Search
Milledgeville Multifamily Investment Opportunity
For Sale
$775,000
Pending

450 W Franklin St, Milledgeville, GA 31061

Apartment complex with additional house near Georgia College.

Property Size1,249 SF
Days on Market888

Property Features for 450 W Franklin St

General Information

Standard status Pending
Size 1,249 SF
Listing Agency: Lakeside Realty Company
Listed By: Greg Haley
Source: Exprealty
Added: Mar 28, 2024 Changed: Aug 20 Last Checked: Aug 30 at 9:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lakeside Realty Company

Investment Insights

Based on property information with market context.

This property features an apartment complex consisting of two buildings, each containing four apartments. Each apartment includes two bedrooms, one bathroom, a living room, and a kitchen, totaling eight apartments. Additionally, there is a separate house on the property with three bedrooms, one bathroom, and a two-car garage. The property is located in a high-demand area of Milledgeville, Georgia, across the street from Georgia College Centennial Center. The property size is 1249 square feet. This property presents a significant investment opportunity.

Key Highlights

  • High‑demand location in Milledgeville, GA
  • Proximity to Georgia College Centennial Center (across the street)
  • Investment opportunity with 8 apartments and a house

Property Analytics

Current Use

450 Franklin Apartments Residential College

Suggested Use

Top Pick HVAC Service Storage Facility Real Estate Agency Garden Center Big Box & Wholesale Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

652
Businesses Nearby

Demographics for 31061, GA

42,450
Population
19,323
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
272.9 sq mi
ZIP Area
156
Density / Sq Mi
$55,371
Median Household Income
$35,797
Median Earnings
$864
Median Rent
$167,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Apartment complex with additional house near Georgia College.
Where is this apartment building located?
The property is located at 450 W Franklin St Milledgeville, GA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: High‑demand location in Milledgeville, GA; Proximity to Georgia College Centennial Center (across the street); Investment opportunity with 8 apartments and a house
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message