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Historic Duplex with Leased Units
For Sale
$129,900

138 Comer Terrace, Macon, GA 31204

Residential Income, Macon, GA

Property SizeContact for details
Lot Size0.11 Acres
Days on Market32

Property Features for 138 Comer Terrace

General Information

Property type Residential Multi Family
Property subtype Duplex
Fireplace 1
Subdivision Payne Mill
Middle school Robert E Howard
High school Howard
Directions From Atlanta, take I-75 South to Exit 164 (Forsyth Rd). Continue south toward downtown Macon, then take Riverside Drive to Vineville Avenue. Turn onto Pio Nono Avenue, then onto Comer Terrace. Property will be on the right.
Standard status Active
APN N0720082
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 474

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Amenities

covered front porch
high ceilings
abundant natural light
historic character

Building Details

Year built 1923
Floors in Building 1
Number of units 2
Building materials Wood Siding
Listing Agency: HomeSmart
Listed By: Caryn Liss
Added: Jul 24 Changed: Aug 19 Last Checked: Aug 24 at 12:06PM
MLS# 10812108

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This historic duplex has been fully renovated and includes two separate one-bedroom, one-bath units. Both units are currently leased on one-year leases, providing in-place rental income. Updates include a new roof, new water heaters, updated electrical and plumbing, fresh interior and exterior paint, new appliances, refinished hardwood floors, and renovated kitchens and baths with tiled finishes and granite countertops.

The property is separately metered with individual electric and water meters for each unit. A covered front porch, high ceilings, and abundant natural light are additional features that maintain the property’s historic character.

The duplex is offered as a turnkey rental property with low-maintenance improvements and two independently metered residences designed for separate tenant utility responsibility.

Key Highlights

  • Historic duplex built in 1923 with wood siding and decorative fireplaces
  • 2 units, each with 1 bed and 1 bath; both currently leased on one‑year leases
  • Current rental income totals $1,300/month ($650 per unit)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Real Estate Agency Cafe & Coffee Shop Pharmacy (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby

Demographics for 31204, GA

30,512
Population
15,578
Households
2
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
14.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$38,478
Median Household Income
$32,586
Median Earnings
$917
Median Rent
$123,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully renovated duplex with two leased one-bedroom, one-bath units and separate electric and water meters.
Where is this duplex located?
The property is located at 138 Comer Terrace Macon, GA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Historic duplex built in 1923 with wood siding and decorative fireplaces; 2 units, each with 1 bed and 1 bath; both currently leased on one‑year leases; Current rental income totals $1,300/month ($650 per unit)
More about this property
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