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....
Contact an agent
Home facts
- Subdivision & Development:n/a
- Listing ID #:153874
- Added:102 day(s) ago
- Updated:September 12, 2026 at 03:45 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
New listings near 4261 Ga-32 #5
- New
$215,000Active3 beds 2 baths2,106 sq. ft.178 Bo Jo Ella Dr, Douglas, GA 31533
MLS# 118038Listed by: PREMIER REALTY GROUP OF GA - New
$489,000Active4 beds 4 baths4,368 sq. ft.403 Rose Lane, Douglas, GA 31533
MLS# 118034Listed by: KELLER WILLIAMS REALTY GEORGIA COMMUNITIES - New
$175,000Active3 beds 2 baths1,731 sq. ft.1305 Old Bell Lake Road, Douglas, GA 31535
MLS# 118033Listed by: BREWER REALTY GROUP, LLC - New
$360,000Active4 beds 3 baths1,879 sq. ft.267 Logan Drive, Douglas, GA 31535
MLS# 118032Listed by: KELLER WILLIAMS REALTY GEORGIA COMMUNITIES - New
$185,000Active3 beds 2 baths1,834 sq. ft.1100 Hillside Drive, Douglas, GA 31533
MLS# 118028Listed by: KELLER WILLIAMS REALTY GEORGIA COMMUNITIES - New
$30,000Active0.34 Acres1913 Greenview Drive, Douglas, GA 31533
MLS# 118029Listed by: KELLER WILLIAMS REALTY GEORGIA COMMUNITIES - New
$135,000Active3 beds 1 baths1,377 sq. ft.602 Waldroup Ave., Douglas, GA 31533
MLS# 118030Listed by: KELLER WILLIAMS REALTY GEORGIA COMMUNITIES - New
$135,000Active3 beds 1 baths1,071 sq. ft.700 Ashley Street, Douglas, GA 31333
MLS# 118031Listed by: KELLER WILLIAMS REALTY GEORGIA COMMUNITIES - New
$264,900Active3 beds 2 baths1,680 sq. ft.907 N Chester Ave., Douglas, GA 31533
MLS# 118026Listed by: KELLER WILLIAMS REALTY GEORGIA COMMUNITIES - New
$259,900Active3 beds 3 baths3,012 sq. ft.601 Mcrary Rd, Douglas, GA 31533
MLS# 118024Listed by: COLDWELL BANKER