637 & 639 Ethel St #2, Douglas, GA 31533
Local realty services provided by:CENTURY 21 Realty Advisors GA
637 & 639 Ethel St #2,Douglas, GA 31533
$219,000
- - Beds
- - Baths
- 2,750 sq. ft.
- Multi-family
- Pending
Listed by: caleb ross
Office: canopy realty group
MLS#:153887
Source:GA_VBR
Price summary
- Price:$219,000
- Price per sq. ft.:$79.64
About this home
This turnkey investment opportunity features two adjacent single-family rental homes in the heart of Douglas, Georgia, offering strong in-place cash flow with additional upside potential. The portfolio includes a 5BR/3BA home currently rented for $1,100/month and a 4BR/2BA home currently rented for $900/month, generating $24,000 in annual gross rental income. Market rents support approximately $1,250/month and $1,000/month, respectively, providing an opportunity for increased revenue through future lease renewals. Both homes have benefited from new metal roofs, feature central heating and air conditioning, and have undergone various interior and exterior updates. With little-to-no deferred maintenance, investors can step into immediate cash flow without the need for significant capital improvements. Located in the center of Douglas with convenient access to schools, employers, shopping, and major thoroughfares, these properties are well-positioned to benefit from continued demand for quality workforce housing. Whether purchased as a cash-flowing investment or as part of a larger portfolio strategy, these properties offer a compelling combination of stable income, recent improvements, and rental upside in one of South Georgia's most affordable and resilient housing markets. 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 #:153887
- Added:50 day(s) ago
- Updated:July 23, 2026 at 03:16 PM
Rooms and interior
- Living area:2,750 sq. ft.
Structure and exterior
- Roof:Metal
- Building area:2,750 sq. ft.
- Lot area:1.3 Acres
- Construction Materials:Vinyl Siding
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$219,000
- Price per sq. ft.:$79.64
- Tax amount:$797 (2025)
Parking
- Parking description:3+ Cars
- Garage spaces:3
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