Date
Details
Price
Change
Source
6/06/2026
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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.
Full Property Details
Full Property Details for 108 Lata Terrace
General
- Price: $775,000
- Taxes: $2,945 (2025)
- Status: Active
- Type: Multi-Family
- Source: GAMLS_Atlanta
- MLS ID: 10828862
- Updated: 8/19/2026
- Added to Site: 82 day(s) ago
Rooms
Bedrooms
- Total Bedrooms: 15
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: Off-Street, Over 1 Space per Unit
Location
- County: Baldwin
- Driving Directions: From US-129 S / US-441 S heading straight into Milledgeville, enter Milledgeville via North Columbia Street (the main commercial corridor), then turn right onto Garrett Way (just before Zaxby's), 2nd street on left is Lata Terrace.
School Information
- Elementary School: Other
- Middle School: Other
- High School: Other
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air, Other
- Heating Type: Central, Electric, Other
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Electricity Individual Meters, Sewer Connected, Individual Water Meters
Structural Information
- Construction Status: Updated/Remodeled
- Basement Desc.: None
- Stories/Levels: One
- Year Built: 1960
Unit Information
Unit 1
- Unit Description: Dining Room, Dishwasher, Living Room, Range/Oven, Refrigerator, Smoke/Fire Alarm
- Square Feet: 728
- Bedrooms: 2
Unit 2
- Unit Description: Dining Room, Living Room, Range/Oven, Refrigerator, Smoke/Fire Alarm
- Square Feet: 958
- Bedrooms: 3
Unit 3
- Unit Description: Dishwasher, Living Room, Range/Oven, Refrigerator, Smoke/Fire Alarm
- Square Feet: 728
- Bedrooms: 2
Unit 4
- Unit Description: Dishwasher, Living Room, Range/Oven, Refrigerator, Smoke/Fire Alarm
- Square Feet: 729
- Bedrooms: 2
Unit 5
- Unit Description: Dining Room, Living Room, Range/Oven, Refrigerator, Smoke/Fire Alarm
- Bedrooms: 2
Unit 6
- Unit Description: Dishwasher, Living Room, Range/Oven, Refrigerator, Smoke/Fire Alarm
- Bedrooms: 2
Unit 7
- Unit Description: Dining Room, Range/Oven, Refrigerator, Smoke/Fire Alarm
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 1.43
- Lot Size Range: 1.43
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $2,945
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Agent/Seller Relationship, As Is, Investor-Owned
Listing Courtesy of: Grayson Realty Inc.
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Listing agent
— 108 Lata Terrace —
Grayson Realty Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 108 Lata Terrace
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Lakeview Academy 220 N Abc Dr, Milledgeville, GA 31061 | 3-5 | 1.1 mi |
Lakeview Primary 372 Blandy Road, Milledgeville, GA 31061 | PK-2 | 1.7 mi |
Oak Hill Middle School 356 Blandy Road, Milledgeville, GA 31061 | 6-8 | 1.4 mi |
Baldwin High School 155 Georgia 49, Milledgeville, GA 31061 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 108 Lata Terrace
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- 27.62Acres
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108 Lata Terrace, Milledgeville, GA 31061 (MLS# 10828862) is a Multi-Family property with 7 units containing 15 bedrooms and 0 full bathrooms. 108 Lata Terrace is currently listed for $775,000 and was received on June 06, 2026. Want to learn more about 108 Lata Terrace? Do you have questions about finding other Multi-Family real estate for sale in Milledgeville? You can browse all Milledgeville real estate or contact a Coldwell Banker agent to request more information.