1416 Manchester Court, Lilburn — Vesta
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Lilburn · 30047 · Gwinnett - GA County

1416 Manchester Court

Active Single Family Residence Manchester
$359,995
0.46 ac · 4 bd · 2.5 ba · 2,464 sqft · Single Family Residence · MLS# 7836816
Annual tax · $5,220
About this property

A 4-bedroom, 2.5-bath single family residence in Lilburn.

$72K+ PRO FORMA | STABLE CASH FLOW | LILBURN CONVERSION PLAY Instant income meets massive revenue upside. Located in the high-demand Lilburn market, this 2,464 sq. ft. Colonial is a powerhouse asset. Recently occupied this December at a stable market rate, it offers a "plug-and-play" opportunity for an investor to secure equity now and double their yield later. The Strategy: While currently a 4-bedroom home, the massive footprint and traditional layout (Formal Living, Dining, and Family Room) are perfectly suited for a high-yield co-living conversion. The Numbers: Current Rent: ~$2,200/mo — Stable income starting Dec 2025. PadSplit Potential:6,000/mo(6,000/mo(72,000/year). The Yield: Nearly 3x the gross revenue utilizing a 6-bedroom conversion model ($1,000/room). The Asset: Premium Finishes: Renovated kitchen with stone counters, brand-new stainless appliances, and durable laminate/tile flooring designed for low-maintenance longevity. Conversion Ready: The separate formal living and dining rooms allow for easy conversion into additional revenue-generating bedrooms without major structural work. Prime Location: Situated in a quiet cul-de-sac on a huge 0.46-acre fenced lot. Zoned for the award-winning Brookwood High district—a "Zero Vacancy" hotspot for workforce housing. Secure a high-performing asset in a premier Gwinnett submarket. This is a turnkey investment with guaranteed stability and industry-leading pro-forma potential.

4Beds
2.5Baths
2,464Sq Ft
0.46 acLot

Property details

Property

Property TypeResidential
Sub TypeSingle Family Residence
StatusActive
Year Built1977
Lot Size0.46 acres
CountyGwinnett - GA · GA
Annual Tax$5,220

Interior

Bedrooms4
Bathrooms2.5 (2 Full, 1 Half)
Square Feet2,464
Garage2 spaces
SubdivisionManchester
ZIP30047
Days on Market10

Schools

ElementaryHead
MiddleFive Forks
High SchoolBrookwood

Contact

Vesta CG(678) 249-0839
Emailvesta@vcgrealty.com
LicenseKW Intown Atlanta
Listed by TruPorch Homes · James YEH

Where it sits

Mortgage estimate

An estimate of your monthly payment, including principal, interest, taxes, and insurance. Property taxes for this listing are $5,220 annually.

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Frequently asked questions

How much does 1416 Manchester Court cost?

1416 Manchester Court is listed at $359,995 ($146/sqft).

How many bedrooms and bathrooms does this property have?

This property has 4 bedrooms and 2.5 bathrooms with 2,464 square feet of living space.

When was it built?

This property was built in 1977.

What schools serve this address?

Elementary: Head. Middle: Five Forks. High: Brookwood.

What is the lot size?

This property sits on 0.46 acres.

What are the property taxes?

Annual property taxes are approximately $5,220.

How can I schedule a tour?

Use the form on this page, or contact Vesta Consulting Group at (678) 249-0839 or vesta@vcgrealty.com.

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Want to walk this property?

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Valerie Gonzalez · Buyer Specialist · Vesta Consulting Group

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MLS# 7836816 · Last updated 2026-09-12 04:21:57

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