4386 Mikado Ave · Macon-Bibb County, GA 31206

$110,000

2 bd · 1.0 ba · 1,025 sqft · SingleFamily public records · 273 Days on market

Built 1950 0.31 ac lot $107/sqft · 203% above area

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.3/30.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• 1% rule +4.4/10.0
• Rent growth +3.8/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into timeless Southern charm with this beautifully restored 1950s cottage style home, built with durable oak wood and a block foundation, this 3 bedroom, 2 bath home blends vintage character with modern updates, making it ideal for first time buyers, downsizers, or investors looking for a turnkey property. From the moment you arrive, the inviting side porch welcomes you in. Perfect for sipping coffee, relaxing with a book. Inside, the home showcases thoughtful renovations that enhance both comfort and style while preserving its original charm. Major Upgrades Include: Brand new galvanized metal roof, new electrical wiring, switches, outlets, and Halo LED lighting, fully replaced copper plumbing, new HVAC system with smart Nest thermostat, a new 50-gallon Rheem water heater, refinished original hardwood floors downstairs; new LVP flooring upstairs, all new windows with included curtains, updated bathrooms with tiled showers and stylish fixtures, new interior/exterior paint, doors, stairs, attic access panels, and more! The layout offers flexible living with 2 bedrooms and 1 bath on the main level and a private upstairs suite featuring a third bedroom and full bath, ideal for guests, tenants, or multigenerational living. The backyard has a really nice detached shed with endless potential. Measuring 14 x 22'', the fully upgraded shed includes new shingles, electrical wiring, fresh paint, and metal shelving. Whether used as a workshop, creative studio, or converted to an additional living space, it adds valuable versatility to the property. This home is located just minutes from Macon's community events - from Macon's famed International Cherry Blossom Festival and Bragg Jam to full moon floats on the Ocmulgee River and festive holiday celebrations. If you're searching for a beautiful, turnkey ready home that's located only minutes from Downtown Macon's most exciting events, 4386 Mikado Avenue is just waiting for you.

Key facts

• Updated bathrooms
• New lvp flooring
• Detached shed

Tags

• GALVANIZED METAL ROOF
• NEW ELECTRICAL WIRING
• NEW HVAC SYSTEM
• NEW LVP FLOORING
• UPDATED BATHROOMS
• DETACHED SHED

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $160 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $104k (5.8% below list).
• Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 5.4% in Macon-Bibb County — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Bibb County (urban): math 11% / reading 18% proficiency, ranked #161 of 174 in GA (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.0%/yr); 207 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 154 units permitted in Bibb County in 2024 (0 in 5+ unit buildings).
• This rent runs 41% of the median local income ($30k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Bibb County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 273 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $40k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 66% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $96,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 273 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.94% ✗
• Cap rate: 8.04%
• Cash-on-cash: 6.25%
• DSCR: 1.28
• GRM: 8.8

CMA / ARV

• ARV (median comp): $49,525
• List price: $110,000
• Delta: 122.11%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4370 Mikado Ave	0.03mi	2/1.5	1,098 (+7%)	6mo	$50,000	$46	80
4283 Worsham Ave	0.23mi	3/2.0 (+1)	1,000 (-2%)	8mo	$29,000	$29	70
606 Carmen Pl	0.46mi	2/1.0	1,024 (-0%)	19mo	$27,000	$26	63
1347 Schley St	0.57mi	3/1.0 (+1)	1,063 (+4%)	1mo	$45,500	$43	62
1317 Peavy Dr	0.53mi	2/1.0	936 (-9%)	2mo	$52,000	$56	59
4161 Worsham Ave	0.51mi	2/1.0	925 (-10%)	13mo	$18,900	$20	49
4147 Marion Ave	0.51mi	3/1.0 (+1)	936 (-9%)	12mo	$60,463	$65	46
4477 Tech Dr	0.53mi	3/1.0 (+1)	1,099 (+7%)	15mo	$43,000	$39	45
1341 Glendale Ave	0.64mi	3/1.0 (+1)	912 (-11%)	2mo	$34,500	$38	45
965 Charlotte St	0.35mi	3/1.0 (+1)	1,148 (+12%)	17mo	$17,000	$15	44
4354 Pio Nono Ave	0.68mi	3/1.0 (+1)	1,126 (+10%)	14mo	$89,900	$80	35
3918 Guyton St	0.75mi	3/1.5 (+1)	1,136 (+11%)	18mo	$105,000	$92	25

