Investor-owned income property. ($41,800) 3 bedroom 1.5 bathrooms with a separate rental garage apartment. Main home is 1160 sq. ft & garage apartment is 576 sq. ft. This studio/garage apartment has been completely renovated with new flooring, lights, stackable washer/dryer, cabinets, windows, blinds, ceiling fan, stove, refrigerator, bathroom vanity, sink, window unit, shower, and a 1-year water heater. The home has a metal roof and a large, partially fenced backyard. Full-blown insulation in the whole house. The income produced is $41,800 per year. The three-bedroom apartment is currently rented, and the Garage apartment is a studio rented for $1200. It is in a great location accessible to downtown Lawrenceville, Gwinnett University, and excellent Gwinnett County schools. The school bus route is available. The 3-bedroom home is currently tenant-occupied. Garage apartment is newly renovated. Home is an income-producing property.
Active
$399,000
499 Oak Way, Lawrenceville, GA 30046
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$390,300 Zestimate®
$--/sqft
$-- HOA
What's special
Large partially fenced backyardMetal roofBathroom vanityCeiling fanWindow unitNew flooring
- 57 days
- on Zillow |
- 186 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: June 30, 2025 at 10:09pm
Listed by:
Dora Grubb 404-205-1808,
Solace Realty
Source: GAMLS,MLS#: 10545603

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Central, Natural Gas
Cooling
- Ceiling Fan(s), Central Air, Electric, Window Unit(s)
Appliances
- Laundry: In Unit
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Assigned
Features
- Levels: One
- Stories: 1
- Body of water: None
Lot
- Size: 0.35 Acres
Details
- Parcel number: R5140 129
- Special conditions: Agent/Seller Relationship,As Is,Investor Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stone Frame, Wood Siding
- Foundation: Slab
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Sewer Connected, Underground Utilities
Green energy
- Energy efficient items: Insulation
Community & HOA
Community
- Features: None
- Subdivision: Oakdale Woods
HOA
- Has HOA: No
- Services included: None
Location
- Region: Lawrenceville
Financial & listing details
- Tax assessed value: $199,600
- Annual tax amount: $2,800
- Date on market: 6/16/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
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