405 E Davis St Quitman, GA 31643
Quitman AreaEstimated payment $877/month
Highlights
- No HOA
- 1-Story Property
- Central Heating and Cooling System
About This Home
Investor opportunity! This fully occupied duplex offers immediate cash flow with strong income potential. Each unit features 2 bedrooms and 1 bathroom and has been renovated within the past year, providing updated interiors that appeal to both current and future tenants. The property currently generates **$1,500 per month in gross rental income** ($750 per unit), meeting the **1% rule** often referenced by real estate investors. Both tenants are on **month-to-month leases** and have expressed a desire to remain, offering flexibility for investors seeking immediate rental income while maintaining future options. Showings will be made available once the property is under contract to minimize disruption to the tenants. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this duplex is an excellent opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,028
Year Built
- Built in 1945
Parking
- Parking Pad
Home Design
- Duplex
- Concrete Siding
Schools
- Quitman Elementary School
- Brooks Middle School
- Brooks High School
Additional Features
- 1-Story Property
- 21,780 Sq Ft Lot
- Central Heating and Cooling System
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $18,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,032 | $31,520 | $3,360 | $28,160 |
| 2024 | $1,032 | $31,520 | $3,360 | $28,160 |
| 2023 | $970 | $29,640 | $3,360 | $26,280 |
| 2022 | $811 | $22,920 | $3,320 | $19,600 |
| 2021 | $729 | $20,240 | $3,320 | $16,920 |
| 2020 | $714 | $20,240 | $3,320 | $16,920 |
| 2019 | $613 | $20,120 | $4,480 | $15,640 |
| 2018 | $746 | $20,520 | $4,480 | $16,040 |
| 2017 | $613 | $19,840 | $4,720 | $15,120 |
| 2016 | $607 | $19,840 | $4,720 | $15,120 |
| 2015 | -- | $15,400 | $4,720 | $10,680 |
| 2014 | -- | $15,800 | $4,720 | $11,080 |
| 2013 | -- | $15,800 | $4,720 | $11,080 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | For Sale | $149,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $10,000 | -- | |
| Deed | $20,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $17,455 | New Conventional | |
| Previous Owner | $15,499 | New Conventional |
Source: Georgia MLS
MLS Number: 10808846
APN: Q27-0136
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Ask me questions while you tour the home.