2066 Melton AVE Macon, GA 31217
4 Beds
2 Baths
1,693 SqFt
UPDATED:
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
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $440
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Condominium
Source First Multiple Listing Service
Property Description
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
Lake Name None
Rooms
Bedroom Description Master on Main
Other Rooms None
Basement None
Main Level Bedrooms 4
Dining Room Dining L, Great Room
Kitchen Cabinets Other, Laminate Counters, Pantry
Interior
Interior Features Beamed Ceilings, Bookcases, Other
Heating Central
Cooling Ceiling Fan(s)
Flooring Carpet, Hardwood, Vinyl
Fireplaces Type None
Equipment None
Window Features Aluminum Frames,Double Pane Windows
Appliance Dishwasher, Dryer, Electric Range, Refrigerator, Washer
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
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch Front Porch
Private Pool false
Building
Lot Description Back Yard, Front Yard
Story One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Brick
Construction Status Resale
Schools
Elementary Schools Bernd
Middle Schools Appling
High Schools Northeast
Others
Senior Community no
Restrictions false
Tax ID T0630200
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, FHA 203(k), USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, FHA 203(k), USDA Loan, VA Loan
Financing no
Special Listing Condition Real Estate Owned
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Broker | License ID: H-79472