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Pending
  • $219,000

    637 & 639 Ethel St #2, Douglas, GA 31533

    9beds
    5baths
    2,750sqft
    : 
    $1,453/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $80/sqft
    $-- HOA

    What's special

    New metal roofs
    This turnkey investment opportunity features two adjacent single-family rental homes in the heart of Douglas, Georgia, offering strong in-place cash flow with additional upside potential. The portfolio includes a 5BR/3BA home currently rented for $1,100/month and a 4BR/2BA home currently rented for $900/month, generating $24,000 in annual gross rental income. Market rents support approximately $1,250/month and $1,000/month, respectively, providing an opportunity for increased revenue through future lease renewals. Both homes have benefited from new metal roofs, feature central heating and air conditioning, and have undergone various interior and exterior updates. With little-to-no deferred maintenance, investors can step into immediate cash flow without the need for significant capital improvements. Located in the center of Douglas with convenient access to schools, employers, shopping, and major thoroughfares, these properties are well-positioned to benefit from continued demand for quality workforce housing. Whether purchased as a cash-flowing investment or as part of a larger portfolio strategy, these properties offer a compelling combination of stable income, recent improvements, and rental upside in one of South Georgia's most affordable and resilient housing markets. Tenant Occupied, do not approach or disturb tenants. Interior showings allowed only when under contract during DDP.
    63 days
    |
    33
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Caleb Ross,

    Canopy Realty Group

    Source: South Georgia MLS,MLS#: 153887MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 5
      Heating
      • Central
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Other
      Features
      • Other
      Interior area
      • Total structure area: 2,750
      • Total interior livable area: 2,750 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: 3+ Cars
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other
      • Frontage type: None
      Lot
      • Size: 1.3 Acres
      Details
      • Parcel number: D021 139, D021 140
      • Zoning: R

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Metal

      Utilities & green energy

      • Electric: City
      • Sewer: Public Sewer
      • Water: Public, City

      Community & HOA

      Location
      • Region: Douglas

      Financial & listing details

      • Price per square foot: $80/sqft
      • Annual tax amount: $797
      • Date on market: 6/3/2026
      • Total actual rent: 2750
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,282/mo

        Price history

        DateEventPrice
        7/4/2026Pending sale$219,000$80/sqft
        Source: South Georgia MLS #153887 Report a problem
        6/3/2026Listed for sale$219,000$80/sqft
        Source: South Georgia MLS #153887 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 31533

        Getting around

        52 / 100
        Somewhat Walkable
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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