Milledgeville, GA Residential Income Properties for Sale

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Updated: Jun 10

Small Multifamily Portfolio with Renovated Units

108 Lata Terrace, Milledgeville, GA 31061

$850,000

5,666 sqft 1.43 AC lot

Seven rental units across five buildings on a single parcel
Two duplexes plus three single‑family homes; unit mix includes 2BR/1BA and one 3BR/1BA
2025 comprehensive renovation included updated kitchens and bathrooms, new appliances, and exterior upgrades
Fully leased with a significant portion secured through long‑term leases extending into 2027
Address recognized as 110 Lata Terrace in tax records and 108 Lata Terrace by USPS; described as administrative

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Updated: Jun 25

Duplex with Tenants in Place

2317 LAURA COURT, Milledgeville, GA 31061

$179,000

1,656 sqft 0.24 AC lot

Both units rented with tenants in place over one year
0.24‑acre lot
1,656 SF duplex built in 1996
Open‑concept living room into kitchen
No‑carpet interior with LVP installed about one year ago

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Ranch Duplexes with Patio

2313 NE LAURA COURT, Milledgeville, GA 31061

$349,900

1,656 sqft 0.25 AC lot

Two identical ranch duplex buildings with patio, central heat, and LVP flooring.

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Two-Unit Duplex with Rental Income

803 Wright Street, Milledgeville, GA 31061

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2,073 sqft

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

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Remodeled Downtown Duplex

121 E Baldwin Street, Milledgeville, GA 31061

$395,000

2,888 sqft

Two-level residential income property with a separate apartment and unfinished basement space near Georgia Military College.

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Brick Duplex with Central HVAC

101 Lilac Court, Milledgeville, GA 31061

$189,000

2,246 sqft 0.40 AC lot

Duplex with two 3-bedroom, 1-bath units, central heat and central air, and single attached carport parking.

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Renovated Mixed-Use Student Housing

127 S Wayne St, Milledgeville, GA 31061

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10,069 sqft

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

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Milledgeville Multifamily Investment Opportunity

450 W Franklin St, Milledgeville, GA 31061

$775,000

1,249 sqft

Apartment complex with additional house near Georgia College.

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49-Unit Multifamily Property

125 Cox Cir, Milledgeville, GA 31061

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Multifamily property featuring 49 units.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 9 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.

Lakefront Campground Lots

333 Venture Trl, Sparta, GA 31087

$189,000

1,200 sqft 1.00 AC lot

Two half-acre fee simple lots with a 30x40 metal building and two power and two sewer hookups.

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Multifamily Apartment Building with Multiple Parcels

103 E Main Street, Irwinton, GA 31042

$649,000

0.50 AC lot

Three parcels in Irwinton include renovated apartment units plus mixed-use space and vacant development land.

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Mixed-Use Property with Motel Units

103 E Main Street, Irwinton, GA 31042

$649,000

0.50 AC lot

Three Irwinton parcels combine renovated apartments, studio lodging, commercial suites, and additional land for future development.

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Highway 22 Commercial Opportunity

5176 GA-22, Sparta, GA 31087

Contact for pricing

4,920 sqft 8.50 AC lot

Multi-building commercial property with income potential on 8.5 acres.

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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

SERENITY POINT lot: 3, Milledgeville, GA 31061

$299,000

1.08 AC lot

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

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Lakefront Residential Development Lot

SERENITY POINT lot: 4, Milledgeville, GA 31061

$299,000

1.12 AC lot

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

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Lake Sinclair Lot with Amenities

302 Wind Rock Ridge, Milledgeville, GA 31061

$124,999

1.02 AC lot

Gated community lot with lake views and amenities.

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Milledgeville Land with Commercial Approval

921 N Jefferson Street, Milledgeville, GA 31061

$100,000

0.68 AC lot

Two residential lots totaling 0.68 acres with commercial approval.

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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

0 Pettigrew Rd, Milledgeville, GA 31061

Value Estimation by Request

4.44 AC lot

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Multifamily properties

151 Cicada Dr, Milledgeville, GA 31061

Value Estimation by Request

1,500 sqft 1.00 AC lot

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Multifamily properties

107 Pa Johns Rd, Milledgeville, GA 31061

Value Estimation by Request

75,017 sqft

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Multifamily properties

1941 Karen Cir, Milledgeville, GA 31061

Value Estimation by Request

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Land

68 Ga-22, Milledgeville, GA 31061

Value Estimation by Request

22.00 AC lot

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Land

2000 Jefferson St, Milledgeville, GA 31061

Value Estimation by Request

161.00 AC lot

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Milledgeville, GA Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in Milledgeville, GA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 27,503 square feet of properties for sale, with an estimated market value of $2,737,900.

Sale prices for residential income properties in Milledgeville, GA start at $179,000, averaging $456,316, and reaching up to $850,000 — 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	$456.3K

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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