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    Duplex and Triplex Income Property Title is generated by Realmo AI

    4261 GA-32, Douglas, GA 31533

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    Claim this Listing
    New
    For Sale
    $360,750

    MULTI_FAMILY - Douglas, GA

    Property size:
    4,118 SF
    Lot size:
    0.81 Acres
    Price / SF:
    $87/SF
    Added:
    Jun 2, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 5 at 11:06 am

    Property Features for 4261 GA-32

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3
    Interior features
    Insulated, Fireplace
    Fireplace
    1
    Standard status
    Active
    APN
    0079 072
    Size
    4,118 SF
    Lot size
    0.81 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    H/LL 99 6 LD .81 ACRES
    Tax Annual Amount
    1167

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Electric, Central Air
    Water source
    Well

    Building Details

    Floors in Building
    1
    Building materials
    Vinyl Siding
    Roof type
    Metal, Shingle

    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 2, 2026

    MLS# 153874 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

    • Multifamily on one parcel with 1 duplex and 1 triplex totaling 5 units: three 1BR/1BA units and two 2BR/1BA units
    • Currently generating $38,016 in annual income; rents average about $635/month with market comps around $740/month
    • Recent improvement: new metal roof on the duplex
    • Private well and septic tank help support operational efficiency and reduce dependence on municipal services
    • Tenants are individually metered for electricity and pay the utility provider directly, plus they reimburse ownership via a flat monthly water fee
    • Central heating and central air; insulated interior; fireplace present; vinyl siding; metal and shingle roofing

    Overview

    This for-sale income property includes one duplex and one triplex on a single parcel, totaling five residential units. The triplex offers three 1BR/1BA units, while the duplex contains two 2BR/1BA units. Tenants are individually metered for electricity. Water service is handled through a flat monthly water fee paid by tenants to help offset ownership water expenses. Operationally, the property is supported by a private well and septic system, which reduces reliance on municipal utilities.

    The buildings are located just off Highway 32 in Douglas, Georgia. Zoning is listed as R. The site includes ample private parking, providing a practical day-to-day convenience for tenants.

    For buyers seeking a manageable small multifamily mix, the property offers a compact unit count with an even blend of 1-bedroom and 2-bedroom layouts. A recent improvement includes a new metal roof on the duplex. With tenant-paid electricity and structured water reimbursement, operating expenses are controlled through established utility handling, and the current configuration supports straightforward leasing and ongoing management. Tenant occupied; interior showings are allowed only when under contract via DDP, and tenants should not be approached or disturbed.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Douglas
    County
    Coffee
    State
    Georgia
    Longitude
    -82.9023129
    Latitude
    31.5250173

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    FAQs

    What type of property is this?
    Duplex - Five-unit duplex and triplex with private parking, duplex metal roof, and utilities handled via well, septic, and tenant metering.
    Where is this duplex located?
    The property is located at 4261 GA-32 Douglas, GA.
    What is the asking price?
    The asking price for this property is $360,750.
    What are key features of this property?
    This property features: Multifamily on one parcel with 1 duplex and 1 triplex totaling 5 units: three 1BR/1BA units and two 2BR/1BA units; Currently generating $38,016 in annual income; rents average about $635/month with market comps around $740/month; Recent improvement: new metal roof on the duplex
    (904) 400-2069
    We can help!
    Listing Contact
    Caleb Ross
    Caleb Ross
    Real Estate License ID: 433083
    Learn More
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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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