Active

$520,000

501 Timber Ridge Ct, Lawrenceville, GA 30046

--beds

--baths

--sqft

Est.:

Multi Family, Duplex

Built in 1986

-- sqft lot

$515,400 Zestimate^®

$--/sqft

$-- HOA

What's special

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.

420 days

594

35

Tour with a local agent

Facts & features

Interior

Heating

Forced Air

Cooling

Ceiling Fan(s), Central Air

Features

Basement: None
Number of fireplaces: 1

Property

Parking

Total spaces: 4
Parking features: Attached
Has attached garage: Yes

Features

Levels: One
Stories: 1
Body of water: None

Lot

Size: 0.32 Acres

Details

Parcel number: R5148 296

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Brick
Foundation: Slab

Condition

Resale
New construction: No
Year built: 1986

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Other

Community & HOA

Community

Features: None
Subdivision: Forest East

HOA

Has HOA: No
Services included: None

Location

Region: Lawrenceville

Financial & listing details

Tax assessed value: $444,600
Annual tax amount: $3,932
Date on market: 11/27/2024
Cumulative days on market: 419 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Other

Estimated market value

$515,400

$490,000 - $541,000

$2,121/mo

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