For sale

$500,000

Est. $3,542/mo —

•

4 ba

•

—

sq ft

501 Timber Ridge Ct, Lawrenceville, GA 30046

About this home

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.

Multi-familyProperty Type

1986Year Built

0.32 acresLot Size

4 spacesParking

Listed by Linda Huynh • Real Broker, LLC.

Listed by Andrew Peters • Real Broker, LLC.

Contact: 309-317-1671

Source:FMLS #7802737

Payment calculator

$3,542 per month

Principal and interest$2,729

Property taxes

$592

HOA dues

Home insurance

$221

Utilities

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Next available date: Sunday, September 20

Open houses

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Around this home

Schools

K - 12
Preschool & daycare

Margaret Winn Holt Elementary School

Public PreK-5 • Assigned • 1.7mi

7/10

Moore Middle School

Public 6-8 • Assigned • 2.6mi

5/10

Central Gwinnett High School

Public 9-12 • Assigned • 1.5mi

4/10

Provided by GreatSchools

About Downtown

Lawrenceville

Downtown Lawrenceville, located between Gwinnett Historic Courthouse Square and Rhodes Jordan Park, is a historic and walkable Lawrenceville neighborhood with a courthouse-centered streetscape and a calendar of civic events. The neighborhood’s character concentrates around the intersection of W Crogan Street and N Clayton Street, where patios, galleries, and small storefronts line the sidewalks under string lights. Aurora Theatre, McCray’s Tavern, and Local Republic anchor the district’s cultural and dining rhythm. Brick facades and restored commercial blocks frame pocket plazas and public art. Side streets shift to older homes and shaded lots, while the square keeps foot traffic steady.

Provided by Walk Score and Local Logic

Offer insights

501 Timber Ridge Ct · $500,000

Strong offer

$499K and above

75% chance or better to win

Why $499K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 87 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Double pane windows
Luxury vinyl flooring
Fireplace

Bedrooms
Two 2-bedroom units

Bathrooms
Each unit has 2 bathrooms

Kitchen
Dishwasher
Microwave
Range/Oven
Refrigerator

Laundry & utility
Washer in each unit
Washer/dryer connections

Flooring
Luxury vinyl

Heating & cooling
Central air conditioning
Forced air heating

Sale and tax history for 501 Timber Ridge Ct

Sale History
Tax History

Date

Event

Price

FMLS #7802737

Jul 11, 2026

Listed

$500,000

GAMLS #10803781

Jul 11, 2026

Listed

$500,000

+37

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.

GAMLS #10696053

Jun 30, 2026

Listing Removed

—

Feb 21, 2026

Listed

$500,000

FMLS #7634537

Feb 20, 2026

Listing Removed

—

Jan 28, 2026

Price Changed

$515,000

Aug 18, 2025

Listed

$520,000

GAMLS #10419483

Feb 20, 2026

Listing Removed

—

Jan 28, 2026

Price Changed

$515,000

Mar 15, 2025

Price Changed

$520,000

Feb 25, 2025

Price Changed

$510,000

Nov 27, 2024

Listed

$525,000

FMLS #7540020

Aug 15, 2025

Listing Removed

—

Mar 15, 2025

Price Changed

$520,000

Mar 13, 2025

Listed

$510,000

FMLS #7490632

Mar 12, 2025

Listing Removed

—

Feb 21, 2025

Price Changed

$510,000

Nov 27, 2024

Listed

$525,000

FMLS #7226622

Jul 6, 2023

Sold

$447,898

Jun 12, 2023

Pending

—

Jun 4, 2023

Listed

$449,900

GAMLS #10166967

Jul 6, 2023

Sold

$447,898

Jun 12, 2023

Pending

—

Jun 4, 2023

Listed

$449,900

Year

Property tax

Land + Additions

Assessment*

2025

$7,109 (+24.9%)

$24,000 + $160,520

$184,520

2024

$5,691 (+44.7%)

$24,000 + $178,200

$202,200

2023

$3,932 (+106.1%)

$17,600 + $160,240

$177,840

2022

$1,908 (−2.1%)

$17,600 + $104,880

$122,480

2021

$1,950 (−8.6%)

$17,600 + $104,880

$122,480

2020

$2,133 (+0.3%)

$12,400 + $47,040

$59,440

2019

$2,128 (+23.4%)

$12,400 + $47,040

$59,440

2018

$1,724 (−1.1%)

$12,400 + $47,040

$59,440

2017

$1,743 (+0.6%)

$10,800 + $38,560

$49,360

2016

$1,732 (+103.0%)

$10,800 + $38,560

$49,360

2015

$853 (−0.8%)

$4,800 + $19,200

$24,000

2014

$860 (+10.2%)

$4,800 + $19,200

$24,000

2013

$780 (+80.9%)

$4,800 + $20,720

$25,520

2012

$431 (−52.7%)

$4,800 + $20,720

$25,520

2010

$913 (−51.7%)

$6,000 + $19,200

$25,200

2009

$1,888

$10,800 + $44,840

$55,640

2008

$1,888

$10,800 + $44,840

$55,640

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.32 Acres

Year renovated

—

Finished Sq. Ft.

2,205

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,205

Year built

1986

Style

Multi-Family (2-4 Unit)

County

Gwinnett County

APN

R5148 296

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

RM12

Multifamily Residential District

The RM-12 Multifamily Residential District is designed to provide for low-rise and medium-density apartment developments that will be compatible when located near and among lower- and moderate-density types of developments. Dormitories are limited specifically to Georgia Gwinnett College campus. Property in the RM-12 Multifamily Residential District shall be developed in accordance with the Minimum Lot Area requirement and the applicable site related provisions of the City of Lawrenceville Development Regulations.

Permitted uses

Include but are not limited to:

Garden center
Housing-Multiple units
Housing-Senior

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 103° expected this year, 17 days in 30 years

4/10 Wind Factor

17% chance of strong winds in next 30 years

5/10 Air Factor

6 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Lawrenceville, GA • 30046

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 28% for direct sun exposure in Lawrenceville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

7.1 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 501 Timber Ridge Ct

$489,432

$11K under list price of $500K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $345K to $540K.

SOLD MAY 8, 2026
$540,000 Last sold price
6 beds3.5 baths3,348 sq ft
492 New Hope Rd, Lawrenceville, GA 30046
larger lot
6 years older
finished basement
SOLD MAR 27, 2026
$400,000 Last sold price
6 beds3 baths2,350 sq ft
295 Lamden Ct, Lawrenceville, GA 30046
smaller lot
2 years newer
finished basement
SOLD APR 14, 2026
$345,000 Last sold price
3 beds2 baths1,886 sq ft
369 Hillridge Dr, Lawrenceville, GA 30046
1 year newer
SOLD JUL 10, 2026
$369,900 Last sold price
4 beds2 baths1,800 sq ft
875 White Oak Ct, Lawrenceville, GA 30046
14 years older
SOLD AUG 21, 2026
$445,000 Last sold price
4 beds3.5 baths3,656 sq ft
37 Simonton Rd, Lawrenceville, GA 30046
larger lot
3 years newer
SOLD JUL 17, 2026
$475,000 Last sold price
4 beds4 baths2,351 sq ft
220 Cedarhurst Rd, Lawrenceville, GA 30045
14 years newer
finished basement

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