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.03% rent growth · sell at horizon

5-year hold

• IRR: -4.7%
• Equity multiple: 0.82×
• Total profit: $-5,497
• Equity at exit: $16,401

10-year hold

• IRR: 7.0%
• Equity multiple: 1.57×
• Total profit: $17,411
• Equity at exit: $9,511

Cash invested: $30,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 31206

• Rents YoY: 5.0%
• Active inventory: 207
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,036 high
• Mortgage (P&I): −$577
• Tax from tax record: −$35 /mo · $423/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$218
• Net cashflow: $160

Break-even live

Break-even rent $833

Max offer price $110,000

Occupancy floor 80%

Sensitivity live

Price	-10% $223	-5% $192	+0% $160	+5% $129	+10% $98
Rent	-10% $79	-5% $119	+0% $160	+5% $201	+10% $242
Rate	-1.0pp $216	-0.5pp $188	base $160	+0.5pp $132	+1.0pp $103

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
906 Thomas St Macon, GA	2.0	1.0	800	$650	$0.81	44d	1	0.02mi
955 Putnam St Unit 1 Macon, GA	3.0	1.0	950	$1,199	$1.26	44d	1	0.10mi
4322 Mikado Ave Macon, GA	3.0	2.0	1344	$1,230	$0.92	21d	1	0.14mi
4196 Mikado Ave Unit A Macon, GA	1.0	1.0	897	$950	$1.06	44d	1	0.37mi
4196 Mikado Ave Unit B Macon, GA	1.0	1.0	890	$900	$1.01	44d	1	0.37mi
1260 Auburn Dr Macon, GA	3.0	1.0	864	$1,295	$1.50	21d	1	0.45mi
1260 Auburn Dr Macon, GA	3.0	1.0	864	$1,075	$1.24	44d	1	0.45mi
524 Carmen Pl Macon, GA	3.0	1.0	1175	$1,050	$0.89	44d	1	0.58mi
1156 Triple Hill Dr Macon, GA	2.0	1.0	980	$875	$0.89	14d	1	0.68mi
832 Richmond St Macon, GA	3.0	1.0	1364	$925	$0.68	21d	1	0.70mi
1289 Rocky Creek Rd Macon, GA	2.0	1.0	1404	$750	$0.53	44d	1	0.75mi
1332 Hillridge Dr Macon, GA	3.0	2.0	1050	$1,050	$1.00	14d	1	0.77mi
4011 Marion Ave Macon, GA	2.0	1.0	1200	$1,200	$1.00	21d	1	0.79mi
846 Bedingfield Ave Macon, GA	3.0	1.5	1187	$975	$0.82	44d	1	0.81mi
1148 N Beddingfield Dr Macon, GA	3.0	1.0	1076	$825	$0.77	44d	1	0.92mi
3709 Flamingo Dr Macon, GA	3.0	1.0	1360	$1,300	$0.96	44d	1	1.02mi
534 Lynmore Ave Macon, GA	2.0	1.0	864	$925	$1.07	44d	1	1.05mi
4028 Saint Charles Pl Macon, GA	3.0	1.0	900	$800	$0.89	21d	1	1.11mi
3423 Flamingo Dr Macon, GA	3.0	1.0	1048	$895	$0.85	44d	1	1.25mi
3823 Saint Charles Pl Macon, GA	3.0	1.0	1020	$1,150	$1.13	44d	1	1.26mi
3685 Rice Mill Rd Macon, GA	3.0	1.0	1152	$1,450	$1.26	44d	1	1.29mi
3778 Spencer Cir Macon, GA	3.0	1.0	864	$1,300	$1.50	21d	1	1.33mi
1164 Newberg Ave Macon, GA	3.0	1.0	1100	$1,195	$1.09	44d	1	1.35mi
837 Newberg Ave Macon, GA	3.0	1.0	966	$750	$0.78	44d	1	1.36mi
3837 Spencer Cir Macon, GA	3.0	1.0	1080	$1,300	$1.20	44d	1	1.42mi
3238 Somerset Dr Macon, GA	3.0	1.0	1100	$975	$0.89	14d	1	1.42mi

