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
$500,000
501 Timber Ridge Ct, Lawrenceville, GA 30046
4beds
4baths
--sqft
Est.:
Duplex, Residential Income
Built in 1986
-- sqft lot
$493,800 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious unit
- 16 days |
- 849 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: February 22, 2026 at 05:02am
Listing Provided by:
Andrew Peters,
Real Broker, LLC. 770-403-9287,
Linda Huynh,
Real Broker, LLC.
Source: FMLS GA,MLS#: 7722986
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: $505,500
- Annual tax amount: $5,691
- Date on market: 2/21/2026
- Cumulative days on market: 462 days
- Listing terms: Cash,Conventional,Other
- Electric utility on property: Yes
Estimated market value
$493,800
$469,000 - $518,000
$1,900/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Listed for sale | $500,000-2.9% |
Source:  FMLS GA #7722986 Report a problem | ||
| 2/21/2026 | Listing removed | $515,000 |
Source:  GAMLS #10419483 Report a problem | ||
| 1/28/2026 | Price change | $515,000-1% |
Source: GAMLS #10419483 Report a problem | ||
| 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 | ||
| 9/2/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/3/2023 | Price change | $1,800-10% |
Source: Zillow Rentals Report a problem | ||
| 7/18/2023 | Listed for rent | $2,000 |
Source: Zillow Rentals Report a problem | ||
| 7/6/2023 | Sold | $447,898-0.4% |
Source: FMLS GA #7226622 Report a problem | ||
| 6/12/2023 | Pending sale | $449,900 |
Source: FMLS GA #7226622 Report a problem | ||
| 6/4/2023 | Listed for sale | $449,900+1399.6% |
Source: FMLS GA #7226622 Report a problem | ||
| 12/9/2011 | Sold | $30,001 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,390 +12.3% | $202,200 +13.7% |
| 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% |
| 2021 | $1,950 -8.6% | $59,440 |
| 2020 | $2,133 +0.3% | $59,440 |
| 2019 | $2,128 | $59,440 +20.4% |
| 2018 | $2,128 +22.8% | $49,360 |
| 2016 | $1,732 +103% | $49,360 +105.7% |
| 2015 | $853 | $24,000 |
| 2014 | $853 +9.4% | $24,000 +10.6% |
| 2013 | $780 | $21,692 +80.8% |
| 2012 | -- | $12,000 -52.4% |
| 2011 | -- | $25,200 -54.7% |
| 2010 | -- | $55,640 |
| 2009 | -- | $55,640 -16.6% |
| 2007 | -- | $66,720 +23.3% |
| 2006 | -- | $54,120 |
| 2005 | -- | $54,120 |
| 2004 | $866 -0.1% | $54,120 |
| 2003 | $867 -49.7% | $54,120 |
| 2002 | $1,725 +47% | $54,120 +48.4% |
| 2001 | $1,173 | $36,480 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,805/mo
Principal & interest
$2393
Property taxes
$412
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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