Milledgeville, GA Residential Income Properties for Sale

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$850,000

5,666 SF

Multifamily Portfolio with Seven Units

108 Lata Terrace, Milledgeville, GA 31061

Seven-unit residential portfolio across five buildings, fully leased, with a 2025 renovation covering interiors and exteriors.

7 rental units across five buildings on a single parcel
Unit mix: two duplexes (each with two 2BR/1BA units) plus three single‑family homes (two 2BR/1BA, one 3BR/1BA)
Fully leased portfolio with long‑term leases extending into 2027
Comprehensive renovation program completed in 2025 with updated kitchens and bathrooms, new appliances, modern flooring, fresh interior finishes, and extensive exterior upgrades
Porch and deck, plus deck and porch exterior features

Updated: Jun 10

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Downtown Milledgeville Versatile Commercial Gem

$395,000

2,888 SF

Downtown Milledgeville Versatile Commercial Gem

121 E Baldwin Street, Milledgeville, GA 31061

Remodeled 2,888 sq ft property near Georgia Military College.

Prime downtown location: One block from Georgia Military College and walkable to downtown Milledgeville shops, dining, and entertainment.
Versatile property: Suitable for residential living, investment rental (college or apartment), or operating a business.
Income‑producing potential: Includes an upstairs apartment for rental income and a proven track record as a successful bakery.
Fully remodeled 2,888 sq ft space: Offers a comfortable living area with flexible layout and expansion potential.
Basement ready for build‑out: Ample space to be finished into additional living areas, bedrooms, or flex space.

Updated: Apr 9

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$349,900

1,656 SF

Two Duplex Income Property

Two identical duplex buildings with open-concept interiors and multiple units currently occupied.

2313 NE LAURA COURT, Milledgeville, GA 31061

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Milledgeville Multifamily Property For Sale

$299,000

2,431 SF

Milledgeville Multifamily Property For Sale

Multifamily property near campus and downtown Milledgeville, Georgia.

601 N Wayne St, Milledgeville, GA 31061

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$215,000

2,246 SF

Renovated Duplex in Furman Estates

Recently renovated duplex with strong rental history, ideal for investors.

101 Lilac Court, Milledgeville, GA 31061

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$395,000

2,888 SF

Remodeled Mixed-Use Property Near GMC

Versatile 2,888 sq ft property near Georgia Military College.

121 E Baldwin Street, Milledgeville, GA 31061

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$250,000

2,073 SF

Two-Unit Duplex with Rental Income

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

803 Wright Street, Milledgeville, GA 31061

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$3,250,000

10,069 SF

Renovated Mixed-Use Student Housing

Fully renovated, 100% occupied mixed-use property near Georgia College.

127 S Wayne St, Milledgeville, GA 31061

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Milledgeville Multifamily Investment Opportunity

$775,000

1,249 SF

Milledgeville Multifamily Investment Opportunity

Apartment complex with additional house near Georgia College.

450 W Franklin St, Milledgeville, GA 31061

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$8,800,000

49-Unit Multifamily Property

Multifamily property featuring 49 units.

125 Cox Cir, Milledgeville, GA 31061

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Contact for pricing

46,893 SF

Milledgeville Multifamily Property for Sale

Multifamily property in Milledgeville, GA, with 46,893 square feet.

311 E McIntosh Street, Milledgeville, GA 31061

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Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 11 Active listings in Milledgeville, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$409,000

1,969 SF

Townhome with Private Patio

3BR/3BA townhome in Hopeton Village with vaulted living room, fireplace, and private patio.

118 EDGEWOOD COURT, Eatonton, GA 31024

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Mixed-Use Investment Opportunity in Irwinton

$649,000

0.50 Acres

Mixed-Use Investment Opportunity in Irwinton

Three parcels with income-producing buildings and land in Irwinton, Georgia.

103 E Main Street, Irwinton, GA 31042

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$649,000

0.50 Acres

Mixed-Use Investment Opportunity in Irwinton

Three parcels with income-producing buildings and land for sale.

103 E Main Street, Irwinton, GA 31042

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Lakefront Residential Land with Improvements

$650,000

4.80 Acres

Lakefront Residential Land with Improvements

Nearly five contiguous acres with an existing home, septic, well, and docked boating access.

618 S Steel Bridge Road, Eatonton, GA 31024

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Lakefront Residential Land with Shoreline

$299,000

1.08 Acres

Lakefront Residential Land with Shoreline

Residential lakefront lot with 134 feet of shoreline and eligibility for a double-stall boathouse.

SERENITY POINT lot: 3, Milledgeville, GA 31061

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$299,000

1.12 Acres

Lakefront Residential Development Lot

Lake Sinclair waterfront lot with extensive shoreline and eligibility for a double-stall boathouse under residential guidelines.

SERENITY POINT lot: 4, Milledgeville, GA 31061

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$134,000

1.02 Acres

Lake Sinclair Lot with Amenities

Gated community lot with lake views and amenities.

302 Wind Rock Ridge, Milledgeville, GA 31061

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Residential Lot in Established Neighborhood

Contact for pricing

0.30 Acres

Residential Lot in Established Neighborhood

Residential lot suitable for single-family build in Milledgeville, GA.

114 Coombs Avenue SE, Milledgeville, GA 31061

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Off-Market Properties in Milledgeville, GA

Consider similar Off-Market properties in Milledgeville, GA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Land

Lot: 4.44 Acres

Value Estimation by Request

Pettigrew Rd

0 Pettigrew Rd, Milledgeville, GA 31061

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Multifamily properties

1,500 SF Lot: 1.00 Acre

Value Estimation by Request

151 Cicada Dr, Milledgeville, GA 31061

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Multifamily properties

75,017 SF

Value Estimation by Request

107 Pa Johns Rd, Milledgeville, GA 31061

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Multifamily properties

Value Estimation by Request

1941 Karen Cir, Milledgeville, GA 31061

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Land

Lot: 22.00 Acres

Value Estimation by Request

68 Ga-22, Milledgeville, GA 31061

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Land

Lot: 161.00 Acres

Value Estimation by Request

2000 Jefferson St, Milledgeville, GA 31061

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Milledgeville, GA Residential Income Properties Market Trends and Statistics

Explore 17 residential income properties for sale in Milledgeville, GA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 23,427 square feet of properties for sale, with an estimated market value of $5,678,900.

Sale prices for residential income properties in Milledgeville, GA start at $215,000, averaging $811,271, and reaching up to $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 41K

Population Growth (5Y) -5.9%

Median Household Income $55,371

College Educated 12.5%

High-Yield Neighborhoods for Investment

Identify Milledgeville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
31061	$1.8M

Taxes & Financing

Tax Rate (average for all types) 3.12%

Property Tax per SF $59.67 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Baldwin County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Milledgeville fall within the 100,000+ square foot range.

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