Listing history 11 events

1. 2026-03-26
   price $110,000 1954-char remark

   Show marketing remark (1954 chars)

   Step into timeless Southern charm with this beautifully restored 1950s cottage style home, built with durable oak wood and a block foundation, this 3 bedroom, 2 bath home blends vintage character with modern updates, making it ideal for first time buyers, downsizers, or investors looking for a turnkey property. From the moment you arrive, the inviting side porch welcomes you in. Perfect for sipping coffee, relaxing with a book. Inside, the home showcases thoughtful renovations that enhance both comfort and style while preserving its original charm. Major Upgrades Include: Brand new galvanized metal roof, new electrical wiring, switches, outlets, and Halo LED lighting, fully replaced copper plumbing, new HVAC system with smart Nest thermostat, a new 50-gallon Rheem water heater, refinished original hardwood floors downstairs; new LVP flooring upstairs, all new windows with included curtains, updated bathrooms with tiled showers and stylish fixtures, new interior/exterior paint, doors, stairs, attic access panels, and more! The layout offers flexible living with 2 bedrooms and 1 bath on the main level and a private upstairs suite featuring a third bedroom and full bath, ideal for guests, tenants, or multigenerational living. The backyard has a really nice detached shed with endless potential. Measuring 14 x 22'', the fully upgraded shed includes new shingles, electrical wiring, fresh paint, and metal shelving. Whether used as a workshop, creative studio, or converted to an additional living space, it adds valuable versatility to the property. This home is located just minutes from Macon's community events - from Macon's famed International Cherry Blossom Festival and Bragg Jam to full moon floats on the Ocmulgee River and festive holiday celebrations. If you're searching for a beautiful, turnkey ready home that's located only minutes from Downtown Macon's most exciting events, 4386 Mikado Avenue is just waiting for you.

2. 2026-03-26
   price $125,000 1954-char remark

   Show marketing remark (1954 chars)

   Step into timeless Southern charm with this beautifully restored 1950s cottage style home, built with durable oak wood and a block foundation, this 3 bedroom, 2 bath home blends vintage character with modern updates, making it ideal for first time buyers, downsizers, or investors looking for a turnkey property. From the moment you arrive, the inviting side porch welcomes you in. Perfect for sipping coffee, relaxing with a book. Inside, the home showcases thoughtful renovations that enhance both comfort and style while preserving its original charm. Major Upgrades Include: Brand new galvanized metal roof, new electrical wiring, switches, outlets, and Halo LED lighting, fully replaced copper plumbing, new HVAC system with smart Nest thermostat, a new 50-gallon Rheem water heater, refinished original hardwood floors downstairs; new LVP flooring upstairs, all new windows with included curtains, updated bathrooms with tiled showers and stylish fixtures, new interior/exterior paint, doors, stairs, attic access panels, and more! The layout offers flexible living with 2 bedrooms and 1 bath on the main level and a private upstairs suite featuring a third bedroom and full bath, ideal for guests, tenants, or multigenerational living. The backyard has a really nice detached shed with endless potential. Measuring 14 x 22'', the fully upgraded shed includes new shingles, electrical wiring, fresh paint, and metal shelving. Whether used as a workshop, creative studio, or converted to an additional living space, it adds valuable versatility to the property. This home is located just minutes from Macon's community events - from Macon's famed International Cherry Blossom Festival and Bragg Jam to full moon floats on the Ocmulgee River and festive holiday celebrations. If you're searching for a beautiful, turnkey ready home that's located only minutes from Downtown Macon's most exciting events, 4386 Mikado Avenue is just waiting for you.

