# 499 Oak Way, Lawrenceville, GA 30046

> **TL;DR:** residential multi family, $449,000, built 1971.
> A/C. Est. $1,946/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $449,000 |
| Year Built | 1971 |
| Lot Size | 21,780 sqft (0.50 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,946 |
| **Total** | **$1,946** |

## Nearby Schools

- **Elementary:** Winn Holt
- **Middle:** Moore
- **High:** Central Gwinnett

## Key Amenities

- A/C

## Property Highlights

- Built in 1971
- 0.50 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 499 Oak Way, Lawrenceville, GA 30046
- **County:** Gwinnett - GA
- **Neighborhood:** ellis
- **Coordinates:** 33.927295, -83.982227
- **Google Maps:** https://www.google.com/maps?q=33.927295,-83.982227

## Listing Agent

- **Name:** Lee Foxworth
- **Brokerage:** Realty Professionals, Inc.
- **Phone:** (770) 491-1494
- **Email:** lfoxworth62@gmail.com

## Primary Photo

![499 Oak Way - Primary Photo](http://lh.rdcpix.com/88cd703bef922ec053c8d07e1b4d6bd3l-f985373519r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/499-oak-way-lawrenceville-ga-30046-7756342)*

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**MLS#:** 7756342 | **Updated:** 2026-04-28
**Source:** listhub

*Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/499-oak-way-lawrenceville-ga-30046-7756342)

---

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