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    Single-Family and Mobile Home Rental Title is generated by Realmo AI

    38 & 256 Villa St, Douglas, GA 31533

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    New
    For Sale
    $160,000

    MULTI_FAMILY - Douglas, GA

    Property size:
    2,230 SF
    Lot size:
    1.22 Acres
    Price / SF:
    $71/SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 12:06 pm

    Property Features for 38 & 256 Villa St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 2
    Standard status
    Active
    APN
    0116A 080, 0131A 053
    Size
    2,230 SF
    Lot size
    1.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    V/L 1 BLK 30 MAPLE, H/L PT 13 BLK17 OAK 38 VILLA S
    Tax Annual Amount
    419

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Building materials
    Brick Veneer, Metal Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Caleb Ross
    Caleb Ross

    Listing agent Caleb Ross License #433083

    Listing office Canopy Realty Group 2904 N Oak St, Valdosta, GA

    Listing date Jun 3, 2026

    MLS# 153901 Listing URL

    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.

    HighLights

    • Income‑producing property in Douglas, GA with a tenant‑occupied 3BR/1BA home and a vacant 2BR/2BA mobile home ready for a new tenant
    • 3BR/1BA single‑family home currently rented for $650/month
    • 2BR/2BA mobile home is vacant and ready for occupancy
    • Metal roof on the single‑family home
    • Utilities: central air cooling, public water, and public sewer
    • Construction materials include brick veneer and metal siding; roof is metal

    Overview

    The property consists of a 3BR/1BA single-family home and a 2BR/2BA mobile home on the same lot. The single-family home is tenant occupied and the mobile home is currently vacant and ready for a new tenant. According to the listing, the single-family home has a new metal roof, which may help reduce near-term exterior maintenance. Overall, the setup provides two separate rental units with different bedroom counts and bathroom configurations.

    The asset is located at 38 & 256 Villa St in Douglas, Georgia (31533), on a 1.22-acre parcel. The listing notes that interior showings are restricted and should only occur when under contract, with tenants not to be approached or disturbed.

    For investors or owner-occupants seeking a small rental portfolio, the property provides one unit generating current rent while the second unit can be marketed for lease. The listing states the 3BR/1BA home is rented for $650 per month and that market comparables indicate approximately $825 per month for each unit. With one occupied unit and one unit ready for occupancy, the property can support a straightforward leasing workflow once a new tenant is secured for the vacant mobile home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Building Supply Auto Repair Shop Auto Parts Store Kitchen & Bath Showroom Bar & Pub Department Store Grocery & Convenience Store Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Douglas
    County
    Coffee
    State
    Georgia
    Longitude
    -82.8201887
    Latitude
    31.5211551

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    FAQs

    What type of property is this?
    Single family property - Rental property with one occupied 3BR home and one vacant 2BR mobile home, offering an immediate occupancy plan.
    Where is this single family property located?
    The property is located at 38 & 256 Villa St Douglas, GA.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: Income‑producing property in Douglas, GA with a tenant‑occupied 3BR/1BA home and a vacant 2BR/2BA mobile home ready for a new tenant; 3BR/1BA single‑family home currently rented for $650/month; 2BR/2BA mobile home is vacant and ready for occupancy
    (904) 400-2069
    We can help!
    Listing Contact
    Caleb Ross
    Caleb Ross
    Real Estate License ID: 433083
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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