Real Estate Investment Properties for Sale in Milledgeville, GA

Looking for investment property in Milledgeville, GA with high ROI ?

Explore a variety of short-term homes & houses in Milledgeville, GA. Invest wisely with VRBO & Milledgeville, GA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Milledgeville, GA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
241 S Irwin Street Milledgeville, GA Perfect location - walking distance to colleges & downtown. Great college complex with 2 b...	2 beds \| 3 baths \| 1,120 sq.ft.	$159,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 7.73% Airbnb Rental Income: $762 Traditional Rental Income: $1726 Airbnb ROI: -0.66% Traditional ROI: 7.73%
300 Pebble Hollow Milledgeville, GA Looking for privacy in a great neighborhood. Just minutes from schools, Kroger, the Club a...	5 beds \| 4 baths \| 4,318 sq.ft.	$800,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 3.05% Airbnb Rental Income: $2862 Traditional Rental Income: $3794 Airbnb ROI: 0.91% Traditional ROI: 3.05%
177 Lakeshore Circle Milledgeville, GA Welcome to your dream lakefront retreat in Milledgeville on Lake Sinclair-where comfort, c...	4 beds \| 3 baths \| 2,284 sq.ft.	$749,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.15% Airbnb Rental Income: $1818 Traditional Rental Income: $2937 Airbnb ROI: -0.15% Traditional ROI: 2.15%
177 NE Lakeshore Circle Milledgeville, GA Welcome to your dream lakefront retreat in Milledgeville on Lake Sinclair-where comfort, c...	4 beds \| 3 baths \| 2,284 sq.ft.	$749,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.03% Airbnb Rental Income: $1818 Traditional Rental Income: $2851 Airbnb ROI: -0.15% Traditional ROI: 2.03%
3631 Sussex Drive Milledgeville, GA Your Dream Home Awaits - Fully Updated & Move-In Ready! Welcome home to this charming 3-be...	3 beds \| 2 baths \| 1,884 sq.ft.	$397,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.61% Airbnb Rental Income: $1218 Traditional Rental Income: $2147 Airbnb ROI: 0.06% Traditional ROI: 3.61%
240 Southern Walk Dr. Milledgeville, GA Welcome to this beautifully upgraded 4-bedroom, 3-bath home offering the perfect mix of co...	4 beds \| 3 baths \| 3,190 sq.ft.	$484,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.58% Airbnb Rental Income: $1818 Traditional Rental Income: $2869 Airbnb ROI: 1.17% Traditional ROI: 4.58%
141 Grimes Road Milledgeville, GA STUNNING Lake Sinclair New Construction in a super convenient location!! Close to all groc...	3 beds \| 4 baths \| N/A	$1,499,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 0.48% Airbnb Rental Income: $1627 Traditional Rental Income: $2296 Airbnb ROI: -0.33% Traditional ROI: 0.48%
221 Butler Rd Milledgeville, GA This home has 4 Bedrooms & 2.5 baths, over 2200 sqft. This home is on one level & is such ...	4 beds \| 3 baths \| 2,210 sq.ft.	$544,999	Airbnb cash on cash: 1.35% Traditional cash on cash: 3.96% Airbnb Rental Income: $1818 Traditional Rental Income: $2653 Airbnb ROI: 1.35% Traditional ROI: 3.96%
151 Lake Drive NW Milledgeville, GA Looking for a Lake Sinclair lake home in Baldwin County that is convenient to shopping (le...	4 beds \| 3 baths \| 3,048 sq.ft.	$957,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.48% Airbnb Rental Income: $1818 Traditional Rental Income: $3370 Airbnb ROI: 0.18% Traditional ROI: 2.48%
479 High Point Rd Milledgeville, GA Stunning 4BD/2.5BA Home with Saltwater Pool in High Point Subdivision! Built in 2018, this...	4 beds \| 3 baths \| 2,324 sq.ft.	$424,500	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.9% Airbnb Rental Income: $1818 Traditional Rental Income: $2873 Airbnb ROI: 2.01% Traditional ROI: 5.9%
61 Oak Avenue Milledgeville, GA Completely updated 3BR/1BA home just looking for its new owner. This home is conveniently ...	3 beds \| 1 baths \| 984 sq.ft.	$137,500	Airbnb cash on cash: 4.09% Traditional cash on cash: 8.52% Airbnb Rental Income: $1218 Traditional Rental Income: $1411 Airbnb ROI: 4.09% Traditional ROI: 8.52%
1703 Sara Hunter Lane Milledgeville, GA 1703 Sara Hunter Ln. Great Looking 4BR/3BA home in N. Baldwin County. Living room is spaci...	4 beds \| 3 baths \| 2,181 sq.ft.	$324,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 6.75% Airbnb Rental Income: $1818 Traditional Rental Income: $2502 Airbnb ROI: 2.9% Traditional ROI: 6.75%
226 Lake Laurel Road Milledgeville, GA This one-level brick home sits on almost 1 acre of land. It has a double carport, metal ro...	3 beds \| 2 baths \| 1,609 sq.ft.	$239,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 6.34% Airbnb Rental Income: $1218 Traditional Rental Income: $1957 Airbnb ROI: 1.33% Traditional ROI: 6.34%
1683 Sara Hunter Lane Milledgeville, GA This is a great resale home that is only 6 years old. Plenty of room with over 2100 sqft 4...	4 beds \| 3 baths \| 2,150 sq.ft.	$329,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 6.3% Airbnb Rental Income: $1818 Traditional Rental Income: $2502 Airbnb ROI: 2.5% Traditional ROI: 6.3%
383 HUB DENT RD. Milledgeville, GA Nice level lake lot leading down to great lake views, deep water, a single slip boathouse,...	3 beds \| 3 baths \| 1,998 sq.ft.	$540,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.19% Airbnb Rental Income: $1218 Traditional Rental Income: $2668 Airbnb ROI: -0.46% Traditional ROI: 3.19%
211 Lakecrest Drive Milledgeville, GA REMODELED!!! The View, The Location, The Sandy Beach, The Home, The Cove, The Porch, and W...	5 beds \| 4 baths \| 3,928 sq.ft.	$1,650,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.48% Airbnb Rental Income: $2862 Traditional Rental Income: $4223 Airbnb ROI: 0.16% Traditional ROI: 1.48%
300 Pebble Hollow Drive Milledgeville, GA Large home in Greystone Arbor on Pebble Hollow Road. This great 5 bedroom 3.5 bath home is...	5 beds \| 4 baths \| 4,918 sq.ft.	$800,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.15% Airbnb Rental Income: $2862 Traditional Rental Income: $3973 Airbnb ROI: 0.77% Traditional ROI: 3.15%
243 Minor Road Milledgeville, GA BUYER INCENTIVE Seller is offering $4,000 towards closing cost with acceptable offer**...	3 beds \| 2 baths \| 1,894 sq.ft.	$278,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 5.53% Airbnb Rental Income: $1218 Traditional Rental Income: $2054 Airbnb ROI: 0.84% Traditional ROI: 5.53%
155 ADMIRALITY WAY Milledgeville, GA Welcome to carefree, lakefront living on beautiful Lake Sinclair. Perfectly positioned on ...	4 beds \| 3 baths \| 2,200 sq.ft.	$649,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.17% Airbnb Rental Income: $1818 Traditional Rental Income: $2759 Airbnb ROI: 0.81% Traditional ROI: 3.17%
3718 Sussex Dr Milledgeville, GA LOCATION. LIFESTYLE. SPACE. Welcome to 3718 Sussex Drive, perfectly positioned on the main...	3 beds \| 3 baths \| 2,200 sq.ft.	$417,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.75% Airbnb Rental Income: $1218 Traditional Rental Income: $2305 Airbnb ROI: -0.04% Traditional ROI: 3.75%
296 SE Kings Road Milledgeville, GA Charming Brick Ranch just outside of Milledgeville's City Limits (only 2.8 miles)! This ho...	3 beds \| 2 baths \| N/A	$175,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 10.75% Airbnb Rental Income: $1218 Traditional Rental Income: $2203 Airbnb ROI: 2.49% Traditional ROI: 10.75%
116 Buckeye Lane Milledgeville, GA Don't wait for the opportunity to own this beautiful 2-bedroom, 2-bath Lake Sinclair home ...	2 beds \| 2 baths \| 2,112 sq.ft.	$449,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 3.98% Airbnb Rental Income: $762 Traditional Rental Income: $2569 Airbnb ROI: -1.07% Traditional ROI: 3.98%
143 Park Avenue Milledgeville, GA Great investment opportunity in Milledgeville! This spacious 4 bedroom, 1.5 bathroom home ...	4 beds \| 2 baths \| 1,152 sq.ft.	$135,000	Airbnb cash on cash: 7.6% Traditional cash on cash: 9.04% Airbnb Rental Income: $1818 Traditional Rental Income: $1513 Airbnb ROI: 7.6% Traditional ROI: 9.04%
100 MISENHEIMER ROAD Milledgeville, GA This MINT CONDITION ONE LEVEL lake home with SEPARATE GUEST COTTAGE has it all! LOVED and ...	3 beds \| 3 baths \| 1,464 sq.ft.	$649,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.52% Airbnb Rental Income: $1218 Traditional Rental Income: $2513 Airbnb ROI: -0.27% Traditional ROI: 2.52%
156 Deacon J Simmons Road SW Milledgeville, GA A newly interior-painted 3-bedroom, 2-bath renovated home sitting on a large lot and offer...	3 beds \| 2 baths \| 1,230 sq.ft.	$129,000	Airbnb cash on cash: 4% Traditional cash on cash: 10.2% Airbnb Rental Income: $1218 Traditional Rental Income: $1595 Airbnb ROI: 4% Traditional ROI: 10.2%
135 E Lakeview Drive NE Milledgeville, GA Wake up to some of the best sunrises on the lake in this updated 4-bedroom, 3-bath home on...	4 beds \| 3 baths \| 2,793 sq.ft.	$995,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 1.8% Airbnb Rental Income: $1818 Traditional Rental Income: $3254 Airbnb ROI: -0.28% Traditional ROI: 1.8%
