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1303 N Pearl Ave - 8 Home Portfolio #8, Douglas, GA 31533

Douglas
Local realty services provided by:CENTURY 21 Realty Advisors GA
1303 N Pearl Ave - 8 Home Portfolio #8,Douglas, GA 31533
$678,000
Virtual Tour
  • - Beds
  • - Baths
  • 8,500 sq. ft.
  • Multi-family
  • Active
Listed by: caleb ross
Office: canopy realty group
MLS#:153880
Source:GA_VBR

Price summary

  • Price:$678,000
  • Price per sq. ft.:$79.76

About this home

This 8-unit residential portfolio consists of six single-family homes and two mobile homes located throughout Douglas, GA, including properties on N. Pearl Street, Edgewood Avenue, Green Avenue, Poplar Street, North Street, West Baker Highway, and Lacey Avenue. The portfolio features a diverse unit mix of one 4BR/2BA, two 4BR/1BA, one 3BR/2BA, two 3BR/1BA, one 2BR/2BA, and one 2BR/1BA. Currently generating approximately $67,200 in annual gross income, rents average $700 per month, while market rents support an average of approximately $881 per month, providing significant upside through rent growth. Recent improvements include five new metal roofs, and seven of the eight units feature central heating and air conditioning. All properties are served by city water and sewer, with tenants paying their own utilities, helping keep operating expenses low. Offered at $678,000, the portfolio presents a compelling value-add opportunity with a projected 8.73% pro forma cap rate based on...

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Home facts

  • Listing ID #:153880
  • Added:6 day(s) ago
  • Updated:June 08, 2026 at 02:58 PM

Rooms and interior

  • Living area:8,500 sq. ft.

Structure and exterior

  • Roof:Metal
  • Building area:8,500 sq. ft.
  • Lot area:2.05 Acres
  • Construction Materials:Metal Siding, Vinyl Siding
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$678,000
  • Price per sq. ft.:$79.76
  • Tax amount:$2,936 (2025)

Parking

  • Parking description:3+ Cars
  • Garage spaces:3
IDX information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Humboldt Association of REALTORS® June 8, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. GA_VBR Member Broker: Clamon Browning

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