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501 Downing Street, Lawrenceville, GA 30046

Lawrenceville
Local realty services provided by:CENTURY 21 Results
501 Downing Street,Lawrenceville, GA 30046
$399,990
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cory browning
Office: emerald homes
MLS#:7858563
Source:FIRSTMLS

Price summary

  • Price:$399,990

About this home

Expand your real estate portfolio with this fantastic income-producing duplex located in the heart of Gwinnett County. Offering an incredible opportunity for steady cash flow, this multi-family property in a high-demand rental market Turnkey Investment: An established income-generating asset designed to deliver consistent rental performance and strong long-term appreciation. Features well-proportioned multi-unit living spaces equipped with comfortable floor plans, functional kitchens, and private parking. Situated just minutes from the vibrant shops, dining, and community events in Downtown Lawrenceville, as well as local parks, major healthcare facilities, and major highways (including GA-316 and US-29). Excellent option for buy-and-hold investors looking to add to their portfolio or savvy owner-occupants interested in house-hacking.

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Home facts

  • Year built:1983
  • Subdivision & Development:Knightsbridge
  • Listing ID #:7858563
  • Updated:October 28, 2026 at 11:44 PM

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1983
  • Lot area:0.3 Acres
  • Lot Features:Corner Lot
  • Levels:1 Story

Schools

  • High school:Central Gwinnett
  • Middle school:Moore
  • Elementary school:Lawrenceville

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$399,990
  • Tax amount:$4,183 (2025)

Parking

  • Parking description:Driveway, Level Driveway
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