Property photo 1
Property photo 2
5 Beds
3 Baths
2,230 sqft

$160,000

38 & 256 Villa St # 2, Douglas GA, 31533

Price per sqft$71.75
Property size2,230 sqft
Property typeMulti-family

Overview

Active

Listed Jun 3, 2026

Updated Jul 16

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.

$1,064/mo

Est. mortgage payment based on a $160,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
153901

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.22 Acres

Other Property Details

Taxes
$419
Tax Frequency
Annually
55+/Senior Community
No

Listed by Caleb Ross with Canopy Realty Group
Listing Contact: 904-400-2069 
Based on information from Valdosta Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Rachelle Anderson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 
©2026 Valdosta Board of REALTORS®. All rights reserved.
Data last updated 7/16/2026

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