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  • $380,000

    12621 Veterans Memorial Hwy, Douglasville, GA 30134

    8beds
    4baths
    --sqft
    Duplex, Residential Income
    Built in 1922
    -- sqft lot
    $413,200 Zestimate®
    $--/sqft
    $1,211 Estimated rent

    What's special

    Seize the chance to own a high-performing, income-generating duplex in the heart of Douglasville! This property features two expansive units, each offering 4 large bedrooms and 2 full bathrooms, for a combined total of 8 bedrooms and 4 bathrooms. With generous living spaces, high ceilings, well-appointed kitchens, and dedicated laundry rooms, this duplex delivers both comfort and functionality. Ideally located within walking distance of Downtown Douglasville, the property provides easy access to shopping, dining, and year-round entertainment at the newly developed atrium. This prime location makes it highly attractive to both tenants and owner-occupants. Both units are currently occupied by housing choice tenants, producing a guaranteed government-subsidized rental income of $4,200 per month. Investors can enjoy an above-average cash-on-cash return with existing rental rates, while owner-occupants can offset mortgage costs by living in one unit and renting out the other. Key features include separately metered utilities, ensuring streamlined management and higher net operating income. Whether you’re seeking a long-term rental opportunity or envision future use as a short-term rental, this oversized duplex promises strong cash flow potential and exceptional flexibility. This is a rare find in a growing, vibrant community. Don’t wait—contact us today about owning this incredible investment opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: March 02, 2025 at 10:52am

    Listing Provided by:

    Lionel Sterling Jr,

    Sterling Realty Partners, Inc.

    Bought with:

    Lionel Sterling Jr, 352265

    Sterling Realty Partners, Inc.

    Source: FMLS GA,MLS#: 7509541MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Features
    • Flooring: Hardwood
    • Windows: Double Pane Windows

    Property

    Parking
    • Parking features: Driveway, Parking Lot, Paved
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: No Dock
    • Fencing: None
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 0.34 Acres
    • Features: Other
    Details
    • Parcel number: 0193025C012
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Residential Income
    Materials
    • Wood Siding
    • Roof: Other
    Condition
    • Resale
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
    Green energy
    • Energy efficient items: Appliances, HVAC, Roof, Thermostat, Water Heater, Windows
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Community
    • Community features: Near Shopping, Restaurant, Sidewalks, Street Lights, Other
    Location
    • Region: Douglasville
    • Subdivision: None

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $413,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $413,200