Turnkey Two-Home Rental
637 & 639 Ethel St, Douglas, GA 31533
New
MULTI_FAMILY - Douglas, GA
Property size:
2,750 SFLot size:
1.30 AcresPrice / SF:
$79/SF- Added:
- Jun 2, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 3 at 12:06 am
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 9, Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 7, Bedroom 5, Bedroom 8, Bathroom 1
- Standard status
- Active
- 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 2, 2026
MLS# 153887
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
- Two adjacent single‑family rental homes in Douglas, GA
- 5BR/3BA home rented for $1,100/month; 4BR/2BA home rented for $900/month
- Combined annual gross rental income of $24,000 (current rents)
- Both homes have central heating and central air conditioning and public water and public sewer
- Both homes feature metal roofs and vinyl siding
- Interior and exterior updates include new metal roofs and various upgrades
Overview
This turnkey investment includes two adjacent single-family rental homes designed for immediate cash flow. The first property is a 5BR/3BA home currently rented at $1,100 per month, and the second is a 4BR/2BA home currently rented at $900 per month. Together, they generate $24,000 in annual gross rental income based on current in-place rents, with support for increased revenue through future lease renewals. Both homes have benefited from new metal roofs and feature central heating and air conditioning, along with various interior and exterior updates intended to keep deferred maintenance to a minimum.
Located in the center of Douglas, the homes offer convenient access to schools, employers, shopping, and major thoroughfares. The portfolio sits on approximately 1.3 acres, providing a straightforward, ready-to-operate arrangement for an investor seeking workforce housing demand in South Georgia.
This is a practical fit for buyers looking to purchase rental housing with recent improvements already in place. The combination of in-place income, HVAC, newer roofing, and the stated alignment with market rent levels supports an opportunity to grow returns over time while keeping day-one capital needs comparatively limited.
Located in the center of Douglas, the homes offer convenient access to schools, employers, shopping, and major thoroughfares. The portfolio sits on approximately 1.3 acres, providing a straightforward, ready-to-operate arrangement for an investor seeking workforce housing demand in South Georgia.
This is a practical fit for buyers looking to purchase rental housing with recent improvements already in place. The combination of in-place income, HVAC, newer roofing, and the stated alignment with market rent levels supports an opportunity to grow returns over time while keeping day-one capital needs comparatively limited.
Property Profile
Location Intelligence
Current Use by Public Records
Dripping design
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Douglas
- County
- Coffee
- State
- Georgia
- Longitude
- -82.8411585
- Latitude
- 31.5073651
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Two adjacent single-family rentals with newer metal roofs and central heating and air, positioned for stable income and rent upside.
Where is this single family property located?
The property is located at 637 & 639 Ethel St Douglas, GA.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Two adjacent single‑family rental homes in Douglas, GA; 5BR/3BA home rented for $1,100/month; 4BR/2BA home rented for $900/month; Combined annual gross rental income of $24,000 (current rents)
