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Two-Unit Duplex with Rental Income
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803 Wright Street, Milledgeville, GA 31061

Duplex configured for both long-term and destination rentals, with two 2-bedroom units and mixed LVP and hardwood floors.

Property Size2,073 SF
Price / SF$120.60
Days on Market58

Property Features for 803 Wright Street

General Information

Standard status Active
Size 2,073 SF
Property subtype Multifamily

Additional Details

Business Included Yes
Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1965
Tenancy Multi
Listing Agency: Fickling & Company
Listed By: Trip Wilhoit · License #265982
Source: Crexi
Added: Jun 9 Changed: Jul 10 Last Checked: Aug 5 at 7:00AM

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 Fickling & Company

Investment Insights

Based on property information with market context.

This 2,073 SF duplex is currently operated as a long-term rental home and a destination rental. The property has one electric meter and one water meter serving both units. The long-term lease unit is a 2 bedroom/1 bath layout, and the destination rental unit offers 2 bedrooms and 1.5 baths. Both spaces feature a combination of LVP and hardwood flooring.

The property is located in Renaissance Park (formerly Central State Hospital). It is described as convenient to the Fall Line Freeway, downtown Milledgeville, and Vinson Highway. The surrounding area includes Georgia Department of Veterans Affairs, the War Veterans Home, Georgia College and State University, Georgia Military College, and nearby retail such as Dairy Queen and McDonalds.

For buyers, this is a duplex that supports two different rental styles under one roof, with a clear split between the long-term and destination-unit floorplans. The long-term leased unit rents for $900/month and includes utilities. Detailed financials are available upon request through the listing agent, providing a starting point for underwriting and planning next steps.

Key Highlights

  • 2,073 SF duplex built in 1965 with one electric meter and one water meter
  • Long‑term rental unit: 2 bed / 1 bath; leased for $900/month and includes utilities
  • Destination rental unit: 2 bed / 1.5 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply Law Firm Auto Repair Shop Storage Facility Restaurant

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
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

107
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
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex configured for both long-term and destination rentals, with two 2-bedroom units and mixed LVP and hardwood floors.
Where is this duplex located?
The property is located at 803 Wright Street Milledgeville, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,073 SF duplex built in 1965 with one electric meter and one water meter; Long‑term rental unit: 2 bed / 1 bath; leased for $900/month and includes utilities; Destination rental unit: 2 bed / 1.5 bath
(478) 803-4120 Call to check price and availability
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