3. 2026-02-21
   price $130,000 1954-char remark

   Show marketing remark (1954 chars)

   Step into timeless Southern charm with this beautifully restored 1950s cottage style home, built with durable oak wood and a block foundation, this 3 bedroom, 2 bath home blends vintage character with modern updates, making it ideal for first time buyers, downsizers, or investors looking for a turnkey property. From the moment you arrive, the inviting side porch welcomes you in. Perfect for sipping coffee, relaxing with a book. Inside, the home showcases thoughtful renovations that enhance both comfort and style while preserving its original charm. Major Upgrades Include: Brand new galvanized metal roof, new electrical wiring, switches, outlets, and Halo LED lighting, fully replaced copper plumbing, new HVAC system with smart Nest thermostat, a new 50-gallon Rheem water heater, refinished original hardwood floors downstairs; new LVP flooring upstairs, all new windows with included curtains, updated bathrooms with tiled showers and stylish fixtures, new interior/exterior paint, doors, stairs, attic access panels, and more! The layout offers flexible living with 2 bedrooms and 1 bath on the main level and a private upstairs suite featuring a third bedroom and full bath, ideal for guests, tenants, or multigenerational living. The backyard has a really nice detached shed with endless potential. Measuring 14 x 22'', the fully upgraded shed includes new shingles, electrical wiring, fresh paint, and metal shelving. Whether used as a workshop, creative studio, or converted to an additional living space, it adds valuable versatility to the property. This home is located just minutes from Macon's community events - from Macon's famed International Cherry Blossom Festival and Bragg Jam to full moon floats on the Ocmulgee River and festive holiday celebrations. If you're searching for a beautiful, turnkey ready home that's located only minutes from Downtown Macon's most exciting events, 4386 Mikado Avenue is just waiting for you.

4. 2026-01-12
   price $140,000 1954-char remark

   Show marketing remark (1954 chars)

   Step into timeless Southern charm with this beautifully restored 1950s cottage style home, built with durable oak wood and a block foundation, this 3 bedroom, 2 bath home blends vintage character with modern updates, making it ideal for first time buyers, downsizers, or investors looking for a turnkey property. From the moment you arrive, the inviting side porch welcomes you in. Perfect for sipping coffee, relaxing with a book. Inside, the home showcases thoughtful renovations that enhance both comfort and style while preserving its original charm. Major Upgrades Include: Brand new galvanized metal roof, new electrical wiring, switches, outlets, and Halo LED lighting, fully replaced copper plumbing, new HVAC system with smart Nest thermostat, a new 50-gallon Rheem water heater, refinished original hardwood floors downstairs; new LVP flooring upstairs, all new windows with included curtains, updated bathrooms with tiled showers and stylish fixtures, new interior/exterior paint, doors, stairs, attic access panels, and more! The layout offers flexible living with 2 bedrooms and 1 bath on the main level and a private upstairs suite featuring a third bedroom and full bath, ideal for guests, tenants, or multigenerational living. The backyard has a really nice detached shed with endless potential. Measuring 14 x 22'', the fully upgraded shed includes new shingles, electrical wiring, fresh paint, and metal shelving. Whether used as a workshop, creative studio, or converted to an additional living space, it adds valuable versatility to the property. This home is located just minutes from Macon's community events - from Macon's famed International Cherry Blossom Festival and Bragg Jam to full moon floats on the Ocmulgee River and festive holiday celebrations. If you're searching for a beautiful, turnkey ready home that's located only minutes from Downtown Macon's most exciting events, 4386 Mikado Avenue is just waiting for you.

5. 2025-11-25
   status Active 1954-char remark

   Show marketing remark (1954 chars)

   Step into timeless Southern charm with this beautifully restored 1950s cottage style home, built with durable oak wood and a block foundation, this 3 bedroom, 2 bath home blends vintage character with modern updates, making it ideal for first time buyers, downsizers, or investors looking for a turnkey property. From the moment you arrive, the inviting side porch welcomes you in. Perfect for sipping coffee, relaxing with a book. Inside, the home showcases thoughtful renovations that enhance both comfort and style while preserving its original charm. Major Upgrades Include: Brand new galvanized metal roof, new electrical wiring, switches, outlets, and Halo LED lighting, fully replaced copper plumbing, new HVAC system with smart Nest thermostat, a new 50-gallon Rheem water heater, refinished original hardwood floors downstairs; new LVP flooring upstairs, all new windows with included curtains, updated bathrooms with tiled showers and stylish fixtures, new interior/exterior paint, doors, stairs, attic access panels, and more! The layout offers flexible living with 2 bedrooms and 1 bath on the main level and a private upstairs suite featuring a third bedroom and full bath, ideal for guests, tenants, or multigenerational living. The backyard has a really nice detached shed with endless potential. Measuring 14 x 22'', the fully upgraded shed includes new shingles, electrical wiring, fresh paint, and metal shelving. Whether used as a workshop, creative studio, or converted to an additional living space, it adds valuable versatility to the property. This home is located just minutes from Macon's community events - from Macon's famed International Cherry Blossom Festival and Bragg Jam to full moon floats on the Ocmulgee River and festive holiday celebrations. If you're searching for a beautiful, turnkey ready home that's located only minutes from Downtown Macon's most exciting events, 4386 Mikado Avenue is just waiting for you.

6. 2025-11-25
   historical 1954-char remark

   Show marketing remark (1954 chars)

   Step into timeless Southern charm with this beautifully restored 1950s cottage style home, built with durable oak wood and a block foundation, this 3 bedroom, 2 bath home blends vintage character with modern updates, making it ideal for first time buyers, downsizers, or investors looking for a turnkey property. From the moment you arrive, the inviting side porch welcomes you in. Perfect for sipping coffee, relaxing with a book. Inside, the home showcases thoughtful renovations that enhance both comfort and style while preserving its original charm. Major Upgrades Include: Brand new galvanized metal roof, new electrical wiring, switches, outlets, and Halo LED lighting, fully replaced copper plumbing, new HVAC system with smart Nest thermostat, a new 50-gallon Rheem water heater, refinished original hardwood floors downstairs; new LVP flooring upstairs, all new windows with included curtains, updated bathrooms with tiled showers and stylish fixtures, new interior/exterior paint, doors, stairs, attic access panels, and more! The layout offers flexible living with 2 bedrooms and 1 bath on the main level and a private upstairs suite featuring a third bedroom and full bath, ideal for guests, tenants, or multigenerational living. The backyard has a really nice detached shed with endless potential. Measuring 14 x 22'', the fully upgraded shed includes new shingles, electrical wiring, fresh paint, and metal shelving. Whether used as a workshop, creative studio, or converted to an additional living space, it adds valuable versatility to the property. This home is located just minutes from Macon's community events - from Macon's famed International Cherry Blossom Festival and Bragg Jam to full moon floats on the Ocmulgee River and festive holiday celebrations. If you're searching for a beautiful, turnkey ready home that's located only minutes from Downtown Macon's most exciting events, 4386 Mikado Avenue is just waiting for you.

7. 2025-08-26
   listed $150,000 Active 1954-char remark

   Show marketing remark (1954 chars)

   Step into timeless Southern charm with this beautifully restored 1950s cottage style home, built with durable oak wood and a block foundation, this 3 bedroom, 2 bath home blends vintage character with modern updates, making it ideal for first time buyers, downsizers, or investors looking for a turnkey property. From the moment you arrive, the inviting side porch welcomes you in. Perfect for sipping coffee, relaxing with a book. Inside, the home showcases thoughtful renovations that enhance both comfort and style while preserving its original charm. Major Upgrades Include: Brand new galvanized metal roof, new electrical wiring, switches, outlets, and Halo LED lighting, fully replaced copper plumbing, new HVAC system with smart Nest thermostat, a new 50-gallon Rheem water heater, refinished original hardwood floors downstairs; new LVP flooring upstairs, all new windows with included curtains, updated bathrooms with tiled showers and stylish fixtures, new interior/exterior paint, doors, stairs, attic access panels, and more! The layout offers flexible living with 2 bedrooms and 1 bath on the main level and a private upstairs suite featuring a third bedroom and full bath, ideal for guests, tenants, or multigenerational living. The backyard has a really nice detached shed with endless potential. Measuring 14 x 22'', the fully upgraded shed includes new shingles, electrical wiring, fresh paint, and metal shelving. Whether used as a workshop, creative studio, or converted to an additional living space, it adds valuable versatility to the property. This home is located just minutes from Macon's community events - from Macon's famed International Cherry Blossom Festival and Bragg Jam to full moon floats on the Ocmulgee River and festive holiday celebrations. If you're searching for a beautiful, turnkey ready home that's located only minutes from Downtown Macon's most exciting events, 4386 Mikado Avenue is just waiting for you.

