New

$850,000

For Sale

3 days ago

108 Lata Terrace, Milledgeville, GA

Name: 108 Lata Terrace, For Sale in Milledgeville - eXp Realty
Brand: Grayson Realty
SKU: CL357906
Price: 850000 USD

House

MLS® CL357906

15 Bed

7 Bath

5666 sqft

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 5666 sqft

Garage Yes

Taxes

Days Active 2

Lot Size 1.434 Acres

Approx. Age 1960

Avg. Price Per Sqft $150

MLS® Number CL357906

Property Address: 108 Lata Terrace, milledgeville, GA, 31061

Average square foot calculated using Size range provided by listing agent.

Description

Discover an exceptional income-producing investment opportunity at 108 Lata Terrace in Milledgeville, Georgia. This thoughtfully assembled residential portfolio includes seven rental units across five buildings, offering investors the ideal combination of immediate cash flow, operational stability, & future growth potential. The property consists of five dwellings situated on a single parcel. According to Baldwin County Tax Assessor records, the property is identified as 110 Lata Terrace, while the United States Postal Service recognizes the address as 108 Lata Terrace. This address distinction is administrative in nature & does not impact the operation of the rental portfolio. The improvements include two duplexes & three single-family homes. The duplexes each contain two 2-bedroom, 1-bathroom units, while the single-family residences include two 2-bedroom, 1-bathroom homes & one 3-bedroom, 1-bathroom home. This diverse unit mix appeals to a broad tenant base & helps support consistent occupancy. In 2025, the portfolio underwent a comprehensive renovation program designed to enhance both tenant satisfaction & long-term asset performance. Improvements included updated kitchens & bathrooms, new appliances, modern flooring, fresh interior finishes, & extensive exterior upgrades. As a result, investors can acquire a substantially improved asset with minimal deferred maintenance & strong competitive positioning within the local rental market. The portfolio is currently fully leased & generating reliable income from day one. A significant portion of the tenancy is secured through long-term lease agreements extending into 2027, providing predictable revenue & reducing near-term turnover risk. The remaining leases create opportunities for future rental adjustments, allowing a new owner to capture additional revenue as market conditions permit.

MLS® NumberCL357906

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1960

BasementNone, Crawl Space

DrivewayGarage, Off Street, Parking Lot, Rear/Side/Off Street

Garage Spaces

HeatCentral, Electric, Wall Furnace, Zoned

A/CCentral Air, Electric, Wall Unit(s), Zoned

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 19, 2026List Date

$850,000List Price

Commute

Commute

Starting Address

Destination Address

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