# 4261 GA-32 #5, Douglas, GA 31533 > **TL;DR:** 5bd/4ba residential multi family, $360,750 ($88/sqft), 4,118 sqft. > Fireplace, A/C. Est. $1,929/mo. Listed 130 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $360,750 | | Price/sqft | $88 | | Bedrooms | 5 | | Bathrooms | 4 full | | Square Feet | 4,118 | | Lot Size | 35,284 sqft (0.81 acres) | | Stories | 1 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 130 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,824 | | Estimated Insurance | $105 | | **Total** | **$1,929** | ## Key Amenities - Fireplace - A/C ## Property Highlights - 0.81 acre lot - Fireplace ## Description ### Agent Description Located just off Highway 32 in Douglas, Georgia, this multifamily investment opportunity consists of one duplex and one triplex situated on a single parcel, offering investors an efficient, easy-to-manage asset with immediate upside potential, currently bringing in $38,016 in annual income. The property features five total units, including three (3) 1BR/1BA units in the triplex and two (2) 2BR/1BA units in the duplex. Current rents average approximately $635 per month, while market comparables support rents of approximately $740 per month, providing a clear path to increased cash flow through strategic rent adjustments. Recent improvements include a new metal roof on the duplex, helping minimize near-term capital expenditures. The property also offers ample private parking, an attractive amenity for tenants that enhances convenience and retention. Operational efficiency is supported by a private well and septic system, reducing utility expenses and dependence on municipal services. Tenants are individually metered for electricity and pay the utility provider directly, while reimbursing ownership through a flat monthly water fee, helping offset operating costs. Douglas continues to benefit from strong demand for affordable workforce housing, driven by a stable employment base and limited housing inventory. With below-market rents, low-maintenance infrastructure, and recent capital improvements already in place, this asset presents an excellent opportunity for investors seeking a combination of stable income, operational efficiency, and value-add potential. Tenant Occupied, do not approach or disturb tenants. Interior showings allowed only when under contract during DDP. ## Location - **Address:** 4261 GA-32 #5, Douglas, GA 31533 - **Coordinates:** 31.5250173, -82.9023129 - **Google Maps:** https://www.google.com/maps?q=31.5250173,-82.9023129 ## Virtual Tour & Media - **Video Tour:** tour.usamls.net/4261-Ga32-Douglas-GA-31533/unbranded ## Listing Agent - **Name:** Caleb Ross - **Brokerage:** Canopy Realty Group - **Phone:** 9044002069 - **Broker Phone:** (229) 630-2400 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/4261-GA-32-Unit-5_Douglas_GA_31533_M95060-56466?f=listhub&s=VMLSGA&m=153874&c=propsimple) ## Photos ![4261 GA-32 #5 - Photo 1](http://lh.rdcpix.com/405fbbf3e3670a622c93caf66fe7bc25l-f176713902r.jpg) ![4261 GA-32 #5 - Photo 2](http://lh.rdcpix.com/405fbbf3e3670a622c93caf66fe7bc25l-f2218554763r.jpg) ![4261 GA-32 #5 - Photo 3](http://lh.rdcpix.com/405fbbf3e3670a622c93caf66fe7bc25l-f4162695126r.jpg) --- **MLS#:** 153874 | **Updated:** 2026-10-09 **Source:** listhub *Copyright © 2026 South Georgia MLS (Valdosta). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/4261-ga-32-douglas-ga-31533-a153874) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/4261-ga-32-douglas-ga-31533-a153874#listing", "url": "https://www.propertysimple.ai/listing/4261-ga-32-douglas-ga-31533-a153874", "name": "4261 GA-32 #5, Douglas, GA 31533", "description": "Located just off Highway 32 in Douglas, Georgia, this multifamily investment opportunity consists of one duplex and one triplex situated on a single parcel, offering investors an efficient, easy-to-manage asset with immediate upside potential, currently bringing in $38,016 in annual income. The property features five total units, including three (3) 1BR/1BA units in the triplex and two (2) 2BR/1BA units in the duplex. Current rents average approximately $635 per month, while market comparables support rents of approximately $740 per month, providing a clear path to increased cash flow through strategic rent adjustments. Recent improvements include a new metal roof on the duplex, helping minimize near-term capital expenditures. The property also offers ample private parking, an attractive amenity for tenants that enhances convenience and retention. Operational efficiency is supported by a private well and septic system, reducing utility expenses and dependence on municipal services. Tenants are individually metered for electricity and pay the utility provider directly, while reimbursing ownership through a flat monthly water fee, helping offset operating costs. Douglas continues to benefit from strong demand for affordable workforce housing, driven by a stable employment base and limited housing inventory. With below-market rents, low-maintenance infrastructure, and recent capital improvements already in place, this asset presents an excellent opportunity for investors seeking a combination of stable income, operational efficiency, and value-add potential. Tenant Occupied, do not approach or disturb tenants. 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