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Two-Cottage Short-Term Rental Property

132/154 River Drive, Midway, GA 31320

For Sale
$699,000

Two distinct one-bedroom cottages operate as Airbnb rentals and share outdoor amenities with dock access.

Property SizeContact for details
Days on Market90

Property Features for 132/154 River Drive

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $4,000

Amenities

covered outdoor kitchen with gas grill
outdoor shower
fire pit
dock access

Building Details

Year Built 1995
Buildings 2
Listing Agency: RE/MAX Eagle Creek Realty
Listed By: Bubba Hunt · License GA #357206
Source: Robinlancerealty
Added: Aug 13 Changed: Nov 8 Last Checked: Nov 9 at 9:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Eagle Creek Realty

Rey
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Investment Insights

Based on property information with market context.

This short-term rental property comprises two separate cottages, each with one bedroom and one bathroom. The first cottage measures 448 square feet, while the second provides 624 square feet. Built in 1995, the cottages have different interior styles: one has a vintage coastal look, and the other features Mediterranean-inspired finishes. Both currently operate as Airbnb rentals.

Shared outdoor features include a covered kitchen with a gas grill, an outdoor shower, a fire pit, and dock access. The property is located on Colonel's Island in Midway, Georgia.

Key Highlights

  • Two one‑bedroom, one‑bath cottages
  • Cottages measure 448 square feet and 624 square feet
  • Both cottages currently operate as Airbnb rentals

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 31320, GA

9,790
Population
4,631
Households
2.1
Avg Household Size
43
Median Age
20%
College-Educated
90%
High-School Grad
123.6 sq mi
ZIP Area
79
Density / Sq Mi
$68,958
Median Household Income
$36,785
Median Earnings
$1,077
Median Rent
$215,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Two distinct one-bedroom cottages operate as Airbnb rentals and share outdoor amenities with dock access.
Where is this short term rental property located?
The property is located at 132/154 River Drive Midway, GA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath cottages; Cottages measure 448 square feet and 624 square feet; Both cottages currently operate as Airbnb rentals
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