-sided brick duplex with two 2BR/1BA units, separate meters, and one unit currently occupied.
Property SizeContact for details
Days on Market56
Property Features for 351 Freeport Drive #351 & 349
General Information
Standard status
Active
Property subtype
Multi-Family
Amenities
Central Air
Forced Air
Electricity Individual Meters, Sewer Connected
Building Details
Year Built
1985
Listing Agency:
Keller Williams Realty Atl Perimeter
Listed By:
Zachary Maxey · License #355367
(404) 563-0732
Source:
Kw
Added: Jul 12
Changed: Sep 4
Last Checked: Sep 4 at 5:21PM
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 Keller Williams Realty Atl Perimeter
Investment Insights
Based on property information with market context.
This turn-key, move-in-ready duplex features four-sided brick construction and two separate units, each with 2 bedrooms and 1 bathroom. The units have separate electrical meters, entrances, and parking, along with an oversized bathroom in the hallway for joint tenant use per unit. Interior updates include hand-scraped LVP flooring throughout, updated kitchens and bathrooms, light and airy paint, and other newer finishes. Reported recent improvements include a newer roof, HVAC, water heater, and fresh interior and exterior paint.
The property sits on a well-maintained oversized corner lot of approximately 3/4 acre. Located in Lawrenceville at 351 Freeport Drive (#351 & 349), it is described as being minutes from Northside Hospital Gwinnett, Georgia Gwinnett College, and Historic Downtown Lawrenceville, with nearby shopping, restaurants, and entertainment. The listing also notes easy access to I-85 and GA-316.
One unit is currently occupied, while the other unit is vacant, and the occupied unit is described as being on a month-to-month basis. The seller projects gross monthly rents of approximately $3,300 and a projected capitalization rate of approximately 9.34%, and the listing notes there is no HOA.
The property sits on a well-maintained oversized corner lot of approximately 3/4 acre. Located in Lawrenceville at 351 Freeport Drive (#351 & 349), it is described as being minutes from Northside Hospital Gwinnett, Georgia Gwinnett College, and Historic Downtown Lawrenceville, with nearby shopping, restaurants, and entertainment. The listing also notes easy access to I-85 and GA-316.
One unit is currently occupied, while the other unit is vacant, and the occupied unit is described as being on a month-to-month basis. The seller projects gross monthly rents of approximately $3,300 and a projected capitalization rate of approximately 9.34%, and the listing notes there is no HOA.
Key Highlights
- Four‑sided brick duplex built in 1985 with two separate 2BR/1BA units on a 3/4 +/- acre oversized corner lot
- One unit currently occupied at $1,450/month; second unit vacant for immediate rental opportunity
- Separate electrical meters, entrances, and parking for each unit
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,063
Businesses Nearby
Explore this area
Business Placement
Demographics for 30046, GA
40,227
Population
14,356
Households
2.8
Avg Household Size
34
Median Age
26%
College-Educated
84%
High-School Grad
15.8 sq mi
ZIP Area
2,546
Density / Sq Mi
$63,379
Median Household Income
$36,962
Median Earnings
$1,488
Median Rent
$302,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Four-sided brick duplex with two 2BR/1BA units, separate meters, and one unit currently occupied.
Where is this duplex located?
The property is located at 351 Freeport Drive #351 & 349 Lawrenceville, GA.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Four‑sided brick duplex built in 1985 with two separate 2BR/1BA units on a 3/4 +/- acre oversized corner lot; One unit currently occupied at $1,450/month; second unit vacant for immediate rental opportunity; Separate electrical meters, entrances, and parking for each unit
