$510,000

501 Timber Ridge Ct Lawrenceville, GA 30046

$6,056
Closing credit¹
0.3 acres
Multi-Family

Property details

About 501 Timber Ridge Ct

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.

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
CoolingCeiling Fan(s), Central Air
Lot size0.32 Acres
Year built1986
ParkingLevel Driveway
MLS #7540020
ViewTrees/Woods, Other

Summary

  • MLS Number: 7540020
  • MLS Name: First Multiple Listing Service
  • Office Name: Real Broker, LLC.
  • Office Phone: (855) 450-0442
  • Listing Agent: Linda Huynh

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house featuring a front lawn, brick siding, and a chimney

$510,000

501 Timber Ridge Ct

$6,056

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 11, 2023
Home Sold
$447,898
Dec 19, 2011
Home Sold
$30,001

Tax history

YearAssessmentProperty Tax
2023$122,480$3,931
2022$122,480$1,949
2021$59,440$1,949
2019$59,440$2,127
2018$59,440$1,742
2017$49,360$1,732

History based on county public records data.

Nearby schools

5

Simonton Elementary School

Public District KG-5

1.1 mi

275 Simonton Rd

4

Lawrenceville Elementary School

Public District PK-5

1.2 mi

122 Gwinnett Dr

4

Jenkins Elementary School

Public District KG-5

1.4 mi

12 Village Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,602. Residents of Lawrenceville, GA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

40%
<35k
43%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
20%
Single, with Kids
15%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Chico'sChico's

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Bob EvansBob Evans

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 501 Timber Ridge Ct in Lawrenceville, GA and zip code 30046 in the Forest East neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $510,000.

Lawrenceville, GA housing market in February 2025 saw over 30 listings sold above listed price, more than 41 sold at listed price and over 98 sold below. Between January and February 2025, Lawrenceville, GA real estate market has seen increase in the number of listings by 14.1%. In February 2025 median list price was $396,507 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

More resources