$1,490,000

Estimated payment $8,692/month

5 Beds
3 Baths
3,040 Sq Ft
$490 Price per Sq Ft

About This Home

$130K+ Annual Income in Savannah’s Historic District! This Exceptional 3040Sqft, TC-1 Zoned Mixed-Use Property Is A Proven, High-Performing Short-Term Vacation Rental Currently Generating Over $130,000 Per Year, Offering Immediate Cash Flow With Outstanding Long-Term Flexibility. The Property Is Configured As A 5BR/3BA By Combining Two Distinct Units, Featuring Two Full Kitchens And Two Separate Living Rooms, Ideal For Large Groups, Multi-Family Stays, Or Flexible Occupancy. The Ground-Level Unit Is Approved For Retail Or Commercial Use Under TC-1 Zoning And Can Easily Be Converted To A Boutique, Office, Café, Gallery, Studio, Or Service-Oriented Business, While The Upper Level Remains Residential, Creating A Rare Opportunity To Live In One Unit, Rent The Other, Or Create A Seamless Work/Live Combination In The Heart Of The Historic District. TC-1 Zoning Supports A Broad Range Of Commercial, Office, Service, And Residential Uses, Enhancing Both Adaptability And Long-Term Value. Continue Operating As A Lucrative STVR, Separate The Units For Multiple Income Streams, Owner-Occupy One Level While Leasing The Other, Or Reposition The Property As A Classic Mixed-Use Asset With Commercial Revenue Below And Residential Living Or Rental Income Above. Ideally Located In A Highly Walkable Setting Surrounded By Savannah’s Iconic Architecture, Shopping, Dining, Cultural Landmarks, And Downtown Amenities. This Property Offers Rare Zoning, Strong Income, And Multiple Exit Strategies In One Of Savannah’s Most Sought-After And Tightly Held Districts.

Listing Agent

Brent Palmer

Waterline Real Estate Group License #268312 Listed on: 12/19/2025

Co-Listing Agent

Jennifer Rutherford

Jenny Rutherford Real Estate, License #343627

Map

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1890
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Flooring: Hardwood, Tile
  • Interior Amenities: Pull Down Attic Stairs

Exterior Features

  • Exterior Features: Balcony
  • Roof: Rubber, Rolled/Hot Mop

Utilities

  • Utilities: Cable Available
  • Water Source: Public

Lot Info

  • Zoning: TC-1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,346 $174,720 $21,160 $153,560
2024 $10,346 $178,040 $21,160 $156,880
2023 $2,276 $186,520 $21,160 $165,360
2022 $1,940 $159,040 $21,160 $137,880
2021 $6,152 $142,200 $21,160 $121,040
2020 $4,470 $141,560 $21,160 $120,400
2019 $8,498 $141,560 $21,160 $120,400
2018 $4,445 $139,920 $21,160 $118,760
2017 $4,590 $156,520 $21,160 $135,360
2016 $4,520 $154,920 $19,520 $135,400
2014 $10,582 $190,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 Price Changed $1,490,000 0.0% $490 / Sq Ft
12/19/2025 12/19/25 For Sale $1,490,000 -- $490 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $422,381 --
Deed -- --
Warranty Deed $144,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $339,400 New Conventional
Closed $92,600 New Conventional
Source: Public Records

Source: Hive MLS

MLS Number: SA345508

Hive MLS

APN: 2004427012