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Ad #7911430
MLS #CL357906
Listing photo

Discover an exceptional income-producing investment opportunity

108 Lata Terrace, Milledgeville, Georgia, 31061
$850,000
15Beds
7Baths
5,666Sqft
1.434Acres

About this property

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.

Property Features

15 Beds
7 Baths
5,666 Sqft
Built in 1960
1.434 Acres
1 Story
Lake Sinclair
Parking Lot, Off Street, Garage
Siding: Concrete, Vinyl Siding, Wood Siding
Metal Roof
Electric (Heating), Central, Wall Furnace, Zoned
Baldwin County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Richard Grayson

Grayson Realty

706-540-4727

Location

Map
LakeHouse.com
Printed Jul 28, 2026

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$850,000

15
Beds
7
Baths
5,666
Sqft

108 Lata Terrace, Milledgeville, Georgia, 31061

By contacting this agent you agree to these Terms and Conditions.
Home Georgia Lake Sinclair
Discover an exceptional income-producing investment opportunity - photo 1
Discover an exceptional income-producing investment opportunity - photo 2
Discover an exceptional income-producing investment opportunity - photo 3
Discover an exceptional income-producing investment opportunity - photo 4
Discover an exceptional income-producing investment opportunity - photo 5
MLS# CL357906
Home For Sale

Discover an exceptional income-producing investment opportunity

$850,000

108 Lata Terrace, Milledgeville, Georgia, 31061

15
Beds
7
Baths
5,666
Sqft
1.434
Acres
$850,000
108 Lata Terrace, Milledgeville, Georgia, 31061
15 Beds
7 Baths
5,666 Sqft
1.434 Acres
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.
38 days
on LakeHouse.com
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Contact Information

Buyer's Agent

Tammy Lankford
Lane Realty
706-485-9668
Please say you found it on LakeHouse.com!

Listing Agent

Richard Grayson
Grayson Realty
Listing Agent: Richard Grayson (License #: 60289) 706-540-4727. Broker: Grayson Realty 706-769-6659 Listing Site. Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property Details

HOME DETAILS

15 Beds
7 Baths
5,666 Sqft
Built in 1960
1.434 Acres
1 Story

WATER & VIEW

Lake Sinclair

EXTERIOR

Parking Lot, Off Street, Garage
Siding: Concrete, Vinyl Siding, Wood Siding
Metal Roof

INTERIOR

Electric (Heating), Central, Wall Furnace, Zoned

FINANCIAL & COMMUNITY

Baldwin County
See More Details

Location

Map
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About Lake Sinclair

Lake Sinclair is one of the most popular boating lakes in the state and hosts several fishing tournaments throughout the year. With over 400 miles of shoreline, Lake Sinclair offers quality waterfront lake homes for sale and building opportunities on lakefront lots, land, and acreage. Covering Baldwin, Putman, and Hancock County, Lake Sinclair has 15,330 acres of water surface and is 100 deep. Boat docks, swimming, and power boats are permitted. Find an agent here to help you buy or sell.
Boating
Swimming
Jet Skiing
Lake Depth : 100'
Water Level : 338.90 Ft
Full Pool : 340.00 Ft

Ad Statistics

Ad Number
7911430
Viewed
53 times
Listing Status
Active
Added
Jun 19, 2026
Last Refresh
Jul 27, 2026 10:37:19 PM

Listing Information

Data Source
Hive MLS
Source Property ID
CL357906
All information provided is deemed reliable but is not guaranteed and should be independently verified.

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By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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Lake Sinclair Real Estate Agent Info

Tammy Lankford
Tammy Lankford
Welcome to Lane Realty. We've been in business on Lake Sinclair since August 1985 helping buyers and sellers with their property transactions. We don't strive to be the biggest or sell the most, we strive to have the most satisfied clients and customers. Lane Realty is a full service real estate brokerage with our focus on Lake Sinclair and surrounding areas. We have full time agents and we are open 7 days a week.

About Lake Sinclair

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Request Information
By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.
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Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming
SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
Help Contact Us
ADDITIONAL MARKETS
MountainHomes.com BeachHouse.com GolfHomes.com BarrierFreeHome.com
SUBSCRIBE
Receive notifications for new listings
Subscribe
X Facebook Instagram YouTube

Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 LakeHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.07.28
Terms & Policy