Historic Multi-Family Investment Property Across from Mercer University - Macon, GA Step into history with this stunning all-brick, two-story multi-family property, proudly listed with the Macon Historical Society and originally built in the mid-1800s. Thoughtfully renovated and move-in ready, this unique investment opportunity features four spacious units-two on the main floor and two upstairs-each offering 2 bedrooms, 1 bathroom each, and charming period details blended with modern updates. Inside, tenants will enjoy open kitchen floor plans with striking brick archway accents, abundant natural light, and access to a private balcony-perfect for morning coffee or evening relaxation. Each unit has its own electric and gas meter, allowing for separate utility billing. Adding even more value, the property includes a rare carriage house (ADU), original to the estate, with a full kitchen and living room downstairs, plus a bedroom and bath upstairs. With just minor finishing work, this space could serve as an additional rental unit, guest house, or private retreat. Located directly across from prestigious Mercer University, and minutes from the vibrant energy of Downtown Macon, this property is perfectly positioned to attract students, young professionals, and families. The area continues to grow with exciting new businesses, dining, and cultural attractions. Income Potential: * Typical rental rates: $800-$900/month per unit (with room for higher returns) * Four renovated, ready-to-rent units + 1 BR carriage house ADU * Strong rental demand from Mercer University and the thriving downtown scene Whether you're expanding your portfolio or seeking a distinctive investment with long-term growth potential, this historic property offers unmatched charm, prime location, and excellent income possibilities. There are no disclosures and no proforma. Please text the agent do not use showing time there are special showing instructions 404-557-7470
Closed
$340,000
293 Orange St, Macon, GA 31201
--beds
--baths
--sqft
Multi Family, Quadruplex
Built in 1870
-- sqft lot
$323,500 Zestimate®
$--/sqft
$1,080 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 04, 2025 at 07:52am
Listed by:
Walter Terry 4045577470,
Georgia Property Land & Homes
Bought with:
Taylor A Thanos, 294613
Realty Unlimited, LLC
Source: GAMLS,MLS#: 10606893
Facts & features
Interior
Heating
- Central, Electric, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Features
- Basement: Concrete,Daylight,Exterior Entry,Full,Partial,Unfinished
- Has fireplace: No
Property
Parking
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662 sqft
Details
- Parcel number: Q0740021
- Special conditions: As Is,Historic
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Brick, Other
- Foundation: Block, Pillar/Post/Pier
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters, Gas Individual Meters, Sewer Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Macon
- Subdivision: None
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional