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200 Jones Dr
Milledgeville, GA 31061
Specialty Property For Sale
·
1,468 SF


Investment Highlights
- Three-bedroom, 2.5-bath home configured as an income-producing destination rental.
- Includes screened porch, rear stoop, fenced backyard, and multiple indoor living spaces.
- Positioned on 3.7 acres inside Renaissance Park near Georgia College and Georgia Military College.
- Recently remodeled with new electrical, plumbing, HVAC, and refinished hardwood floors.
- Two outbuildings on-site provide additional functionality and storage opportunities.
- Convenient access to major thoroughfares including Fall Line Freeway and Vinson Highway.
Executive Summary
This single-family residential investment located in Renaissance Park offers an income-producing opportunity within Milledgeville’s historically rich Central State Hospital campus. Spread across 3.7 acres, this property functions as an established destination rental, generating reported income of $28,112 in 2025 for the current owner. Extensive upgrades including new electrical systems, plumbing, HVAC, and refinished original hardwood floors provide both functionality and modern appeal.
The home features 3 bedrooms, 2.5 baths, a formal dining room, den, kitchen, laundry, screened porch, and fenced backyard. Two additional outbuildings - a brick storage facility and a wooden carriage house - are located on site, offering storage solutions or future repurposing potential. Utilities are readily available, and the surrounding infrastructure supports strong and steady rental demand.
Located near the Fall Line Freeway, Vinson Highway, and downtown Milledgeville, the property benefits from easy access to Georgia College and State University, Georgia Military College, local retail and dining, as well as the Georgia War Veterans Home. Its size and location create an advantageous position for investors seeking recurring rental revenue with long-term growth potential in a Central Georgia market experiencing ongoing revitalization.
The home features 3 bedrooms, 2.5 baths, a formal dining room, den, kitchen, laundry, screened porch, and fenced backyard. Two additional outbuildings - a brick storage facility and a wooden carriage house - are located on site, offering storage solutions or future repurposing potential. Utilities are readily available, and the surrounding infrastructure supports strong and steady rental demand.
Located near the Fall Line Freeway, Vinson Highway, and downtown Milledgeville, the property benefits from easy access to Georgia College and State University, Georgia Military College, local retail and dining, as well as the Georgia War Veterans Home. Its size and location create an advantageous position for investors seeking recurring rental revenue with long-term growth potential in a Central Georgia market experiencing ongoing revitalization.
Property Facts
| Sale Type | Investment | Building Size | 1,468 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Residential Income | Year Built | 1955 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 4.03 AC | ||
| Zoning | C1 - Commercial | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 4.03 AC |
| Building Size | 1,468 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Opportunity Zone |
Yes |
| Zoning | C1 - Commercial |
Property Taxes
| Parcel Number | 072-0B1 | Improvements Assessment | $70,752 |
| Land Assessment | $12,540 | Total Assessment | $83,292 |
Property Taxes
Parcel Number
072-0B1
Land Assessment
$12,540
Improvements Assessment
$70,752
Total Assessment
$83,292
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