299 Milledge Rd, Augusta, GA 30904

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Sold Price
$315,000
List Price
$322,500
Closing Date
May 28, 2026
MLS#
98254186
Status
CLOSED
Type
Multifamily
Bedrooms
5
Bathrooms
3
Lot Size
11,326
Subdivision
Not In Subdivision

Property Description

Two structures. One exceptional opportunity. Located at 299 Milledge Road in Augusta, Georgia, this unique property offers the best of both worlds -- a move-in ready main residence paired with a one-of-a-kind secondary structure just waiting to be reimagined. The main house is a charming 3-bedroom, 1.5-bathroom home that is clean, comfortable, and ready for immediate use. Whether you're an owner-occupant looking for a primary residence, an investor seeking a turnkey rental, or a short-term rental operator eyeing Augusta's booming visitor market, this home checks every box. Behind the main house sits the crown jewel of this listing -- a distinctive octagon-style structure that has been taken down to the studs following flood damage, creating a true blank slate for the next visionary owner. Prior to the damage, this unit generated fifteen to two thousand a month in rental income -- a number that speaks directly to the income potential waiting to be unlocked. The rear structure can be reimagined as virtually anything: a guest house, private office, fitness studio, short-term rental, long-term rental, or creative flex space. The octagonal design alone makes it a standout -- the kind of space that photographs beautifully and commands premium rates on Airbnb and VRBO, particularly during Augusta's legendary Masters Tournament week.

Additional Information

Elementary School
Merry
Middle School
Tutt
High School
Westside Comp. High
Year Built
1941
Acres
0.26
Amenities
See Remarks

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Listing courtesy of Blanchard & Calhoun - WA. Selling Office: Evans Real Estate Group.