Price Reduced Listing
$120,000
 $644 est/mo Sourced by Back At You

138 Comer Terrace,Macon, GA 31204

Macon, GA 31204

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Description

Turnkey investment opportunity generating $1,300 per month in rental income! This fully renovated historic duplex features two 1-bedroom, 1-bath units, each currently leased with one-year leases in place, providing immediate, stable rental income. Each unit currently rents for $650 per month, providing immediate income while offering future rental upside as rents continue to increase in the area. Extensive renovations include a new roof, new water heaters, updated electrical and plumbing, fresh interior & exterior paint, new appliances, refinished hardwood floors, original trim, decorative fireplaces, granite countertops, and tiled kitchens and baths. Each unit is separately metered with separate electric and water meters, allowing tenants to pay their own utilities and helping minimize owner expenses. The inviting covered front porch, high ceilings, abundant natural light, and historic character make these units highly desirable to tenants. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this well-maintained duplex offers immediate cash flow, low-maintenance ownership, and excellent long-term appreciation potential.

Details

MLS #7810185
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1923
Days On Site83
Listing Provided ByHomeSmart | Caryn Liss

Features

Story(s)1
Units2
Acreage0.11
Water FrontYes
Property ViewOther

Interior

CoolingWindow Unit(s)
HeatingWall Unit(s)
Window FeaturesWood Frames

Exterior

Accessibility FeaturesNone
Lot FeaturesLevel
Construction MaterialsWood Siding
RoofShingle
FencingNone
Waterfront FeaturesNone
Security FeaturesNone

Parking

Parking FeaturesNone

Utilities

UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Water Available
SewerPublic Sewer

Taxes

Tax Annual Amount474
Tax Legal DescriptionPAYNE MILL
Tax Parcel LetterN072-0082
Tax Year2025

Location

Community FeaturesNear Public Transport, Near Shopping

Area Information

StateGA
CountyBibb GA
CityMacon
Zip Code31204
AreaBibb GA
Community NamePayne Mill
School DistrictHoward
Elementary SchoolJohn Robert Lewis - Bibb
High SchoolHoward
Listing VS Median (in Payne Mill)
Price:
$120,000
low | high
Med:
$0
On site:
83
low | high
Med:
Sourced by Back At You

Market Activity 31204

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Learn More About This Property

StateGA
CountyBibb GA
CityMacon
Zip Code31204
AreaBibb GA
Community NamePayne Mill
School DistrictHoward
Elementary SchoolJohn Robert Lewis - Bibb
High SchoolHoward
Listing VS Median (in Payne Mill)
Price:
$120,000
low | high
Med:
$0
On site:
83
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $90K - $150K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
138 Comer Terrace # B Property Photo 1
$120,000
138 Comer Terrace # B
Macon, GA 31204
130 Comer Terrace Property Photo 1
$116,000
130 Comer Terrace
Macon, GA 31204
Listing Updated: October 6, 2026 at 8:12:49 PM PDT