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- Price$775,000
- Acres1.43
- Built1960
108 Lata Terrace, Milledgeville
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.
Essential Information
- MLS® #10828862
- Price$775,000
- Bathrooms0.00
- Acres1.43
- Year Built1960
- TypeResidential Income
- StatusActive
Amenities
- UtilitiesElectricity Individual Meters, Sewer Connected, Water Individual Meters
- Parking Spaces18
- ParkingOff Street, Over 1 Space per Unit
Exterior
- ConstructionConcrete, Vinyl Siding, Wood Siding
- FoundationBlock
Additional Information
- Days on Market91
Community Information
- Address108 Lata Terrace
- SubdivisionNone
- CityMilledgeville
- CountyBaldwin
- StateGA
- Zip Code31061
Interior
- HeatingCentral, Electric, Other
- CoolingCentral Air, Other
- StoriesOne
School Information
- ElementaryOther
- MiddleOther
- HighOther
Listing Details
- Listing Provided Courtesy Of Grayson Realty Inc.
Price Change History for 108 Lata Terrace, Milledgeville, GA (MLS® #10828862)
| Date | Details | Price | Change |
|---|---|---|---|
| Active (from New) | – | – |
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Go Realty Of Georgia & Alabam are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.
The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 Georgia MLS. All rights reserved.
Listing information last updated on September 10th, 2026 at 10:46am CDT.




































