$40,000
$80,000
50.0%For more information regarding the value of a property, please contact us for a free consultation.
405 E Davis ST Quitman, GA 31643
0.5 Acres Lot
Key Details
Sold Price $40,000
Property Type Multi-Family
Sub Type Multi Family,Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10808846
Sold Date 10/05/26
HOA Y/N No
Year Built 1945
Annual Tax Amount $1,028
Tax Year 25
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 21780
Property Sub-Type Multi Family,Duplex
Source Georgia MLS 2
Property Description
Investor opportunity! This fully occupied duplex offers immediate cash flow with strong income potential. Each unit features 2 bedrooms and 1 bathroom and has been renovated within the past year, providing updated interiors that appeal to both current and future tenants. The property currently generates **$1,500 per month in gross rental income** ($750 per unit), meeting the **1% rule** often referenced by real estate investors. Both tenants are on **month-to-month leases** and have expressed a desire to remain, offering flexibility for investors seeking immediate rental income while maintaining future options. Showings will be made available once the property is under contract to minimize disruption to the tenants. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this duplex is an excellent opportunity.
Location
State GA
County Brooks
Rooms
Bedroom Description No
Basement None
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Parking Pad
Community Features None
Utilities Available Electricity Individual Meters, Sewer Connected, Water Individual Meters
View Y/N No
Garage No
Private Pool No
Building
Faces From US-84, L Washington St, R Davis St
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Concrete
New Construction No
Schools
Elementary Schools Quitman
Middle Schools Brooks
High Schools Brooks
Others
HOA Fee Include None
Tax ID Q27 0136
Special Listing Condition Resale
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