8. 2025-07-25
   historical
9. 2025-06-09
   listed $200,000 New
10. 2005-06-23
    soldstatus $225,000
11. 2005-04-11
    soldstatus $24,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $423 · $35/mo
• Projected year-2 tax: $1,012 · $84/mo
• Expected delta: +$589/yr (+$49/mo · 139.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 66% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,431
• − Mortgage interest: −$6,162
• − Property taxes: −$423
• − Insurance: −$550
• − Repairs & maintenance: −$994
• − Management: −$994
• − Depreciation: −$3,200
• Taxable income: $107
• Est. tax owed @ 24.0%: −$26
• After-tax cash flow: $1,899/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bibb County
• NCES district ID: 1300420
• Math proficiency: 11% ▼ -14.00%
• Reading proficiency: 18% ▼ -11.00%
• Median HH income: $37,426
• Composite: 12.13/100
• National rank: #9654
• State rank: #161 of 174 in GA

Livability — Macon-Bibb County

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Macon-Bibb County, GA
• County: Bibb County · 164,332 people
• City population: 143,186
• Metro: Macon-Bibb County, GA
• Population (ZIP): 24,310
• Household income: $30,042
• Rent vs Own: 56.5% rent · 43.5% own
• Severe rent burden: 1335.0

Population outlook (Bibb County) Hauer SSP2

• Today (2025): 148,772 people
• By 2030: 145,904 · -1.9%
• By 2040: 139,404 · -6.3%
• By 2050: 131,603 · -11.5%
• By 2075: 111,050 · -25.4%
• By 2100: 83,346 · -44.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (76%)
• Race & ethnicity: Black 76% White 12% Hispanic / Latino 8% Two or more races 4%
• Hispanic origin (detail): Mexican 5% Puerto Rican 1%
• Common ancestry: Lithuanian 1% Italian 1%
• Foreign-born: 4% · Canada
• Languages at home: 91% English-only · Spanish 8%

Political lean MEDSL · Bibb

• 2024 margin: Strong D (+22.4) · D 61.0% · R 38.5%
• 2008→2024 swing: +4.4pp toward D · 2008: 18.0pp · 2024: 22.4pp
• All cycles: 2024: D+22.4 2020: D+23.8 2016: D+20.2 2012: D+20.0 2008: D+18.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -80.17%
• Current HPI: 148.6765
• Rent YoY: ▲ 5.03%
• Metro: Macon-Bibb County, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+349.0% since first listed

11 events — show timeline

• 2026-03-26 Price Changed $110,000 MGMLS
• 2026-03-26 Price Changed $125,000 MGMLS
• 2026-02-21 Price Changed $130,000 MGMLS
• 2026-01-12 Price Changed $140,000 MGMLS
• 2025-11-25 Relisted — MGMLS
• 2025-11-25 Delisted — MGMLS
• 2025-08-26 Listed $150,000 MGMLS
• 2025-07-25 Listing Removed — GAMLS
• 2025-06-09 Listed $200,000 GAMLS
• 2005-06-23 Sold (Public Records) $225,000 Public Records
• 2005-04-11 Sold (Public Records) $24,500 Public Records

Property tax history

+9.2%/yr

Latest (2025): $423 · +2.3% YoY. Source: county tax records.