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 25 similar single family homes listed together as MLS # 143376 and can be bought alone or with combinations of other packages broken out of the 25 total homes listed FOR SALE. See MLS #s 144574, 144577, 144579, 144580, 144581, & 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
$146,800 Zestimate®
$76/sqft
$-- HOA
What's special
- 8 days
- on Zillow |
- 191 |
- 11 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 09:08am
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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