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

$219,000


Bed


Bath


2,750

Sq Ft


Multi-Family

Pending

Listed by

Caleb Ross

Canopy Realty Group

229-630-2400

Last updated:

August 8, 2026, 08:23 AM

MLS#

153887

Source:

GA VBR

About This Home

637 & 639 Ethel St #2

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.

Home Facts

Multi-Family

Subdivision & Development:

n/a

Price Summary

219,000

$79 per Sq. Ft.

MLS #:

153887

Last Updated:

August 8, 2026, 08:23 AM

Added:

1 month(s) ago


Rooms & Interior

Interior

Living Area:

2,750 Sq. Ft.


Structure

Structure

Building Area:

2,750 Sq. Ft.


Lot

Lot Size (Sq. Ft):

56,628


Finances & Disclosures

Finances

Price:

$219,000

Price per Sq. Ft:

$79 per Sq. Ft.

Source:GA VBR
IDX information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Humboldt Association of REALTORS® August 8, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. GA VBR Member Broker: Tom Call

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.