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  • Price$377,000
  • Acres0.50
  • Built1971

499 Oak Way, Lawrenceville

Exceptional cash-flowing duplex-style investment opportunity in Lawrenceville, GA. This property features two fully functional units with strong rental demand and built-in income potential. The property generates $45,456 in gross annual income with approximately $8,186 in annual expenses, producing a Net Operating Income (NOI) of $37,270. At an 8% cap rate, this supports an estimated value near $465,000. The main unit is a 3-bedroom, 1.5-bath home featuring LVP flooring, full kitchen with dishwasher, refrigerator, and electric stove, washer/dryer connections, ceiling fans in all rooms, and a large private backyard. The second unit is a separately accessed studio apartment with a full bath, dishwasher, refrigerator, separate HVAC system, and an included washer and dryer. Both units offer strong cell reception and reliable internet connectivity. Located just minutes from Lawrenceville Square, with convenient access to shopping, dining, and major retailers. Turnkey income property with dual revenue streams-live in one unit and rent the other, or maximize returns with two tenants in place.

Essential Information

  • MLS® #10737253
  • Price$377,000
  • Bathrooms0.00
  • Acres0.50
  • Year Built1971
  • TypeResidential Income
  • StatusActive

Amenities

  • UtilitiesElectricity Billing Prorated, Gas Billing Prorated, Water Billing Prorated
  • Parking Spaces5
  • ParkingOff Street

Exterior

  • ConstructionWood Siding, Stone Frame
  • FoundationSlab

Additional Information

  • Days on Market34

Community Information

  • Address499 Oak Way
  • Subdivisionellis
  • CityLawrenceville
  • CountyGwinnett
  • StateGA
  • Zip Code30046

Interior

  • HeatingCentral
  • CoolingCeiling Fan(s), Central Air, Electric
  • StoriesOne

School Information

  • ElementaryMargaret Winn Holt
  • MiddleMoore
  • HighCentral

Listing Details

  • Listing Provided Courtesy Of Realty Professionals
  • Office Info7708333409

Price Change History for 499 Oak Way, Lawrenceville, GA (MLS® #10737253)

Date Details Price Change
Active
Price Change
Price Reduced (from $449,000) $377,000 $72,000 (16.04%)
Active
New (from Coming Soon)
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Listing information last updated on May 25th, 2026 at 10:15pm CDT.