135 Lakeview Dr Milledgeville, GA LOCATION! LOCATION! LOCATION! This fabulous lake home in one of the most sought-after loc...	4 beds \| 3 baths \| 2,793 sq.ft.	$995,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 0.22% Airbnb Rental Income: $1818 Traditional Rental Income: $1711 Airbnb ROI: -0.2% Traditional ROI: 0.22%
111 Old Mill Run Milledgeville, GA A BEAUTIFUL 3 BEDROOM 2 FULL BATH HIDDEN GEM, RIGHT IN TOWN.CLOSE TO EVERYTHING 441 AND 44...	3 beds \| 2 baths \| 1,481 sq.ft.	$249,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.11% Airbnb Rental Income: $1218 Traditional Rental Income: $1745 Airbnb ROI: 1.2% Traditional ROI: 5.11%
140 NE Silver Birch Lane Milledgeville, GA Sought after one level, ground floor condo at Legacy, 2000 SF with big water view. Beautif...	3 beds \| 3 baths \| 2,020 sq.ft.	$799,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 3.75% Airbnb Rental Income: $5211 Traditional Rental Income: $4911 Airbnb ROI: 2.73% Traditional ROI: 3.75%
696 W Hwy 49 Milledgeville, GA Welcome home to pecan trees lining your driveway and animals running in your pasture. This...	4 beds \| 2 baths \| 1,907 sq.ft.	$429,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 1.9% Airbnb Rental Income: $1818 Traditional Rental Income: $1624 Airbnb ROI: 1.16% Traditional ROI: 1.9%
131 Mendi Dr NW Milledgeville, GA Don't miss this beautiful one level home with 4 bedrooms, 3 bathrooms on the Northside of ...	3 beds \| 2 baths \| 1,581 sq.ft.	$237,500	Airbnb cash on cash: 1.35% Traditional cash on cash: 7.7% Airbnb Rental Income: $1218 Traditional Rental Income: $2250 Airbnb ROI: 1.35% Traditional ROI: 7.7%
3027 McComb Court NE Milledgeville, GA Offers to be placed. Interior inspections are not available, do not trespass! Forward all ...	4 beds \| 3 baths \| 3,015 sq.ft.	$259,150	Airbnb cash on cash: 3.13% Traditional cash on cash: 4.55% Airbnb Rental Income: $1818 Traditional Rental Income: $1674 Airbnb ROI: 3.13% Traditional ROI: 4.55%
221 Commodore Dr NW Milledgeville, GA Experience refined Lake Sinclair living in this beautifully appointed 3-bedroom, 2.5-bath ...	3 beds \| 3 baths \| 2,584 sq.ft.	$775,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.67% Airbnb Rental Income: $1218 Traditional Rental Income: $1958 Airbnb ROI: -0.9% Traditional ROI: 0.67%
291 Power Point Road Milledgeville, GA Completely Remodeled Lake Sinclair Cottage Discover this beautifully updated 4-bedroom, 3-...	4 beds \| 3 baths \| 2,414 sq.ft.	$799,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 1.94% Airbnb Rental Income: $3265 Traditional Rental Income: $2966 Airbnb ROI: 1.36% Traditional ROI: 1.94%
131 Chumley Road Milledgeville, GA Welcome to this stunning lakefront home in the sought-after Club at Lake Sinclair. This cu...	5 beds \| 4 baths \| 4,615 sq.ft.	$1,189,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 1.31% Airbnb Rental Income: $2862 Traditional Rental Income: $3217 Airbnb ROI: 0.38% Traditional ROI: 1.31%
3779 Sussex Drive NE Milledgeville, GA Beautiful home with fully finished Basement apartment in Country Club Estates. New Roof, n...	4 beds \| 4 baths \| 2,882 sq.ft.	$485,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.73% Airbnb Rental Income: $1818 Traditional Rental Income: $3109 Airbnb ROI: 0.8% Traditional ROI: 4.73%
3622 Hurst Dr Milledgeville, GA Tucked away on one of Milledgeville's most sought-after streets, this beautiful 3-bedroom,...	3 beds \| 2 baths \| 2,234 sq.ft.	$392,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.05% Airbnb Rental Income: $1218 Traditional Rental Income: $1550 Airbnb ROI: 0.08% Traditional ROI: 2.05%
311 Greystone Drive Milledgeville, GA Welcome to life in Greystone Arbor-one of Milledgeville's best communities on the north si...	4 beds \| 5 baths \| 4,152 sq.ft.	$649,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 2.35% Airbnb Rental Income: $1818 Traditional Rental Income: $2776 Airbnb ROI: -0.05% Traditional ROI: 2.35%
169 Admiralty Way NW Milledgeville, GA Big open water front home on Lake Sinclair! Located on the Northside + walking distance to...	4 beds \| 4 baths \| 4,540 sq.ft.	$799,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 2.93% Airbnb Rental Income: $3563 Traditional Rental Income: $3703 Airbnb ROI: 1.7% Traditional ROI: 2.93%
1740 Holly Hill Road Milledgeville, GA This spacious 4 bedroom, 2.5 bath home offers 2,418 sq ft of living space, perfect for a l...	4 beds \| 3 baths \| 2,418 sq.ft.	$294,500	Airbnb cash on cash: 2.53% Traditional cash on cash: 5.89% Airbnb Rental Income: $1818 Traditional Rental Income: $2256 Airbnb ROI: 2.53% Traditional ROI: 5.89%

