637 & 639 Ethel St Douglas, GA 31533
MULTI_FAMILY - Douglas, GA
Property Features for 637 & 639 Ethel St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 7, Bedroom 9, Bathroom 4, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 5, Bedroom 5, Bedroom 8, Bathroom 2, Bathroom 3
- Standard status
- Pending
- APN
- D021 139, D021 140
- Size
- 2,750 SF
- Lot size
- 1.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- H/L 18 19 20 + PT 1, H/L 16 PT17 BLK139
- Tax Annual Amount
- 797
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Floors in Building
- 1
- Building materials
- Vinyl Siding
- Roof type
- Metal
Listing agent Caleb Ross License #433083 (904) 400-2069
Listing office Canopy Realty Group 2904 N Oak St, Valdosta, GA (229) 630-2400
Listing date Jun 3, 2026
Copyright © 2026 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The properties are located in the center of Douglas, Georgia, with convenient access to schools, employers, shopping, and major thoroughfares. The listing is positioned as a workforce-housing option within an established residential area.
Current leases are in place with reported monthly rents of $1,100 for the 5BR/3BA home and $900 for the 4BR/2BA home, totaling $24,000 in annual gross rental income. The remarks also note that market rents support approximately $1,250 and $1,000, respectively, which could create room for increased revenue at future lease renewals. Suitable for investors seeking immediate in-place income from two adjacent homes, with limited near-term capital needs based on the described recent improvements. Tenant occupied—do not approach or disturb tenants. Interior showings allowed only when under contract during DDP.
Key Highlights
- Portfolio of 2 adjacent single‑family rental homes in Douglas, GA (tenant occupied; do not approach or disturb tenants).
- One home is 5BR/3BA rented for $1,100/month; the other is 4BR/2BA rented for $900/month.
- Current annual gross rental income totals $24,000; market rents cited as about $1,250/month and $1,000/month.
