Excellent investment opportunity! This income-producing property features long-term tenants and a solid 4-sided brick building. Each spacious unit offers 2 bedrooms and 2 baths. With no HOA fees and strong cash flow, this property is a great addition to any portfolio. Please do not disturb tenants—. Conveniently located near Hwy 316 and downtown Lawrenceville, with easy access to hospitals, restaurants, schools, parks, and shopping.
Active
$520,000
501 Timber Ridge Ct, Lawrenceville, GA 30046
4beds
4baths
--sqft
Est.:
Duplex, Residential Income
Built in 1986
-- sqft lot
$513,900 Zestimate®
$--/sqft
$-- HOA
What's special
- 141 days |
- 384 |
- 28 |
Zillow last checked: 8 hours ago
Listing updated: January 05, 2026 at 04:58pm
Listing Provided by:
Andrew Peters,
Real Broker, LLC. 770-403-9287,
Linda Huynh,
Real Broker, LLC.
Source: FMLS GA,MLS#: 7634537
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Features
- Flooring: Luxury Vinyl
- Windows: Double Pane Windows
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Level Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: No Dock
- Fencing: None
- Has view: Yes
- View description: Neighborhood, Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.32 Acres
- Features: Cul-De-Sac, Level, Other
Details
- Parcel number: R5148 296
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Residential Income
Materials
- Brick 4 Sides
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available, Other
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Forest East
HOA
- Has HOA: No
Location
- Region: Lawrenceville
Financial & listing details
- Tax assessed value: $444,600
- Annual tax amount: $5,691
- Date on market: 8/18/2025
- Cumulative days on market: 400 days
- Listing terms: Cash,Conventional,Other
- Electric utility on property: Yes
Estimated market value
$513,900
$488,000 - $540,000
$2,121/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2025 | Price change | $520,000+2% |
Source:  FMLS GA #7540020 Report a problem | ||
| 2/21/2025 | Price change | $510,000-2.9% |
Source: FMLS GA #7490632 Report a problem | ||
| 12/5/2024 | Listing removed | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 11/27/2024 | Listed for sale | $525,000+17.2% |
Source: FMLS GA #7490632 Report a problem | ||
| 11/5/2024 | Listed for rent | $1,800 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,691 +44.7% | $177,840 +45.2% |
| 2023 | $3,932 +106.1% | $122,480 |
| 2022 | $1,908 -2.1% | $122,480 +106.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,139/mo
Principal & interest
$2528
Property taxes
$429
Home insurance
$182
Climate risks
Neighborhood: 30046
Nearby schools
GreatSchools rating
- 4/10Margaret Winn Holt Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 5/10Moore Middle SchoolGrades: 6-8Distance: 2.6 mi
- 4/10Central Gwinnett High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Simonton
- Middle: Jordan
- High: Central Gwinnett
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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