Real Estate investment in Milledgeville, GA

There are 311 properties for sale in the city of Milledgeville . The median list price in Milledgeville is $299,000 and the average price per square foot is $138. In April 2026, the average monthly cash on cash return in Milledgeville is 5.00%. The average monthly rental income in Milledgeville is $2,054.

Milledgeville, GA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 311 investment properties available for sale in Milledgeville.

In 2026, the best neighborhood to buy investment property is Milledgeville.

The ROI for Long-Term is higher than the Short-Term in Milledgeville with average rental income of $2,054.

Your search for investment property begins and ends here

Investment Property for Sale in Milledgeville, GA

241 S Irwin Street

Milledgeville, GA

2 beds | 3 baths | 1,120 sq.ft.

$159,900

Airbnb cash on cash: -0.66%

Traditional cash on cash: 7.73%

Airbnb Rental Income: $762

Traditional Rental Income: $1726

Airbnb ROI: -0.66%

Traditional ROI: 7.73%

300 Pebble Hollow

Milledgeville, GA

5 beds | 4 baths | 4,318 sq.ft.

$800,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $2862

Traditional Rental Income: $3794

Airbnb ROI: 0.91%

Traditional ROI: 3.05%

177 Lakeshore Circle

Milledgeville, GA

4 beds | 3 baths | 2,284 sq.ft.

$749,900

Airbnb cash on cash: -0.15%

Traditional cash on cash: 2.15%

Airbnb Rental Income: $1818

Traditional Rental Income: $2937

Airbnb ROI: -0.15%

Traditional ROI: 2.15%

177 NE Lakeshore Circle

Milledgeville, GA

4 beds | 3 baths | 2,284 sq.ft.

$749,900

Airbnb cash on cash: -0.15%

Traditional cash on cash: 2.03%

Airbnb Rental Income: $1818

Traditional Rental Income: $2851

Airbnb ROI: -0.15%

Traditional ROI: 2.03%

3631 Sussex Drive

Milledgeville, GA

3 beds | 2 baths | 1,884 sq.ft.

$397,000

Airbnb cash on cash: 0.06%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $1218

Traditional Rental Income: $2147

Airbnb ROI: 0.06%

Traditional ROI: 3.61%

240 Southern Walk Dr.

Milledgeville, GA

4 beds | 3 baths | 3,190 sq.ft.

$484,000

Airbnb cash on cash: 1.17%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $1818

Traditional Rental Income: $2869

Airbnb ROI: 1.17%

Traditional ROI: 4.58%

141 Grimes Road

Milledgeville, GA

3 beds | 4 baths | N/A

$1,499,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 0.48%

Airbnb Rental Income: $1627

Traditional Rental Income: $2296

Airbnb ROI: -0.33%

Traditional ROI: 0.48%

221 Butler Rd

Milledgeville, GA

4 beds | 3 baths | 2,210 sq.ft.

$544,999

Airbnb cash on cash: 1.35%

Traditional cash on cash: 3.96%

Airbnb Rental Income: $1818

Traditional Rental Income: $2653

Airbnb ROI: 1.35%