637 & St Unit 2 Douglas, GA 31533
Estimated payment $1,229/month
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
About This Home
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.
Listing Agent
Canopy Realty Group Brokerage Email: 2296302400, rcmcghin@gmail.com License #433083 Listed on: 06/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $797
Parking
- 3 Parking Spaces
Home Design
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,750 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Additional Features
- 1.3 Acre Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number D021 139, D021 140
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2026 06/02/26 | For Sale | $219,000 | -- | $80 / Sq Ft |
Source: South Georgia MLS
MLS Number: 153887
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Ask me questions while you tour the home.