Adjacent Rental Homes
637 & 639 Ethel St Douglas, GA 31533
637 & 639 Ethel St, Douglas, GA, 31533
$219,000
Pending
For Sale
$219,000
Pending
MULTI_FAMILY - Douglas, GA
Property Size2,750 SF
Lot Size1.30 Acres
Days on Market49
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 Agency
Canopy Realty Group
(229) 630-2400
2904 N Oak St, Valdosta, GA
Listed by
Caleb Ross · License #433083
(904) 400-2069
Added: Jun 3 Updated: Jul 12 at 2:34 am Checked: Jul 21 at 5:06 am
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.
Investment Insights
Based on property information with market context.
This turnkey for-sale package includes two adjacent single-family rental homes on the same property: one 5-bedroom, 3-bath residence and one 4-bedroom, 2-bath residence. Both homes are tenant occupied and equipped with central heating and air conditioning. Each has benefited from new metal roofs, along with various interior and exterior updates, and the current condition is described as having little-to-no deferred maintenance.
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.
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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dripping design
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Turnkey sale of two adjacent single-family rentals with central HVAC and newer metal roofs in Douglas, GA.
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: 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.
