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$850,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • Updated 10 days ago
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Excellent investor opportunity in Gwinnett County. This two-story, residential income-producing quadruplex features four separate units and is currently tenant-occupied, providing immediate and consistent rental income. Functional unit layouts support long-term tenancy and stable occupancy, making this property well suited for investors seeking reliable cash flow. Conveniently located in Norcross near everyday amenities and services. Approximately Gwinnett Place Mall (2 mi), The Forum on Peachtree Parkway (2.5 mi), and grocery stores and dining (1 mi). Nearby schools include Susan Stripling Elementary School (1 mi), Summerour Middle School (2 mi), and Norcross High School (2.5 mi). Close proximity to parks and community amenities further supports strong and ongoing rental demand. This property presents a solid opportunity to add a multi-unit residential asset to an investment portfolio in an established Gwinnett County location. Existing occupancy minimizes downtime and allows for a smooth ownership transition. Do not disturb tenants. Showings by appointment only.

Full Property Details for 1175 Forest Vale Dr

General

  • Price: $850,000
  • Taxes: $10,211 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: FMLS_Atlanta
  • MLS ID: 7695346
  • Updated: 1/8/2026
  • Added to Site: 29 day(s) ago

Additional Information

  • Amenities: None
  • Security/Safety: None

Parking

  • Total Spaces: 9
  • Parking Features: Parking Lot

Location

  • County: Gwinnett
  • Subdivision: Forest Vale 01
  • Driving Directions: From I-85 North, take Exit 99 for Jimmy Carter Blvd. Turn right onto Jimmy Carter Blvd, then left onto Rockbridge Road. Turn right onto Forest Vale Drive. Continue to 1175 Forest Vale Dr, Norcross, GA 30093.

School Information

  • Elementary School: Rockbridge - Gwinnett
  • Middle School: Lilburn
  • High School: Meadowcreek

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Structural Information

  • Detached/Attached: Detached
  • Exterior Const.: Brick
  • Roof: Shingle
  • Windows: Double Pane Windows
  • Stories/Levels: Two
  • Year Built: 1972
  • Property Condition: Resale

Lot Features

  • Property View: Other
  • Lot Size (Acres): 0.41
  • Lot Size Source: Estimated
  • Lot Features: Private
  • Fencing (Description): Back Yard

Financial Considerations

  • Tax Amount: $10,211
  • Tax Year: 2024
  • Terms: 1031 Exchange, Cash, Conventional, VA Loan, Other

Disclosures and Reports

  • Property ID: R6169 032

FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and 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 policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 18 2026 3:54PM

Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.

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— 1175 Forest Vale Dr —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 1175 Forest Vale Dr

School District:Gwinnett County School District
NameGradesDistance
Rockbridge Elementary School, Norcross, GA
6066 Rockbridge School Road Northwest, Norcross, GA 30093
K-50.6 mi
Lilburn Middle School
4994 Lawrenceville Highway, Lilburn, GA 30047
6-83.1 mi
Meadowcreek High School
4455 Steve Reynolds Boulevard, Norcross, GA 30093
9-123.5 mi
McClure Health Science High School
3921 Club Place, Duluth, GA 30096
9-125.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1175 Forest Vale Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/21/2025
Listed
$850,000
373.8%
MLS
12/28/2011
Sold
$179,400
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1175 Forest Vale Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,734
15%
$300,960
18%
2024
$10,211
16%
$254,360
18%
2023
$8,808
13%
$216,000
13%
2022
$7,785
11%
$191,200
14%
2021
$7,031
—
$168,400
—
2020
$7,062
-5%
$168,400
-9%
2019
$7,434
70%
$186,000
94%
2017
$4,371
1%
$95,800
—
2016
$4,331
—
$95,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and 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 policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 18 2026 3:54PM

1175 Forest Vale Drive, Norcross, GA 30093 (MLS# 7695346) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1175 Forest Vale Drive is currently listed for $850,000 and was received on December 21, 2025. This property is listed by Anna Eckstein from our Buckhead Office.Want to learn more about 1175 Forest Vale Drive? Do you have questions about finding other Multi-Family real estate for sale in Norcross? You can browse all Norcross real estate or contact a Coldwell Banker agent to request more information.

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