About This Home
This 5-bedroom, 3-bathroom residential multi family at 38 & 256 Villa St #2 in Douglas, GA is listed for $160,000 ($72 per sqft). the home offers 2,230 sqft of living space on a 1.22 acres lot.
Key Features
- 1.22 acre lot
Property Details
Amenities
This income-producing property features a 3BR/1BA single-family home and a 2BR/2BA mobile home located on Villa Street in Douglas, Georgia, offering investors immediate cash flow with additional upside through future rent growth. The 3BR/1BA home is currently rented for $650 per month, while the 2BR/2BA mobile home is leased for $750 per month.
Market comparables support rents of approximately $825 per month for each unit, providing a clear opportunity to increase revenue through rent optimization. The single-family home has benefited from a new metal roof, helping minimize future maintenance expenses and reducing near-term capital expenditure needs.
Conveniently located in Douglas, the property is well-positioned to benefit from continued demand for affordable workforce housing and easy access to local employers, schools, shopping, and amenities. With both units occupied, stable in-place income, recent capital improvements, and below-market rents, this property presents an attractive value-add opportunity for investors seeking dependable cash flow and long-term appreciation.
Tenant occupied. Please do not approach or disturb tenants. Interior showings will be permitted only after a property is under contract during the Due Diligence Period.
Monthly Cost Estimate
$856/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
38 & 256 Villa St #2
Douglas, GA 31533
Property Details
Construction
Cooling
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 38 & 256 Villa St is listed at $160,000 ($72/sqft). The estimated monthly payment is $856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 1.22 acre lot.
This property is listed by Caleb Ross and can be reached at 9044002069.



