Bite-sized investment opportunity to buy two single-family rental homes in small but mighty town of Adel / Cook County GA. 309 Wayne Street E is a 3 bedroom / 1 bath home rented to a long term tenant at $850/month. 729 Seventh Street W is also a 3 bedroom / 1 bathroom currently being turned and will be rent-ready by 05/01/2025 advertised as available for $795/month. Priced at only $75/sq ft at an 8.5% capitalization rate with 35% operating expense factor!!! This 2 home package is part of a larger portfolio of 15 similar single family homes and can be bought alone or with combinations of other packages broken out of the 15 total homes listed FOR SALE. See MLS #s 144577, 144580, & 144582 for smaller packages.
For sale
$150,953
Wayne Seventh #2, Adel, GA 31620
6beds
2baths
1,992sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$76/sqft
$-- HOA
What's special
- 100 days
- on Zillow |
- 282 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 07:05am
Listed by:
Coldwell Banker Premier Real E
Source: South Georgia MLS,MLS#: 144575

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
Features
- Other
Interior area
- Total structure area: 1,992
- Total interior livable area: 1,992 sqft
Property
Parking
- Total spaces: 3
- Parking features: 3+ Cars, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Other
- Pool features: None
- Frontage type: None
Lot
- Size: 0.46 Acres
Details
- Parcel number: multi
- Zoning: Residntl
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Utilities & green energy
- Electric: City Of Adel
- Sewer: Public Sewer
- Water: Public, City Of Adel
Community & HOA
Community
- Subdivision: Adel
Location
- Region: Adel
Financial & listing details
- Price per square foot: $76/sqft
- Annual tax amount: $1,300
- Date on market: 4/17/2025
- Total actual rent: 1645
- Road surface type: Paved
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