4261 Ga-32 #5, Douglas, GA 31533
Local realty services provided by:CENTURY 21 Realty Advisors GA
Listed by: caleb ross
Office: canopy realty group
MLS#:153874
Source:GA_VBR
Price summary
- Price:$360,750
- Price per sq. ft.:$87.6
About this home
Located just off Highway 32 in Douglas, Georgia, this multifamily investment opportunity consists of one duplex and one triplex situated on a single parcel, offering investors an efficient, easy-to-manage asset with immediate upside potential, currently bringing in $38,016 in annual income. The property features five total units, including three (3) 1BR/1BA units in the triplex and two (2) 2BR/1BA units in the duplex. Current rents average approximately $635 per month, while market comparables support rents of approximately $740 per month, providing a clear path to increased cash flow through strategic rent adjustments. Recent improvements include a new metal roof on the duplex, helping minimize near-term capital expenditures. The property also offers ample private parking, an attractive amenity for tenants that enhances convenience and retention. Operational efficiency is supported by a private well and septic system, reducing utility expenses and dependence on municipal services. Tenants are individually metered for electricity and pay the utility provider directly, while reimbursing ownership through a flat monthly water fee, helping offset operating costs. Douglas continues to benefit from strong demand for affordable workforce housing, driven by a stable employment base and limited housing inventory. With below-market rents, low-maintenance infrastructure, and recent capital improvements already in place, this asset presents an excellent opportunity for investors seeking a combination of stable income, operational efficiency, and value-add potential. Tenant Occupied, do not approach or disturb tenants. Interior showings allowed only when under contract during DDP....
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Home facts
- Listing ID #:153874
- Added:57 day(s) ago
- Updated:July 29, 2026 at 04:23 PM
Rooms and interior
- Living area:4,118 sq. ft.
Structure and exterior
- Roof:Metal, Shingle
- Building area:4,118 sq. ft.
- Lot area:0.81 Acres
- Construction Materials:Vinyl Siding
- Levels:1 Story
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$360,750
- Price per sq. ft.:$87.6
- Tax amount:$1,167 (2025)
Features and amenities
- Amenities:Insulated
Parking
- Parking description:3+ Cars
- Garage spaces:3
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