# 108 Lata Terrace, Milledgeville, GA 31061

> **TL;DR:** 15bd/7ba residential multi family, $775,000 ($137/sqft), built 1960, 5,666 sqft.
> Hardwood, A/C. Est. $4,145/mo. Listed 144 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $775,000 |
| Price/sqft | $137 |
| Bedrooms | 15 |
| Bathrooms | 7 full |
| Square Feet | 5,666 |
| Year Built | 1960 |
| Lot Size | 62,465 sqft (1.43 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 144 |

## Why This Home Stands Out

- **Hardwood Floors** - Hardwood flooring listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,919 |
| Estimated Insurance | $226 |
| **Total** | **$4,145** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1960
- 1.43 acre lot

## Description

### 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.

## Location

- **Address:** 108 Lata Terrace, Milledgeville, GA 31061
- **County:** Baldwin
- **Coordinates:** 33.096834, -83.247396
- **Google Maps:** https://www.google.com/maps?q=33.096834,-83.247396

## Listing Agent

- **Name:** Richard Grayson · **License:** 60289
- **Brokerage:** Grayson Realty
- **Broker Phone:** 7067696659
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/108-Lata-Ter-NW_Milledgeville_GA_31061_M90600-17550?f=listhub&s=HIVEMLSNC&m=CL357906&c=propsimple)

## Photos

![108 Lata Terrace - Photo 1](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f2763136954r.jpg)

![108 Lata Terrace - Photo 2](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f2525376017r.jpg)

![108 Lata Terrace - Photo 3](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f3144214437r.jpg)

![108 Lata Terrace - Photo 4](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f3524077378r.jpg)

![108 Lata Terrace - Photo 5](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f1001586503r.jpg)

![108 Lata Terrace - Photo 6](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f55136343r.jpg)

![108 Lata Terrace - Photo 7](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f4071484186r.jpg)

![108 Lata Terrace - Photo 8](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f669012472r.jpg)

![108 Lata Terrace - Photo 9](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f3144214437r.jpg)

![108 Lata Terrace - Photo 10](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f2349107915r.jpg)

![108 Lata Terrace - Photo 11](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f601202123r.jpg)

![108 Lata Terrace - Photo 12](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f1922306990r.jpg)

![108 Lata Terrace - Photo 13](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f914510481r.jpg)

![108 Lata Terrace - Photo 14](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f2627609343r.jpg)

![108 Lata Terrace - Photo 15](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f3646589756r.jpg)

![108 Lata Terrace - Photo 16](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f782706346r.jpg)

![108 Lata Terrace - Photo 17](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f3319809823r.jpg)

![108 Lata Terrace - Photo 18](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f4238843668r.jpg)

![108 Lata Terrace - Photo 19](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f4149614020r.jpg)

![108 Lata Terrace - Photo 20](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f941646201r.jpg)

![108 Lata Terrace - Photo 21](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f3038534253r.jpg)

![108 Lata Terrace - Photo 22](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f1833088449r.jpg)

![108 Lata Terrace - Photo 23](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f1620831387r.jpg)

![108 Lata Terrace - Photo 24](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f180138826r.jpg)

![108 Lata Terrace - Photo 25](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f1349761265r.jpg)

![108 Lata Terrace - Photo 26](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f4238843668r.jpg)

![108 Lata Terrace - Photo 27](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f941646201r.jpg)

![108 Lata Terrace - Photo 28](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f2383153966r.jpg)

![108 Lata Terrace - Photo 29](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f1963622953r.jpg)

![108 Lata Terrace - Photo 30](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f2848880648r.jpg)

![108 Lata Terrace - Photo 31](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f3799688098r.jpg)

![108 Lata Terrace - Photo 32](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f1886491222r.jpg)

![108 Lata Terrace - Photo 33](http://lh.rdcpix.com/fa845ac777f0bb4fe73f69d8dcbbca62l-f3889125875r.jpg)

---

**MLS#:** CL357906 | **Updated:** 2026-10-30
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/108-lata-terrace-milledgeville-ga-31061-8d210ec42c1047c19ff2d8c39fe53ec9)

---

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