2066 Melton AVE new Save Request In-Person Tour Request Virtual Tour
Macon,GA 31217
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,693 sqft
Price per Sqft $76
Subdivision Cross Keys Estate
MLS Listing ID 7674060
Style Ranch
Bedrooms 4
Full Baths 2
Year Built 1950
Annual Tax Amount $440
Tax Year 2024
Lot Size 0.310 Acres
Property Sub-Type Condominium
Property Description
An excellent turnkey duplex investment in the growing city of Macon, Georgia! 2066 & 2068 Melton Avenue features two well-maintained 2-bedroom, 1-bath units, each delivering dependable income and long-term appreciation potential. With durable construction, thoughtful renovations, and consistent tenancy, this property is ready to perform from day one.
Offering steady cash flow and below-market rents, investors have a clear path to increasing revenue at lease renewal, strengthening returns over time. With low annual expenses and a projected cap rate around 9–10%, this duplex combines stability with growth in one of Georgia's fastest-evolving rental markets.
Ideally located near schools, parks, and local employers, the property sits just minutes from downtown Macon, Mercer University, and major highways. The city's accessibility, affordability, and continued revitalization make it a standout for investors seeking reliable performance with room to grow.
2066 & 2068 Melton Ave is part of a fully leased, 14-door turnkey investment portfolio of single-family homes and duplexes throughout Macon. While individual sales will be considered, portfolio acquisition is preferred, allowing buyers to scale efficiently and optimize management across multiple cash-flowing properties.
Whether expanding an existing portfolio or entering the Georgia market for the first time, this property delivers immediate returns, long-term potential, and peace of mind in a proven rental market.
Location
State GA
County Bibb
Area Cross Keys Estate
Rooms
Other Rooms None
Dining Room Dining L,Great Room
Kitchen Cabinets Other,Laminate Counters,Pantry
Interior
Heating Central
Cooling Ceiling Fan(s)
Flooring Carpet,Hardwood,Vinyl
Fireplaces Type None
Equipment None
Laundry Common Area,Electric Dryer Hookup
Exterior
Exterior Feature Private Entrance
Parking Features Driveway
Fence Chain Link
Pool None
Community Features None
Utilities Available Cable Available,Electricity Available,Water Available
Waterfront Description None
View Y/N Yes
View City
Roof Type Shingle
Building
Lot Description Back Yard,Front Yard
Story One
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Bernd
Middle Schools Appling
High Schools Northeast
Others
Acceptable Financing Cash,Conventional,FHA,FHA 203(k),USDA Loan,VA Loan
Listing Terms Cash,Conventional,FHA,FHA 203(k),USDA Loan,VA Loan
Special Listing Condition Real Estate Owned