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138 Comer TerraceMacon, GA 31204

Payne Mill · Bibb County

$120,000List price
1923Year built
0.11Acre lot
3 months agoOn market

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.

Property Information

Property type
Residential Income
Sub-type
Duplex
Year built
1923
Lot size
0.11 acres
Lot dimensions
104 x
Parking spaces
2
Days on market
110
MLS® Listing#
7810185

Property Features

Cooling
Window Unit(s)
Flooring
Ceramic Tile · Hardwood
Parking
None
Fencing
None
Lot features
Level
Construction
Wood Siding
Roof
Shingle
Windows
Wood Frames
Utilities
Cable Available · Electricity Available · Phone Available · Sewer Available · Water Available
Sewer
Public Sewer
Water source
Public

Schools

Elementary
John Robert Lewis - Bibb
Middle
Howard
High
Howard

Financial Details

HOA
None
Annual taxes
$474Tax year 2025
Parcel number
N0720082

Directions

From Atlanta, take I-75 South to Exit 164 (Forsyth Rd). Continue south toward downtown Macon, then take Riverside Drive to Vineville Avenue. Turn onto Pio Nono Avenue, then onto Comer Terrace. Property will be on the right.

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Listing Courtesy: HomeSmart - 404-876-4901

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Last Updated: 2026-07-24T00:00:00.000Z

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  • Bob Powell

    Franchisee, Broker of Record

    EXIT Team Realty